Further word is ‘Team Azmin' (having seen off the Anwar faction which incl Fuzzy) has got behind the very positive review.
As Economics Minister potentially a key influence on a strong, supportive statement from Cabinet.
Which is something Lynas NEVER got from Najib's Govt, just delays, tepid support, and Condisoil approval buried for 10 months prior election.
Fuzzy, Wrong Track, et al, may well have done us a massive service bringing all these years of innuendo & conspiracy to a head, particularly if the smart players in the new Govt see the opportunity to champion Lynas as the catalyst to creating a multi faceted downstream industry based on LAMP REO.
Japanese metal & mag makers went to China for REO, despite the IP sacrifice, why would they not go to Malaysia once offered LT security of supply?
ONLY place they are going to get it, particularly with the JOGMEC 3600tpa surety limited by volume & time.
Apologies for the marching band & pom pom girls but from the available info I see this as an entirely logical conclusion with few other options if ROW is at all serious about realising any of the glossy story line around EV, Wind, etc, without becoming totally dependent China Inc. The Lynas business could not be replicated until well into next decade, no way, game over.
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