encouraging (good) news on malaysia, page-2

Sorry mate to say, that you are not very good at reading between the lines.

Here is the full text:

Let Experts Decide On Safety Of Lynas Project
KUALA LUMPUR, June 15 (Bernama) - Public debate on the rare earth plant by Lynas Corporation Ltd of Australia in Gebeng, Kuantan should stop until experts complete a safety study at month end. Deputy Minister of International Trade and Industry Datuk Mukhriz Mahathir said the issue should not be discussed because they are not experts in the field.

"That's why we bring in experts appointed by the International Atomic Energy Agency (IAEA) so that government can make the right decision. We will accept advice given by IAEA and will cancel the project if poses danger to the people.

"However, if IAEA finds that it does not pose a health danger, everyone must accept reality and do our best," he said when winding up debate on the Industrial Development Board Bill (Incorporated) (Amendment) Act 2011.

Mukhriz said the government will not make any decision about the project until a report on the safety study is obtained.

IAEA has appointed a team of eight experts led by Waste Technology and Nuclear Fuel Cycle Division director Dr Tero Varjoranta of Finland to conduct a safety and health review of Lynas plant from May 29-June 3.

A report on their findings will be submitted to the government on June 30.

-- BERNAMA

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below the line this means, LAMP is seriously questioned at the moment since the goverment (that most likely want's to be reelected in near time) is intending to "CANCEL THE PROJECT IF POSES DANGER TO THE PEOPLE".

If this should happen, you can be sure to pick up shares for well below 1 AUD.

So finally it comes down to the question: CAN A LARGE PLANTATION LIKE LAMP BE HARMFULL TO THE PEOPLE IN SUCH A HIGHLY POPULATED REGION?

We can only look at existing plants in China in order to answer that question. Here is what it looks like in Baotou/China



So, to be fair, I must admit, that the Baotou plant is much older than LAMP.
But it certainly shows, that a rare earth plant can have a catastrophic impact on its surroundings.

I think, it is irresponsible to take these risks in the Kuantan region. Tourism and fishing industry would suffer, and so would the people, exposed to dust, polluted water and radiation. This could mean many thousand slow deaths, cancer and disabled children.

regards
Julia