LYC 1.98% $6.92 lynas rare earths limited

fuziah to meet siemens tomorrow, page-22

  1. 352 Posts.
    Hbunton said
    "Malaysia has the golden opportunity to attract electronics related industries to its country.Stage 2 production will offer even more. But delaying Lynas will result in that window of opportunity closing".

    Actually If we were privy to backroom political/economic discussions in Malaya my bet is that this statement by HBunton would be one of the MAJOR issues.
    I understand that for many years Malaysia has suffered a manufacturing industry drain to China. From my own research i understand they are aggressively trying to attract industry to the country and you can be sure this economic stragegy would impact positively on the Lynas situation even independant of Siemans.
    I betcha that someone is already taking credit (rightly so) for the strategic and practical implimentation of Lynas and how by doing so has atttracted Seimans as a spin of.
    Good on ya Malayasia for clever moves.
    Thoufghts and comments from our Malaysion posters welcome.
 
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