LYC 0.33% $6.07 lynas rare earths limited

Ann: PDF for WLP Residue in Malaysia, page-83

  1. 19,583 Posts.
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    You appear to have forgotten that the Lynas operating contract had three provisions in order of priority for dealing with residues:

    1/ Reuse via "dilute & disperse", storage at LAMP was constructed & permitted to intn'l standards bar enclosure while that option was developed, and ultimately not accepted.

    Default option:

    2/ PDF located & built for permanent storage, deemed acceptable August and now progressing.

    Final option:

    3/ Repatriate/export, not currently commercially viable which gives Malaysia the choice of having a RE processing industry or not, they appear to have decided they would like to retain a domestic RE processing industry.
 
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