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clock Created with Sketch. 25/01/20
10:18
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Originally posted by ausheds
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Agree AL very upbeat 2020, extension of what I noted LAMP, KL & AGM thru November.“We are reluctant participants in the idea of shutting down any part of our Malaysian operations," she said. "Our enthusiasm for investment in Malaysia remains pretty high because it’s a great place other than some of the political issues that we’ve had.” Ms Lacaze also acknowledged the production expansion that will be needed over the next decade and "where we put that given there is a great deal of enthusiasm from non-Malaysian governments in rare earths and critical minerals". Possibly we may see a concession such as allowing a PDF to be constructed at LAMP for the existing WLP, which is already sitting on a base built to intn'l standards, with the new offsite PDF constructed to take new residues, incl those from expanded production. Mara Corp has already been engaged to help commercialise the ~1.5MT NUF stored onsite.
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I recall Paul Keating describing Malaysian Prime Minister as being recalcitrant that was in 1993 - still applies? They haven't come a long way have they?
(20min delay)