LYC 3.43% $6.34 lynas rare earths limited

If SMSL were even remotely genuine in their concern re...

  1. 19,583 Posts.
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    If SMSL were even remotely genuine in their concern re radiological waste why have they not joined Malaysia's petrochemical industry to their action? Have Lynas's neighbours applied the same standards to NORM in their wastes? SMSL wouldn't have a clue but I bet the neighbours are a little nervous on today's outcome.

    "Radioactive materials, sealed sources and radiation generators are used extensively by the oil and gas industry, and various solid and liquid wastes containing naturally occurring radioactive material (NORM) are produced. The presence of these radioactive materials and radiation generators results in the need to control occupational and public exposures to ionizing radiation.
    Various radioactive wastes are produced in the oil and gas industry, including the following:
    ? Discrete sealed sources, e.g. spent and disused sealed sources;
    ? Unsealed sources, e.g. tracers;
    ? Contaminated items;
    ? Wastes arising from decontamination activities, e.g. scales and sludges.
    These wastes are generated predominantly in solid and liquid forms and may contain radionuclides of artificial or natural origin with a wide range of half-lives.
    The oil and gas companies themselves are not experts in every aspect of the technology applied in their industry. Frequently the necessary expertise is provided to the industry by specialized support organizations. Obviously it is in the interests of the oil and gas industry to
    demonstrate an appropriate standard of basic radiation safety, environmental protection and waste management and to have a common understanding of requirements and controls to
    establish efficient and safe operations."

    http://www-pub.iaea.org/MTCD/publications/PDF/TCS-40_web.pdf
 
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