With Anwar Ibrahim forwarding on an application to Minister Lavrov of Russia to join BRICS . I cannot envisage a country of Malaysias size and economy being refused. While many western companies have invested there I can see the Malaysian government taking positions where the market is the biggest. China. Hong Kong comes mildly to mind when China began their National security program and western industries and investment bailed. Albeit, that was direct Beijing intervention. I am interested in hearing from the knowledgeable HC posters what, if any, implications this may have on Lynas Will it expedite the Texas project as well. I'm thinking , and maybe totally incorrect, there may be some equipment relocation in the distant future to the USA. With the past dealings we have had in Malaysia I'm concerned with a Malaysian future once more. I think this topic justifies a new thread and penny for your opinions HC.
LYC Price at posting:
$6.96 Sentiment: None Disclosure: Held
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