ASM 0.00% $1.00 australian strategic materials limited

China’s monopoly on rare earths., page-79

  1. 22,134 Posts.
    lightbulb Created with Sketch. 769
    Re: REs
    Facts:
    -The USA is the agressor in the US/China trade conflict
    -China has reacted to US trade tariffs/sanctiona; not the other way around
    -Australia's biggest RE producer, Lynas , has its refinery in Malaysia because of W/A's onerous environmental regulations and high
    Australian labour cost inputs
    -Lyna's (LYC) plant in Malaysia has been dogged with controversy regarding the disposal of its radio active waste stockpile.
    The strategy seems to be to dilute the R/A tailings with roadbase for road making and/or concrete but long term leaching
    seems to be a major issue, so much so, that the Malaysian Government initially required LYN to re-export the waste.

    At present there seems to be a stand-off

    advertisingnotallowed/environment/environment-display/toxic-waste-lynas-corporation-and-the-downside-of-renewable-energy,12619


 
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