LYC 1.15% $7.71 lynas rare earths limited

clowns..., page-36

  1. 1,989 Posts.
    Goofy

    OK so the devil is in the detail ie Ongkili says it's OK to sell the by-products in Malaysia if it doesn't come under the Atomic Energy Licensing Act:

    However, Ongkili stressed that Lynas must comply with the conditions of the Temporary Operating Licence (TOL) issued to it, which was to remove from Malaysia all residue generated by the plant, including all products made from the residue.

    “In that processing stage, (if) the rate of radioactivity goes below 1 Bq per gram, then it doesn't come under the Atomic Energy Licensing Act 1984 anymore.

    “It becomes just an ordinary product with ordinary residue that can be used for industrial purposes.



    Where is Sherlock and Watson when you need them:)

 
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