LYC 2.90% $6.37 lynas rare earths limited

So the court found the following to be factual? or atleast not...

  1. 204 Posts.
    So the court found the following to be factual? or atleast not defamatory.

    Serious construction problems of the LAMP - 22 concrete tanks in the processing area was defective and will result in corrosive and radioactive materials leaking onto the plant floor and into the ground eventually. These tanks were not moisture-proof, which is a standard engineering practice for this kind of plant. It is especially essential in a damp swampy environment. We have and continue to receive confidential accounts of failed electrical wiring and installation, failed hydro tests where major tanks with structural cracks and leaks were detected, broken underground water pipes that need to be redone and so forth. A large section of the plant has sunk. Many of these defects could not be easily fixed or safely repaired. Lynas is believed to have grossed over the problem and have summarily covered up the defects. The full extent of the construction defects and design problems can only be uncovered by a thorough independent engineering audit
 
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