LYC 2.36% $6.06 lynas rare earths limited

Crisis in Malaysia, page-6

  1. 998 Posts.
    lightbulb Created with Sketch. 2252
    Part of me thought YBYs blatant bias was down to misguided immaturity, but as she's not learning I now think it's a deeply rooted character flaw. One have to wonder how long she will survive in politics..
    ---
    Given that Yeo manages energy, climate change and environment portfolios, it may raise some eyebrows that her partner is Mr. Lee Yeow Seng, scion of the IOI Group, whose oil plantations in Malaysia and Indonesia cover more than 150,000 hectares of land.
    When asked, Yeo debunked any link between palm oil and deforestation in Malaysia.


    “If you look at Malaysia, most of our oil palm plantations are already a brownfield. That means they are already not a virgin forest. [Oil palm plantations are] ten times more productive per hectare of land in terms of oil production than soybean and grapeseed,” Yeo said.
    https://www.asianscientist.com/2019/07/print/malaysia-yeo-bee-yin-environment-minister/
    ---
    Many sources point to the opposite, one illustrates this clearly:
    'Almost all (> 99%) of the forest loss between 1988 and 2012 that has been converted to industrial oil palm plantations is within 1 km from oil palm plantations that have been established earlier.'
    https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0210628

    Her glasses are definitely rose-tinted, or is it love-tinted..? rolleyes.png
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.06
Change
0.140(2.36%)
Mkt cap ! $5.664B
Open High Low Value Volume
$6.02 $6.12 $5.97 $11.52M 1.904M

Buyers (Bids)

No. Vol. Price($)
3 12791 $6.04
 

Sellers (Offers)

Price($) Vol. No.
$6.07 13019 2
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.