LYC 0.89% $6.80 lynas rare earths limited

dr looi on fb malaysia, page-276

  1. 998 Posts.
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    Uncertain.. but that seems to be the way things go in Malaysia at the moment..
    This quote I find really laughable:

    "I hope Redzuan will focus on matters within his scope of responsibility and not make irresponsible statements on behalf on the Energy, Science, Technology, Environment and Climate Change Ministry and the government, on an issue which is not within his jurisdiction," Bentong MP Wong Tack said today.

    https://www.malaysiakini.com/news/470298

    BN targets anti-Lynas Harapan leaders, Wong Tack tells Redzuan to butt out

    BN leaders are having a field day criticising Pakatan Harapan leaders who had previously taken an anti-Lynas stance, after Entrepreneur Development Minister Mohd Redzuan Yusof reportedly said the rare earth company can remain in Malaysia.

    Under fire, anti-Lynas activists within Harapan have lashed out at Redzuan.

    "I hope Redzuan will focus on matters within his scope of responsibility and not make irresponsible statements on behalf on the Energy, Science, Technology, Environment and Climate Change Ministry and the government, on an issue which is not within his jurisdiction," Bentong MP Wong Tack said today.

    Yesterday, Redzuan was quoted by Utusan Malaysia as saying that the government will allow Lynas to remain in the country so as to inspire confidence for foreign direct investment.

    Wong Tack said Redzuan was likely "ignorant" of Lynas' violations or that he may have been influenced by "spin."

    "Rejecting Lynas is based on environmental injustice and violations of a country’s laws, rules and procedures. It has nothing to do with FDI. Lumping them together is absurd," he said in a statement.

    Earlier, Kuantan MP Fuziah Salleh, who is also a minister in the prime minister's department, had said it was "unfortunate" that many in the government had bought into Lynas' narrative.


    etc etc
 
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