LYC 0.91% $6.50 lynas rare earths limited

dr looi on fb malaysia, page-55

  1. RVR
    6,256 Posts.
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    Breathtaking Ministerial hypocrisy again, after the treatment being meted out to Lynas by this Government:

    ‘..... The minister added that the national car project will be the ideal catalyst for this due to the sheer amount of engineering skills and components needed, including structural, mechanical, electrical and electronic, and robotics and automation.


    He insisted that engineering is one of the vital keys to Malaysia becoming a producing nation. Excelling in the automotive sector would be a stepping stone to higher-level manufacturing and engineering sectors like the aerospace industry.


    He said the ministry has attracted a lot of interest, with investors voicing their intent to come here because of existing infrastructure, talent and raw materials. He cited the rare earths processed for battery manufacturing at the Lynas Advanced Materials Plant in Kuantan, Pahang.....’

    What about the world-leading chemical engineering at the LAMP?

    Last edited by RVR: 21/01/19
 
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