(oyyp)re: dr mahathir backs lynas, public must accept. (oyyp)...

(oyyp)re: dr mahathir backs lynas, public must accept. (oyyp)
Code: LYC - LYNAS CORPORATION LIMITED (Google LYC) Post: 8898659
Reply to: #8898484 from Lim Views: 39
Posted: 18/12/12 12:00:11 PM Sentiment: LT Buy Disclosure: Stock Held From: 218.186.xxx.xxx
If only Dr Mahathir is still the PM and with his backing Lynas will be well over $1.00. Or perhaps he'll just keep silent like the current PM.
So now we really need Najib to speak up for Lynas.


'''below dr mahathir has taken stand against antilynas'''



Dr M slams Lynas opponents, says plant ‘not dangerous’


December 17, 2012

Dr Mahathir said “rare earth is not yet known to cause diseases among users of its end product.” — File pic
KUALA LUMPUR, Dec 17 — Former prime minister Tun Dr Mahathir Mohamed has agreed with the government decision to continue with the Lynas rare earth processing plant in Gebeng, Kuantan and disagreed with protesters that the plant was dangerous.
Condemning the action of protesters over the heavily politicised rare earth plant in Kuantan, he said the nation needed to accept that it was not harmful, and important for the country to reap the benefits from the existence of rare earth in the country.

“I think we need to stick to the fact that it is true that there are nuclear materials that are very dangerous and need to be handled carefully and with responsibility.

“Rare earth is not dangerous like nuclear... rare earth is not yet known to cause diseases among users of its end product,” he said in his speech at the Chemical Industries Council of Malaysia (CICM) Responsible Care Awards 2011/2012 dinner here today.

He said rare earth, used as a component for batteries and magnets, was a very important material for the electronic industry.

He said that the process undertaken at the Lynas plant was not a dangerous process and its safety had been assured by the world’s best expert and certified by the International Atomic Energy Agency (IAEA).

Meanwhile, Responsible Care Awards 2011/2012 saw Petronas subsidiary, Petronas Chemicals Group Bhd, winning six gold, four silver and 13 merit awards under the Corporate Awards category for the Six Codes of Management Practice.

“As a chemicals industry leader, Petronas Chemicals is constantly vigilant in observing health, safety and environment standards and continuously strives for the best practices,” CICM president/chief executive officer Dr Abd Hapiz Abdullah said.

The awards are the chemical industry’s unique global initiative to drive continuous improvement in all aspects of safety, health and environmental performance. — Bernama

http://www.themalaysianinsider.com/malaysia/article/dr-m-slams-lynas-opponents-says-plant-not-dangerous/