LYC 2.56% $6.10 lynas rare earths limited

Extract from the Star.

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    Lynas after many years still hasn't learnt not to headbutt the politicians. The following is reminiscent of the old days when Lynas's Nick Curtis went out of his ways to get the protestors off side .

    Extract from the Star.



    KUANTAN: Rare earth materials producer Lynas Corporation has expressed disappointment over statements made by Lynas evaluation committee chairman Fuziah Salleh, saying that her comments are not consistent with the requirements of a fair decision-making process.
    Without referring to Fuziah by name, Lynas CEO Amanda Lacaze said the committee chairman had stated that there was no requirement to be independent and did not confirm that Lynas could expect a fair review.

    “Lynas acknowledges the absolute right of the government to conduct a review, however, our expectation is that any review of our operations should be fair, scientific and adhere to proper process, in keeping with other recent initiatives of the new government,” she said in a statement.
    Lacaze was responding to The Star’s article on Thursday, in which Fuziah stressed that the evaluation committee was set up in an executive capacity and was not an independent panel.
    In addressing the other assertions made about the company in The Star’s article, Lacaze said: “The safety of local communities, our people and the environment will always be our first priority.
    “We have earned the trust of our local communities through our six years of safe operation.
    “There is naturally-occurring low level radioactivity in the material we process and we carefully manage its use and storage to protect the health and well-being of our people and the local communities.”
 
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