LYC 0.08% $6.40 lynas rare earths limited

insurance

  1. 191 Posts.
    A lot of arguments here were written about the safety of the Lynas Advanced Material Plant (LAMP) in Malaysia.

    Looking at the risks of such a plant

    - accidents
    - pollution
    - toxic emissions
    - damage to humans and land
    etc.

    raises the question, who insures these risks? Every company needs insurances for its operations. Until now I have not heard or read anything about that issue. Just about a fund that is suppose to cover health damages and clean up after operations.

    Who are the insurance companies that Lynas contracted?
    What exactly are they insuring?
    How high are the costs of this insurance?

    Can somebody help me?

    regards
    Julia
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.40
Change
-0.005(0.08%)
Mkt cap ! $5.986B
Open High Low Value Volume
$6.47 $6.48 $6.34 $15.75M 2.454M

Buyers (Bids)

No. Vol. Price($)
87 16670 $6.39
 

Sellers (Offers)

Price($) Vol. No.
$6.40 16479 51
View Market Depth
Last trade - 15.23pm 12/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.