LYC 1.30% $7.61 lynas rare earths limited

is lynas capable of residue disposal?, page-16

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    Lynas Will Abide By All Rules And Regulations Imposed By Regulatory Bodies
    KUANTAN, Dec 10 (Bernama) -- Lynas reiterated that it will abide by the rules and regulations set by regulatory bodies in the country.

    In response to recent inaccurate media reports regarding the removal of residue generated by LAMP, it said Lynas will convert the WLP residue (containing very low level naturally occurring radio active material) into a commercially safe product called Synthetic Aggregate.

    It said, on Dec 7, Lynas had carried out a demonstration at the LAMP here to show the public and media members that the imported raw material was safe to the public.

    "Our Vice President and Managing Director, Datuk Mashal Ahmad did not at any point during the briefing and the demonstration say that the waste will remain in Malaysia," it said in a statement here Monday.

    It said Mashal had clearly stated that the Synthetic Aggregate will be exported to other countries in accordance with International and Local Standards and Regulations where it will be used as civil engineering material.

    -- BERNAMA

    http://www.bernama.com/bernama/v6/newsgeneral.php?id=715320

 
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