LYC 0.34% $5.93 lynas rare earths limited

kl international symposium on re - mon, may 7

  1. 1,562 Posts.
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    IMO, This is why the TOL will be issued this week:






    "Malaysia is stated to have some 0.03% of global world reserves of rare earth
    minerals. Lynas Corporation had built their Advance Material Plant at
    Kuantan, Pahang, for rare earth mineral processing using processed ore
    from Mount Weld, Australia. This project had resulted in protests from various
    sectors of the public with fears of environmental, safety and health issues
    being raised. It is believed that these fears
    arose from a lack of accurate
    scientific information available to
    the public on rare earths in general,
    the processes involved and the
    measures that can be taken to
    safe-guard the environment, safety
    and health of not just the workers in
    the plant but also the general
    populace around Gebeng.
    As part of a public engagement and public awareness initiative, the Academy
    of Sciences Malaysia (ASM) and the National Professors’ Council (NPC)’s
    Working Group on Rare Earths have arranged for a one-day International
    Symposium on Rare Earths in Kuala Lumpur.
    The Symposium will, among other topics, also address safety, health and
    environmental issues concerning rare earths including providing a platform for
    rare earth experts to give a global supply and demand perspective to rare
    earths and their many applications. Currently, the global demand for rare
    earths is expected to provide myriad business opportunities in Malaysia
    utilising rare earths for green technology industries."
 
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