LYC 1.32% $6.90 lynas rare earths limited

malayasian chinese party against lyc

  1. 282 Posts.
    " THE MCA HAS SPOKEN TO A WIDE RANGE OF ENVIRONMENT GROUPS WHO HAVE ALSO SHARED THEIR CONCERNS WITH US.

    IT IS CLEAR THAT THE MAJORITY OF THE PEOPLE ARE AGAINST THE LYNAS PROJECT. IT IS NOT A QUESTION OF WHETHER IT IS SAFE OR NOT SAFE. IT IS SIMPLY A CASE OF THE MAJORITY OF MALAYSIANS ARE AGAINST LYNAS.

    AS A RESPONSIVE AND SENSITIVE GOVERNMENT, WHO RESPECT THE VIEWS OF THE PEOPLE, THE MCA URGES THE FEDERAL GOVERNMENT TO CANCEL THE PROJECT.

    WHILE THERE ARE CONFLICTING VIEWS AND STAND ON THE SAFETY LEVEL OF LYNAS, THE COMMON VIEW IS THAT THE LYNAS PROJECT IS NOT SOMETHING THAT CREATES HUGE NUMBER OF JOBS OR HIGH VALUED INVESTMENT-TECHNOLOGICAL KNOW-HOW."

    IN SHORT, PAHANG CAN DO WITHOUT THE LYNAS PLANT
    This link takes you to full article http://www.mca.org.my/en/statement-by-mca-president-datuk-seri-dr-chua-soi-lek-on-the-controversial-lynas-advanced-material-plant-in-gebeng-kuantan-pahang/

    LYC will have the first plant operating OUTSIDE of CHINA.Seems very odd that the MCA is against LAMP merely for the sake of being against it without any rational reasons.Conspiancy theory ??????????
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.