LYC 0.47% $6.37 lynas rare earths limited

Malaysia and China, page-55

  1. 19,584 Posts.
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    Link off that article suggests Chef Wani has some real issues to deal with:


    https://www.thestar.com.my/metro/metro-news/2018/08/23/repair-on-leaking-bund-another-measure-to-help-kuantan-folk-brace-the-dry-season/


    Seriously, all credit to her if she steps up and gets the job done, apparently 10 Depts have been squabbling for months as to who is responsible:


    "Deputy Minister in the Prime Minister’s Department Fuziah Salleh said a contractor would be appointed by next week and work could then begin to plug the seepage in the bund that was causing water from the river to flow out into the sea." 


    Note Lynas is a member, and no doubt contributor:


    "Although the state government announced a RM5mil allocation for the repair funded by the Gebeng Industrial Support Group, Fuziah said this was only enough to install sheet pile on one side of the bund."


    Given the blatant corruption of Najib's Govt it is probably a fair call to review LAMP license & operation, with reference to the two IAEA reports, prior Sept 19 POL renewal, NOT in social media but the science. Lynas certainly displayed a willingness to provide a summary of the material for they to verify:


    https://www.lynascorp.com/Shared%20Documents/Lynas%20Environmental%20Management%20Presentation%20August%202018.pdf


    https://www.lynascorp.com/Shared%20Documents/Action%20Plan%20for%20Residue%20Management%202018.pdf


    Apart from leaking bunds & Great Walls of China links off the reference in the Lynas material suggest Fuzzy, et al, have a mountain of real work in front of them:


    https://www.ncbi.nlm.nih.gov/pubmed/28412010


    "the utilisation of tin tailings as construction materials apart from unavoidable soil pollutions due to naturally occurring radioactive materials in construction materials, e.g. granitic aggregate, cement and red clay brick. This study was conducted to assess the urbanisation impacts on background gamma radiation in Kuala Lumpur. The study found that the mean value of measured dose rate was 251±6nGyh-1 (156-392nGyh-1) and 4 times higher than the world average value." 


    https://www.ncbi.nlm.nih.gov/pubmed/16702237


    "The highest reading, recorded while travelling near monazite and zircon mineral dumps, was 13 times the mean environmental radiation level of Malaysia. It is evident that radioactive material dumps on the roadsides can influence the radiation level on the road."

    Last edited by ausheds: 27/08/18
 
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