Malaysia invited Lynas to build their plant there offering a 12 year tax holiday. Can someone tell me what constituted the invitation, was it a verbal one which I can't imagine, or was it a written agreement or contract. If its a written contract would it not contain some guarantees for Lynas eg. that the right to produce would be guaranteed. I can't imagine that Lynas has gone ahead without such a guarantee, that would be very unbusiness like to say the least. If there is this guarantee then maybe this is the reason Lynas seem to be so relaxed and short on its PR, this being the case it would be nice to know.
So what are the grounds for compensation Lynas may have if this all turns to custard, can one of our legal posters offer us some comfort.
Sorry if this has been discussed previously, I missed it.
malaysias invitation to lynas
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