LYC 1.32% $5.98 lynas rare earths limited

maybe the position is changing. after tesla deal in malaysia, page-3

  1. 660 Posts.
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    PM ignores existing laws & policies but pledged to fight corruption!

    what a guy! What a country!

    can't wait for Elon to visit & endorse the local work ethic & culture of corruption

    and Tesla is not going to use rare earth magnets anymore so hopefully Elon can support the local anti Lynas team!

    Malaysia was so eager to get Elon Musk to invest in the country, it waived its decades-old policies for Tesla
    Tesla is allowed to sell cars in Malaysia without needing to comply with local rules on Malay ownership.

    Not sure this is good for Lynas or ever will be?

    Or just another Chinese backed FU given Chinese made Tesla's will be imported to Malaysia?
 
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