LYC 0.34% $5.93 lynas rare earths limited

mustapa: tol will be announced next week

  1. 50 Posts.
    http://www.sinchew.com.my/node/253326?tid=1

    Mustapa: Government will announce a decision next week clarified ? rare earth plant

    • 2012-07-07 09:23
    (Selangor ? Petaling Jaya, on the 6th) International Trade and Industry Minister Mustapa Costa method revealed that next week will announce a decision about the TOL of the Lynas rare earth plant.
    For the cabinet has been a decision on the report of the rare-earth problem Congress Select Committee (PSC), Mustapa do not want to talk, saying only that next week we shall discover.
    Lynas rare earth plant issue troubles for a long time, after the opposition rally held at the NGO, the government agreed to the establishment of the Congressional Special Committee of the rare-earth issues.
    UNSCOM took 3 months to hold hearings and prepare reports, offered to the Congress on June 19, the report up to 91, covering the 31 recommendations.
    Led by Higher Education Minister Datuk Seri Mohd Khalid, the Special Committee recommended the Government to issue a temporary operating license (TOL) to Linus company.
    Reports that Lynas rare earth plant is safe because it's just a production of rare earth chemical plants, rather than nuclear power plants, will not pose a threat to the safety of humans and the environment.
    The report also noted that Lynas rare earth plant plan in terms of the safety standards of safety, health, environment, license applications and issued, taken to have reached the international and Malaysian index.
    Cabinet of Ministers on June 22 to agree with Linus rare earth waste from Malaysia's position, because our country has no suitable locations for the period from the permanent waste storage tanks.
    Hot News: Rare Earth factory storm]
    (Sin Chew network)
 
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