Nonsense. Lynas were invited to invest a billion in My and all their plans were approved ahead of building their massive plant. Requiring Lynas to close down half of this plant means that Malaysia's word is not to be trusted, that they have no respect for the evidence (including 2 independent IAEA reports) and that major investors in the country are liable to be treated like trash. it is worth keeping the rest of the plant working for the time being; little alternative in any case. But IMO NO more investment in that S***hole.
LYC Price at posting:
$8.16 Sentiment: Hold Disclosure: Held
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