LYC lynas rare earths limited

By the wonders of Google. Maybe someone could clean it up a bit,...

  1. 19,589 Posts.
    lightbulb Created with Sketch. 4977
    By the wonders of Google. Maybe someone could clean it up a bit, particularly the bit about a "trial" 2nd para?

    Atomic Energy Bureau will spend seven months of the approval application of rare earth plant material ? Carolina operation next year
    News Place 2011-12-01 12:01

    Lehner rare plant Stage II works are in full swing. (Figure: Guangming Daily)
    1 of 2
    (Kuantan, Pahang ? 30 News) Atomic Energy Licensing Board (AELB) Secretary Abdul Aziz said the council had received 4 weeks before the presentation of pre Carolina prenatal rare plant license application letter, but the council also be at least seven months to review and audit, in order to decide whether to approve the application. He also said that as long as the rare earth plant consistent with the Carolina safety requirements, the Government will put the pre-pre-license it to each other. In other words, if the government issued licenses, Reiner rare plants will be able to put about seven months after a "trial run" program.
    Rigorous test
    "Atomic Energy Licensing Board will take time to review the application, so we will not rush to issue licenses to the pre-pre-Rainer rare earth plant."
    He said Reiner had previously proposed the application of rare earth plant four or five times, but eventually these applications do not meet specifications because of the content being returned.
    "Once the application by the Atomic Energy Licensing Board, we will issue a two-year pre-pre-license to the plant so the plant can operate."
    However, he stressed, after the Atomic Energy Licensing Board or the plant will carry out stringent radiation safety testing and, if Carolina can not pass the test of rare earth plant, the Bureau will not issue licenses to operate the plant.
    "Reiner said rare earth plant, they will be discarded in the course of three kinds of waste, waste containing low levels of one of the radiation, but the radiation does not affect humans and the environment."
    He pointed out that the Atomic Energy Licensing Board of the radioactive waste will be rigorous testing, the test objects are also included in the work of Rainer rare earth factory workers and nearby residents.
    Character specification was issued license
    Rebecca disclosure of Trade and Industry Secretary, Reiner rare earth plant in June this year had sent a letter to give to the Department, means the plant will be operational by January next year, but it is impossible to achieve something, because the government will Atomic Energy Licensing Board was made in the test report shows the plant after safety compliance, and only then license it to the plant.
    "If the plant test results do not meet safety specifications, the plant will not be put into operation."
    Trade and Industry on Wednesday morning, and science is science, Technology and Innovation, Ministry of Health and the Ministry of Natural Resources and Environment, and representatives of Carolina briefing rare earth plant, in order to understand plant equipment and construction.
    She pointed out that Wednesday will visit and learn more about Carolina's rare plants, including their equipment, plant safety and operation.
    "Trade and Industry is also to continue the monitoring of rare earth plant in Carolina all specifications, should the plant not been issued by the Atomic Energy Licensing Board to ensure safety inspection test, then the plant will not receive an operating license."
    11 safety conditions set
    Rebecca stressed the Secretary-General of Trade and Industry, Trade and Industry does not intend to hold events for Carolina rare plants dialogue with the people.
    "Trade and Industry held a meeting with the unit, will ensure that the plant must comply with Carolina before the earth set of 11 conditions, and the construction of the plant must also comply with safety standards, otherwise the plant will not be able to obtain an operating license. "
    In addition, she disclosed, Trade and Industry will be held December 6 through the National Secretary-General to report in the International Press Club, then, the Secretary-General will also report on the latest developments in NC rare plants.
    "Trade and Industry has organized this briefing before the Committee and invited to save Malaysia Kuantan Parliament Fuzhi Ya attend the meeting but unfortunately, both of whom did not attend the briefing."
    Unfortunately, the Commission can not be postponed to save briefing
    Rescue Committee Chairman Chen Wende said Malaysia, Trade and Industry had earlier invited the Commission on Wednesday to attend the briefing held after the Committee of Trade and Industry requested an extension of already written to the briefing at least a week, because Australia Lehner head office is in the shareholders' meeting Wednesday.
    "If we attend the briefing on Wednesday, is likely to be caring people distort our intent, and even seized on the issue refers to the Committee supported the rare Carolina plant into operation."
    Trade and Industry accused of lack of sincerity
    He revealed a few weeks ago they sent a letter to inform the DTI's public relations department to request a briefing organized by the Department after the date of extension, it refers to the briefing that the Ministry can not be rescheduled.
    "We are on November 1, received a letter from the DTI, the other invites us on November 30 to listen Carolina briefing and inspection of rare earth plant the plant, we discuss in the meeting after that on November 7 write back and ask for the date of the briefing will be held until December 7, because we want to set up a task force to bring experts to the rare Carolina plant to understand the construction of the plant and plant safety. "
    He said, unfortunately, Trade and Industry as late as November 24 letter, it means they can not be held briefing extension date.
    In addition, he also held for the Trade and Industry do not want to dialogue with the public issue, accusing the Ministry of the lack of good faith, and refused to listen to the voices of local residents.
    "Trade and Industry only uphold the attitude of those in power to carry out the work, completely ignoring public opinion."
    Fu Zhiya: fear twisted off
    Justice Party lawmakers Fuzhi Ya Kuantan, said she was eager to dialogue with representatives of Trade and Industry, but she did not want to visit the rare Carolina plant. She also said she was not with the rare earth factory of Trade and Industry met in Carolina, as a rare earth plant is not suitable locations.
    "If we meet in the rare earth factory, I fear we will be meeting with the action twisted off and I think Rebecca met with Secretary-General of Trade and Industry and others, I just want to know how to deal with their Carolina radioactive waste, as well as application and pre-operating license-related issues., we have been talking about the issues by letter, but I hope we can meet in the cover Cherating, but Rebecca could not arrange a meeting time and place. "
    "In fact, Australia is the Carolina Corporation shareholders' meeting on Wednesday, if I visit the rare earth plant on Wednesday, the matter will certainly be distorted."
    In addition, she said, she had earlier sent invitation letters to the DTI in the public dialogue will be held in Kuantan, in order to be issued against the public has a view of rare plant program platform.
    "However, Rebecca has stated that they visited on Wednesday an urgent journey of rare earth plant, and must return to Kuala Lumpur in the afternoon, so she could not make the arrangements. I had accepted her explanation, I said, I will once again invited the authorities to Kuantan held dialogues with the people. "(Guangming Daily)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.25
Change
0.110(1.35%)
Mkt cap ! $7.717B
Open High Low Value Volume
$8.10 $8.25 $8.06 $21.44M 2.618M

Buyers (Bids)

No. Vol. Price($)
2 362 $8.20
 

Sellers (Offers)

Price($) Vol. No.
$8.25 29299 1
View Market Depth
Last trade - 16.14pm 08/07/2025 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.