LYC 0.57% $7.06 lynas rare earths limited

The Lynas plant in Kuantan is unravelling into a nightmare. The...

  1. 103 Posts.
    The Lynas plant in Kuantan is unravelling into a nightmare. The lanthamide concentrates (rare earths) from Australia that Lynas will import into Malaysia contain thorium AND uranium, which suggests the processing in Kuantan will produce massive amount of radioactive wastes.

    Further, there appears to be a serious disconnect in the entire review process of the Lynas plant. There seems to be two separate approval processes

    http://www.malaysiakini.com/letters/164870
 
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