LYC 1.54% $7.04 lynas rare earths limited

Spin Doctor, page-47

  1. 586 Posts.
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    In answer to Goofy's:

    “We don’t want a half-baked decision. The government need not worry about the foreign direct investment (FDI) from this one factory as there are many other investments opportunities.”


    If the Lynas plant were somehow forced to move, there would be such a lot of anti sentiment and bad press around the world that Malaysia would not be a consideration for setting up business.  A magnet factory was interested in Malaysia but chose Vietnam instead.  Wise decision.  Siemens chose Singapore over Malaysia even though production will be far more expensive.  Future businesses will pay a price for piece of mind.


 
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