Thorium - Rare earth liability or asset‘

https://investingnews.com/daily/res...esting/thorium-rare-earth-liability-or-asset/

Perhaps there’s another option to tackle the thorium issue. Treat it as an asset. This article specifically mentions Lynas but is a bit dated (2011).

“Lynas Corporation (ASX:LYC) is building a processing plant in Malaysia that is coming under fire as concerns about the disposal of thorium and the effects on the local population mount. There is a possibility that this liability could become a resource of rare earth mining companies, as thorium can be used as fuel for nuclear power.”

“If thorium takes off as a nuclear fuel, rare earth mining companies would be smart to start stockpiling the it instead of looking for ways to safely dispose of the material.”

So it appears there are a number of ways of looking at this question of waste disposal. Condisoil is the easy option for Lynas at the moment, but this article highlights the fact that there may be other options in the future if approval is not given. This article also mentions that in the early days Lynas considered encasing the waste in concrete to be used in sea walls.