LYC 1.80% $6.00 lynas rare earths limited

Mister S, yes...way to expensive to process in Oz. Original...

  1. 171 Posts.
    Mister S, yes...way to expensive to process in Oz. Original country of processing preference was China however they introduced export quotas and tariffs/taxes on finished product export that made it cost paralyzing to build and operate there. Malaysia next choice because of (been said before):
    - proximity to end customers;
    - highly skilled and cheaper labour (many chemical factories in Malaysia and we are just a big chemical factory;
    - govt invitations and incentives;
    - local infrastructure
    - etc.
    Go figure...they invite us, wine and dine us and then politicise the issue until the merits and facts are unrecognisable.
 
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