https://www.miningweekly.com
Construction|Storage|Water
Construction|Storage|Water
construction|storage|water

Lynas denies activist's claims

6th February 2020

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Rare earths miner Lynas on Thursday denied claims by an anti-Lynas activist group that it had misled shareholders over a permanent deposit facility (PDF) for the water leach purification (WLP) residue at Bykit Ketam, in Malaysia.

Activist group Save Malaysia, Stop Lynas, had issued a statement claiming that the state government had denied identifying Bukit Ketam as a location for the PDF, and urged Lynas shareholders to lodge a complaint with the ASX.

However, Lynas on Thursday said that the state government of Pahang had confirmed the issue of a letter to Lynas, agreeing with the proposal to locate the PDF site at Bukit Ketam, subject to approval by the federal government.

The consent letter was one of the key criteria set out by the Malaysian government in the renewal of Lynas’ operating licence, and marked the first step towards the PDF being established.

Lynas said that prior to construction of the storage facility, further work would be undertaken in accordance with international guidelines and regulatory requirements, while the company would also continue to engage with all relevant stakeholders, including the state and federal governments and regulatory authorities.

Furthermore, Lynas also denied that the Bukit Ketam site was in a water catchment area, with expert studies also showing that the PDF could be constructed to ensure that there was no pathway for material to reach the water supply.

Edited by Creamer Media Reporter

Comments

Projects

Image of lithium ore stockpile
Lithium conversion plant, Australia
Updated 1 hour 46 minutes ago By: Sheila Barradas
Aerial view of the Amapá mine
Amapá iron-ore project, Brazil
Updated 1 hour 46 minutes ago By: Sheila Barradas

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.113 0.15s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: