https://www.smartkarma.com/home/daily-briefs/australia/brief-australia-lynas-between-a-hard-place-and-just-rock-and-more/
On further reading I would like to comment on this sentence in the article:
"Arguably the radiation of this waste is low – and further backed up in this IAEA report (page 20) – but the reality is, if so low, why not process in Australia in the first place?"
There were many reasons:
In Malaysia water is plentiful although there were problems with supply last year.
Labour is cheaper in Malaysia and Lynas was able to pay employees at the LAMP a very good salary.
Electricity is cheaper in Malaysia.
Lynas' customer base is closer to Malaysia.
In my research of Lynas history I have never read anywhere that Australia has refused Lynas on the grounds of the radioactivity of materials.
Thank you again Goldrain for your contribution.
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Last
$6.88 |
Change
0.100(1.47%) |
Mkt cap ! $6.552B |
Open | High | Low | Value | Volume |
$6.81 | $6.93 | $6.74 | $19.63M | 2.851M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14245 | $6.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.89 | 157125 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 199853 | 2.100 |
10 | 344199 | 2.090 |
12 | 173545 | 2.080 |
8 | 132357 | 2.070 |
5 | 29042 | 2.060 |
Price($) | Vol. | No. |
---|---|---|
2.110 | 132652 | 8 |
2.120 | 195216 | 18 |
2.130 | 132928 | 9 |
2.140 | 133591 | 12 |
2.150 | 426925 | 28 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
LYC (ASX) Chart |