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madlymax

127 Posts.

09/03/19

10:42

Post #: 37706822
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Originally posted by inge281242: ↑

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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Originally posted by inge281242: ↑

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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LYC Price at posting: $1.64 Sentiment: Buy Disclosure: Held
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Last $6.78		Change 0.000(0.00%)		Mkt cap ! $6.552B

Open	High	Low	Value	Volume
0.0¢	$6.94	$6.76	$2.832M	402.8K

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No.	Vol.	Price($)
1	295	$7.28

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Price($)	Vol.	No.
$6.45	551	3

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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

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Today's chart & trading, page-1848

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History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

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