MELBOURNE Feb 2 ? Lynas Corporation Ltd has welcomed the decision by Malaysia’s Atomic Energy Licensing Board (AELB) to grant a temporary operating licence (TOL) for the Lynas Advanced Materials Plant (LAMP) in Gebeng, Pahang. The rare earths miner said it had a responsibility to the Malaysian community to operate the plant in a safe [...]
Lagi Berita Berkaitan :
Lynas Will Install Special Equipments To Monitor Radiation
Lynas Chemical Plant Safe, Says Pahang MB
MCA Prepared To Mediate In Resolving Lynas Issue
IAEA Says Lynas Project Save
MELBOURNE Feb 2 ? Lynas Corporation Ltd has welcomed the decision by Malaysia’s Atomic Energy Licensing Board (AELB) to grant a temporary operating licence (TOL) for the Lynas Advanced Materials Plant (LAMP) in Gebeng, Pahang.
The rare earths miner said it had a responsibility to the Malaysian community to operate the plant in a safe manner.
The TOL is valid for two years, and if Lynas complies with regulatory requirements, a permanent licence may be issued.
The AELB has authority over the plant because radioactive materials are naturally present in rare earths.
The radiation risk has fuelled fears among local communities, environmental groups and Malaysia’s opposition party.
Lynas executive chairman Nicholas Curtis in welcoming the approval said in a statement that the company respected the government’s processes and the regulator’s decision.
Among the conditions imposed by AELB, is for Lynas, to pay US$50 million in installments to the Malaysian government as a financial guarantee and provide details of a permanent disposal facility.
The final stages of construction of the LAMP are underway, with first production expected in the second quarter of 2012.
Lagi Berita Berkaitan :
Lynas Will Install Special Equipments To Monitor Radiation
Lynas Chemical Plant Safe, Says Pahang MB
MCA Prepared To Mediate In Resolving Lynas Issue
IAEA Says Lynas Project Save
Source: UMNO Online | 
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02/02/2012 14:12 
UMNO Online 
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