Friday, 1 July 2011

IAEA confirms Lynas rare Earth processing facility safe to World Standards

A wonderful day for Malaysia:

UPDATED @ 05:04:43 PM 30-06-2011
June 30, 2011
KUALA LUMPUR, June 30 — Australian rare earths miner Lynas Corp won today international approval for its RM700 million plant being built in Malaysia’s east coast after a UN review panel said it posed no radioactive risks to the thousands who live and work there.
But International Atomic Energy Agency-appointed (IAEA) panel recommended 11 improvements for Putrajaya to implement before awarding Lynas further licences, including the one the miner needs to start pre-operations.
The federal government has also pledged it will adopt all the suggestions. Read more here.

This is the full Report by the IAEA Panel:

Finally scientific facts and common sense prevailed over rumour mongering and opposition politics. Malaysia is soon to be a strategic player in global rare earth processing and supply. Hidup Malaysia. 

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