Subscribe free to our newsletters via your
. Space Industry and Business News .




TRADE WARS
Australia's Lynas fires up Malaysian plant
by Staff Writers
Kuala Lumpur (AFP) Nov 30, 2012


Australian miner Lynas Corp said Friday it had begun processing rare earths at a controversial new plant in Malaysia after being delayed for more than a year due to public opposition over health fears.

Lynas earlier this month cleared a final hurdle when a court gave the go-ahead for the company to fire up the $800 million plant in the eastern state of Pahang despite residents' and activists' fears over radioactive waste.

"This is a significant milestone for Lynas," the Sydney-listed company's chairman Nicholas Curtis said in a statement on the plant's start-up.

He said the long-delayed start of operations would now "provide real data that will assure people that the LAMP (Lynas Advanced Materials Plant) is entirely safe for our local communities and the environment."

The refinery is set to become one of few sites outside China to process rare earths -- metals used in high-tech equipment ranging from missiles to mobile phones that have become increasingly important to the world economy.

Lynas and the Malaysian government have touted the facility as an important high-tech foreign investment project that will benefit the local economy and provide jobs.

But it has been dogged by criticism from environmentalists and residents, opposition that has galvanized a nascent "green" movement in Malaysia and seen anti-Lynas protests by thousands of people.

Legal moves to block the plant have repeatedly postponed its start-up.

Following Lynas's court victory, opponents this month staged a 13-day, 300-kilometre (186-mile) march from Kuantan to the capital Kuala Lumpur to rally opposition.

Media reports said the march had swelled to several thousand by the time it reached the capital.

Lynas, however, insists the plant is safe and that any radioactive waste would be low-level and not harmful.

A photo posted Friday on Lynas Malaysia's official Facebook page showed an electronic screen at the plant's entrance displaying information on air and water quality.

China currently supplies about 95 percent of the world's rare earths. Lynas hopes the Malaysian plant, which will process material from its Mount Weld mine in Western Australia, will help break Chinese dominance of the market.

Lynas has said that by early 2013 the plant will be able to supply 22,000 tons of rare earth concentrates per year.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Russia as WTO Member Must Resort to Sophisticated Methods
Moscow (Voice of Russia) Nov 30, 2012
November marks a symbolic date which is very important though - 100 days of Russia's membership in the World Trade Organization (WTO). "We should not underestimate this event. Russia's accession to the WTO will seriously influence the country itself, its trade partners, the World Trade Organization, and the multilateral trading system" WTO Director-General Pascal Lamy said. What might be ... read more


TRADE WARS
Schriever squadrons assure safe passage in space domain

Americans love (and hate) their mobile phones: survey

New York art museum to display video games

The music of the silks

TRADE WARS
General Dynamics Awarded Contract Under New U.S. Army Rapid-Acquisition Communications Program

Astrium to provide military X-band satcoms to six UK Royal Navy vessels

Lockheed Martin to Demonstrate Key Component of Tactical MilSat Communications System

The Skynet 5D secure telecom satellite is received in French Guiana for Arianespace's December Ariane 5 mission

TRADE WARS
S. Korea readies new bid to join global space club

Arianespace Lofts Pleiades 1B Using Soyuz Medium-lift launcher

Japan Schedules Radar Satellite Launch

Arianespace ready for next Soyuz and Ariane missions

TRADE WARS
GTX Gets Approval For Custom Two-Way GPS Tracking Devices On Planes

East Riding Of Yorkshire Council Selects Ctrack For Specialist Vehicle Tracking Solution

Researchers Use GPS Tracking to Monitor Crab Behavior

US Navy, Raytheon receive Pentagon engineering award for GPS-guided precision landing program

TRADE WARS
Sandy adds to global air traffic gloom: IATA

India to buy nearly 130 Su-30 fighter jets from Russia

French police fire tear gas anew on airport protest

Owls' ability to fly in acoustic stealth provides clues to mitigating conventional aircraft noise

TRADE WARS
Research discovery could revolutionise semiconductor manufacture

Engineers pave the way towards 3D printing of personal electronics

Antenna-on-a-chip rips the light fantastic

Fabrication on patterned silicon carbide produces bandgap to advance graphene electronics

TRADE WARS
NASA's TRMM Satellite Confirms 2010 Landslides

GOES-R Satellite Program Undergoes Successful Review

TerraSAR-X image of the month - the Santorini volcano expands

Satellites used to track global smog level

TRADE WARS
Poland set to become last EU state to ratify landmine pact

Pollution shuts schools, agencies in Tehran

Italy holds talks on polluted steel plant's future

Italian steel plant suspends operations in pollution row




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement