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Dr M: We can't drive out Lynas because foreign investors are watching

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Publish date: Fri, 09 Aug 2019, 01:06 PM

FUKUOKA (Japan) (Aug 8): Malaysia cannot force Lynas Corp to leave Malaysia after having invited the Australian rare earth minerals mining company to invest in the country, just because some people do not want to accept the expert studies, said Tun Dr Mahathir Mohamad.

The Malaysian Prime Minister said Lynas had invested more than RM1 billion in its operations in Malaysia but the processing of the rare earth minerals is said to produce radioactive waste.

He said expert studies indicate that it is “a very low-level” radioactive waste and not hazardous to health and he believes there is a way to further reduce the low-level radioactivity.

“We invite them (to invest) and then we kick them out. Others will say the country made a promise but, when there is a problem we kick them out...we cannot do that,” he told Malaysian reporters when concluding his two-day visit to Fukuoka on Thursday.

Dr Mahathir said foreign investors were watching the Government’s action on Lynas.

"If we chase out the Lynas foreign investor, the others (foreign investors) will not come (to Malaysia). Because there are some (investors) whom we do not like...we ask them (investors) to leave. Who (investors) would  want to come, they must have certainty,” he said.

Dr Mahathir said if the radioactive waste was dangerous, the workers in Lynas Malaysia made up of about 600 local engineers will fall sick.

"The report was made by experts but there are quarters who do not accept the experts’ decision. This poses a problem if we ask the experts to make the study, but we reject it. What is the purpose of asking the experts to make the study,” he said.

In addition to losing the investment, 600 local workers would also lose their jobs if Lynas were to be closed, he said.

“The 600 workers there are our people, they are not afraid, they ask (the operations) to be continued,” he said.

 

https://www.theedgemarkets.com/article/dr-m-we-cant-drive-out-lynas-because-foreign-investors-are-watching

 

Discussions
1 person likes this. Showing 18 of 18 comments

Musang King

LIE #1 - TM SAID PH MADE HUGE PROMISES BEFORE GE14 BECOZ THEY DONT EXPECT TO WIN.

THEN COME LIE #2 - TM SAID TODAY, WE CANNOT DRIVE LYNAS OUT BECOZ THE PUBLIC SUPPORTED THEM NOT TO CLOSE LYNAS.

MORE AND MORE LIES EVERYDAY.....PH CONMEN ON THE MOVE.

ASK DAP WHY DAP KEEPS MUM OVER LYNAS - LIM GUAN ENG AND ALL HIS DAP BIG MOUTHS.

2019-08-09 15:00

Musang King

IS DAP PROFESSIONAL?
IS TUN MAHATHIR PROFESSIONAL?
WHY LYNAS IS OK NOW, NOT BEFORE?

2019-08-09 15:03

stockraider

Sometime msia need to look at the economics too mah...!!

Lynas radioactive is less than tin minning....the expert says..!!

If that is the case, what is the problem with Lynas leh ???

Certainly closing down is stupid loh....!!

Just improve on its operations loh.....!!

2019-08-09 15:15

stockraider

Post removed.Why?

2019-08-09 15:40

Musang King

IF STOCKRAIDER IS CORRECT, THEN THE DAP MPS ARE ALL SOOHAI..SHOUTING LIKE NOBODY BIZ CRYING MOTHER CRYING FATHER TO SHUT DOWN LYNAS DURING NAJIB'S TIME. SO HYPOCRATIC AND UNPROFESSIONAL OF THE DAP LEADERS. !!!!

2019-08-09 16:01

stockraider

Post removed.Why?

2019-08-09 16:11

stockraider

Post removed.Why?

2019-08-09 16:15

stockraider

RAIDER IS FIGHTING FOR NON BUMI MAH....!!

Posted by LynasToxin > Aug 9, 2019 4:17 PM | Report Abuse

Another idiot Malay turn out to admit that he is only standard 5 level; but he sound like not educated at all. someone else must be typing for him. lol....
Posted by i3lurker > Aug 9, 2019 4:13 PM | Report Abuse
his england only below standard 5 level only
maybe sharks just give him some phrases to type.




IF NO GOVT FUND INVOLVE WHY U KEPOH LEH ?
Posted by Apple Juice > Aug 9, 2019 4:16 PM | Report Abuse
But guys, Mahathir did fulfill one promise, to introduce 3rd national car which officially announce today! Wow, now we can sing Malaysia Bolehland all over again!

2019-08-09 16:20

stockraider

Post removed.Why?

2019-08-09 17:01

jackfruit

Wah....like that Musang durian it is safe to consume in future.

2019-08-09 17:32

stockraider

U talk like pasar malam fellow loh....!!

If u don believe expert who else u believe leh ??

Australia don take back its waste based on "Principle" mah...if after u shit Indah Water ask u take back your waste ....u take or not ??

Eventhough your shit is harmless and can use as fertiliser...U also won't take back your shit mah...!!

Based on "Principle" u don take back your own shit of course Australia also don take back the waste loh...!!

Posted by LynasToxin > Aug 9, 2019 5:28 PM | Report Abuse

Ya, psycho always disguise as expert talking nut, only idiots will listen. just simple common sense, if it is harmless, why Australia has to ship their material over here to do it and their Goman don't allow transport back.

Idiot raider, waiting for your Cancer to get you soon. I warn you it is very painful and there is no cure. What Doctor do is cut, poison and burn, until you left only a layer of skin in pain. It could last for 1 or 2 yrs.

2019-08-09 17:35

stockraider

Use your logic and do not let people with pasar mentality to fool & fear u, so easily loh...!!

Posted by stockraider > Aug 9, 2019 3:15 PM | Report Abuse X

Sometime msia need to look at the economics too mah...!!

Lynas radioactive is less than tin minning....the expert says..!!

If that is the case, what is the problem with Lynas leh ???

Certainly closing down is stupid loh....!!

Just improve on its operations loh.....!!

2019-08-09 17:48

stockraider

Australia already says they are not willing to accept the waste return based on principle not bcos of toxic mah....!!

Posted by stockraider > Aug 9, 2019 5:35 PM | Report Abuse X

U talk like pasar malam fellow loh....!!

If u don believe expert who else u believe leh ??

Australia don take back its waste based on "Principle" mah...if after u shit Indah Water ask u take back your waste ....u take or not ??

Eventhough your shit is harmless and can use as fertiliser...U also won't take back your shit mah...!!

Based on "Principle" u don take back your own shit of course Australia also don take back the waste loh...!!

2019-08-09 17:56

DickyMe2

Post removed.Why?

2019-08-09 18:02

stockraider

What nonsense leh ??

Very logical explaination step by step mah....!!

Australia already says they are not willing to accept the waste return based on principle not bcos of toxic mah....!!

Posted by stockraider > Aug 9, 2019 5:35 PM | Report Abuse X

U talk like pasar malam fellow loh....!!

If u don believe expert who else u believe leh ??

Australia don take back its waste based on "Principle" mah...if after u shit Indah Water ask u take back your waste ....u take or not ??

Eventhough your shit is harmless and can use as fertiliser...U also won't take back your shit mah...!!

Based on "Principle" u don take back your own shit of course Australia also don take back the waste loh...!!

Posted by LynasToxin > Aug 9, 2019 5:58 PM | Report Abuse

stockraider you are really stupid talking nonsense like a psycho idiot.

2019-08-09 18:02

stockraider

Post removed.Why?

2019-08-09 18:07

EatCoconutCanWin

bullshit statement

2019-08-09 18:09

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