Filling China's Rare Earths Void, Via Malaysia
Lynas Corp , Nicholas Curtis
21-Dec-10 01:52
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Lynas Corp Executive Chairman Nicholas Curtis, discusses what rare earths are and why they are important today, how big a player Lynas is on the global stage and which kinds of rare earth elements they mine.
He also discusses whether interest in rare earth producers is akin to the dotcom frenzy and argues that rare earths are not the next bubble to burst.
He also discusses the industry, and how important it is that non-China production needs to step up. He also explores other issues like whether the world can do without rare earth elements, whether alternative materials to rare earth elements exist, the possibility of major discoveries outside of China, and where the biggest prospects are.
He also addresses questions on its Lynas Advanced Materials Plant (LAMP) in Kuantan in Pahang, what the committed investment is, how high-tech / high - value-add this plant is, whether gas supply and costs will be challenges, whether red tape and bureaucracy hindered progress, and whether Malaysia should be concerned over environment and safety issues.
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