Dr M: Don’t treat Lynas like a ‘pariah’
KUALA LUMPUR: Lynas Malaysia Sdn Bhd, the rare earth mining company, should not be treated like an outcast as it brings big investment and jobs, said Prime Minister Tun Dr Mahathir Mohamad.
“It’s a big investment, RM1.7 billion. It creates 700 jobs, high-quality, high-paying jobs. It is necessary for our investment.
“If you treat Lynas like a pariah, and ask them to leave this country, we will not get other people to come into this country to invest,” he told the press after launching the 2019 World Tourism Conference.
Also present was Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi.
Mahathir was asked about claims by critics of the rare earth miner that the company’s licence was renewed due to his close ties with the Japanese government.
In a short reply, he said, “It’s nothing to do with Japan.”
It was reported the government announced that the operating licence for Lynas which was to expire next month, was extended another six months, on condition of finding a permanent disposal site for the water leach purification (WLP) residue it produced.
The extension to 2030 to repay US$147 million (RM620 million) will help Lynas follow through on its 2025 expansion plans.
Yesterday, a rally was held to oppose an extension of the operating licence for the rare earth processing plant owned by Lynas.
Bernama
