Lynas Corporation Rare Earth Plant
Despite overwhelming negative public reaction, this plant is still being pushed and temporary license provided despite lack of public consultation and finalization of environmental issues such as disposal of waste. In addition the company has been provided with a 12 year tax break.
This issue needs more investigation. 12 year tax break, billion ringgit investment and lack of public consultation points to high possibility that those in power have a stake in pushing this project despite widespread public objection.
Analysis on projected cost of RM3.4 billion Malaysian tax payers will forgo from 12 year tax break.1
