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Well that is what worries me, I just lack confidence with Lynas, why are they so against processing in Australia?They set up in Malaysia, nothing but trouble with the process, so the nasty bit they bring back to Australia.Now we find they want to build a new value adding facility in the U.S, yet Australia just gets the low value, high toxic bit.I really find it hard to reconcile buying into an Australian company, that seems to only want to put manufacturing here as a last resort because no one else wants it.Sounds real third world to me, I think the federal Government needs to step up and demand the downstream processing is done here, the same as happened in the 1960's when iron ore was first discovered in W.ABeing China's whipping block, is no different to being the whipping block of the U.S.Just my opinion.
Well that is what worries me, I just lack confidence with Lynas, why are they so against processing in Australia?
They set up in Malaysia, nothing but trouble with the process, so the nasty bit they bring back to Australia.
Now we find they want to build a new value adding facility in the U.S, yet Australia just gets the low value, high toxic bit.
I really find it hard to reconcile buying into an Australian company, that seems to only want to put manufacturing here as a last resort because no one else wants it.
Sounds real third world to me, I think the federal Government needs to step up and demand the downstream processing is done here, the same as happened in the 1960's when iron ore was first discovered in W.A
Being China's whipping block, is no different to being the whipping block of the U.S.
Just my opinion.
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