— Rama Ramanathan
The Malaysian Insider
Mar 11, 2012
MARCH 11 — Previously I said that the root cause of the Lynas controversy is our ‘need’ for things that need rare earths. These things include cellphones, disk drives and television sets. I also said that China supplies over 95 per cent of the world demand for rare earths, and that the Lynas plant could supply up to 35 per cent of world demand.
I added that the attitude of the government of Malaysia toward its citizens is less like that of the government of Australia and more like that of the government of China. Much of what I said was sparked by the observation that Lynas has chosen to do something which seems rather strange to those who remember tin mining.
Malaysia was at one time teeming with tin mines. The tin was dug up, processed into high purity ingots and shipped worldwide. We didn’t ship ore. We shipped tin. Similarly, we don’t ship what we harvest from oil palms. Instead, we convert the fresh fruit and bunches into products which we sell worldwide. Malaysia is a world leader not only in growing oil palm, but also in processing oil palm and it’s effluents.
So, why is Australia — a mining nation — not processing the ore into the final product? Continue reading “Lynas: Why in Malaysia, not in Australia?”