AELB grants Lynas Corp conditional TOL

Posted on February 2, 2012. Filed under: Pollution |

-The Star-

PETALING JAYA: The Atomic Energy Licensing Board (AELB) has granted Australian company Lynas Corporation a temporary operating licence (TOL) for its controversial Pahang-based rare earth plant provided it fulfils five conditions.

The licence could be suspended or cancelled while future applications won’t be entertained if Lynas did not adhere to the conditions, said AELB executive secretary Raja Datuk Abdul Aziz Adnan, while adding that any residue produced by the plant must be handled by the management.

While Lynas Corp is under the TOL, it will be the company’s responsibility including, if necessary, returning the residue to the source.

The conditions imposed by AELB include requiring Lynas to submit all aspects of its Permanent Disposal Facility (PDF), including its plans and location.

He said its PDF plans and location must be approved within 10 months of the licence’s date of issue and Lynas must deposit US$50mil (RM152mil) with the Govern- ment.

“AELB also has the right to appoint independent consultants to evaluate Lynas Corp’s adherence to the set standards and rules,” he said, adding that the cost of doing so would be borne by the licence holder.

Abdul Aziz said the decision to award the conditional licence came after taking into account public opinion about the plant.

He said Lynas Corp’s documents had been made available for public perusal from Jan 3 to 26, adding that it had received 1,123 comments du­ring that period.

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