Lynas Malaysia's Interview with Elena Willis

What is Lynas doing in Malaysia? Dato' Haji Mash'al Ahmad, Managing Director of Lynas Malaysia Sdn Bhd, explains that Lynas chose to locate its' plant in Malaysia due to its' economic viability, even though it has met regulations and approvals in Australia. The smooth-running of the plant requires huge amounts of water which costs but which costs 6 ringgit per metric cube Australia, but 84 cents per metric cube in Malaysia. Electricity costs 96 cents per kilo per hour in Australia, but 23 cents per kilo per hour in Malaysia. Caustic soda costs RM 1500 million per metric tonne in Australia, but RM 500 million per metric tonne in Malaysia. Furthermore, the scarcity of technologically skilled people in Australia means that engineers need to be paid RM 14,000 per month in Australia, but RM 10,000 per month in Malaysia.