IAEA: Lynas Corp’s LAMP Facility Poses Little Radiation Risk to Local Residents

Rare Earth Investing

AAP reported that the International Atomic Energy Agency (IAEA) has found that Lynas Corporation’s (ASX:LYC) rare earth processing facility in Malaysia poses little radiation risk to those living in the local area. The Lynas Advanced Materials Processing (LAMP) facility has been fairly controversial, with activists and protestors calling for operations to be shut down due to fears of radiation.

AAP reported that the International Atomic Energy Agency (IAEA) has found that Lynas Corporation’s (ASX:LYC) rare earth processing facility in Malaysia poses little radiation risk to those living in the local area. The Lynas Advanced Materials Processing (LAMP) facility has been fairly controversial, with activists and protestors calling for operations to be shut down due to fears of radiation.

As quoted in the publication:

The global nuclear energy body said on Saturday the Malaysian government has implemented all the safety recommendations on radiation safety at the Lynas Advanced Materials Processing (LAMP) facility in the state of Pahang.

“After the analysis of all documentation … it became evident that the radiological risks to members of the public and to the environment associated with the operation of Lynas … are intrinsically low,” the IAEA said in a statement.

Activists have been calling on the Malaysian government to shut down the plant for fear that the radiation the plant produces is hazardous to human health and to the environment.

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