By Debra Chong
KUALA LUMPUR, May 21 — Lynas Corp has revealed it deposited money with Putrajaya as an indemnity for potentially dangerous residue that may result from processing its radioactive rare earths in its Pahang plant, which is now under review.
However, Lynas did not elaborate on the deposit. It also did not disclose the sum paid to the Atomic Energy Licensing Board (AELB) under the purview of the science, technology and innovation ministry in charge of approving and monitoring radioactive industries.
“Lynas has also agreed to place funds with the Malaysian government to ensure safe management of any remaining residues as required by the AELB,” the Australian miner told The Malaysian Insider in a statement.
But AELB’s director-general Datuk Raja Abdul Aziz Raja Adnan denied his agency had made the deposit a requirement.
“It’s got nothing to do with AELB. You got to check with Mida. Check with MITI,” he told The Malaysian Insider when contacted.