Lynas to build permanent disposal facility in Bukit Ketam


KUANTAN: Lynas Corporation has announced that it will build a permanent disposal facility (PDF) in the Bukit Ketam area here for its water leach purification (WLP) residue.

Company secretary Andrew Arnold said this was after the state government issued its consent for the site, which was situated near the border of Terengganu.

"Based on preliminary due diligence conducted by Lynas and its consultants, Lynas expects the site will be suitable as the location of the PDF.

"Lynas Malaysia has appointed Gading Senggara Sdn Bhd (GSSB) as the contractor to manage the entire PDF project, including design, construction, operation and institutional control during post-closure of the facility for a period to be decided by the regulatory authorities," he said in a statement on Thursday (Jan 30).

Arnold said GSSB is a member of the Gading Group of Companies and the group is a significant Malaysian business conglomerate whose business units include aerospace, defence, maritime, development and construction, energy and commodity and trading, and oil and gas.

"GSSB is also a government-appointed concessionaire, with the licence for industrial waste disposal for the east coast region of Peninsular Malaysia.

"The US dollar amount of the estimated total amount to be paid to GSSB for managing the entire PDF project is US$98mil (RM400.7mil)," said Arnold.

He added that Lynas had deposited a total of US$50mil (RM204.45mil) in cash and bank guarantees with the Atomic Energy Licensing Board (AELB) and would seek access to the money to partially pay the amounts.

On Aug 15 last year, the AELB announced that the Government had given a conditional six-month licence renewal to Lynas.

Among the conditions was for Lynas to identify a specific site to construct a PDF for its WLP residue and to obtain written permission from the state government for the use of that site.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3
   

Did you find this article insightful?

Yes
No

Next In Nation

Wanita MCA calls for Parliament to reconvene, elections only after Covid-19 pandemic under control
Seven motorcycles destroyed, six damaged in early morning fire
Govt tapping into more data to narrow down assistance, says Tengku Zafrul
MIFF FURNIVERSE online furniture exhibition on March 8-12
Drought forcing northern farmers to alternative crops
Two ex-DAP state reps from Perak join Bersatu
Duo in car-ramming incident charged with attempted murder
Man in jealous rage shoots wife dead in her sleep
SPAN: Dams are full but be prudent
Herbal tea is best for hot spell

Stories You'll Enjoy


Vouchers