WX FACTORS WIND SHEAR ENCOUNTER AND TSTMS IN THE AREA.

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ARRIVING SLC FROM OVER OGDEN; ON VECTORS FOR A VISUAL APCH; ILS/DME BACKUP RWY 16 SLC. SLC ARPT AND RWY 16 WERE VISIBLE FROM GREATER THAN 20 MI. RADAR INDICATED SIGNIFICANT WX E THROUGH S OF THE ARPT. LIGHTNING CLOUD TO CLOUD AND CLOUD TO GND WAS DISTANTLY VISIBLE. INCLUDED IN OUR APCH BRIEF WAS OUR ACKNOWLEDGEMENT OF THE DETERIORATING WX AND OUR PLAN TO ABANDON THE APCH TO THE W; IN THE DIRECTION OF THE PUBLISHED MISSED APCH; LOWEST TERRAIN; AND BEST WX; IF EITHER PLT FELT ANY CONCERN. AFTER BEING CLRED FOR THE APCH AND INTERCEPTING THE GS; THE PUBLISHED MISSED APCH ALT OF 9000 FT WAS PUT IN THE MODE CTL PANEL ALT WINDOW. THOUGH RWY 16 WAS STILL VISIBLE; OUR RADAR INDICATED THAT THE WX ABOVE AND TO THE E OF THE LOC WAS BEGINNING TO ENCROACH ON THE LOC COURSE. WE REQUESTED A DEV SLIGHTLY W TO PARALLEL THE LOC AROUND WX DURING OUR VISUAL APCH. APCH CTL SAID 'UNABLE' AND THAT 'SEVERAL ACFT HAD FLOWN THROUGH THAT AREA WITH NO COMPLAINTS.' WE CONTINUED ON THE LOC BUT TOOK THE OPPORTUNITY TO REBRIEF OUR MISSED APCH AND WIND SHEAR RECOVERY PLAN. DSNDING ON THE GS AT APPROX 6500 FT MSL (2000 FT AGL); FLAPS 15 DEGS; GEAR DOWN; APPROX 170 KTS; THE TSTM ACTIVITY AND ASSOCIATED LIGHTNING BECAME TOO GREAT A HAZARD TO CONTINUE A SAFE APCH. WE REQUESTED AN IMMEDIATE R TURN WBOUND AND CLB. SLC TWR SAID 'CONTINUE' AND RPTED THAT PREVIOUS ACFT HAD EXPERIENCED A LOSS OF 20-30 KTS OF AIRSPD INSIDE THE OM. WE AGAIN REQUESTED/TOLD SLC TWR WE WERE MAKING AN IMMEDIATE R TURN TO AVOID HAZARDOUS WX. THEY ASSIGNED US A HDG OF 260 DEGS. AS THE FO BEGAN APPLYING TOGA PWR; A RED DECREASING PERFORMANCE WIND SHEAR LIGHT ILLUMINATED AND AURAL WARNING SOUNDED. SINCE GND CONTACT WAS A FACTOR; WE FOLLOWED THE PLTS OPERATING MANUAL RECOVERY PROC. WE HEARD APPROX 5-7 'WIND SHEAR; WIND SHEAR' AURAL WARNINGS DURING THE RECOVERY. WE CONTINUED OUR TURN TO HDG 260 DEGS AND MADE A WIND SHEAR PIREP. CLBING THROUGH 8000 FT; ATC ASSIGNED US 8000 FT. BECAUSE OF OUR WIND SHEAR RECOVERY CLB RATE; WE EXCEEDED OUR ALT BY APPROX 400-500 FT BEFORE DSNDING BACK TO 8000 FT. WE HEARD NO TCASII ADVISORIES. HOLDING AS 'DEPICTED' WAS ASSIGNED AT STACO INTXN. NO DEPICTION IS ON THE ILS/DME RWY 16 CHART. WE USED THE DEPICTION FOR THE ILS RWY 34 MISSED APCH AND ADVISED ATC. AFTER A 10-15 MIN DELAY; RADAR VECTORS WERE PROVIDED FOR AN UNEVENTFUL VISUAL APCH TO RWY 16.