Malaysia plans to be a key player in rare earth supply chain
Malaysia aims to position itself as a key player in the global critical mineral supply chain, which is currently dominated by China. The government is pushing for greater cooperation between state and federal authorities to tap into the vast rare earth deposits, estimated to be worth over US$200 billion. CNA's Melissa Goh has more on Malaysia’s plan to build an integrated rare earth ecosystem, from mining and processing to producing its own magnets.
Malaysia aims to position itself as a key player in the global critical mineral supply chain, which is currently dominated by China. The government is pushing for greater cooperation between state and federal authorities to tap into the vast rare earth deposits, estimated to be worth over US$200 billion. CNA's Melissa Goh has more on Malaysia’s plan to build an integrated rare earth ecosystem, from mining and processing to producing its own magnets.
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