https://www.miningweekly.com
Resources|Technology|Equipment
Resources|Technology|Equipment
resources|technology|equipment

Malaysia to allow exports of processed rare earths, ban raw material shipments

24th October 2023

By: Reuters

  

Font size: - +

KUALA LUMPUR - Malaysia will allow exports of only processed rare earths and prohibit shipments of rare earth raw material, its Science and Technology Minister Chang Lih Kang said on Tuesday.

Chang did not say when the new rules will come into effect.

In September, Malaysia said it will develop a policy to ban exports of rare earth raw materials to avoid exploitation and loss of resources.

Malaysia is home to just a fraction of the world's rare earth reserves, with an estimated 30 000 metric tons, data from the United States Geological Survey in 2019 showed. China is the biggest source with an estimated 44-million tons of reserves.

Malaysia's plans to limit exports comes as the world looks to diversify away from China, the world's largest producer of the critical minerals that are used widely in semiconductor chips, electric vehicles and military equipment.

Edited by Reuters

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
2nd May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.067 0.113s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: