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A national entity on REE must not be seen as an attempt to nationalise state-owned mineral resources — Hafiz Hassan

OCTOBER 13 — Rare Earth Elements (REEs) are a group of 17 metallic elements which are found beneath the Earth&rsqu...

A national entity on REE must not be seen as an attempt to nationalise state-owned mineral resources — Hafiz Hassan

In a recent debate, Johari Abdul Ghani, the then Acting Minister of Natural Resources and Environmental Sustainability, clarified that the Malaysian government has no plans to establish a centralised body to regulate the Rare Earth Elements (REE) industry. This is due to constitutional provisions that grant states authority over mining permits, leases, and licences under the State List in the Ninth Schedule of the Federal Constitution.

The proposed entity, named Reenas, aims to prevent non-radioactive raw materials worth over RM800 billion from being sold cheaply without value-added processing or lost through illegal mining activities. However, it is crucial to note that land matters, including REE, fall under state jurisdiction, and any move to centralise REE regulation would require in-depth study and close consultation with all state governments to safeguard their rights.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at malaymail.com →

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