Urgent.News

What's breaking now, across thousands of outlets.

World

Sarawak completes integrated rare earth elements roadmap to build ‘super magnet’ industry, says Awang Tengah

KUCHING, Oct 21 — The Sarawak government has completed an integrated framework for the development of the rare ear...

Sarawak completes integrated rare earth elements roadmap to build ‘super magnet’ industry, says Awang Tengah

The Sarawak government has finalized an integrated roadmap for the development of the rare earth elements (REE) industry, covering all aspects of the value chain from upstream to downstream activities. Deputy Premier Datuk Amar Awang Tengah Ali Hasan announced that the aim of the Sarawak REE Industry Development Roadmap is to establish a 'super magnet' industry, supporting the growth of Sarawak's semiconductor, aerospace, and satellite industries, as well as applications in electric vehicle manufacturing, defence technology, medicine, and other sectors.

An initial allocation of RM18 million under the 13th Malaysia Plan has been approved for studies on the potential presence of REE resources across approximately 3,134 square km. The federal government has been requested to provide a larger allocation to enable surveys on the presence of these mineral resources to be expanded throughout Sarawak.

Additionally, the Sarawak Minerals Management Authority (SMMA) has approved the Sarawak Mineral Industry Development Policy, comprising seven pillars and 43 key components, emphasizing green mining, the use of the latest technologies, human capital development, and the integrated development of the industry across all sectors.

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

Also reported by 1 other outlet

Read the original at malaymail.com →

More in World

More from Wednesday 21 October →