US EditionChina Expanding Rare Earths Dominance, in Talks with Malaysia for Refinery Project: Report
China aims to access Malaysia’s 16.1 million tonnes of rare earth deposits, challenging Australian rival Lynas with technology exchange in a planned refinery project.
- On Thursday, Reuters reported China and Malaysia are in early-stage talks to build a rare earths refinery, with Khazanah Nasional likely partnering a Chinese state-owned firm.
- Beijing would offer processing technology in exchange for access to Malaysia's 16.1 million metric tonnes of rare earth deposits amid export curbs this year, seeking to counter Lynas Rare Earths.
- Johari Abdul Ghani said China offered technical assistance but President Xi Jinping prefers limiting partnerships to state-linked companies, while Malaysian state and federal authorities face environmental and regulatory hurdles.
- Allowing Chinese technology abroad would mark a policy departure for China, the sovereign wealth fund told Bernama, `It is Khazanah's policy not to comment...`
- If built, the facility would process both light and heavy rare earth elements, diversifying global supply chains and boosting Malaysia's leverage in clean technology and electronics industries.
13 Articles
13 Articles
China and Malaysia discuss rare earths refinery
KUALA LUMPUR - China and Malaysia are in early talks for a project to process rare earths, with the sovereign wealth fund Khazanah Nasional likely to partner with a Chinese state-owned firm to build a refinery in the Southeast Asian country, people familiar with the matter said.
China expanding rare earths dominance, in talks with Malaysia for refinery project: Report
If the partnership goes ahead, it would be a notable break from China’s usual strategy, as the country has tightly controlled its rare earth processing technology to preserve its edge in the global market
China, Malaysia in talks for rare earths refinery project
KUALA LUMPUR/BEIJING: China and Malaysia are in early talks for a project to process rare earths, with sovereign wealth fund Khazanah Nasional likely to partner with a Chinese state-owned firm to build a refinery in the Southeast Asian nation, people familiar with the matter said.
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