INTERNATIONAL
Malaysia a key player in critical minerals chain, says Advisor to French President
Advisor to French President on Strategic Minerals and Metals Benjamin Gallezot said Malaysia plays an important role in the global critical minerals value chain. Picture by Astro AWANI/Ikqwan Lee
KUALA LUMPUR: Malaysia plays an important role in the global critical minerals value chain, according to Advisor to French President on Strategic Minerals and Metals Benjamin Gallezot.
Gallezot said Malaysia stood out as a particularly important player, with significant potential not only in mining activities but also in downstream and value-added segments.
"Malaysia is a particularly important player, with significant potential not only in mining but also in downstream activities.
"It has a strong and successful industrial base across multiple sectors and abundant natural resources, including rare earths, which are highly significant," Gallezot said at a press conference on Wednesday.
He added that Malaysia's abundant natural resources, including rare earths, were highlighted as strategically significant given their growing use in clean energy, electronics and advanced manufacturing.
Malaysia is positioning itself to play a larger role in the global rare earths market as demand for these critical minerals rises amid growing geopolitical tensions.
Putrajaya is also aiming to reduce its dependence on Beijing while balancing environmental safeguards, regulatory requirements and the need for long-term investment.
It also have set a target to increase rare earths production to as much as 30,000 metric tons a year by 2030.
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Gallezot said Malaysia stood out as a particularly important player, with significant potential not only in mining activities but also in downstream and value-added segments.
"Malaysia is a particularly important player, with significant potential not only in mining but also in downstream activities.
"It has a strong and successful industrial base across multiple sectors and abundant natural resources, including rare earths, which are highly significant," Gallezot said at a press conference on Wednesday.
He added that Malaysia's abundant natural resources, including rare earths, were highlighted as strategically significant given their growing use in clean energy, electronics and advanced manufacturing.
Malaysia is positioning itself to play a larger role in the global rare earths market as demand for these critical minerals rises amid growing geopolitical tensions.
Putrajaya is also aiming to reduce its dependence on Beijing while balancing environmental safeguards, regulatory requirements and the need for long-term investment.
It also have set a target to increase rare earths production to as much as 30,000 metric tons a year by 2030.
Your gateway to global news, insights, and stories that matter.