Malaysia's Plan to Ban Rare Earth Exports

On 11 September 2023, Prime Minister YAB Dato Seri Anwar Bin Ibrahim presented the twelfth Malaysia plan proposal for 2021-2025. 

As part of the speech, the Government shared its plan to implement a policy that enforces prohibition of raw earth materials exportation to safeguard Malaysia's rare earth value chain. In doing so, the Government also aim to encourage domestic processing and provide additional income for the country, and thus ensuring maximum profits for the country. 

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