KUALA LUMPUR, Nov 5 (Bernama) -- The government has agreed to provide flexibility regarding the existing moratorium on the export of raw rare earth element (REE) materials through the Guidelines for the Conditional Export of Raw Rare Earth Elements in order to attract potential investors.
Govt Grants Flexibility In REE Export Moratorium To Attract Investors
Dewan Rakyat, MITI, REE, moratorium, investment, L
Key takeaways
The government allows REE export flexibility for R&D to attract investors and boost Malaysia's REE industry.
- Export flexibility is limited to R&D activities and requires collaboration on processing facilities.
- The policy aims to attract investments in midstream and downstream REE sectors.
- Malaysia seeks to become a key player in the global critical minerals supply chain.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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