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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 4 sources · 7 days · First seen · Last updated
Precious metal and rare-earth refinery developments in ماليز
Overview
Malaysia is seeing increased investment in metal refining and processing capabilities. TANAKA Precious Metal Technologies and MEP Enviro Technology Sdn. Bhd. announced a joint venture to establish TANAKA MEP REFINERY SDN. BHD. in Penang. Scheduled to begin operations in April 2029, the facility will focus on refining recovered materials to a purity of 99.99% to serve the semiconductor and electronic component sectors in the ASEAN region.
Separately, the US-majority owned startup DTEC Mineral and Metal Technology plans a $600 million investment to build rare-earth refineries in Malaysia. The company aims to establish two facilities with a combined annual capacity of 10,000 metric tonnes to support critical mineral supply chains outside of China. As part of this initiative, Malaysia has approved the export of up to 700 metric tonnes of rare-earth carbonate from Perak to the United States for research purposes.
Entities
China · Penang · Batu Kawan Industrial Park · United States · Milan Perlly
Timeline
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[BUSINESS] 2 sourcesDTEC Mineral plans $600 million rare-earth refinery in Malaysia
US-majority-owned DTEC Mineral plans a $600 million rare-earth refinery project in Malaysia to build a regional processing hub and reduce global reliance on China.
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[BUSINESS] 2 sourcesTANAKA and MEP to launch precious metal refinery in Malaysia
TANAKA Precious Metal Technologies and MEP Enviro Technology are forming a joint venture to build a precious metal refinery in Penang, Malaysia, scheduled to begin operations in April 2029.
Sources
azom.com · electronicsmedia.info · freemalaysiatoday.com · skillings.net