China–Malaysia in Rare Earths Refinery Talks, With Tech Transfer

China and Malaysia are in early talks on a rare earths refinery talks, with Chinese tech transfer, amid supply and environmental hurdles.
The Lynas Malaysia Advanced Materials Plant. China and Malaysia are in early talks on a rare earths refinery talks, with Chinese tech transfer, amid supply and environmental hurdles. Image via Lynas

China and Malaysia are in early talks on a rare-earth processing project. The potential collaboration could involve Chinese state-linked firms partnering with Malaysia’s sovereign wealth fund Khazanah Nasional to build a refinery in Malaysia, according to people familiar with the discussions.

The talks include possible Chinese processing technology being shared in exchange for access to Malaysia’s undeveloped rare-earth deposits.

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