The Perak government will continue to explore every potential to ensure the state remains positioned as a rare earth hub in the country, with the rare earth industry so far contributing royalties amounting to RM30.88 million to the state.
“This company has succeeded in separating four groups of rare earth elements, which are important components in the relevant industry chain, further highlighting Perak’s potential in producing high-value mineral products,“ he said. “This historic success is an important milestone for Perak as it has successfully penetrated the technology of processing rare earth elements, which has long been dominated by China and Australia, thereby paving the way for Perak’s reputation to compete on a global level,“ he said.