The National Mineral Industry Transformation Plan 2020-2030 is expected to be launched in early January to strengthen the development of the country’s mineral industry which is currently valued at an estimated RM4.11 trillion.
“We are taking a step forward to see more seriously how to develop the mineral industry which is valued at RM4.11 trillion based on studies under the 11th Malaysia Plan. “We want to develop the mineral industry. We will not only focus on the upstream sector of the mineral industry where we become raw mineral suppliers to other countries continuously.
“This mineral is very valuable and it is important in the Industrial Revolution 4.0 and sought after by various countries including China, Japan and the United States to be used in telecommunication technology including the defense industry.