Malaysia’s super magnet plant will boost attraction to rare earth sector: Anwar
Malaysian Prime Minister Anwar Ibrahim said the development of a 600 million ringgit (US$143 million) super magnet manufacturing facility in the state of Pahang would strengthen the nation’s rare earth sector, state media reported. In July, Australia’s Lynas Rare Earths and South Korea’s JS Link signed a deal to develop a 3,000-tonne (3,300-ton) neodymium magnet manufacturing facility near Lynas’ advanced materials plant in Malaysia’s Kuantan district. Anwar said Malaysia’s trade minister would...