Second to China in refining, but country lacks magnet, other component production
The final stage of production for rare earth oxides praseodymium and neodymium at Australian miner Lynas’ Advanced Materials Plant in Gebeng, Malaysia. © Reuters
NORMAN GOH
December 12, 2025 15:14 JST
KUALA LUMPUR — Malaysia has a key role to play as the world’s second-largest exporter of refined rare earths after China, but needs to fill out its supply chain to reap the full economic benefits, according to a new report.