If the partnership goes ahead, it would be a notable break from China’s usual strategy, as the country has tightly controlled its rare earth processing technology to preserve its edge in the global market
China and Malaysia are likely to collaborate on a project to process rare earth minerals. The project will be funded by Khazanah Nasional, in partnership with a Chinese state-owned firm, to build a refinery in Malaysia.
According to a report by Business Times, if the partnership goes ahead, it would be a notable break from China’s usual strategy, as the country has tightly controlled its rare earth processing technology to preserve its edge in the global market.
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