US-Owned Startup Plans $600 Million Malaysia Rare-Earth Refinery

A US majority-owned startup announced plans to invest $600 million in a rare-earth refinery in Malaysia. The project aims to process rare-earth minerals, which are used in electronics, defense systems, and renewable energy equipment. The refinery would be located in Malaysia and is expected to begin operations within the next several years.

• Bloomberg — US-Owned Startup Plans $600 Million Malaysia Rare-Earth Refinery

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