Malaysia approves first raw rare-earth export under new conditional rules

In response to a query, Malaysia's natural resources ministry confirmed that a solitary export request for raw rare earths, intended for research and development, has been approved by the mineral and geoscience department, without naming the applicant. The approval comes after the government introduced conditional export guidelines earlier this month, easing a 2024 moratorium on unprocessed rare-earth shipments. Under the new framework, exports may be permitted for R&D, processing or technology-transfer projects that meet regulatory requirements.

Malaysia already hosts Lynas Rare Earths Ltd, one of the few major non-Chinese producers, and local conglomerates such as Berjaya Corp Bhd are exploring similar ventures. French firm Carester SAS plans a separation plant in Perak together with Malaco Mining Group, while more than a dozen U.S. companies are also scouting opportunities. Officials emphasized that the focus is on the quality of investments and long-term value creation rather than the sheer number of licences granted.