KUCHING, Oct 21 2026: The state government has finalised an integrated development roadmap for the Rare Earth Element (REE) industry, covering the entire value chain from upstream to downstream—with the goal of establishing a "super magnet" industry, said Deputy Premier Awang Tengah Ali Hasan in the State Legislative Assembly (SLA) today.
He said the initiative is intended to support the development of the semiconductor, aerospace, and satellite sectors in Sarawak, as well as to cater to the manufacturing of electric vehicles, defense technology, medical applications, and other fields.
"As an initial step toward developing this industry, the Sarawak government has approved an allocation of RM18 million under the 13th Malaysia Plan (RMK13) to conduct a study on the potential presence of REE resources across an area of approximately 3,134 square kilometers," he said in his winding up speech.
He said the federal government has been requested to provide a larger allocation to the Sarawak branch of the Department of Mineral and Geoscience Malaysia, enabling the assessment of these mineral resources to be expanded throughout the entire state of Sarawak.
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