Macro Finance
Malaysian King Buys Stake in Miner Expanding Into Rare Earths
Bloomberg Markets·October 13, 2026·1 min read
Malaysia's King Sultan Ibrahim Iskandar bought a stake in local miner Southern Alliance Mining Ltd for S$6.1 million ($4.8 million), the company said in a statement. The investment gives the king a position in a miner that is expanding into rare earths, a sector of growing strategic importance.
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