Macro Finance
US-Owned Startup Plans $600 Million Malaysia Rare-Earth Refinery
Bloomberg Markets·October 30, 2026·1 min read
A US majority-owned startup plans to invest $600 million in a rare-earth refinery in Malaysia, aiming to create a new source of critical minerals as Washington seeks to reduce reliance on China. The project would process rare earths for use in electronics and defense, marking a strategic step in diversifying supply chains.
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