Macro Finance
Malaysia King Buys Stake in Miner Expanding Into Rare Earths
Bloomberg Markets·October 13, 2026·1 min read
Malaysia's billionaire king bought a stake in local miner Southern Alliance Mining Ltd., which is expanding into rare earths, including through a project in his home state of Johor. The investment signals royal backing for the company's diversification into critical minerals, a sector Malaysia is prioritizing for strategic and economic growth.
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