Khazanah China Rare Earth Refinery Partnership

under negotiation

A strategic rare earth refinery partnership between Malaysia's sovereign wealth fund Khazanah Nasional and Chinese state-owned enterprises to develop rare earth processing capacity in Malaysia. The project aims to transfer advanced Chinese rare earth processing technology to Malaysia, reduce global supply chain concentration risks, and establish Malaysia as a critical minerals processing hub. The partnership involves shared capital investment, technology licensing, and operational management agreements, with a focus on proprietary technology access and market linkages.