Nov 3, 2025
RM600 Million Super Magnet Plant to Boost Malaysia’s Rare Earth Industry
KUALA LUMPUR – Malaysia’s rare earth sector is set for expansion with the construction of a RM600 million (S$185.7 million) super magnet manufacturing facility in Pahang. The project, developed by Australia’s Lynas Rare Earths and South Korea’s JS Link, will produce 3,000 tonnes of neodymium magnets annually near Lynas’ advanced materials plant in Kuantan. Super Magnet Plant The investment…