Malaysia bans raw mineral exports, courts US tech for processing plants
A new global playbook for resource-rich nations is being written...
Deep Dive
Malaysia is strategically courting US investment and technology to build a domestic critical minerals processing industry, while maintaining its ban on exporting raw materials. This move aims to capture higher value in the supply chain and avoid being a mere resource quarry. The country is carefully navigating the US-China rivalry, seeking economic partnership without explicitly taking sides in the geopolitical contest over strategic resources.
Why It Matters
This could reshape global supply chains, forcing tech giants to invest locally for access to vital minerals.