Rare Earth:
The Endless Potential
Sustainable Mining Solutions
In situ leaching, is a mining technique used to extract minerals, including certain Rare Earth elements, by dissolving them in a liquid solution underground and then pumping the solution to the surface for further processing. Watch the video above to learn more.
What is Rare Earth
Rare Earth elements are a group of chemical elements found in the Earth’s crust. Although they are not truly rare, they are challenging to extract economically due to their low concentrations.
Fortunately, Malaysia has been blessed with a significant amount of non-radioactive rare earth deposits. The US Geological Survey (USGS) estimates that some 30,000 metric tonnes of rare earth ores can be found in Peninsular Malaysia (malaymail, 2023).
Electronics
Rare Earth elements are crucial for the manufacturing of electronic devices such as smartphones, laptops, and televisions.
Vehicles
Rare Earth elements are essential for the production of electric vehicle (EV) components.
Renewable Energy
They are integral components in wind turbines, helping to generate and transmit electricity efficiently. They are also used in the production of solar panels, enabling the conversion of sunlight into electricity.
Malaysia's Rare Earth Industry:
30,000+
Tonnes of Rare Earth can be found
RM809 Billion
Worth of Rare Earth
Sources:
Fortune Business Insights , 2021. Rare Earth Elements Market. [Online]
Available at: https://www.fortunebusinessinsights.com/rare-earth-elements-market-102943
[Accessed 23 June 2023].
Free Malaysia Today, 2023. RM809bil worth of rare earths found in Malaysia, Dewan Rakyat told. [Online]
Available at: https://www.freemalaysiatoday.com/category/nation/2023/06/15/rm809bil-worth-of-rare-earths-found-in-malaysia-dewan-rakyat-told/
[Accessed 23 June 2023].
malay mail, 2023. Malaysia needs to play rare earth card well — Collins Chong. [Online]
Available at: https://www.malaymail.com/news/what-you-think/2023/01/12/malaysia-needs-to-play-rare-earth-card-well-collins-chong/49918
New Straits Times, 2021. Rare earth could be music for Malaysians. [Online]
Available at: https://www.nst.com.my/opinion/columnists/2021/06/694807/rare-earth-could-be-music-malaysians
[Accessed 23 June 2023].
The Malaysian Reserve, 2022. Malaysia set to be rare earth elements powerhouse. [Online]
Available at: https://themalaysianreserve.com/2022/08/05/malaysia-set-to-be-rare-earth-elements-powerhouse/
[Accessed 5 August 2023].