Lynas teams up with Mara Corp to develop downstream sector

Lynas Managing Director Datuk Mashal Ahmad (second, left) exchanging documents with MARA Corporation Chairman Akhramsyah Muammar Ubaidah Sanusi (second, right) during the signing of the Memorandum of Understanding (MoU) between Lynas Malaysia Sdn Bhd and MARA Corporation today. Also present Lynas Corporation Chief Executive Officer Amanda Lacaze (left) and Australian High Commissioners To Malaysia Andrew Goledzinowski (right).

KUALA LUMPUR: As the largest producer of rare-earth materials outside China, Lynas Malaysia Sdn Bhd is presenting Malaysia with an opportunity to be at the industry’s leading edge by developing the downstream sector.

This follows the signing of a memorandum of understanding (MoU) between Lynas Malaysia and Mara Corp Sdn Bhd to collaborate on several key projects, including attracting downstream industries and downstream customers to Malaysia.