Potential rare earth bonanza for Malaysia

The new oil: Projections from the International Energy Agency indicate that the rush for more clean energy applications and demand for electric vehicles and their batteries have driven up the demand for these critical minerals. — Unsplash

WITH climate change and decarbonisation at the forefront of the global agenda, rare earth elements have taken centre stage in the move to a more sustainable future.

This group of 17 elements are critical components in clean energy technologies and products central to decarbonisation.