IPOH: The state government has received almost RM16mil in royalty payments from the export of rare earth carbonate (REC) to China, says Mentri Besar Datuk Seri Saarani Mohamad.
IPOH: The state government has received almost RM16mil in royalty payments from the export of rare earth carbonate to China, says Mentri Besar Datuk Seri Saarani Mohamad .
"Following the success of this project, the state government intends to continue mining on the entire area that received the Environmental Impact Assessment approval, which is a total area of 2,160.6ha ," he said at the state assembly sitting here on Tuesday . Nga had questioned the proactive steps taken by the state government to ensure the operation of N-RREE did not affect the environment, but at the same time increased revenue for the state.
He said according to a study carried out by the Perak Minerals and Geoscience Department , it was estimated that the NREE deposit in Perak was 1,687,500 tonnes valued at RM46.5bil. Saarani said the evaluation for the opening of new areas for NREE mining in Perak depends on an independent body through the Audit Committee formed for the purpose of monitoring the implementation of the pilot NRREE project.
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