REC shipments to China net Perak RM16m in royalty payments, state assembly told

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REC shipments to China net Perak RM16m in royalty payments, state assembly told
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IPOH, Sept 26 — Perak received RM16 million in royalty payments from China for the pilot project involving the production of rare earth carbonates (REC) from non-radioactive rare...

IPOH, Sept 26 — Perak received RM16 million in royalty payments from China for the pilot project involving the production of rare earth carbonates from non-radioactive rare earth elements , the Perak State Legislative Assembly was told today.

“This pilot project also proved that this rare earth is not radioactive and extracting it through the in-situ leaching is the best method and does not pollute the environment. The Kota Tampan assemblyman was responding to the oral questions asked by Kamunting assemblyman Mohamad Fakhrudin Abdul Aziz, Jelapang assemblyman Cheah Pou Hian and Kepayang assemblyman Nga Kor Ming on state government’s intention to open new areas for NR-REE projects in the state.

Saarani also pointed out that the study carried out by the Malaysian Department of Minerals and Geoscience in Perak showed that the estimated total of NR-REE deposits in the state is 1,687,500 tonnes with a value of RM46.5 billion.

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