The Malaysia Sovereign Wealth Fund Targets Rare Earth Growth to Stabilize Ringgit

The Malaysia sovereign wealth fund, Khazanah, is leading a new “mine-to-magnet” strategy to capture the $175 billion rare earth market. Managing Director Amirul Feisal predicts the ringgit could strengthen below 4.00 per USD due to increased foreign investment. Malaysia currently processes nearly 14% of global rare earth compounds, aiming to reduce global dependency on China. … Continue reading The Malaysia Sovereign Wealth Fund Targets Rare Earth Growth to Stabilize Ringgit