Mineral Mining Companies in Malaysia

Mining in Malaysia is an industry that is undergoing tremendous transformation with the country aiming to become a leading global miner. Malaysia is rich in minerals, with some of the world’s most important deposits of gold, bauxite, tin and lithium. The mining sector makes a significant contribution to the Malaysian economy, accounting for 2.4% of GDP in 2016.

The government is committed to ensuring that the mining industry is conducted in a sustainable and responsible manner, with due regard to environmental protection and the rights of local communities. The Ministry of Energy, Science, Technology, Environment and Climate Change is the primary government body overseeing the mining sector.

The Malaysian mining industry is currently facing a number of challenges, including the declining grades of reserves, the high cost of production and the need for more value-added products. In order to address these challenges, the government has embarked on a number of initiatives, including the development of a green mining policy and the establishment of a minerals development fund.

The minerals sector is a key driver of economic growth and development in Malaysia. The country is home to a number of world-class deposits of gold, bauxite, tin and lithium, and is also a major producer of a number of other minerals.