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Malaysian King Buys Stake in Miner Expanding Into Rare Earths

Bloomberg Markets Tuesday 13 October 2026, 00:24 UTC By Danial Azhar 1 min read
Key Points

Malaysian King Buys Stake in Miner Expanding Into Rare Earths Malaysia’s King Sultan Ibrahim Iskandar bought a stake in local miner Southern Alliance Mining Ltd for S$6.1 million ($4.8 million), the company said in a statement. The acquisition comes as Singapore-listed Southern Alliance Mining, an iron ore miner, expands into Malaysia’s rare earths sector, including a project in Johor, the home state of the Malaysian king.

Malaysian King Buys Stake in Miner Expanding Into Rare Earths Malaysia’s King Sultan Ibrahim Iskandar bought a stake in local miner Southern Alliance Mining Ltd for S$6.1 million ($4.8 million), the company said in a statement. The acquisition comes as Singapore-listed Southern Alliance Mining, an iron ore miner, expands into Malaysia’s rare earths sector, including a project in Johor, the home state of the Malaysian king.
Malaysian King Buys Stake (ORG) Miner Expanding Into Rare Earths Malaysian King Buys Stake (ORG) Miner Expanding Into Rare Earths Malaysia’s (ORG) Southern Alliance Mining Ltd for S$6.1 million (ORG) Singapore (LOCATION) Southern Alliance Mining (ORG) Malaysia (LOCATION) Johor (LOCATION) Malaysian (ORG)
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