Mineral Companies in Malaysia

Mineral companies in Malaysia are responsible for the exploration and development of the country's mineral resources. They are also involved in the production and marketing of minerals. Malaysia is a major producer of tin, iron ore, bauxite and gold. Other minerals that are mined in Malaysia include copper, manganese, lead and zinc.

The mineral industry of Malaysia is governed by the Ministry of Energy, Green Technology and Water. The main legislation governing the mining sector is the Mineral Development Act 1994. The Mineral Development Act provides for the exploration, development, utilization and conservation of minerals in Malaysia.

The mineral companies in Malaysia are required to obtain a mining licence from the Ministry of Energy in order to carry out their activities. They are also required to submit an annual report to the Ministry on their activities.

The Malaysian government is committed to the development of the country's mineral resources and is providing incentives to encourage companies to invest in the sector. The government is also working to improve the regulatory framework governing the sector.