To Carry On Business Of Mining Companies in Malaysia

The mining industry in Malaysia is one of the key sectors of the economy. It contributes to the country's GDP and provides employment opportunities for a significant number of people. In recent years, the government has been working to attract more foreign investment into the sector and to streamline the process for obtaining mining licenses.

There are a number of different types of mining companies in Malaysia, each with their own unique focus. Some of the most common include coal mining companies, iron ore mining companies, and gold mining companies.

The process of obtaining a mining license in Malaysia can be a lengthy and complicated one. The first step is to submit an application to the Ministry of Energy, Green Technology, and Water. Once the application is approved, the company must then obtain a license from the Malaysian Atomic Energy Licensing Board.

After the license has been obtained, the company can then begin to carry out its business activities. In most cases, this will involve the extraction of minerals from the ground. The company will also be required to pay royalties to the Malaysian government for the right to mine in the country.