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Mining

Mining sector will explore oil and non-oil mineral resources such as silica sand, rare earth elements (REE) and kaolin clay for high value downstream activities
INVESTSARAWAK Mining2

Sustainable Forestry Vision: Balancing Conservation and Growth in Sarawak

Mining sector in Sarawak is currently driven by oil and gas upstream activities, which provide the feedstock for petrochemical industry especially in Bintulu. Moving forward, Sarawak will explore into other mineral resources such as silica sand, rare earth elements (REE) and kaolin clay for high value downstream activities. To support this development, the State will develop geological mapping to provide details such as location, reserve volume and grades of the minerals and design business models to facilitate investments in mining industry and downstream processing.

Key Outcomes

RM5 billion of additional direct annual GDP from mining by 2030

Development of local supporting industries along the value chain to cater to growth of MNCs

2,300 jobs creation (from incremental new production & new operators)

Key Outcomes

01

Maintain at least 60% Renewable Energy (RE) Capacity Mix by 2030

01

600,000 tons Annual Reduction to CO2 emissions via electrification of mobility fleet in Sarawak

01

Achieve 15% income from foreign markets outside of Sarawak through RE sector

STRATEGY

Strengthen the regulatory and policy framework of the mining sector and create an ecosystem of technical, business and financial expertise of State Mining Authority and agencies

Explore mining reserves and develop potential Public Private Partnership (PPP) opportunities to attract private sector investment

Strategy

Public-private collaboration towards expanding Renewable Energy generation and promoting export

600,000 tons Annual Reduction to CO2 emissions via electrification of mobility fleet in Sarawak

Catalytic Initiatives

01

Strengthening State Minerals Management Authority (SMMA) and reform of mining policy and regulatory framework

02

Develop geological mapping, design business models to drive mining and streamline mining activities/ intensify downstream activities

04

Develop signature museum and cultural products

05

Develop ecotourism attractions within Sarawak's rich natural environment

04​

Net Energy Metering (NEM)

05​

Promote Electric Vehicles (EV)

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