Summary: Southern Alliance Mining (SAM), a Malaysian mining company, is expanding its operations beyond high-grade iron ore to include rare earth elements (REEs) and gold. To diversify and enhance sustainability, SAM is acquiring stakes in MCRE Resources and Paramount Synergy, both of which utilize in-situ leaching for REE extraction, a more environmentally friendly method. SAM is also implementing cost mapping to manage supply chain risks and exploring new areas for exploration to build its land bank.

Link: https://www.theedgesingapore.com/news/kopi-c-company-brew/southern-alliance-mining-mines-future-rare-earths-and-gold