Malaysia’s King Buys Stake in Miner Expanding Into Rare Earths

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  Malaysia’s King Sultan Ibrahim Iskandar bought a stake in local miner Southern Alliance Mining Ltd.

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  The company said the stake cost S$6.1 million, equivalent to $4.8 million.

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  The miner is expanding into rare earths.

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  Bloomberg reported the purchase on October 13, 2026.

Who

Malaysia’s King Sultan Ibrahim Iskandar.

What

He bought a stake in Southern Alliance Mining Ltd for S$6.1 million ($4.8 million).

When

The purchase date is not stated. Bloomberg published the report on October 13, 2026.

Where

Malaysia.

Why

Not stated.

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