Latest news with #MIGHT
The Sun
6 days ago
- Business
- The Sun
MIGHT and universities boost REE as Malaysia's flagship industry
KUALA LUMPUR: The Malaysian Industry-Government Group for High Technology (MIGHT) has joined forces with Universiti Malaysia Kelantan (UMK) and Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA) to propel Rare Earth Element (REE) development as a key industry for Malaysia. This collaboration aims to strengthen research, innovation, and commercialisation efforts while fostering technology sovereignty in the sector. MIGHT President and CEO Rushdi Abdul Rahim highlighted the importance of this partnership in shaping national priorities. 'The initiative also aims to shape national priorities on REE, including talent development and capability building, knowledge exchange, research expertise and technical resources to support mutual research, innovation, and capacity-building initiatives,' he said in a statement. The three-year Memorandum of Understanding (MoU) signed today focuses on enhancing academic curricula, training programmes, and research initiatives in REE and advanced materials. The goal is to drive innovations with strong intellectual property potential and future commercial viability. Malaysia holds significant REE resources, with an estimated 16.1 million metric tonnes of non-radioactive REEs (NR-REEs), valued at RM1 trillion. By 2030, downstream production is projected to generate RM13.59 billion in revenue, primarily from super magnets and electric motors manufacturing. However, UMPSA Vice-Chancellor Prof Dr Yatimah Alias raised concerns about sustainability and environmental impact. 'Since 2013, UMPSA's Centre for Sustainability of Mineral and Resource Recovery Technology (SMAaRRT) has been developing capabilities across the full REE value chain,' she noted. UMK Vice-Chancellor Prof Dr Arham Abdullah emphasised the need for sustainable extraction methods, particularly in Kelantan, which has abundant ion-adsorption clay deposits rich in REE. 'UMK's Centre of Excellence, GREAT, was created to spearhead research, innovation, and industry collaboration in strategic mineral resources,' he said. Globally, the REE market is projected to reach USD 8.14 billion by 2032, growing at a 10.2% annual rate. MIGHT stated that this growth is driving intensified R&D among nations with substantial REE resources and industrial capabilities. - Bernama
Barnama
6 days ago
- Business
- Barnama
MIGHT, Universities Collaborate To Advance REE As Malaysia's Next Flagship Industry
KUALA LUMPUR, July 16 (Bernama) -- The collaboration between the Malaysian Industry-Government Group for High Technology (MIGHT) and two Public Higher Education Institutions in research and development (R&D), innovation, and commercialisation of Rare Earth Element (REE) marks a major step towards leading REE as Malaysia's flagship industry. MIGHT President and Chief Executive Officer Rushdi Abdul Rahim said the collaboration with Universiti Malaysia Kelantan (UMK) and Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA) was also a major step for Malaysia to establish technology sovereignty in the area with an interconnected ecosystem. 'The initiative also aims to shape national priorities on REE, including talent development and capability building, knowledge exchange, research expertise and technical resources to support mutual research, innovation, and capacity-building initiatives,' he was quoted as saying in a statement issued by MIGHT. The tripartite Memorandum of Understanding (MoU) for strategic cooperation was signed today by Rushdi on behalf of MIGHT, while vice-chancellors Prof Dr Arham Abdullah and Prof Dr Yatimah Alias represented UMK and UMPSA, respectively. The three-year collaboration aims to boost national-level research initiatives and enhance academic curricula and training programmes in REE and advanced materials. These will focus on innovations with strong potential for intellectual property generation and future commercialisation. According to the statement, Malaysia possesses significant REE resources, estimated at 16.1 million metric tonnes of non-radioactive REEs (NR-REEs), valued at RM1 trillion, positioning the country among the leaders in the Southeast Asian region alongside Vietnam and Myanmar. It said by the year 2030, the expected downstream production of Malaysia's non-radioactive REEs is projected to generate RM13.59 billion in revenue, primarily from the manufacturing of super magnets and electric motors. In the same statement, Prof Yatimah noted that such projections raise concerns regarding sustainability, supply chain resilience, and environmental impact, thus calling for a more responsible path for REE industry development. 'Since 2013, UMPSA's Centre for Sustainability of Mineral and Resource Recovery Technology (SMAaRRT) has been developing capabilities across the full REE value chain, ranging from soil leaching, solvent extraction, impurity removal to pilot-scale technology validation.
The Sun
27-06-2025
- Business
- The Sun
MIGHT rolls out two innovation centres to drive local tech in rail and smart city sectors
KUALA LUMPUR: The Malaysian Industry-Government Group for High Technology (MIGHT), under the Ministry of Science, Technology and Innovation, has launched two innovation centres to drive local technology development in the rail and smart city sectors. The launch of the Industrial Technology Innovation Centre (Itic) and the Smart City Experience and Next Generation Innovation Centre (Scenic) was held in conjunction with MIGHT's 30th annual general meeting. MIGHT said the Itic programme was developed in collaboration with the Malaysia Rail Industry Corporation (Maric) and the Malaysia Smart Cities Alliance Association to support the deployment of home-grown solutions. 'The programme seeks to drive the deployment of home-grown technological solutions across the rail and smart city sectors, enhancing Malaysia's position in high-tech innovation,' it said. As part of the initiative, Maric partnered Tech Store Malaysia to develop a Smart Rail Monitoring System that leverages real-time data and predictive analytics to enhance maintenance and operational efficiency. 'Real-time monitoring of train location, speed, axle counting, and overload detection is an important feature supporting predictive and preventive maintenance to reduce downtime and improve safety,' MIGHT said. MIGHT said it has released the Malaysia Rail Industry Report, developed with input from stakeholders, to highlight emerging technologies such as additive manufacturing, remote monitoring, smart stations and green technologies. 'Featured technologies include additive manufacturing, rail flaw detection systems, energy-efficient and green technologies, advanced training tools, data-driven decision making, remote monitoring, smart maintenance, train automation, and smart station infrastructure.' it added. The Scenic facility, built using composite materials under the Industrialised Building System, is intended as a collaborative hub to showcase and demonstrate local smart city technologies. 'It also acts as a bridge between innovation and policy, facilitating the deployment of future technologies in alignment with national urban development goals,' MIGHT said. Furthermore, a Smart City Directory has also been introduced to catalogue technologies, products and services along the smart city value chain to support data-driven decision-making among municipalities and industry players. 'These initiatives reflect MIGHT's ongoing commitment to strengthening Malaysia's innovation landscape through nurturing local technological capabilities,' it said. MIGHT added that the efforts support the 10 by 10 Malaysian Science, Technology, Innovation and Economy (MySTIE) Framework and the National Science, Technology, and Innovation Policy 2021-2030. 'The Itic programme will continue to expand across multiple platforms to advance strategic technologies and socioeconomic drivers, ensuring Malaysia's position at the forefront of global innovation in transport and urban development,' it said. – Bernama
Barnama
25-06-2025
- Science
- Barnama
ASEAN Takes Bold Step Toward Regional Science Diplomacy Roadmap
By Mohd Iswandi Kasan Anuar JAKARTA, June 25 (Bernama) -- Southeast Asian policymakers and experts gathered in Jakarta last week for a high-level dialogue aimed at advancing science diplomacy and laying the groundwork for an ASEAN Science Diplomacy Roadmap. The event brought together thought leaders, government officials, and institutional partners from across the region, the Malaysian Industry-Government Group for High Technology (MIGHT) said in a statement. bootstrap slideshow The dialogue was jointly organised by MIGHT, Indonesia's National Research and Innovation Agency (BRIN), and the International Institute of Science Diplomacy and Sustainability (IISDS) at UCSI University, in partnership with Malaysia's Science, Technology and Innovation (MOSTI) Ministry and the ASEAN Secretariat. According to MIGHT, the Dialogue Partners Session sought to promote regional cooperation through science diplomacy, an emerging field that uses scientific collaboration as a tool for international engagement. In his keynote address, BRIN Chairman Dr Laksana Tri Handoko highlighted the importance of multilateral research alliances in tackling complex, transboundary challenges. MIGHT Joint Chairman (Government) Professor Emeritus Tan Sri Dr Zakri Abdul Hamid stressed the need to institutionalise science diplomacy in ASEAN to support sustainable development and equitable scientific progress. A panel discussion, moderated by Professor Mohamad Osman of IISDS, featured regional and international experts including Réka Tózsa (Asia-Europe Foundation), Dr Engin Koncagül (UNESCO Jakarta), Dr Arvin Diesmos (ASEAN Centre for Biodiversity), and Datuk Dr Mohd Nor Azman Hassan (MOSTI). Discussions focused on building trust, spurring innovation, and advancing shared scientific interests, with panellists also calling for the establishment of an ASEAN Centre of Excellence in Science Diplomacy.
New Straits Times
26-05-2025
- Business
- New Straits Times
Growing Malaysia's downstream space sector
KUALA LUMPUR: The Malaysia Industry-Government Group for High Technology (MIGHT) is intensifying efforts to foster public-private collaboration and spur innovation in high-tech sectors. President and chief executive officer Ts. Rushdi Abdul Rahim said aid MIGHT's enhanced role reflects a deeper focus on advancing national and regional synergy in key technology areas. MIGHT is spotlighting fast-growing industries such as advanced air mobility, aerospace, space technology, and shipbuilding and ship repair. Acting as a policy enabler, it provides technical advice to ministries and facilitates collaborations between local and international players. Key milestones include the formulation of the National Technology Policy, strategic aerospace frameworks, and flagship initiatives with partners from Türkiye, Indonesia, Qatar, and Japan. MIGHT and its partners recently unveiled four major reports, including the Space Industry Development Programme Initiative, which charts a course for growing Malaysia's downstream space sector. The agency also marked the launch of UzmaSAT-1, Malaysia's first Earth observation satellite by Uzma Berhad, and the AI-powered Uzma Digital Earth platform to support sectors like agriculture, disaster management, and national security. Rushdi said MIGHT continues to support local firms with certification assistance, global market access strategies, and workforce development through TVET and related programmes. However, he acknowledged ongoing hurdles, including coordination gaps, talent shortages, and the need to accelerate tech transfer and investor confidence. "I call on all stakeholders to make technology a central pillar of national development. Malaysia has tremendous potential in high technology," he said. MIGHT will remain a key force in driving, facilitating, and catalysing the national technology ecosystem, working to position Malaysia as an innovative, competitive, and future-ready player on the global stage, he said.
