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Iron Ore Owing to strong demand from China Malaysia s main iron-ore export destination and with higher prices output during the year increased by 17.8 per cent to 1 914 232 tonnes from 1 625 253 tonnes in 2015. They were produced from 41 mines located in Pahang Johore Perak Kelantan Kedah and Terengganu.
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The increase in investments from the public and private sectors resulted in the expansion of capital spending in the mining service and manufacturing sectors. The country s GDP as of 2011 was 453 billion. Overview of Resources. Malaysia s key natural resources include natural gas petroleum copper tin bauxite and iron ore.
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Tin mining is one of the earliest type of mining operated in Malaysia starting in the 1820s in Perak and in 1824 in Selangor. The development of mining industries in Malaysia attracted many Chinese immigrants who came to the state in 18th and 19th centuries to work and develop the mine fields.
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There are now 98 iron ore mines 15 gold mines 14 tin mines and seven coal mines in operation in the country. Despite the encouraging growth in the mining sector many feel that the disclosure over the grants of mining leases concessions exploration permits as well as the scale of existing mining companies operations profitability
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