Malaysia precious metal recycling plant to supply gold for chipmaking

Joint venture of Japan's Tanaka, Malaysian recycler MEP targets April 2029 start Tanaka MEP Refinery's recycling plant, announced this month, will recover scrap containing precious metals from the production of semiconductors and electronic components. (Tanaka Precious Metal) TOKYO -- Japan's Tanaka Precious Metal Group will establish a joint venture with a Malaysian company to build a recycling plant in Malaysia, targeting an April 2029 start of operations, with the aim of supplying gold and other precious metals to the semiconductor industry.