PENANG, MALAYSIA, Oct 9 (Bernama) -- TANAKA MEP Refinery Sdn. Bhd., a joint venture between Japan-based TANAKA Precious Metal Technologies Co., Ltd. and Malaysia-based MEP Enviro Technology Sdn. Bhd., yesterday inaugurated its groundbreaking facility at Batu Kawan Industrial Park, Penang. The RM70 million investment will establish Malaysia's first 4N precious metal refining factory, producing high-purity precious metals at 99.99% purity and positioning the country as a regional leader in advanced refining capabilities.
Developed on approximately three acres of land with a built-up area of 45,000 square feet, the facility will focus initially on producing 4N high-purity gold and potassium gold cyanide (PGC) for the electronics and semiconductor industries. Commercial operations are expected to commence in the first quarter of 2029.