Vietnam jails 23 people over rare earths exploitation
- A Vietnamese court jailed 23 officials and business people for illegal rare earth exploitation and export.
- The US Geological Survey revised Vietnam's rare earth deposits estimate from 22 million tons to 3.5 million tons.
- Thai Duong Company unlawfully received a mining license for the Yen Phu mine from 2019 to 2023.
- Defendants earned nearly $30 million by selling rare earths and iron ore, primarily to China.
25 Articles
25 Articles


Vietnam jails 23 over illegal rare earths mining, $30m worth sold to China
HANOI, May 21 — A Vietnamese court today jailed 23 officials and business people over the illegal exploitation and export of rare earths. The trial comes after the US Geological Survey (USGS) this year significantly revised down its estimate of rare earth deposits in Vietnam, which it once considered the world’s second largest. The nine-day trial in Hanoi saw verdicts handed down to 27 defendants, including former Deputy Minister of Natural Reso…
Axel REE expands Caldas - Australian Resources & Investment
Image: Joaquin Corbalan P/shutterstock.comAxel REE has reported more promising rare earth element (REE) results from a shallow auger drilling program at the Caldas project in Brazil. The latest round of drilling comprised 20 auger holes targeting areas inside the Poços de Caldas alkaline complex (Caldera) and along its northern weathered zones. All holes intersected REE mineralisation, with assays averaging 3229 parts per million (ppm) total rar…
Coverage Details
Bias Distribution
- 55% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage