Rare earth prices have started to level off, and Vietnam, holding the world s second-largest reserves, faces setbacks in sector expansion due to the arrest of industry officials for alleged mining law violations.
:Blackstone Minerals on Monday said it will continue to prepare for an auction of rare earths concessions in Vietnam despite the arrest last week of the chairman of its partner Vietnam Rare Earth JSC (VTRE).Blackstone Minerals, along with Australian Strategic Materials (ASM), in July signed a non-binding agre
Blackstone Minerals has confirmed that it will continue to prepare for a potential auction of concessions in Dong Pao, which has the largest rare earths reserve in Vietnam, despite the recent arrest of the chairman of its partner Vietnam Rare Earth JSC (VTRE).
POLICE have arrested six people accused of violating mining regulations, including the chairman of a company at the heart of efforts to develop Vietnam’s rare earth industry, seizing 13,715 tonnes of rare earths ores.
HANOI - Police in Vietnam have arrested six people accused of violating mining regulations, including the chairman of a company at the forefront of a drive to create a rare earth industry that could challenge China's dominance of the sector. Vietnam's government is planning to auction new mining concessions for rare earths later this year, and officials from at least.