Vietnam rare earths arrests include key figure in bid to build industry

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Explore stories from Atlantic Canada.

Masstown farmer launches pumpkins over a kilometre for charity | SaltWireHANOI -Police in Vietnam 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 tons of rare earths ores.

VTRE has partnered with Australian mining companies Australian Strategic Materials and Blackstone Minerals LTD, which were not involved in the investigation. A Blackstone executive had told Reuters its investment in the project would amount to about $100 million should it win the tender, which it expected to be launched later this year.

Calls to Tuan went unanswered on Friday. VTRE's office in Hanoi has been shut for days, one person at the building said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Analysis-WhatsApp clampdown highlights video call compliance threat for finance firmsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »