© Reuters. FILE PHOTO: Luu Anh Tuan, Chairman of mining company VTRE in his Hanoi office with samples of rare earth oxides in Hanoi, Vietnam September 7, 2023. REUTERS/Francesco Guarascio/File PhotoHANOI -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.
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.
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