China group interested in rare earth cooperation in Vietnam

China group interested in rare earth cooperation in Vietnam

State-owned China Rare Earth Group Co. (CREG), one of the world's largest rare-earths companies, has again expressed a desire to partner with Vietnamese companies to develop the industry in the Southeast Asian country.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam rare earth production halved to 600 tons: US Geological Survey

Vietnam rare earth production halved to 600 tons: US Geological Survey

Vietnam’s 2023 rare earth production, estimated at 600 tons, was down 50% from 2022, according to the U.S. Geological Survey’s Mineral Commodity Summaries 2024 report.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese, Korean firms strike annual rare earth oxide supply deal

Vietnamese, Korean firms strike annual rare earth oxide supply deal

Vietnamese mineral firm Hung Thinh Titanium JSC will supply 500 tons of rare earth oxides every year from 2025 onwards to South Korean cable firm LS Eco Energy.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

South Korea, U.S. join hands for Vietnam rare earth research

South Korea, U.S. join hands for Vietnam rare earth research

South Korea’s Ministry of Foreign Affairs and the U.S. Department of State have launched a joint scientific research project in Vietnam for extracting rare earth elements.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Owner of largest rare earth mine in Vietnam posts zero profit in 2022

Owner of largest rare earth mine in Vietnam posts zero profit in 2022

Lai Chau-Vimico Rare Earth JSC (Lavreco) recorded revenue of only VND240 million ($9,800) with zero profit after tax in 2022, even though it owns the largest rare earth mine in Vietnam, Dong Pao, in the northwestern province of Lai Chau.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam rare earths - 'treasure' waiting to be tapped

Vietnam rare earths - 'treasure' waiting to be tapped

Vietnam owns huge reserves of rare earths, which need to be utilized immediately to promote the development of the country's economy, said Assoc. Prof. Dr. Le Ba Thuan, former director of the Institute for Technology of Radioactive and Rare Elements.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam new source for rare earths magnet companies

Vietnam new source for rare earths magnet companies

South Korea's Star Group Industrial (SGI) and China's Baotou INST Magnetic are set to open factories in Vietnam to explore rare earth deposits, according to Reuters.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese, Australian firms ink rare earth exploitation pact

Vietnamese, Australian firms ink rare earth exploitation pact

Vietnam Rare Earth JSC (VTRE) and two Australian firms - Australian Strategic Materials Ltd. (ASM) and Blackstone Minerals Ltd. - have signed an MoU on rare earth mining and production.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese firm to supply 100 tons of rare earth to Australia

Vietnamese firm to supply 100 tons of rare earth to Australia

The Australian Strategic Materials (ASM) and Vietnam Rare Earth Company (VTRE) have signed a deal for the latter to supply 100 tons of rare earth oxides this year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese firm to export rare earth to South Korea

Vietnamese firm to export rare earth to South Korea

Vietnam Rare Earth JSC (VTRE), a business based in the northern province of Ha Nam, signed a contract on Thursday to annually export 1,000-2,000 tons of rare earth to South Korea.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7