Recent research paper brings some reality to yet another ASM glossy:
“Despite the tremendous rare earth potential of the country, rare earth mining in Vietnam is almost small-scale, and processing technology is still outdated. The mining method is mainly manual. Consequently, large resource losses (up to 60%) and disadvantages are low capacities and incapability for completely separating REEs. Besides environmental problems, it would be no value added of REEs if Vietnam cannot process raw materials. Each year, Vietnam only mines a few tens of tons of bastnaesite ores from Dong Pao mine and a few thousand tons of monazite ores with a grade of 35-45% REO from the central coastal placer mines for limited sale by quota.”
“Until now, all rare earth ore processing technologies in Vietnam have remained mainly laboratory-scale and semi-industrial-scale research projects, with almost no significant applications in industrial production scale.”
Published Nov 2021
https://www.researchgate.net/public...w_of_Rare_Earth_Ores_Beneficiation_in_Vietnam
Certainly blows up any pretense at ESG let alone commercial viability.
Recent research paper brings some reality to yet another ASM...
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