Concerns Rise Over Chinese Interest in Vietnamese Tungsten Mine

Reported about 4 hours ago

Western officials are increasingly alarmed that the Nui Phao tungsten mine in Vietnam may fall under Chinese control amid rising U.S.-China trade tensions. Owned by Masan High-Tech Materials, the complex is crucial for global tungsten supply, with China's recent export restrictions exacerbating worries. Chinese firms have reportedly sought to invest in the mine indirectly, raising concerns in Vietnam about sensitive foreign involvement. The situation is further complicated by the mine's permitting issues and strained U.S.-Vietnam relations.

Source: YAHOO

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