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Vietnam is Southeast Asia´s Rare Earth Elements powerhouse!

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josh avatar
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(@zexsypmp23)
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they should shut down the Adidas golf gloves division and make the workers dig it all that stuff up for Vinfast electronics....btw, Vietnam has more deposits along the southern coasts that are not listed. 

 

https://www.statista.com/statistics/277268/rare-earth-reserves-by-country/

https://investingnews.com/daily/resource-investing/critical-metals-investing/rare-earth-investing/rare-earth-reserves-country/

22,000 metric tons...wtf.  Vietnam is blessed with so much natural resources, if they stay poor in the next 50 years they should just hang themselves.

Like Brazil, Vietnam’s rare earth mineral reserves are large and stand at 22 million MT. The country reportedly hosts several rare earth materials deposits with concentrations against its northwestern border with China and along its eastern coastline. The majority of rare earths in the country can be found in primary ore deposits with a smaller amount located in coastal placer deposits.

Vietnam’s rare earths production was small in 2018 at 400 MT, but that’s double its 2017 extraction of 200 MT. Vietnam is interested building its clean energy capacity, and is said to be looking to produce more rare earths for that reason.

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