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China’s dialect was about to collide with a wall to strangle the world of heavy rare-earth elements. Vietnamese entrepreneur Lu Anah Tuan supported us for a technology that could break the chokehold of Beijing on important minerals behind everything from smartphone to missile-government system.
Tuan and his family fled to the US for the US to avoid the tightening grip of Beijing on Hanoi, where the Chinese Communist Party has a huge impact on domestic rule.
In July 2023, he signed a technology transfer agreement viewed by Fox News Digital, using his Vietnam -based company, Vietnam in Vietnam Rare Earth (VTRE) using it in a company registered in Nevada at VTRU Corporation in Vietnam Rare Earth (VTRE). VTRE also signed a series of Memoranda of Understanding (MOU) agreements with Western companies.
A source familiar with the rare earth industry told Fox News Digital, “He had a bad feeling of insecurity about being in Vietnam. He was firm to transfer his technique to America as soon as possible.”
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Lu Anh Tuan, Chairman of the Mining Company VTRE at his Hanoi office, with rare earth oxide samples at Hanoi, Vietnam, on 7 September 2023. (Reuters)
At that time, the world was completely dependent on Chinese companies to separate its heavy rare earth metals.
Gracelin Baskaran, director of the Critical Minerals Security Program at the Center for Strategic and International Studies, said, “China is actually working for a better part of more than 20 years on the creation of this dominance.”
And while companies such as US-based MP materials and Australia-based Lynas are in the process of developing their own separation technologies, China still controls 90% of rare Earth Earth’s separation and refinery capacity and more than half of mining production.
In October 2023, Tuan, then an American permanent resident and a green card holder came back to his Hanoi office, when the Vietnamese officials raided the building, seizing all laptops and records. According to Tuan’s American business partner, Richard Dunham, seventeen employees were arrested, and all, but one, Han Hung, Tuan’s sister -in -law and VTRE’s COO, have been released.
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In December, China banned rare earth extraction and separation, which the industry saw as another attempt to maintain its monopoly on the market.
“When China put these sanctions in these sanctions, it actually made countries like America and Australia realize that they really did not have the technical address to do so,” Baskaran said.
“The process is only very labor-intensive and very toxic,” said Josh Birenbam, a mineral expert at the Foundation for Defense of Democracy, said, China added the market through state subsidy and lac environmental concerns.
While there is a major rare earth in the US, mountain pass of MP materials, until this year, the company was exporting those rare earth to China for separation. Trade war and export controls inspired the US to stock its rare earth until the ability to separation was at home.
Tuan was accused of creating a value -added tax receipt while trading rare earth with the Thai Duong Group, which operates a mine in North Vietnamese Province Yen Bai.
Zenotime ore (Getty image)
The VTRE participated with Australian mining companies with Australian strategic materials and Blackstone Minerals Limited Tuan and Dunham, along with officials of the Nevada State and Energy, also met to discuss the plan to bring separation technology through VTRE through VTRE. Both were “enthusiastic” about the proposal, which, according to Dunham, was eventually inspired to sign the transfer agreement.
The arrest is also ready for auction of Dong Pao mine as Vietnam. According to Dunham, VTRE, supported by Western partners, was the only qualified bidder.
This year, Tuan blamed in exchange for a light sentence. He will spend 16 years in jail with a fine of $ 10 million, but his advocates say he was “strong.” Huang was sentenced to six years in prison.
“We believe that these allegations have to be manipulated, the allegations were established by the actors of the Vietnamese state who re -established themselves with China,” Dunham said. “He was tortured to receive a guilty petition.”
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Fox News Digital could not verify this claim independently. The State Department affected both the documents of arbitrary arrest, torture and inhuman treatment by the officials in custody, both political prisoners and others. Medical neglect and forced admission are often reported.
Advocates of Tuan say that the company he was buying ore, Thai Duong refused to provide invoices at a real rate, paying for VTRE ore. It only provided challans that claimed that it was selling ore at a low rate, reducing its taxable income.
According to Dunham, Thai Duong refused to issue challans reflecting VTRE, reflecting the actual selling price, allegedly not tuan to the obligations falling on the Thai Duong, to avoid environment, natural resources and corporate income taxes.
Tuan suffered an option: Accept the lower rate invoices and create discrepancies with your own money or allow your state-funded mineral projects, and in turn, to their business, according to your business, according to Danham, to collapse.
Although Tuan was convicted on criminal allegations, Dunham said that violation of accounting rules lacks evidence of criminal intentions.
“Even if he was guilty of an accounting issue, it is not something that they are trying to do, it is criminally responsible for this. Any place in Vietnam is never an issue with this type of punishment. It is completely unheard. Usually you will pay a fine and it is.”
“He is the only person outside China to have a fully integrated rare earth company from mining to metallurization; In other words, from digging it from the construction of magnets out of the ground.”
China dominates the global rare earth market. (Reuters)
Tuan was also convicted of trafficking of rare earth materials, but under the Customs document tax code 2846 shows the withdrawal of 63 shipments of the heavy rare earth oxide mixture, which matches rare earth compounds. According to Dunham, the court incorrectly claimed exports to exports under the tax code 2530 (raw ore).
The investigation by the Ministry of Public Safety, the Ministry of Vietnamese, concluded that Customs officials signed 63 export announcements for VTRE, which verify compliance with Tuan.
Since then, the crack of China has increased. Mineral experts have been ordered to surrender their passport to prevent any technology outside the country. Beijing has tightened control over rare Earth’s exports, inspiring major concerns from within the US defense industry. While China allowed them to flow again during trade talks with the Trump administration, they remained restricted for defense purposes.
According to Dunham, Vtre has developed a technique to produce heavy rare earth oxide from Xenotime, monazite and ion-renovation soil at a purity of 95% through a solvent extraction system. Technology was capable of processing diverse ore types and recycling NDFEB magnets.
According to Tuan advocates, requests for assistance from the US government are not fruitful.
Tuan is essentially cut off from his family and lawyers. He has seen family members about five times since his arrest about two years ago.
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“We are deeply concerned about his physical and mental welfare,” the source said. “She is mentally flexible. She believes that the truth will eventually come to light.”
Fox News has reached the White House, Foreign Department, Chinese Embassy and Vietnamese Embassy for digital comment.