Australia's Blackstone to continue to bid for Vietnam rare earth concessions

Blackstone Minerals

23/10/2023 01:52

Oct 23 (Reuters) - Blackstone Minerals  BSX.AX  on
Monday said it will continue to prepare for a potential auction
of rare earths concessions at the Dong Pao mine in Vietnam even
as the chairman of its partner Vietnam Rare Earth JSC (VTRE) was
last week arrested on charges of violating mining regulations.
    "The company confirms that it remains committed and will
continue to prepare for a potential auction of concessions in
Dong Pao, when the Vietnamese Government decides to proceed,"
the battery metals processing firm said.
    

 (Reporting by Sameer Manekar in Bengaluru; Editing by Christian
Schmollinger)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))