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International Business Times
International Business Times
Business

Vietnam Jails 23 People Over Rare Earths Exploitation

Earth Vietnam USGS
Defendants stand during their trial for illegal exploitation and exports of rare earths at the People's Court in Hanoi on May 21, 2025 (Credit: AFP)

A Vietnamese court on Wednesday jailed 23 officials and business people over the illegal exploitation and export of rare earths.

The trial comes after the US Geological Survey (USGS) this year significantly revised down its estimate of rare earth deposits in Vietnam, which it once considered the world's second largest.

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