[1/2] Samples of rare earth minerals from left: Cerium oxide, Bastnaesite, Neodymium oxide and Lanthanum carbonate at Molycorp's Mountain Pass Rare Earth facility in Mountain Pass, California June 29, 2015.
Its rare earths production jumped to 4,300 tonnes last year from 400 tonnes in 2021, the USGS said.
Vietnam will develop three to four new mines after 2030, aiming to raise its raw rare earths output to 2.11 million tonnes by 2050, the document showed.
"The objective of the plan is for the country to develop a synchronised and sustainable industry of rare earths mining and processing," it said.
Rare earths are a group of elements that have applications in electronics manufacturing and batteries, making them important for the global transition towards cleaner sources of energy and in defence.
Persons:
David Becker, Lao Cai, Yen Bai, Tran Hong Ha, Khanh Vu, Kanupriya Kapoor
Organizations:
REUTERS, Reuters, United States Geological Survey, Deputy, REO, Thomson
Locations:
Pass , California, HANOI, Vietnam, China, Lai Chau, Lao