🎥 Western Officials Alarmed Over sound effects free download
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🎥 Western Officials Alarmed Over Possible Chinese Control of Vietnamese Tungsten Mine Western officials are increasingly concerned that China could gain control over Vietnam’s Nui Phao tungsten mine and refinery, one of the world’s largest non-Chinese sources of the critical mineral. The complex, owned by Masan High-Tech Materials, produces nearly all of Vietnam’s 3,400 tons of tungsten output annually and operates a refinery with a capacity of 6,500 tons, both key to global supply chains. Amid escalating U.S.-China trade tensions, Beijing has already tightened export restrictions on tungsten, which is vital for defense and electronics, driving prices to record highs. China currently accounts for 83% of global production, while Vietnam is the second-largest supplier. The Nui Phao complex supplied 22% of U.S. tungsten imports last year. Sources say two Chinese firms have discreetly approached foreign bidders to act as proxies in acquiring a stake in the mine, raising fears of hidden Chinese influence. U.S. and Western diplomats have visited the site in recent months to signal support for keeping the asset out of Chinese control. However, Hanoi’s stance remains uncertain: while it has historically resisted Chinese involvement in strategic sectors, it has allowed large-scale Chinese investment in manufacturing and infrastructure. The potential sale comes as Masan struggles to profit from the mine, recently divesting its German tungsten business. With the mine’s license set to expire in 2028 and U.S.-Vietnam relations strained after new U.S. tariffs, the future of Nui Phao remains uncertain. A Chinese takeover, Western officials warn, could further tighten Beijing’s grip on global tungsten supply. #China #Germany #Vietnam #Tungsten #US #OceanNewsUK #UK #Ocean #breaking #latest #London More On: oceannewsuk.com 📺Satellite - Asiasat7: Frequency 3880 H, Symbol Rate: 29720🎥 Western Officials Alarmed Over Sound Effects Free Download. Sound Effects Downloader To Help You Download The Highest Quality 🎥 Western Officials Alarmed Over Sound Effects Free Download For TikTok Videos. You Just Search Sound Effects And Download.