Miners stir discontent as they continue selling ore on the cheap - News Summed Up

Miners stir discontent as they continue selling ore on the cheap


Miners stir discontent as they continue selling ore on the cheapVietNamNet Bridge - A report from the General Department of Customs (GDC) found that ore and minerals that Vietnam exports to China are much cheaper than exports to other markets. The exports to China amounted to 80 percent of total exports, 1.2 million tons. The prices of minerals sold to South Korea were 10 times higher than to China, at VND5.8 million per ton. “Why does Vietnam sell ores and minerals cheaply to China? “It is dangerous to sell raw resources, and it would be even more dangerous to sell raw resources as low prices,” Ba said.


Source: VietNamNet News May 25, 2018 02:15 UTC



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