Highlights

• Vietnamese entrepreneur Luu Anh Tuan secures American backing to transfer rare earth separation technology from VTRE to VTRU Corporation.
• China dominates 90% of global rare earth separation and refining capacity, with strategic implications for US and Western interests.
• Tuan's October 2023 arrest in Hanoi raises questions about potential Chinese political interference in rare earth technology transfers.

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Fox News’ latest rare earth report (opens in a new tab) centers on Vietnamese entrepreneur Luu Anh Tuan, who, after fleeing to the U.S. to escape Beijing’s influence in Hanoi, secured American backing in mid-2023 to transfer his Vietnam Rare Earth (VTRE) heavy rare earth separation technology to Nevada-based VTRU Corporation. VTRE also signed MOUs with several Western partners, positioning itself to compete for the Dong Pao mine in northern Vietnam — a move intersecting directly with U.S. and Australian strategic interests.

At the core, Fox’s market backdrop is solid: China controls around 90% of global rare earth separation and refining capacity and over half of mining output. MP Materials and Lynas are building separation capabilities, but China remains the dominant force, especially in heavy rare earths (HREEs) from xenotime and ion-adsorption clay. Fox’s depiction of solvent extraction as “labor-intensive and toxic” is technically accurate — reinforcing why environmental compliance is a make-or-break factor for non-Chinese operations.

Where the piece shifts from grounded fact to contested terrain is in its framing of Tuan’s October 2023 arrest in Hanoi, the report leans heavily on unnamed sources alleging Chinese political interference, coerced pleas, and torture — all plausible given Beijing’s economic leverage over Vietnam, but unverified and, by Fox’s own admission, impossible to independently confirm. The assertion that Tuan is “the only individual outside China with a fully integrated rare earth company” overstates reality; while vertically integrated HREE producers are rare, smaller integrated operations do exist beyond China.

What’s missing is context: Vietnamese legal processes, domestic political rivalries, and the competitive maneuvering around Dong Pao. The timing of Tuan’s arrest shortly after President Biden’s Vietnam visit is noted but not evidenced as causal. The article’s binary U.S.-vs.-China lens leaves out broader Vietnamese mining politics and local environmental opposition — factors that could be just as influential.

Potential Misinformation Watch

1. Customs misclassification as proof of innocence – Cited only from an ally’s perspective without public documentation.
2. Claim that the U.S. had “no technical know-how” pre-China ban – Misleading; know-how existed, but at a limited scale and high cost.

Investor Takeaway

The VTRE technology could have been a meaningful addition to Western HREE capacity. But Fox’s narrative blends verifiable market realities with allegations that fit a convenient geopolitical script. For Rare Earth Exchanges readers, the question isn’t whether Beijing uses leverage — that’s established — but whether this case signals a broader crackdown on cross-border HREE technology transfers from China’s sphere. If it does, expect more legal, political, and competitive barriers for Western-aligned projects in Vietnam and beyond.

For an update on Vietnam and the rare earth sector, see “_Vietnam’s Rare Earth Awakening: From Sleeping Giant to Global Contender.”_

Source: Phillips, Morgan. “China’s rare earth tech obsession ensnares US resident as CCP looks to maintain stranglehold.” Fox News Digital, Aug. 10, 2025.