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Who profits? The risks and rewards of Thailand’s rare-earth MOU
AI In-brief 11 Sept 05:03

Who profits? The risks and rewards of Thailand’s rare-earth MOU

  • Thailand's rare-earth MOU with the US ignites a national debate, pitting potential economic opportunities against severe environmental and public health risks from mining and processing operations.
  • Environmentalists and academics warn that Thailand's loose regulatory framework and existing mineral law could lead to the country becoming a 'green colony,' processing toxic rare-earth materials without fully realizing high-tech economic benefits.
  • Despite Thailand being a significant rare-earth producer, much of this involves processing imported ores, raising concerns about the nation's capacity and technology to safely manage the highly polluting extraction and refining processes.
  • Critics highlight Thailand's history of mining-related pollution and call for a national debate on the MOU, fearing it will exacerbate environmental degradation and compromise public health for the benefit of foreign interests.
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