Chinese mines a $700 million USD jackpot for Myanmar military

Report
Written By Clancy Moore

Publish What You Pay Australia’s new report How Chinese Mining Investment Funds the Myanmar Military unveils how the Chinese run Lapadaung, Sapetaung & Kyesintaung and Tagaung Taung mines resulted in an estimated USD $725 million flowing to the military regime for the 2020 – 2021 financial year.

Using leaked data from DDo Secrets, this report shows how Chinese state-owned mining companies in partnership with Myanmar Economic Holding Limited (MEHL) are bankrolling the military’s campaign of terror. The country’s three largest mines are all run by Chinese state-owned enterprises (SOEs), namely Wanbao Mining Ltd. and China Nonferrous Metal Mining with revenues flowing from these projects to the Myanmar generals.

Clancy Moore
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