harper should keep the china's from buying mining in canada. .More evidence of such unsavory practices emerged when Alastair Neill, a well known consultant in the Rare Earths mining industry with many years of experience in China as well, was asked by Baotou to discuss project finance prospects for a rare earth property in Kyrgyzstan, adding that it had lost the property in an unfair manner. Baotou also claimed to own 67% of Central Asia Metals while a legal contact in Kyrgyzstan owned 13% and held an additional 20% in trust on behalf Kyrgyz Government officials that are secretly hiding ownership of Kutessay through Baotou. In addition, they also revealed that one legal contact in particular was working behind the scenes to take back Stans’ license by the third quarter of 2013 and for the ‘fee’ of USD$1.5 million. Alistair Neill’s role would have been to find the financing to complete the deal.
Chinese actions against Stans hurt its own Interests – as well as those of other Investors and Kyrgyzstan
The series of meetings and links has ultimately explained why and how it has been possible for Stans to be the target of such a relentless campaign to shut it down by certain parliamentary officials. There are no environmental concerns, no social concerns and no labor rights concerns at heart; the campaign has been motivated by personal gain and through methods that in any Court would be called out for the corruption that it represents. If Stans has been targeted, apart from the obvious political risks, it can also produce significant evidence, if any were needed that its Kutessay II project has tremendous strategic value and metallurgy having is a highly desirable characteristic. Stans’ ordeal also strengthens the need for Western and other companies to secure reliable rare earths supplies to avoid dependence on China.
If any more proof were needed of selfishly motivated interference into Stans’ activities in Kyrgyzstan, its geological society fears that the country has fewer mineral resources than at first believed. It is evident, therefore, that its development requires foreign expertise and foreign capital. And given the importance of mining to the economy, foolish practices would eventually come back to bite corrupt or misguided officials, breeding suspicions with the population, which will grow ever more upset by its leaders. In Kyrgyzstan’s difficult economic and political situation, the pursuit of goals through corrupt and unfair means is not affordable. The actions of politicians, subjected to offers of illicit gain from abroad, may go out of control and generate an unpredictable situation. Chinese companies such as Baotou, moreover, are acting against Kyrgyz and Chinese interests alike, apart from illegally encroaching on Stans Energy’s efforts. China needs a stable Central Asia and the planned withdrawal of U.S. troops from Afghanistan, in 2014, could lead to instability in the region, jeopardizing the safety and growth of Chinese investment in this area and in the breakaway province of China’s Xinjiang region.