August 06, 2018 | 21:47 (GMT+7)
PM approves planning on mineral exploration, exploitation
Prime Minister Nguyen Xuan Phuc has approved a planning scheme on exploring, exploiting, processing and using tin, wolfram and antimony by 2025 with a vision towards 2035.
The scheme looks towards the sustainable and effective use of the natural resources.
Accordingly, Vietnam is expected to complete exploration projects and exploit 3,203 tons of tin, 5,610 tons of wolfram and 819 tons of antimony by 2025.
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The Nui Beo coal mine in Quang Ninh province |
The mining activities are projected to cost some VND 2.52 trillion (USD 108.36 million) by 2035 with about VND 1.1 trillion (USD 47.3 million) for tin, VND 1.22 trillion (USD 52.46 million) for wolfram and VND 191 billion (USD 8,213 million) for antimony.
The State has restructured small-sized enterprises that use outdated technologies as well as cause losses of natural resources and environmental pollution.
In the time ahead, the State will finalize and supplement relevant policies and laws in an effort to facilitate tin, wolfram and antimony projects, in tandem with monitoring mining activities.
Source: VNA