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PM approves planning on mineral exploration, exploitation

Hanoi (VNA) - 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 tonnes of tin, 5,610 tonnes of wolfram and 819 tonnes of antimony by 2025.

The mining activities are projected to cost some 2.52 trillion VND (108.36 million USD) by 2035 with about 1.1 trillion VND (47.3 million USD) for tin, 1.22 trillion VND (52.46 million USD) for wolfram and 191 billion VND (8,213 million USD) 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The State has restructured small-sized enterprises that use outdated technologies as well as cause losses of natural resources and environmental pollution.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 finalise and supplement relevant policies and laws in an effort to facilitate tin, wolfram and antimony projects, in tandem with monitoring mining activities. -VNA

Vietnam+, Aug 5 2018