Investment News


Approve the Planning for exploration, exploitation, processing and use of minerals

28/07/2023

               

 

 

Deputy Prime Minister Tran Hong Ha signed Decision 866/QD-TTg approving the Planning for exploration, exploitation, processing and use of minerals in the period 2021 - 2030, with a vision to 2050.

 Limit and eventually end the exploitation of small, scattered, and low-reserve mines.

Planning for exploration, exploitation, processing and use of minerals, except petroleum minerals, coal , peat, radioactive ores (uranium, thorium, ...) and minerals as building materials construction and small dispersed minerals according to the provisions of the law on minerals. The planning boundary is the mineral distribution and mineral processing area on the land area of the country.

Move towards ending the exploitation of small, scattered, and low-reserve mines

The overall goal of the Plan is that mineral resources are strictly managed, exploited, processed, and used economically and effectively, associated with the development needs of the economy, environmental protection, and adaptation. with climate change and towards the goal of achieving carbon neutrality. Promote investment and form a synchronous and effective mining and processing industry with advanced technology and modern equipment in line with world trends.

For minerals with large, strategic and important reserves (bauxite, titanium, rare earths, chromite, nickel, copper, gold), mining-licensed enterprises must have sufficient capacity and must invest in appropriate processing projects using advanced technology, modern equipment, and sustainable environmental protection.

Limit and eventually end the exploitation of small, scattered, low-reserve mines, and concentrate mineral resources from small-scale mines/mining sites into mine clusters large enough for synchronous investment from exploration, exploitation and processing applying advanced technology and modern equipment.

Encourage businesses to research and apply new technology to recycle red mud

The plan also sets targets for a number of minerals with large, strategic and important reserves in the period 2021 - 2030.

Specifically, with bauxite minerals, exploration and exploitation must be associated with deep processing (at least to alumina products); Selecting investors to implement exploration and exploitation projects must be capable of synchronously implementing projects from exploration to deep processing, using advanced technology, modern equipment, and environmental protection. In particular, it is necessary to pay attention to sustainable and effective red mud disposal and treatment plans. Encourage businesses to research and apply new technology to recycle red mud. New aluminum production projects using electrolysis technology must implement electricity prices according to the market mechanism, which encourages the use of renewable energy.

With titanium minerals, develop the mining and processing industry of titanium minerals with a reasonable roadmap and scale appropriate to each stage, gradually forming mine-recruitment technology complexes and processing industry clusters. Titanium minerals are synchronized with infrastructure. Coastal titanium projects have solutions to ensure balance of water resources for production and people's needs, agricultural development, and aquaculture. Focus on promoting cooperation in research, technology transfer, investment in exploiting and processing titanium in sync with deeply processed products (pigment, titanium dioxide, metallic titanium, high-grade zircon, monazite...) .

Develop the industry to exploit, process and use rare earth minerals in a synchronous and effective manner

Develop the industry to exploit, process and use rare earth minerals in a synchronous, effective and sustainable manner. For newly licensed enterprises to exploit rare earth minerals, they must be associated with a processing project with a minimum product of the total oxides, hydroxides, and rare earth salts with a TREO content of ≥ 95%, and production of up to 95% is encouraged. individual rare earth elements (REO), advanced technology, modern equipment, maximum recovery of useful minerals, ensuring the environment and radiation safety.

Mining nickel, copper, and gold ores must be accompanied by processing investment projects in a synchronous, effective, sustainable manner, with maximum recovery of accompanying minerals and environmental protection.

Chromite mining must have a mining and processing project to maximize recovery of minerals associated with nickel, cobalt, and bentonite.

Research and grant iron ore exploration and exploitation licenses to units with experience and capacity in processing and exploiting iron ore to process limolite, hematite, poor iron, laterite iron minerals in the Central Highlands, ore iron throughout the country creates quality iron ore products for use in blast furnaces of domestic iron and steel facilities.

Maximize internal resources and international cooperation in the field of scientific research, technology transfer for application of type II, type IV and poor apatite extraction, and selective drug production. Focus on promoting investment in exploiting, sorting, and processing type II and type IV apatite to effectively and economically use resources.

For other minerals such as copper, gold, lead, zinc...: Good management of resources, exploitation and processing must use advanced technology and equipment, ensure safety and environment, and collect revenue. Maximum recovery of mineral resources to meet domestic demand, licensing exploration and exploitation associated with deep processing addresses. To synchronize state management, mining projects and investment projects processing bauxite, titanium, rare earths, chromite, nickel, copper, gold, lead, zinc, and iron must be managed by agencies. State authorities on mineral exploitation and processing give their opinions before granting a license.

Mining projects are planned to provide raw materials for processing projects according to the balance of market demand

Regarding planning for the use of minerals, exploration planning projects are associated with mining planning projects. Mining projects are planned to provide raw materials for processing projects according to the balance of demand. market.

For metallic minerals: Raw minerals are extracted after mining, sorted to enrich and separate components (if polymetallic minerals) into fine ores that meet prescribed standards as required for each processing technology to Supplying processing projects/plants to produce metal products, alloys or intermediate products to supply domestic and export needs.

With bauxite minerals in the Central Highlands, exploit and select fine ores to supply alumina factories. Alumina and hydroxide products provide raw materials for the aluminum electrolysis plant, other domestic and export needs. Diaspo bauxite minerals in the Northern provinces are exploited and processed into fine ores to supply grinding stone factories... and the Ministry of Industry and Trade is responsible for considering the export according to the proposal of the Committee. People's Committee of the province or city where the mine is located on the basis of balancing domestic supply and demand.

For products processed from rare earth ores: Total rare earth (oxides, hydroxides, salts) with TREO content ≥ 95% and individual rare earth oxides (REO) provided for domestic demand and consideration for export .

For non-metallic minerals, raw minerals after mining, go through one or more stages such as classification, crushing, screening, washing, beneficiation... into classified and enriched products. standards as required for use either as raw materials for further processing or as raw materials and additives for other domestic and export industries.

For minerals, it is mineral water and natural hot water, exploited to produce bottled mineral water to serve domestic nursing, medical and tourism facilities and geothermal sources to produce electricity (if any). ) and other fields.

Mineral exploitation and processing mainly meet domestic demand. The export of some minerals/mineral products that have not been processed into metals or alloys after processing is carried out in accordance with legal guidelines and policies for each specific period and implementation of instructions from competent authorities.

According to Baochinhphu.vn