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Wednesday, January 18, 2012

Vietnamese government bans iron ore exports

Wednesday, 18 Jan 2012

Vietnam Economic Times reported that the Vietnamese government has released notice No 02/CT-TTg on exploration, mining and export of domestic minerals.

According to the notice, all iron ore exports by domestic miners or traders has been banned. In addition, the government will temporarily suspend all coal mining activity except that allowed by permits for coal exploration and mining. As for the bauxite sector all exploration programs have been banned in all Northern provinces except for Nhan Co and Tan Rai.

(Sourced from Vietnam Economic Times)

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