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Official Gazette

Sunday, June 4, 2023

Strategy to develop mining industry approved

Updated: 11:02’ - 07/05/2023
By 2045, Vietnam strives to form an advanced and modern mining and mineral processing industry associated with a circular economy model, a green economy equivalent to that of advanced countries in Asia.

Such is one of targets provided in the Government’s Decision 334 dated April 1, approving the geological and mineral strategy through 2030 with a vision toward 2045.

Under the strategy, the country will explore minerals such as coal, uranium, titanium-zircon, rare earth, apatite, copper, nickel, tin, bauxite, glass sand, and other minerals by 2045 while balancing the exploitation and national mineral reserve for a number of strategic, important, and large-scale minerals.

A mineral processing factory at Nui Phao polymetallic mine, Thai Nguyen province__Photo:

The strategy also focuses on the strict management, economical and efficient use of mineral resources, investing in mining and mineral processing technology, forming an advanced and modern mining industry that goes in line with environmental protection and a circular, green economy, climate change adaptation and towards carbon neutrality. It is also expected to end fragmented and out-of-date mineral mining and processing establishments that pollute the environment.

The specific objectives of the strategy include completing 85 percent of the geological and mineral mapping area at the scale of 1:50,000 of the mainland by 2030; complete the investigation and assessment of mineral potential in promising structures in the North Central and South Central regions.

The strategy aims to investigate, evaluate and map geological hazards, environmental geology of the provinces in the mountainous and coastal areas of the Mekong Delta; survey and mapping of geological heritage nationwide; complete investigation and mapping of environmental geology of areas containing toxic and radioactive minerals; investigation and assessment of sand, gravel and construction materials in river basins.

It also includes forming mineral processing industrial parks with advanced technology and scale commensurate with the potential of each mineral, synchronized with regional infrastructure development.

The strategy also aims to develop technology for deep processing of minerals, promote cooperation in scientific and technological research, technology transfer, training and development of human resources in geology and minerals in order to mainly serve the needs of the economy, and strive towards forming an advanced and modern mining and mineral processing industry associated with a circular economy model, a green economy equivalent to that of advanced countries in Asia by 2045.

According to the development orientation, in terms of geology, priority shall be given to implementing and completing the mapping of mineral geology at the scale of 1:50,000 of the mainland and islands, marine mineral geological survey at the scale of 1:500,000, investigating, discovering and locating areas with mineral potential, especially strategic and important minerals.

The strategy also focuses on investigating and forecasting geological hazards in mountainous and midland provinces and establishing a comprehensive remote sensing identification technology system for areas with potential risks of geological hazards, zoning risks, synthesize and form a geological hazard risk management model to serve disaster prevention and mitigation work.

In terms of minerals, the strategy aims to review and locate national mineral reserve areas, balancing between planned use demand and long-term reserve for socio-economic development, defense and security assurance, and environmental protection. Exploration activities will have to comply with the planning, suitable to the potential of each type of mineral.

The mining industry will have to comply with the planning, use advanced technology and equipment, suitable to each potential type of mineral, and maximize the recovery of useful ingredients while ensuring environmental protection. For minerals with large and concentrated reserves, mining projects must be conducted while using advanced technology, modern equipment, and sustainable environmental protection.

The strategy emphasizes the research and use of advanced technology in exploiting construction materials and ensuring the balance and harmony between export and import, ensuring domestic demand, and supplying raw materials for processing projects.- (VLLF)

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