Laos mining new policy releases positive news, and Boningbanshao mine welcomes new opportunities for development

Location:

Compliant operation, stable and far-reaching

        The company always adheres to legal and compliant operations, strictly abides by Laos' regulations on investment, mineral mining, and environmental protection, and has completed legal procedures such as mining licenses within the mining area in accordance with the law. In terms of environmental compliance, the company strictly complies with the requirements of Laos' Environmental Protection Law, Water Resources Law, Land Law and other regulations to ensure the coordinated promotion of mining development and environmental protection. Under the positive signal of continuous policy optimization, the company will seize the opportunity to accelerate the construction of mining areas and the release of production capacity.

Based on the long-term perspective, lay out downstream extensions

         The Laotian government has clearly stated that it will promote the transformation of mining industry from exporting raw materials to domestic processing and value-added. Boning Banshao Mine closely follows this policy orientation and actively evaluates the feasibility of extending the downstream industrial chain while doing a good job in upstream mining and beneficiation business. The company stated that in the future, it will combine its own resource endowment advantages to explore investment opportunities in the field of mineral deep processing when conditions are ripe, and respond to the call of the Laotian government to promote high-quality development of the mining industry with practical actions.