Policy dividends, reducing export costs
In August 2025, Laos officially implemented a value-added tax exemption policy for some exported goods. The exempted goods mainly include primary minerals and semi-finished minerals that enter special economic zones, specific economic zones, or are exported abroad for further processing. This policy is implemented in accordance with the revised Value Added Tax Law No. 60 of 2024, aimed at promoting exports and attracting investment in the mining and energy sectors. As an enterprise mainly engaged in exporting tin concentrate, Boning Banshao Mining Development Co., Ltd. directly benefits from this policy, with significantly reduced export costs and further enhanced international competitiveness.
Quality oriented, expanding international markets
The company always adheres to quality first, and its products have won international market recognition with stable quality and good reputation. The grade of tin concentrate has steadily improved and gained widespread trust from domestic and foreign customers. With the help of policies, the company will actively expand into Southeast Asian and global markets, and promote Laos' tin ore products to a broader international stage.
Taking a long-term perspective and extending the industrial chain
While enjoying policy dividends, the company closely follows the policy guidance of the Laotian government to promote mineral value-added processing. The Laotian government hopes to encourage investment in the field of mineral deep processing through value-added tax exemptions, gradually changing the previous situation of mainly exporting raw materials. Boning Banshao Mine will actively evaluate the feasibility of extending the downstream industrial chain on the basis of doing a good job in upstream mining and beneficiation business. In the future, it will explore investment opportunities in the field of mineral deep processing in a timely manner, further enhancing product added value and comprehensive competitiveness.