Vietnam and Cambodia 2015 - Mining Opportunities

Mining & Minerals - Evaluations / Mineral Exploration Activities - General

Date posted: 09/07/15

Receive the latest information from in-market specialists in Australia on the opportunities in Vietnamese and Cambodian mining sectors. Vietnam has potential minerals with more than 5,000 new deposits of 60 different types of minerals and natural resources (coal, bauxite, titanium, iron ore, chromite, oil and gas, copper, gold, phosphate rocks, rare earth, limestone, tungsten). Despite the broad endowment, current annual production is largely focused on only a few core commodities (coal and oil). Further exploration work and downstream industry development is required in order for Vietnam to improve its energy security and maximise the commercial exploitation of other minerals such as bauxite, gold arare earth.\n\nVietnam has significant world-class reserves of bauxite in the Central Highlands\n(approximately 5.5 B tonnes), titanium (approximately 500 M tonnes), iron ore (approximately 1 B tonnes), chromite (approximately 20 M tonnes), and various other minerals such as copper, gold, phosphate rocks, rare earths, limestone and\ntungsten.\n\nVietnam presents major opportunities for the processing and refinery industry along with mining technologies and services. Vietnam new Mining Law requires mining companies to include downstream processing and higher value production in the mining licence application, while providing a more transparent business and operational environment.\n\nA number of major mining operations have been successfully commissioned recently, such as Asian Mineral Resources Ban Phuc Nickel Mine and processing plant, Masan Resources Nui Phao Mine and processing plant, Vinacomin Tan Rai bauxite and alumina plant, in addition to existing operations such as Besra Bong Mieu and Phuoc Son Gold mines and Sin Quyen Copper mine and plantn a number of new mineral projects either in preparation stage or under construction including Sin Quyen copper plant, Ta Phoi copper mine and plant project, Co Dinh Chromite project, and others, all in Vietnam.