Vietnam targets establishing mineral processing parks with advanced technology while accelerating projects on processing several minerals such as bauxite, titan-zircon, rare earths, and niken by 2030.
Under the Geological and Mineral Strategy to 2030 and vision towards 2045, which has been approved by the Deputy Prime Minister Tran Hong Ha, the country targets finalizing the investigation and assessment of strategic and important minerals on the mainland and in coastal waters and islands, and to conduct geological and mineral exploration in deep sea and offshore areas.
It aims to complete investigations and assessment of mineral potential in promising structures in the north-central and south-central regions.
It also aims to explore minerals such as coal, uranium, titanium-zircon, rare earths, apatite, copper, nickel, tin, bauxite, glass sand, and other minerals by 2045.
The government will impose strict management over mineral resources and put an end to mineral mining and processing establishments using outdated technologies that cause environmental pollution.
By 2045, it will create an advanced and modern mining and mineral processing industry associated with the development of the circular economy and the green economy.