Law on Geology and Minerals
Strategic mineral management by special mechanism
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On October 14, the National Assembly Standing Committee gave its opinion on the draft Law amending and supplementing a number of articles of the Law on Geology and Minerals.
No auction of mineral exploitation rights in strategic areas
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The Law on Geology and Minerals stipulates that mineral exploitation rights shall not be auctioned for certain strategic and important mineral areas.
It is difficult to know who is the owner of the mining project
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According to a National Assembly delegate, after being granted a mineral exploitation license, prospectors and exploiters have the right to transfer, so it is difficult to know who is the real owner of the project.
