Quang Ngai will handle on-site if there are manipulations, pushing up mineral mine auction prices unusually high

VIÊN NGUYỄN |

Quang Ngai - The police will closely monitor the mineral mine bidding process. If there is any phenomenon of manipulation or pushing the bidding price up unusually high, they will handle it on the spot.

On June 23, the leader of the Department of Agriculture and Environment of Quang Ngai province said that according to the plan, at the end of June 2025, the unit will organize an auction of mineral mines to serve the construction of works in the province. 11 mineral mines auctioned are soil mines, with a reserve of 8 million m3, of which 7 mineral mine areas have had mineral exploration results, the remaining 4 mine areas have not had mineral exploration results.

Among the mineral mines expected to be auctioned this time, there are 6 land mines to serve the Dung Quat Oil Refinery upgrade and expansion project, in Dung Quat Economic Zone, Binh Son District, Quang Ngai Province.

According to the leader of the Department of Agriculture and Environment of Quang Ngai province, currently, the price of construction materials is increasing, while the demand for minerals for construction works is lacking. Meanwhile, in previous years, there were cases where businesses when participating in auctions pushed prices up significantly.

When the auction was won, these enterprises abandoned the mines and did not exploit. Therefore, it will take authorities at least 6 months to re-organize the auction, causing waste of time and a shortage of materials for the market, escalating prices, affecting construction works under construction and people in need of use.

That is not to mention, businesses that do not have a need to use them can manipulate, pushing mineral mine prices up unusually at auctions. Or there is a phenomenon of businesses truancing and negotiating with businesses with real needs for profit.

Therefore, businesses that need to use the mine must really "catch" the price that the above businesses manipulate.

To prevent the above situation, the leader of the Department of Agriculture and Environment of Quang Ngai province said that in this auction of 11 mineral mines, the unit has proposed more suitable criteria to select enterprises with a real need to use mineral mines, proving financial capacity, equipment, human resources... to participate in the auction.

In particular, the Department of Agriculture and Environment will invite the police force to closely monitor the bidding process. If there is any phenomenon of manipulation, pushing the bidding price up unusually high, they will be handled on the spot.

Also according to the leader of the Department of Agriculture and Environment of Quang Ngai province, this time if the participating enterprises win the bid but abandon the bid, the unit will advise the People's Committee of Quang Ngai province to impose administrative sanctions, ban bidding from 6 months to 5 years...

After applying the above measures in auctioning land mines, the Department of Agriculture and Environment of Quang Ngai province will plan to apply auctions with sand mines that will be held later.

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