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13 Dec
14:40

Laos to stop accepting new iron ore projects

Lao government will not approve new proposals for the survey, extraction and export of iron ore in the form of pilot projects, Kallanish learns from the Laotian Times. The announcement was made by Prime Minister Phankham Viphavanh at the National Assembly session on 9 November in response to members questions. He stated that mining and exporting iron ore is no longer economically viable as global prices have dipped sharply. “If the price of i…
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