Approval of the Mineral Exploration, Extraction, Processing and Use Plan for 2021-2030, Vision to 2050

1. Overall Objectives a) Mineral resources are to be strictly managed, exploited, processed, and utilized economically and efficiently, linked to the economy's development needs, environmental protection, adaptation to climate change, and aiming for carbon neutrality. Promote investment to form a synchronous and efficient mining and processing industry with advanced technology and modern equipment suitable for global trends. b) For large-reserve, strategic, and important minerals (bauxite, titanium, rare earth, chromite, nickel, copper, gold), enterprises licensed to exploit mines must have sufficient capacity and must invest in appropriate processing projects using advanced technology, modern equipment, and sustainable environmental protection. c) Limit and move towards ending the exploitation of low-reserve, scattered, small-scale mines, concentrating mineral resources from small-scale mines/mining points into sufficiently large mining clusters for synchronous investment from exploration, exploitation, and processing using advanced technology and modern equipment.

3. Specific Objectives a) Exploration Objectives The objectives for exploring mineral types/groups in the period 2021 - 2030, with a vision to 2050, are summarized in Table 1 below: Table 1: Exploration objectives for mineral types/groups in the planning period. Period 2031 - 2050: after the results of geological and mineral survey and assessment for the period 2021 - 2030 are approved, exploration of newly discovered mines will be considered. b) Objectives for mining and ore beneficiation - Maintain currently issued mining licenses in accordance with legal regulations to ensure stability for mineral processing and utilization projects already invested in and constructed. - Invest in new projects only when the project can demonstrate specific consumers (units, organizations using it), meeting the demand for raw materials to serve the country's economic development. The projected objectives are summarized in Table 2 as follows: Table 2: Mining objectives for mineral types in the plan. c) Objectives for processing work Focus domestic resources and boost international cooperation to invest in deep processing of minerals such as bauxite, titanium, rare earth, nickel, chromite,... Specific details for each mineral type can be found in Table 3 below: Table 3: Processing objectives for mineral types in the plan.