Vietnam to ban export of 8 minerals in November

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Vietnam's Ministry of Construction is banning the export of eight types of minerals used to make building materials in a bid to prevent future shortages, has reported.

The ban will come into effect on November 6.

Among eight listed minerals are building sand, building stone from mines in southern Vietnam, clay, gravel, and limestone used to make cement.

The ban came in the form of a new government circular which will replace a 2009 circular that had initially placed restrictions on the export of these categories of minerals.

The ban does not pertain to materials slated for temporary import and re-export.

Minerals taken from mines with valid, unexpired licenses obtained before the ban may still be exported until those licenses expire.

Construction Ministry official Le Van Toi told a reporter that the latest ban was "necessary" to ensure domestic supply and control the export of natural resources which is in line with Vietnam's strategies in exploiting and managing minerals.

The ministry, however, said that if necessary, some of the listed minerals would be permitted to be exported, but only with the prime minister's permission.

A recent statement from the Ministry of Construction also mentioned 10 types of minerals available for export.

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