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| Nui Phao Tungsten Mine ( Thai Nguyen ) and adjacent areas are on the adjustment list. |
Adjusting planning and completing legal procedures for Nui Phao mine
The adjusted contents were deployed to promptly resolve difficulties in the implementation of Planning 866. Accordingly, Decision 2581/QD-TTg updated the list of exploration and exploitation projects; adjusted coordinates, area, reserves, capacity as well as exploitation time in areas within the planning scope.
The Nui Phao Polymetallic Tungsten Mine (Thai Nguyen) and adjacent areas are also included in the adjustment list, including the Nui Phao Expansion Project and Nui Chiem. With this adjustment, the project boundaries have been updated to ensure maximum mobilization of the licensed underground mining reserves of 28.028 million tons, while also being consistent with the mining design and development orientation of the projects in the next phase. This helps businesses optimize mining activities and expand deep processing in a modern, safe and sustainable manner.
Nui Phao Mine is operating under Mining License No. 1710/GP-BTNMT dated September 21, 2010 issued by the Ministry of Natural Resources and Environment (now the Ministry of Agriculture and Environment ), with an exploitation area of 90 hectares, licensed reserves of 83.22 million tons (of which open-pit mining is 55.192 million tons and underground mining is 28.028 million tons).
The Nui Phao project is entering the licensing phase for the exploitation of the 28 million ton reserve and converting the mining method from underground to a combination of open-pit and underground mining.
The Nui Phao Project's mineral complex is exploiting and processing four main products including Tungsten, Fluorite, Bismuth and Copper. Nui Phao's Tungsten products are further processed through a closed technology chain to create deep-processed products such as ammonium paratungstate salt and Tungsten Oxide powder.
These are important materials for many key industries from electric vehicles, semiconductors, aerospace to oil and gas and medical equipment, thereby contributing to increasing Vietnam's role in the global high-tech materials supply chain.
Strengthening Vietnam's capacity in the global strategic mineral supply network
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| Highly refined fluorspar (acidspar) is gradually moving beyond its traditional industrial role to become a strategic link in the new energy value chain. |
Globally, the energy transition, the development of electric vehicles, the expansion of chip manufacturing and the promotion of green technology are increasing the demand for critical minerals. Supply pressures are forcing countries to focus on building stable supply chains and promoting deep processing to ensure long-term raw material security.
In that context, the planning adjustment according to Decision 2581/QD-TTg not only completes the legal framework for exploration and exploitation activities in the Nui Phao mine area and other mines, but also enhances Vietnam's capacity in the global strategic mineral supply network.
These updates help localities and businesses better exploit resource potential, serving the goal of developing the high-tech materials industry.
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| The Nui Phao project is helping Vietnam form an integrated and sustainable high-tech materials supply chain. |
Vietnam is playing an increasingly prominent role in multilateral cooperation mechanisms and is considered one of the countries with great potential for strategic minerals in Asia. Vietnam has a special advantage in tungsten - a mineral classified as essential by the G20 Summit thanks to its hardness, heat resistance and high applicability in the semiconductor industry, energy technology, electronics and super durable materials.
In Thai Nguyen, the Nui Phao polymetallic tungsten mine is considered to have the second largest tungsten reserves in the world outside China, ranking fifth globally in terms of fluorspar production (according to the US Geological Survey), and also possesses other strategic minerals such as Bismuth and Copper.
The Nui Phao project, operated by Masan High-Tech Materials (UpCom: MSR), a member of Masan Group, is helping Vietnam form an integrated and sustainable high-tech materials supply chain, from mining, processing to manufacturing products for cutting-edge technology industries. This is an important strategic advantage that helps Vietnam improve its position in the global mineral supply network.
Source: https://baothainguyen.vn/kinh-te/202511/dieu-chinh-quy-hoach-mo-nui-phao-gop-phan-nang-cao-vi-the-viet-nam-trong-mang-luoi-cung-ung-khoang-san-toan-cau-3461fe1/
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