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Petroleum / Mining in Laos

  • Viet Nam to open $450m Lao salt mine

    LAOS, 2013/10/10 Construction of a joint US$450 million Viet Nam–Laos project to process salt in Khammouan Province in Laos will start next month, according to the Viet Nam Chemical Group (Vinachem). The Vinachem-backed project, signed in February last year with the Lao Planning and Investment Ministry, is its initial in the field. Vinachem will exploit salt across an area of 10sq.km for 20 years and as well build a factory to process 320,000 tonnes a year. The Lao Government granted the group 196.5sq.km of land to survey for possible salt mines.