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VietNamNews

Environmental fees for mining companies

Update: February, 24/2016 - 09:25

HA NOI (VNS) — The Government has issued a Decree on environmental protection fees for mining businesses.

According to the decree, metal exploitation will be charged from between VND10,000 and VND270,000 (US$0.45–$12.15) per tonne, while the figures for non-metal mining will be between VND1,000 and VND90,000 ($0.045–$4.05) per cubic metre or tonne.

Crude oil is subject to a protection cost of VND100,000 ($4.5) per tonne.

The extraction of natural and coal gases will cost VND50 per cubic metre, while natural gases collected through crude oil exploitation will be charged at VND35 per cubic metre.

No environmental protection fees will be issued on dirt and rock from coal mining until the end of 2017. — VNS

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