Asian Mineral Resources Limited announced that the Ministry of Industry and Trade of the Socialist Republic of Vietnam has issued a circular regarding the export of minerals and mineral products from Vietnam.
The Circular stipulates that 9.5% nickel concentrate is permitted for export by Ban Phuc Nickel Mines LLC a subsidiary of AMR, without time limit. Previously, BPNM held a licence to export nickel concentrate until 31 December 2015. This export licence is superseded by the Circular.
Mr. Simon Booth CEO of AMR stated that "We are pleased to see the extension of the right to export concentrate for the life of the Ban Phuc nickel project. This is an important step towards commencing sustainable production from Ban Phuc, and another sign of the ongoing support of the Government of the Socialist Republic of Vietnam."
