PUBLISHED: 27 August 2019
Managing mineral exports
The ministry aims to maximize the price of mineral exports in order to improve the economy by setting basic principles in product evaluation before exporting, and determining conditions of the authorization to export mineral products.
Mineral products can be exported under such conditions as:
- The long and short-term socio-economic benefits are greater than local treatment and processing of mineral products.
- Local treatment and processing of mineral products cause harmful effects to the environment and society.
- There is an exceeding amount of mineral products than the needs for local industry, and those types of mineral products are not forbidden for exportation by the royal government.