On December 29, 2023, the Minister of Industry and Trade issued Circular No. 45/2023/TT-BCT amending and supplementing Article 4 regarding the list of types, standards of quality of exported minerals (Circular 45).

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Accordingly, exported minerals are minerals of legal origin, processed, listed in the List of types, and meeting the following quality standards:

– For domestically sourced exported minerals: The corresponding list of types and quality standards in Appendix 1 of this Circular (including: Titanium ore; Bismuth concentrate; Nickel concentrate; Total rare earth (oxides, hydroxides, salts); Fluorite ore; Barite powder; White marble; Graphite concentrate; Mica powder (muscovite mica); Diatomite concentrate (siliceous sediment powder)).

– For imported sourced exported minerals:

+ In case of processing goods for foreign traders: The types and quality standards of processed products shall comply with the processing contract signed with foreign traders. The processing contract shall comply with the provisions of Article 39 of Decree No. 69/2018/ND-CP dated May 15, 2018, of the Government detailing some articles of the Law on Foreign Trade Management.

+ In case minerals are processed from imported sources other than the above case: The corresponding list of types and quality standards of minerals in Appendix 2 of this Circular (including various types of titanium ores: Ilmenite concentrate, Zircon powder, Zircon concentrate, Rutile concentrate, Monazite concentrate, Mixed tailings, Zircon tailings, and Various types of titanium slag).

Exporters of minerals shall be selected to undergo suitability assessment as prescribed in Decree No. 107/2016/ND-CP dated July 1, 2016, of the Government stipulating conditions for conducting conformity assessment services, and Decree No. 154/2018/ND-CP dated November 9, 2018, of the Government amending, supplementing, and abolishing some regulations on investment conditions, business activities in the state management field of the Ministry of Science and Technology and some regulations on specialized inspection for assessment of types, quality of exported minerals.

In addition, Circular No. 45/2023/TT-BCT also amends and supplements Article 5 regarding the reporting regime for mineral exports:

– Export plan report for imported sourced exported minerals (form in Appendix 3);

– Quarterly periodic report when export transactions occur (Form 01 in Appendix 4);

The Circular shall come into effect from February 15, 2024.

Above is the entire content of the News: Regulations on the list of types, standards of quality of exported minerals managed by the Ministry of Industry and Trade.

* This news is for informational purposes about newly issued legal regulations and is not intended for specific advice or application in individual cases.

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