Deputy Prime Minister Hoang Trung Hai has approved exports of about 100,000 tonnes of barite powder as the country’s production has already met domestic demand.
The Ministry of Industry and Trade will work with the Tuyen Quang Provincial People’s Committee to implement the export and restrict keep a high rein on prices.
The Ministry will also be in charge of submitting the comprehensive solution for production, domestic use and export of the powder to the Prime Minister by October 2010.
Before the Prime Minister approved the solution, Mr. Hai has asked Tuyen Quang and other provinces to stop issuing licenses for exploitation and processing of raw barite.
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