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Home / Investors and Media / News / Lane Xang Minerals Limited Company Receives Prestigious A+ Rating
Lane Xang Minerals Limited Company Receives Prestigious A+ Rating



Lane Xang Minerals Limited Company (Sepon Mine) has been awarded the esteemed A+ rating by the Ministry of Energy and Mines. This recognition was presented during the annual review meeting focused on mine management practices held in Vientiane, with the award delivered by the Minister of Energy and Mines.



The A+ rating acknowledges LXML’s outstanding performance in mining operations and its commitment to adhering to international environmental and social standards. The company has been recognized for its leadership in sustainable community development, job creation, and significant contributions to the socioeconomic development of Lao PDR.



Since 2016, LXML has consistently maintained this exceptional achievement, reflecting its steadfast dedication to operational excellence and compliance with industry best practices. Among leading mining companies in Lao PDR, LXML is the only firm to have consistently achieved this highest rating.


The Lao government, particularly the Ministry of Energy and Mines, commended LXML for its pivotal role in enhancing the quality of life for local communities through the deployment of advanced technologies and expertise. The company's strong safety record, support for domestic products, and promotion of local businesses have positioned it as a leading and rapidly growing industrial enterprise.


Mr. Saman Aneka, Managing Director of LXML, expressed his gratitude for the recognition, stating, "LXML is dedicated to adhering to both national and international standards, particularly in safety and environmental protection. We are honored to be recognized by the Ministry of Energy and Mines for our commitment to upholding the highest standards of corporate social responsibility and environmental sustainability. This achievement would not have been possible without the support of government agencies, local communities, the dedication and hard work of our employees, and the contractors."


He further added, "This prestigious award and continuous recognition represent a significant milestone and serve as a guiding light for us to continually improve and remain a responsible investor and a world-class organization committed to maintaining the highest standards while ensuring maximum benefits for all stakeholders."


LXML earned the A+ rating by demonstrating consistent compliance with key principles, including: adherence to laws and regulations; fulfillment of obligations; respect for the host country and community; promotion of domestic labor and skills development; maintenance of health and safety standards in the workplace; conducting business ethically and transparently; minimizing significant negative impacts on society and the environment; having a robust environmental management plan and mine closure plan; and demonstrating a high level of responsibility towards the environment and surrounding communities.


Currently, LXML is actively developing mining projects while leveraging new innovations and advanced technologies. These initiatives are expected to yield substantial benefits for local communities and contribute directly to the socio-economic development of Lao PDR.


LXML remains committed to its sustainable development goals, continuously adopting cutting-edge innovations to minimize negative impacts on the environment and communities while maximizing positive contributions. As the company endeavors to make a meaningful positive impact on the communities and environments where it operates, it will continue to play a pivotal role in the sustainable development and prosperity of Laos.





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