Recently, the Ministry of Energy and Mines awarded Lane Xang Minerals Limited (LXML) with an “A+” rating for setting a leading example to other mining operations in compliance with international environmental standards, contributing to sustainable community development, generating over 5000 local jobs, and for its significant contribution to national socio-economic development in Lao PDR.

LXML has maintained the highest rating for six consecutive years since 2016, when the Lao Government initiated such assessments to acknowledge performance standards. LXML is the only mining company in Lao PDR to have consistently achieved this prestigious rating.

The Ministry of Energy and Mines praised LXML for improving livelihoods; modern mining methods and technology; safety standards; supporting local products, businesses, and services; continuing expansion and growth; and for supporting growth in other sectors.

LXML is developing the first modern underground mine in Laos at Sepon Mine in Vilabouly district, Savannakhet province. LXML secured the  “A+” rating by meeting certain standards, including: (i) legal compliance; (ii) meeting obligations; (iii) respect for host country and community; (iv) promotion of domestic labour and skills development; (v) safety and occupational health standards; (vi) productive and transparent operation with no adverse social and environmental impacts; and (vii) environmental management.

“At LXML, we are committed to operating in compliance with national and international standards, especially with regard to safety and environmental performance,” said Mr Saman Aneka, LXML Managing Director. “Recognition inspires us to strive for continuous improvement as a responsible investor and good corporate citizen to maintain strict standards, and ensure benefits are shared with all stakeholders.”