Deepening the "Belt and Road" Initiative, Setting a Benchmark in Mining — Unitex Laos High-Grade Lump Iron Ore Project Officially Launched
Under the guidance of the "Belt and Road" initiative, Unitex leverages its global resource layout strategy, strategically investing in resource-rich Laos to develop a high-grade lump iron ore project. As a leading multinational in the mining sector, we base our operations on compliance, uphold green development principles, and prioritize excellent quality, writing a new chapter of resource cooperation and sustainable development in the fertile lands of the Indochina Peninsula.
Laos, known as the "Treasure House of Resources in Southeast Asia," relies on mining as a pillar of its economy, offering abundant iron ore reserves and an open investment environment. The Unitex Laos iron ore project is located in the core area of a premium ore vein. Verified by multiple rounds of professional geological exploration, the ore is natural lump iron ore with an iron content of 62.47%, far exceeding the international high-grade ore standard of 62%. This core indicator ensures higher smelting efficiency, significantly reduces coke and energy consumption, and provides low-cost, high-quality core materials for downstream steel enterprises, giving it a notable premium advantage in the international market. Leveraging cross-border transportation hubs like the China-Laos Railway, the project’s Iron Ore output can efficiently reach domestic and international markets, forming an integrated “mining-transport-supply” industrial loop.
Compliance is the lifeline of cross-border investment. Unitex strictly follows Laos' "Mining Law" and "Investment Promotion Law" and has obtained a full set of qualifications including investment licenses, mining rights certificates, and environmental compliance certifications, becoming a benchmark in Laos’ regulated mining management. Facing local policy adjustments and industry restructuring, we rely on forward-looking planning and a compliance operation system, successfully passing special assessments by the Lao government and entering a legitimate routine development mechanism, ensuring long-term and stable project operations. During operations, the company has established a professional management team, integrating international advanced mining experience with local practices to standardize the entire process from exploration, mining, to processing, ensuring efficient and sustainable resource development.
Green development is Unitex's unwavering commitment. In response to the Lao government's policy of an "unbreachable environmental red line," ecological protection has been integrated into the project from the planning stage. We have invested dedicated funds to build wastewater treatment systems, slag recycling systems, and dust control equipment, strictly adhering to environmental impact assessment standards, achieving a dynamic balance between mining and ecological protection. Additionally, the company actively fulfills social responsibilities, drawing on the successful experiences of Chinese enterprises in Laos, providing employment opportunities for local residents, participating in road and power infrastructure construction, and promoting the integration of resource dividends with community welfare, earning broad recognition from the Lao government and local communities.
As a diversified multinational group, Unitex has accumulated rich international operational experience and professional technical capabilities across multiple industries. The Laos iron ore project is a strategic move to deepen our presence in the mining sector. We will continue to invest in advanced equipment and innovative technologies, optimize mining processes, and enhance resource utilization, striving to create a demonstration project for high-grade iron ore development in Southeast Asia. Leveraging the policy benefits of the "Belt and Road" initiative and the solid foundation of the China-Laos comprehensive strategic partnership, Unitex is committed to bridging Laos’ resource advantages with global market demands, injecting strong momentum into the stable supply of the steel industry chain.
From resource exploration to compliant development, from green operations to value sharing, the Unitex Laos high-grade lump iron ore project carries the original intention of win-win cooperation and the mission of industrial upgrading. In the future, we will continue to uphold our core values of “Integrity & Compliance, Green & Efficient, Win-Win Cooperation,” deepen our presence in the Lao market, expand industrial boundaries, provide stable and reliable high-grade iron ore resources to global customers, and work with partners to create a sustainable and prosperous future for the mining industry.
