LXML Sepon receives prestigious A+ Rating

The Lane Xang Minerals Limited Company (LXML) 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 in January 21, with the award being handed over by the Minister of Energy and Mines, Mr Phosay Sayasone.

The Minister of Energy and Mines, Mr Phosay Sayasone (centre), and recipients of certificates gather for a group photo.

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 recognised for its leadership in sustainable community development, job creation and significant contributions to the socio-economic development of Laos.
Since 2016, LXML has consistently maintained this exceptional achievement, reflecting its steadfast dedication to operational excellence and compliance with industry best practices. Among the leading mining companies in Laos, 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.
The Managing Director of LXML, Mr Saman Aneka, expressed his gratitude for the recognition, and said, “LXML is dedicated to adhering to both national and international standards, particularly in safety and environmental protection. We are honoured to be recognised 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 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 organisation 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; minimising 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 the Lao PDR.
LXML remains committed to its sustainable development goals, continuously adopting cutting-edge innovations to minimise negative impacts on the environment and communities while maximising 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.

By Advertorial Desk
 (Latest Update January 23, 2025)