Mr Saman Aneka (left) presents a profit tax payment to Mr Khamphan Phanthoulack.

LXML pays over 2 trillion kip in profit tax, reinforcing its leadership in responsible mining

Lane Xang Minerals Limited Company (LXML) has fulfilled its 2025 profit tax obligation to the Lao government, with a total payment of 2,200,952,209,498 kip (approximately US$102.37 million).
The official ceremony for handing over the payment was held at the Tax Department, Ministry of Finance, on April 30, 2026.
The payment was formally handed over by the Managing Director of LXML, Mr Saman Aneka, and received by the Acting Director General of the Tax Department, Mr Khamphan Phanthoulack. The ceremony was attended by representatives of relevant government agencies, stakeholders and LXML technical staff.
In his remarks, Mr Aneka emphasised that the tax payment reflects LXML’s continued commitment to responsible operations and strict compliance with the laws and regulations of Laos. He noted that transparent and timely tax contributions play a vital role in supporting national development through direct and indirect economic benefits.
“This achievement also underscores LXML’s strong operational performance, consistently recognised with an A+ rating by the government. Beyond economic contributions, we remain deeply committed to improving the livelihoods of local communities and supporting sustainable development,” Mr Aneka said.
The Managing Director further highlighted that LXML has successfully applied modern technologies to process low-grade gold ore, enabling the extension of mine life and sustaining production at approximately five tonnes of gold a year. This advancement has allowed LXML to defer its previously planned mine closure in 2023 and continue efficient operations.
Over more than two decades of operating the Sepon Gold and Copper Mine in Savannakhet Province, LXML has established itself as a leader in the mining sector and a benchmark for responsible mining practices. This includes strong environmental management and significant investments in infrastructure, education and public health to strengthen surrounding communities.
Through its substantial contributions to national socio-economic development, LXML remains committed to advancing sustainable mining practices in line with international standards, supporting Laos’s growing role in the regional mining industry.
In response, Mr Phanthoulack commended LXML for its outstanding performance, recognising the company as a model enterprise that consistently operates in compliance with laws and regulations and has earned the trust of government leadership over many years. He expressed appreciation for LXML’s continued cooperation, particularly its support during periods of national fiscal constraint.
He further affirmed the government’s commitment to maintaining close coordination with LXML, including support for future operational planning and eventual mine closure in accordance with regulatory requirements, ensuring long-term mutual benefits.
This significant tax contribution demonstrates that LXML views mining not merely as resource extraction, but as a pathway to transforming natural resources into long-term socio-economic value. LXML remains dedicated to ensuring that mining development in Laos progresses in balance with environmental stewardship and community well-being.

By Advertorial Desk
 (Latest Update May 5, 2026)