Bauxite dangers rise to the surface

The investor in the Central Highlands’ first bauxite project was last week warned to guarantee the recent tragedy in Hungary is not repeated in Vietnam.

The Ministry of Industry and Trade (MoIT) early last week held an urgent meeting with state-run Vinacomin, requiring a review of its red sludge reservoir design for the two bauxite Tan Rai and Nhan Co projects in Lam Dong and Dak Nong provinces.

The requirement was made after learning about serious damage at a Hungarian red sludge reservoir this month.

About one million cubic metres of waste material leaked out of the alumina plant reservoir into several villages and waterways in Hungary, killing seven people, injuring 123 and fouling rivers including a branch of the Danube.

Many people suffered from burns and eye ailments caused by contact with sludge. According to environmental group Greenpeace, villages that bore the brunt of the sludge torrent could suffer in the longer term due to soil contamination affecting the water base and eco-system.

Vinacomin’s deputy general director Duong Van Hoa said the Hungarian crisis was a serious warning that could not be ignored, particularly as Vietnam had just entered the industry.

He said the group would propose new measures to ensure that the red sludge was safely contained.

Vietnam’s reservoir containing eight divisions is located in a valley and is 1.5 metres lower than the bauxite plants, which Vinacomin considered to be safer than the broken reservoir in Hungary.

The Vietnamese reservoir was designed by the Aluminum Corporation of China Limited (Chalco).

The Tan Rai project in Lam Dong has a designed capacity of 650,000 tonnes of alumin a year. It started construction in November, 2008 and is scheduled to put into operation in the first quarter of 2011.

Recently, the MoIT also requested the investor and local authorities in Dak Nong to speed-up land clearance progress for Nhan Co project.

Vietnam targeted to develop three alumin projects during 2008-2010, including the Tan Rai, Nhan Co and Kon Ha Nung in Gia Lai province.

Three other projects are planned for 2011-2015 the Dak Nong 2, 3 and 4, which have drawn interest from Chalco, Alcoa and BHPB.

Vietnam is estimated to have 5.5 billion tonnes of bauxite, the world’s third largest reserves with 90 per cent located in the central region. According to the Vietnamese government, the huge deposit was the decisive factor for the country to accelerate its own bauxite exploitation and alumin and aluminum production. – VIR

Tags: ,

Posted by VBN on Oct 19 2010. Filed under Mining & Metal. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS Singapore Business News

  • Jones Lang reports strong Q3 earnings
  • Asia-Pac Reits can survive challenges ahead: S&P
  • Green Lodge up for sale again at S$195m
  • HDB unveils roadmap for better living
  • OCBC Group posts Q3 net profit of S$513m
  • MAS says safeguarding investors’ interest a priority

RSS India Business News

  • NSE aims to launch SME exchange this month
  • Sensex ends up 17 points; DLF, BHEL, Bharti Airtel gains
  • Sensex ends near 17500; BHEL, DLF, Tata Power up
  • Sensex ends up 17 pts; BHEL, DLF, Tata Power gains
  • Nifty near 5200; IDFC, Tata Motors, SAIL down
  • Gold, copper seen lower at open on global cues

RSS Malaysia Business News

  • Zelan to build IIUM Gambang campus
  • Andhra Bank to start ops here next month
  • Kimlun to buy land in Seremban
  • DRB-HICOM plans RM1.8b sukuk
  • KL stocks mixed on blue-chip rebound
  • Ringgit falls on weak demand

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.

накрутка пф заказать можно ли купить диплом https://diplomix-asx.com/kupit-diplom-sssr купить диплом нового образца купить диплом в ростове-на-дону https://aurus-diploms.com/geography/diplom-v-moskve.html https://gosznac-diplom24.com/kupit-diplom-medicinskogo-uchilishha куплю диплом https://premialnie-diplom24.com/купить-диплом-с-занесением-в-реестр/ купить аттестат школы https://lands-diplomix.com/attestat-9-klassov.html https://frees-diplom.com/otzyvy-klientov https://diploman-dok.com/kupit-diplom-omsk купить диплом ссср https://radiplomy.com/kupit-diplom-onlajn