Vietnamese Deputy Prime Minister Hoang Trung Hai has recently approved in principle the state-owned Vietnam National Coal-Mineral Industries Group (Vinacomin) to conduct coal exploration and pilot coal gasification in the northern provinces of Quang Ninh and Hung Yen. Vinacomin and the New Energy and Industrial Technology Development Organization (NEDO) of Japan will assess coal reserves [...]
Mar 24 2010 | Posted in
Mining & Metal |
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Vietnam’s largest mining company wants to begin mining huge coal deposits in the Red River delta, one of the country’s most-populated agricultural areas, officials said Monday. The Song Hong Energy Company, an affiliate of state-owned mining conglomerate Vinacomin, has applied for permission to launch a pilot mining project in Hung Yen province, some 30 kilometres [...]
Mar 9 2010 | Posted in
Mining & Metal |
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The Vietnam National Coal and Mineral Industries Group (Vinacomin), which has just raised the prices of coal it sells to monopoly power company Electricity of Vietnam Group, has indicated it plans another hike in December. It is aimed at funding fresh investments by Vinacomin, its deputy director, Nguyen Van Hai, said. The state-owned coal company [...]
Plans for increasing coal prices for power generation have been approved by the Government after a proposal by the Vietnam National Coal and Mineral Industries Group (Vinacomin). This was announced by Mr. Nguyen Van Hai, Deputy Director of Vinacomin, in a press briefing on March 3rd. Mr. Hai said that after a working meeting between [...]
Mar 6 2010 | Posted in
Mining & Metal |
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The Viet Nam National Coal and Mineral Industries Group announced new coal prices for electricity generation yesterday. The price of coal dust No 4B sold to power plants is set to rise by 47 per cent to VND648,000 (US$34) per tonne, while that of coal dust No 5 will increase by 28 per cent to [...]
Mar 4 2010 | Posted in
Mining & Metal |
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Three powerful conglomerates, the Vietnam Coal and Mineral Industries Group (Vinacomin), PetroVietnam and Electricity of Vietnam (EVN) are to submit to the Government plans to set up a steering committee in charge of coal import management. Vietnam will both import and export coal The three groups said that the coal consumption volume has been increasing [...]
Feb 23 2010 | Posted in
Mining & Metal |
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Vietnam earned US$935.84 million from exporting 20.453 million tons of coal to China in 2009, the Ministry of Industry and Trade said. The figures account for 81.84% and 71.08% of the country’s total coal export volume and revenue respectively, making China the top coal importer of Vietnam last year, the ministry said. The Southeast Asian [...]
Feb 4 2010 | Posted in
Mining & Metal |
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Cement producers have accused the Vietnam Coal and Mineral Industries (Vinacomin) of charging overly high transport fees. According to the Vietnam Cement Association, He Duong Cement Company in Ninh Binh Province, Huu Nghi Company in Phu Tho and X18 Company in Hoa Binh have lodged complaints about the fact that Vinacomin sets transport fees which [...]
Jan 26 2010 | Posted in
Mining & Metal |
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Vang Danh Coal Joint Stock Company, an affiliate of the state-owned Vietnam National Coal-Mineral Industries Group (Vinacomin), targets to produce 3.3 million tons of coal this year, up 6.45% from a year earlier. The company also plans to earn revenues of nearly VND2 trillion (US$108.23 million) in 2010. The firm, which was set up in [...]
Jan 18 2010 | Posted in
Mining & Metal |
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Vietnam is estimated to have coal reserves of 225 billion tons. The volume comprises 10.1 billion tons of anthracite coal in the Dong Bac coal mine, 210 billion tons of bituminous coal in the Red River coal basin and 96 million tons of brown coal. The country also has an estimated 7.1 billion cubic meters, [...]
Dec 3 2009 | Posted in
Mining & Metal |
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