Vinacomin denies role in coal debacle

Officials from Viet Nam National Coal and Mineral Group (Vinacomin) said the group is not responsible for the lack of coal for cement production.

Viet Nam Cement Corporation (Vicem) said last week that they did not have enough coal to continue producing cement.

Officials from Vinacomin said the Cement Material and Transport Joint Stock Company (Comatce), Vicem’s affiliate that purchases coal for the cement industry, had signed contracts with the group to provide 1.5 million tonnes to the cement group this year.

Under the contract, Vinacomin is scheduled to deliver 350,000 tonnes of coal to the cement industry during the first quarter, 400,000 tonnes during the second, 350,000 tonnes in the third and 400,000 tonnes in the forth.

The group will continue to deliver the coal on schedule, representatives from Vinacomin said. – VNS

Tags: Vietnam mining industry, Vinacomin

Posted by VBN on Oct 12 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