Work begins on bauxite deposits in Lam Dong

Work to mine bauxite ore began at the Tan Rai mine in Bao Lam district, in the Central Highlands province of Lam Dong, on March 16.

This was the first operation of the Lam Dong Bauxite-Alumina complex, nearly four years after the project received approval.

The mining works, conducted by the Ha Tu Coal Joint Stock Company under the Vietnam Coal and Mineral Industries Group (Vinacomin), will supply materials for aluminium processing at the complex, which is scheduled to start later this year.

Addressing the opening event, Minister of Industry and Trade Vu Huy Hoang said that the Lam Dong Bauxite-Alumina project was a key industrial project in the country and the largest for Vinacomin.

So far, all construction components of the complex have followed the schedule and quality standards, said the minister. He said the project’s major component – the aluminium processing plant – will become operational by the committed time.

Hoang assigned Vinacomin to closely coordinate with Lam Dong province to complete the project’s implementation and to promptly put the complex into stable production, following the government’s plan.

According to Vinacomin, the complex still faces difficulties in electricity supply and human resource availability. However, the group pledged to try its best to put the aluminium processing plant into trial operation by the end of the year. – VIR

Tags:

Posted by VBN on Mar 18 2011. 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

  • PLife Reit’s Q3 revenue hits S$22m
  • Roxy-Pacific’s net profit jumps 50%
  • Works to start soon on Tuas MRT station
  • Punggol condo site attracts 5 bids
  • SGX suspends membership of MF Global S’pore
  • SIA reports 49% fall in Q2 net profit

RSS India Business News

  • Retailers predict sales slowdown in coming quarters
  • Bulk drug exports excluded from bar coding
  • Diesel, LPG prices set to rise again
  • Higher sales in chronic segments boost revenue
  • New drug pricing policy to pinch top three firms
  • Sensex up over 180 points; Sterlite, Hindalco, Axis Bank gain

RSS Malaysia Business News

  • Malaysian Marine rises on RM1.4b job
  • Yeo Hiap Seng climbs on Q3 profit jump
  • CSC Steel suffers Q3 pre-tax loss of RM1.98m
  • Nestle posts higher Q3 pre-tax profit
  • OSK maintains ‘neutral’ call on steel stocks
  • Malaysia’s exports rise 16.6pc, beats forecast

Sponsored

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