Posts Tagged ‘ Vinacomin ’

Vietnam to start alumina production in Nov: Vinacomin 

September 9, 2011
Vietnam to start alumina production in Nov: Vinacomin 

  Vietnam’s first alumina refinery would start producing in November, after several delays, and sell an expected 50,000 tons this year directly to clients without any tenders, the company operating the plant said on Friday. Alumina output at the $460 million Tan Rai plant would rise to 350,000 tons next year, around half its projected [...]

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Coal exports make no sense 

June 27, 2011
Coal exports make no sense 

Coal mining in the northern province of Quang Ninh. Vietnam, a major coal exporter, imported its first load of the fuel this month. Vietnam imported its first load of coal this month even as it continues exporting large quantities of the fuel. This is irrational and the country should have stopped exporting it years ago, [...]

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Panel targets mining corruption 

June 1, 2011
Panel targets mining corruption 

  A panel of foreign and local experts have called for improved transparency and accountability in Vietnam’s gas and mining sector A copper mine run by the Vietnam Coal and Mineral Industries Group in the north-western province of Lao Cai. An anti-corruption dialogue on May 25 called for improved transparency and accountability in Vietnam’s gas [...]

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Bauxite plant damages Central Highlands’ roads 

May 27, 2011
Bauxite plant damages Central Highlands’ roads 

A damaged section of Road 723 in Lam Dong Province. Local authorities have blamed the damaged roads on heavy trucks travelling to and from the controversial Tan Rai bauxite mining plant. Several weeks from now, a controversial bauxite mining plant will process its first alumina batch in the Central Highlands. The project has attracted strong [...]

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Vinacomin still aims to sell $500 mln bond: report 

January 18, 2011
Vinacomin still aims to sell $500 mln bond: report 

  Vietnam’s Coal and Mineral Industry Group plans to issue international bonds worth $500 million this year, after delaying the sale last year due to unfavorable conditions, a state-run newspaper said on Monday. The group will apply for government approval to issue bonds to raise funds for major coal, power and bauxite projects this year, [...]

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Bauxite production set to begin next April 

November 9, 2010
Bauxite production set to begin next April 

The red mud lake at the bauxite mining and processing complex in Lam Dong Province Vinacomin, a state-owned mining group, has announced that its bauxite mining and processing complex in the Central Highland province of Lam Dong will begin commercial production this spring. Starting in April, the plant will refine bauxite ore into alumina to be sold to aluminum [...]

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Coal group denounced for pushing up coal delivery costs

January 27, 2010
Coal group denounced for pushing up coal delivery costs

LookAtVietnam – Cement producers have accused the 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 are three times [...]

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EVN proposes four options for electricity price increases

January 12, 2010
EVN proposes four options for electricity price increases

LookAtVietnam – The Electricity of Vietnam (EVN) has submitted four options for electricity price increases. Under the options proposed by EVN, there are four scenarios for electricity price increase in 2010 which would occur depending on the coal price increases set by the Vietnam Coal and Mineral Industries Group (Vinacomin).In Option 1, if the coal [...]

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New power firm to make sector more competitive

January 12, 2010
New power firm to make sector more competitive

The establishment of a new power company, Vincomin Power, would foster competition in the energy sector and benefit consumers, a senior official has said. The goal of the government is to make the power sector more competitive, Ta Van Huong, head of the Energy Department under the Ministry of Industry and Trade, said in an [...]

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Power monopoly seeks higher prices in anticipation of coal hike

January 2, 2010
Power monopoly seeks higher prices in anticipation of coal hike

State-owned Electricity of Vietnam is seeking government approval to raise power prices by up to 13.8 percent from last year following a massive price hike proposal by coal monopoly Vinacomin. In a recent proposal submitted to the Finance Ministry and the Ministry of Industry and Trade, power monopoly EVN wanted to raise retail prices by [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...