Vietnam Firm Invests US$200 Mln in Alumina Plant in Central Highlands
Alumin Nhan Co Joint Stock Company, an affiliate of the state-run Vietnam Coal & Mineral Group (Vinacomin), is investing US$200 million to build an alumina-bauxite complex in central highlands Dak Nong province.
Once in place in 2010, the facility is expected to churn out 300,000 tons of alumina annually, reported the weekly magazine published by the Ministry of Industry and Trade.
It will be the second alumina production facility of Vietnam after the bauxite-alumina complex, set to produce 600,000 tons of alumina early, in central highland Lam Dong province’s Bao Lam district, the magazine noted.
The Vietnamese government planned to build three more alumina factories in Dak Nong from now to 2015, each of them will have annual capacity ranging from 1.5 million tons to 2 millions tons, added the magazine. It did not give investment sum of the later three. (Industrial Magazine)