Vietnam Firm Allowed to Export IronOre

4:58:22 PM | 1/16/2009

The Ministry of Industry and Trade (MoIT) has allowed the Thang Long Minerals and Metallurgy Joint Stock Company to export 140,000 tons of iron ore in stock.
 
The permission was made after the MoIT failed to request domestic steelmakers to buy 100,000 tons of stockpiled iron ore of the company.    
 
Earlier in October 2008, the MoIT said iron ore mines and mine sites in northern Phu Tho province are to serve the domestic metallurgy industry, not allowed for exports. (Liberation Saigon)