PM asks bauxite mining industry to develop sustainably

The project, invested in by the Vietnam Coal-Mineral Industries Group (Vinacomin), aims to extract more than 4.3 million tonnes of bauxite per year during the first phase.

The project boasts a plant that can sort 1.6 million tonnes of ore annually and a processing plant that can produce 650,000 tonnes of aluminium per year. When inspecting the construction site, PM Dung requested the investor and the contractors to ensure the planned pace of construction and to put the plants into operation on schedule.

The PM highlighted that Vietnam possesses bauxite reserves estimated at around 5.5 billion tonnes, mainly located in the Central Highlands and that the mining of this mineral will bring great profits to the country. He said that since 2005, the government has permitted the relevant agencies to work together to tap this natural resource, which is the country’s first project involving bauxite mining and the aluminium industry. The PM lauded the Lam Dong authorities for smoothing the way for site clearance and provision of settlements for those who had to relocate.