More than 4,000 tonnes of commercial copper was produced in the first six months of 2011, reaching 55 percent of the year’s target, according to Lao Cai Copper Refining Plant.
In addition, bullion products reached 51% of the year’s target, silver ingot products reached 55% and sulfuric acid products reached 50% of the year’s aim.
Total turnover of production reached VND 400 billion in the first six months, contributing nearly VND 23 billion to The State budget. The average income of an employee is VND 7 million per month, the highest wage paid by the company yet.
In order to achieve these results, Lao Cai Copper Refining Plant implemented a policy of paying a flat rate for products and created ideal conditions for employees to work in an innovative and creative way.
The plant is able to produce 10,000 tonnes of copper per year, which fulfils one third of the country's demand for copper.