Vinacomin’s bauxite-alumina project records $162 million loss

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Báo Đầu Tư English 4 month(s) ago

The Tan Rai bauxite-alumina complex in Lam Dong, invested by Vietnam National Coal and Mineral Industries Group (Vinacomin), has been suffering huge losses since its start of operations.

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Developer remains upbeat as Vietnam’s bauxite project logs $165mn loss

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Báo Tuổi Trẻ English 4 month(s) ago

A bauxite megaproject in Vietnam’s Central Highlands has been making losses totaling VND3,696 billion (US$165 million) in the last three years, but the developer is unconcerned, believing that it will start generating profits in 2017.

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Vinacomin’s two grave missteps

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Báo Đầu Tư English 5 month(s) ago

Vietnam National Coal and Mineral Industries Group (Vinacomin) has invested millions of dollar into two alumina plants in Vietnam. However, these plants seem to be failing expectations.

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Vietnam’s Central Highlands’ environment jeopardised by alumina plants

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Báo Đầu Tư English 12 month(s) ago

Vietnam’s Central Highlands’ environment jeopardised by alumina plants

The broken chemical pipe system incident at Vinacomin-Dak Nong Aluminium Company’s Nhan Co alumina plant in the Central Highland’s province of Dak Nong has raised concerns about environmental pollution in the region.

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Scientists blame Tan Rai bauxite pipeline crack on Chinese technology

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VietnamNet English 18 month(s) ago

Scientists blame Tan Rai bauxite pipeline crack on Chinese technology

VietNamNet Bridge - The problem at Tan Rai bauxite pipeline lies in the technology and the low-quality of the pipeline. This is why it broke down four years after the factory opened, according to Nguyen Van Ban, former senior executive of the Vietnam Coal & Mineral Industries Group (Vinacomin).

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Concerns grow over impact of mining activities

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Báo Dân Trí English 22 month(s) ago

Concerns grow over impact of mining activities

Mining and vague regulations are having an adverse impact on residents and the environment across Vietnam.

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Vinacomin wants environment fee on bauxite projects slashed

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VietnamNet English 25 month(s) ago

Vinacomin wants environment fee on bauxite projects slashed

VietNamNet Bridge – Vietnam National Coal and Mineral Industries Group (Vinacomin) has again proposed the Ministry of Finance cut the environmental protection fee on its bauxite projects by 90%.

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Vinacomin wants environment fee on bauxite projects slashed

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VOV News English 25 month(s) ago

Vinacomin wants environment fee on bauxite projects slashed

Vietnam National Coal and Mineral Industries Group (Vinacomin) has again proposed the Ministry of Finance cut the environmental protection fee on its bauxite projects by 90%.

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MOIT, experts disagree on bauxite projects

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VietnamNet English 27 month(s) ago

MOIT, experts disagree on bauxite projects

VietNamNet Bridge - The Ministry of Industry and Trade (MOIT) has said the Tan Rai and Nhan Co bauxite projects are highly efficient, but scientists say they will cause serious consequences.

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New logistics project to serve Tan Rai bauxite complex

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VietnamPlus English 28 month(s) ago

The People’s Committee of Central Highlands province of Lam Dong has recently approved a logistics project to serve the Tan Rai bauxite-alumina complex in the province.

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After many years, Vietnam authority, investor still struggle to justify bauxite plants

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Báo Thanh Niên English 29 month(s) ago

After many years, Vietnam authority, investor still struggle to justify bauxite plants

The government has ordered the industry ministry and the Vietnam National Coal and Mining Industries Group (Vinacomin) to submit clarifications for questions raised by local scientists about the country’s first and only two bauxite refinery plants.

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Chinese technology may kill bauxite projects: scientists

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VietnamNet English 30 month(s) ago 5 related news

Chinese technology may kill bauxite projects: scientists

The warning about losses that could be incurred by the two bauxite projects in the Central Highlands has become a reality. The Tan Rai bauxite project is predicted to take a loss of VND460 billion in the first three years of operation, while Nhan Co would incur a loss of VND3 trillion over six years.

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Ministry says bauxite projects likely to incur initial losses

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Báo Đầu Tư English 30 month(s) ago 5 related news

Ministry says bauxite projects likely to incur initial losses

The two bauxite mining and processing projects in the Central Highlands Province of Lam Dong, which became operational in October 2013, would incur losses for four to five years.

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Ministry says bauxite projects likely to incur initial losses

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VietnamNet English 30 month(s) ago 5 related news

The two bauxite mining and processing projects in the Central Highland Province of Lam Dong, which became operational in October 2013, would incur losses for four to five years.

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Ministry says bauxite projects likely to incur initial losses

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Báo Dân Trí English 30 month(s) ago 5 related news

Ministry says bauxite projects likely to incur initial losses

The two bauxite mining and processing projects in the Central Highlands Province of Lam Dong, which became operational in October 2013, would incur losses for four to five years.

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