China-based Guangxi Investment Group explores bauxite collaboration in Northern Vietnam

Guangxi, a key hub for China’s aluminium industry, is actively pursuing collaboration with Vietnam’s Cao Bang province in aluminium mining and processing. During recent meetings, Guangxi officials have consistently highlighted their interest in partnering with Cao Bang for the exploration, production, and development of aluminium-based products.

On Monday, Quan Minh Cuong, Secretary of the Cao Bang Party Committee, met with representatives from Guangxi Investment Group a wholly state-owned enterprise comprising 270 subsidiaries and employing 32,000 workers. Cuong welcomed Guangxi’s interest and collaborative approach, while emphasising the critical importance of environmental protection and effective waste management in mineral mining and processing, especially in the case of bauxite.

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Cuong also pointed out the challenges in accurately assessing ore reserves due to inconsistent survey data, stressing the need for comprehensive exploration to support an effective and sustainable mining strategy. He suggested adopting flexible cooperation models such as joint ventures or partnerships involving capital and technical support tailored to the specific conditions and capacities of the region.

In response, Guangxi Investment Group reaffirmed its commitment to utilizing advanced technologies in its operations. The company highlighted its development of a treatment system that can reduce red mud discharge by 30 per cent. It also expressed plans to conduct exploration activities across several northern provinces of Vietnam, including Cao Bang, to evaluate the feasibility of future mineral development projects.

Image Source: baocaobang.vn.

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