09 SEPTEMBER 2011Reuters Africa
Vietnam to start alumina production in Nov-Vinacomin
Edited by : AL CIRCLE
1 min read
Vietnam's first alumina refinery would start producing in November, after several delays, and sell an expected 50,000 tonnes this year directly to clients without any tenders, the company operating the plant said on Friday.
Alumina output at the $460 million Tan Rai plant would rise to 350,000 tonnes next year, around half its projected annual capacity, said Chief Executive Officer Le Minh Chuan of Vietnam National Coal and Mineral Industries Group, adding that no tenders had been planned yet.
"Vinacomin will give priority to the clients who are committed to signing long-term contracts to buy alumina," Chuan said in a written reply to Reuters.
Vinacomin and China's Yunnan Metallurgical Group (YMG) have a 30-year agreement under which the Vietnamese firm would sell 600,000-900,000 tonnes of alumina a year to Yunnan Metallurgical to feed its smelter Yunnan Aluminium Industry Co Ltd.
Alumina output at the $460 million Tan Rai plant would rise to 350,000 tonnes next year, around half its projected annual capacity, said Chief Executive Officer Le Minh Chuan of Vietnam National Coal and Mineral Industries Group, adding that no tenders had been planned yet.
"Vinacomin will give priority to the clients who are committed to signing long-term contracts to buy alumina," Chuan said in a written reply to Reuters.
Vinacomin and China's Yunnan Metallurgical Group (YMG) have a 30-year agreement under which the Vietnamese firm would sell 600,000-900,000 tonnes of alumina a year to Yunnan Metallurgical to feed its smelter Yunnan Aluminium Industry Co Ltd.
Previous article
Inalum Alumina Raw Material Supply
Next articleProtest Ends at RUSAL Guinea Plant, Ops Normal
Grow with
AL Circle
