Domestic demand for coal is expected to grow rapidly during the last quarter of 2014, the Vietnam National Coal and Mineral Industries Group (Vinacomin) forecast during a conference on October 7 in the northern province of Quang Ninh.
The conference heard that in the first three quarters, Vinacomin’s members maintained produced 25.6 million tonnes of coal end products, fulfilling 75 percent of the yearly target.
During the same period, the group sold a total of 26.2 million tonnes of coal, of which 4.8 million tonnes were exported.
Since the domestic market is seeing signs of recovery, especially during the dry season when there will be a higher demand for coal to power thermoelectricity plants, new cement projects and other coal consuming facilities.
This year, Vinacomin plans to sell 35.5 million tonnes of coal, including 6.5 million tonnes for exports.
To achieve its goal, the group has implemented numerous policies and addressed all arising challenges promptly, while accelerating production to meet the market demand during the dry season.-VNA
The conference heard that in the first three quarters, Vinacomin’s members maintained produced 25.6 million tonnes of coal end products, fulfilling 75 percent of the yearly target.
During the same period, the group sold a total of 26.2 million tonnes of coal, of which 4.8 million tonnes were exported.
Since the domestic market is seeing signs of recovery, especially during the dry season when there will be a higher demand for coal to power thermoelectricity plants, new cement projects and other coal consuming facilities.
This year, Vinacomin plans to sell 35.5 million tonnes of coal, including 6.5 million tonnes for exports.
To achieve its goal, the group has implemented numerous policies and addressed all arising challenges promptly, while accelerating production to meet the market demand during the dry season.-VNA
