Illustrative Image (Source :VNA)An iron and steel complex with annual an capacity of 220,000 tonnes of steel billet officially went into service in the northern mountainous of Cao Bang on October 13.
The project, which kicked off in 2012 with a total capital investment of over 1.9 trillion VND (86 million USD) by the Cao Bang Iron and Steel Joint Stock Company, covers more than 79 hectares in Chu Trinh commune of Hoa An district.
The complex includes a factory producing sintered ore, an iron metallurgy mill, a steel metallurgy mill and a oxygen factory. It uses iron ore from the Na Rua mine, located about 7 kilometres from the factories.
Once operational, the complex will employ and provide stable incomes for over 1,500 locals together with about 10,000 direct and indirect jobs for others, according to Director of the company Nong Minh Huyen.-VNA.
