Nui Phao Mining and Mineral Processing Co., Ltd (Nui Phao Mining) has poured over 17.5 trillion VND (833 million USD) into a mining and mineral processing project which has been implemented in Dai Tu district, the northern province of Thai Nguyen since 2010.

Of the amount, 15 trillion VND (714 million USD) was spent on mining infrastructure and the remaining was used for site clearance and resettlement support.

After two years of official operation, Nui Phao Mining has become one of the leading miners in the country which generates trillions of VND in revenue and provides jobs for more than 1,000 workers, said the company’s Deputy General Director Vu Hong.

It was one of the 40 companies in Vietnam honoured as the most outstanding enterprises in the Asia-Pacific region, he added.

In addition to production activities, Nui Phao Mining has also paid attention to supporting residents affected by its projects with a total assistance of 2.5 billion VND (119,000 USD) in 2014.

According to Hong, this year, the company will focus on producing and exporting its four main products of tungsten, bronze, bismuth and fluorite while bettering resettlement and job creation for relocated people, and developing a high-quality workforce.-VNA