Nhan Co aluminum plant surpasses yearly target

Nhan Co aluminum plant under the Vietnam National Coal – Mineral Industries Group (Vinacomin)’s Dak Nong aluminum company produced 501,000 tonnes of aluminum during its first year of operation.
Nhan Co aluminum plant surpasses yearly target ảnh 1Nhan Co aluminum plant (Source: VNA) 
Dak Nong (VNA) - Nhan Coaluminum plant under the Vietnam National Coal – Mineral Industries Group (Vinacomin)’sDak Nong aluminum company produced 501,000 tonnes of aluminum during its firstyear of operation, 104 percent of its target. 

Construction of the plant started in theCentral Highlands province of Dak Nong in June 2007 with total investment ofmore than 16.8 trillion VND (740 million USD) and total capacity of 650,000tonnes per year. In late 2016, it began test operations and churned outcommercial products.

Its products are mostly exported to Japan,the Republic of Korea, Hong Kong (China), Singapore, the United Arab Emiratesand Switzerland. With more than 98.6 percent of alumina content, its aluminum productsare popular worldwide.

In the domestic market, aluminum and hydrateare sold to the South Mining Chemical Industry Company, the Chuan Kuo ceramicsJSC and My Le company.

This year, the Dak Nong aluminum companyearned nearly 185 million USD from aluminum exports, contributing 240 billionVND (10.6 million USD) to the State budget, up 136 billion VND (6.04 million USD)from 2016.

According to the Dak Nong Department ofIndustry and Trade, the province’s industrial production value rose by 40percent annually and export revenue hit a record 1 billion USD, 13 percent ofwhich was from aluminum exports.

The Dak Nong aluminum company aims toproduce 580,000 tonnes of aluminum in 2018.-VNA
VNA

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