President asks to protect environment in bauxite exploitation

State President Nguyen Minh Triet has emphasised necessity in ensuring socio-economic efficiency and protecting the environment in bauxite exploitation and processing.
State President Nguyen Minh Triet has emphasised necessity in ensuring socio-economic efficiency and protecting the environment in bauxite exploitation and processing.

While working with the Nhan Co Alumina Joint Stock Company in Dak R’Lap district of the Central Highlands province of Dak Nong on Jan. 7, President Triet affirmed that the bauxite exploitation and processing project is the Party and State’s priority to exploit natural resources to serve national development in industrialisation and modernisation, thus helping to improve lives in the Central Highlands.

The State leader also asked investors to select the best plan for tapping and processing bauxite and to consider exporting processed aluminium products instead of raw materials.

Investors should prioritize building infrastructure and seeking measures dealing with red mud or bauxite residue to prevent environmental pollution, he noted.

Located in the Nhan Co Alumina industrial zone in Nhan Co commune, the Nhan Co alumina refinery and bauxite mine complex has an investment capital of nearly 12 trillion VND through the Vietnam National Coal-Mineral Industries Group (Vinacomin).

The Nhan Co alumina refinery has in its first phase an annual capacity of 650,000 tonnes of alumina, a white powder for producing aluminium, and is likely to produce 1.2 million tonnes in the second phase.

Vinacomin said that it is expected to attain an annual turnover of 4 trillion VND and an annual profit estimated at 446 billion VND. At present, the facility generates 1,350 jobs for local workers./.

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