Alumina plant expected to stimulate Dak Nong’s economy
The Nhan Co alumina plant in Dak Nong province is expected to stimulate economic development in southern Central Highlands in general and in Dak Nong in particular.
A corner of the Nhan Co Alumina Plant in Dak Nong province. (Source: VNA)
Dak Nong (VNA) – The Nhan Co alumina plant in Dak Nong province is expectedto stimulate economic development in southern Central Highlands in general andin Dak Nong in particular.
The plant, a keyindustrial project invested by Vietnam National Coal-Mining Industries HoldingCorporation Limited (TKV), is slated to start official production in the firstquarter of 2017. The project has total investment of 16.8 trillion VND (754million USD) and a capacity of 650,000 tonnes of alumina per year.
According toHoang Hai Quoc Minh, director of the Dak Nong-TKV Aluminium Company, the NhanCo alumina factory, now in trial run, has produced 60,000 tonnes of alumina and33,000 tonnes of aluminium hydroxide. The company has exported aluminiumhydroxide to Japan and the Republic of Korea in early February.
Meanwhile,alumina will be supplied to the Dak Nong Aluminium Electrolysis Plant, which isnow under construction.
Minh said the NhanCo project marks a turning point in TKV’s mining operation in the CentralHighlands and will significantly boost local GDP growth by contributing to theState budget, creating jobs and increasing local income.
During theconstruction of the plant, the TKV granted scholarships for 766 local youngpeople to receive training, and invested 70 billion VND in building localinfrastructure.
The Nhan Coplant is one of the two trial projects important to the development of thebauxite-alumina-aluminium industry in Vietnam. The other pro𓆏ject is the Tan Raialumina plant, also in the Central Highlands.-VNA
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A corner of the Nhan Co Alumina Plant in Dak Nong province. (Source: VNA)
