Vietnam aluminum mining to increase exponentially
In this article (4)
The government plans to mine for bauxite, the ore used to produce aluminum, at three new locations in the north.
It plans to develop by 2030 one site in Lang Son Province and two in Cao Bang, the Ministry of Industry and Trade said Wednesday.
Their combined capacity will be within 1.55-2.25 million tons of ore annually.
Besides, at least two existing mines in Lam Dong Province in the Central Highlands will be upgraded to increase production.
The government will also explore the possibility of mining 68-112.2 million tons of bauxite annually in four central highlands provinces.
At 5.8 billion tons, Vietnam has the world’s second-largest bauxite reserves behind only Guinea (7.4 billion), according to the U.S. Geological Survey.
The majority of bauxite in Vietnam is found in the Central Highlands, especially Dak Nong Province.
Questions & Answers
Q.Which provinces are getting new bauxite mining sites by 2030?
Which provinces are getting new bauxite mining sites by 2030?
By 2030, the government plans to develop one new bauxite mining site in Lang Son Province and two in Cao Bang, both located in the north of Vietnam.
Q.What is the planned annual ore capacity for the three new mining sites?
What is the planned annual ore capacity for the three new mining sites?
The combined annual ore capacity for the three new mining sites in Lang Son and Cao Bang provinces is planned to be between 1.55 million and 2.25 million tons.
Q.How do Vietnam's bauxite reserves compare globally?
How do Vietnam's bauxite reserves compare globally?
Vietnam holds the world's second-largest bauxite reserves, estimated at 5.8 billion tons. This places it behind only Guinea, which has 7.4 billion tons of reserves.
Reader pulse
What's the primary impact of this bauxite expansion?
21,870 votes so far