October 07, 2008
Vietnam Coal to build bauxite plant in Binh Phuoc
Vietnam News Agency reported that Vietnam Coal and Minerals Group would invest USD 1.6 billion into a bauxite and limestone plant in central Binh Phuoc province. Limestone reserves will be used in the province to produce alumina for export.
Binh Phuoc province’s limestone reserves currently sit at 380 million tonnes in Ta Thiet and some 87 million tonnes in Loc Ninh district’s Thanh Luong area. In addition, the province has a bauxite mine with estimated reserves of 350 million tonnes.
Viet Nam Coal and Minerals Group also plans to build a railway route connecting with material areas in the neighboring provinces of Dak Nong and Binh Thuan.
