September 08, 2008

Construction starts on manganese unit in Vietnam

VNS reported that construction of the VND 200 billion (USD 12.5 million) electrolytic manganese dioxide factory in Trung Khanh District of Cao Bang Province of Vietnam began on Saturday. The factory is expected to be operational in the second quarter of 2009.

The factory, lauded the biggest mineral processing project in Cao Bang Province to date, will have annual production capacity of 10,000 tonnes. Most equipment and technology at the plant was transferred from Japan’s Tokyo Boeki Steel and Materials Company.

Once operational, 99.6% of the factory’s products will be exported to Japan and European markets, making it the first mineral processing factory in the province to focus production on exports.

Construction of the plant is expected to lay the foundations for a high tech metallurgy zone, which will help boost economic and social development in the border district of Trung Khanh as well as create jobs for hundreds of local laborers.