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Vinacomin set to produce 38 million tonnes of coal next year

Dec 24th at 15:28
24-12-2014 15:28:02+07:00

Vinacomin set to produce 38 million tonnes of coal next year

The Viet Nam National Coal and Mineral Industries Holding Corporation (Vinacomin) aims to produce 38 million tonnes of coal in 2015, generating VND57 trillion ($2.7 billion).

 

The figures were revealed by Deputy General Director Nguyen Van Bien at a conference on December 23 in northern Quang Ninh province.

To achieve the target, the group will boost production from the beginning of the year in order to both meet domestic demand and stockpile coal.

It will apply advanced technologies to increase production capacity, productivity and efficiency while actively importing coal and then exploiting resources abroad to feed power projects.

In 2014, Vinacomin's coal production is expected to hit 35 million tonnes, with 7.5 million tonnes exported.

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