Vietnam plans to raise bauxite production
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Update time : 2023-08-11 19:52:50
Vietnam’s Ministry of Industry and Trade said the government is planning to build three new bauxite mining locations in northern regions, including one in Lang Son province and two in Cao Bang province. The combined capacity will be able to reach 1.55-2.25 million tons per year.
Besides, the Vietnamese government will also explore the potential of mining 68-112.2 million tons of bauxite every year in four central highlands provinces.
Vietnam has bauxite reserves of 5.8 billion tons, ranking second in the world, according to US Geological Survey. Guinea ranks first with 7.4 million tons of reserves.
Vietnam will continue to invest in new mines and maintain or raise the mining operation capability, aiming for an annual mining volume of 72.3-118 million tons.
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