Vinacomin's investment will primarily target the Central Highlands province of Dak Nong, where two bauxite exploration projects and five refining projects are slated to commence. Notably, the state-run firm aims to elevate the alumina capacity of its Nhan Co Alumina complex to an impressive 2 million tonnes annually, up from its current output of 650,000 tonnes.
Furthermore, the nearby bauxite-alumina-aluminium Dak Nong complex is poised to witness a tripling in capacity, with projections reaching 2 million tonnes of alumina and 0.5-1 million tonnes of aluminium per year.
Egypt Aluminum sees a double-digit hike in net profit during the nine-month period of FY2024
