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Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR


Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coal production began in 2009 from 40 million to 43 million tons to be from the target that has been planned and set in the previous year.

TKV group said that will increase coal production to meet the targets, with priority given to major customers such as coal power plant, fertilizer industry, paper and cement. And will develop a chain and production facilities, and diversified products for domestic and export market in 2009 and following years.

Until now, the group has requested TKV subsidiary mining to speed up production, develop new mines, expand existing mines, including Vang Danh, and Khanh Hoa Khe Cham, and will begin to invest in coal gasification projects under the ground under the Red River from the I beds.

In the first six months, the group exploited TKV akan 20.3 million tons of coal, down 5 percent, and sold 21.5 million tons, up 3 percent from the same period last year, to meet the target in the coming years.

Source: Asian Mining Stock



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