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Coal sector urged to ensure sufficient domestic supply

The Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin) should focus on increasing production to ensure sufficient domestic coal supply and reduce the risks of an energy shortage.
The Vietnam National Coal and Mineral Industries Holding Corporation(Vinacomin) should focus on increasing production to ensure sufficientdomestic coal supply and reduce the risks of an energy shortage.

Speaking at the January 13 conference on implementing the 2015 tasks,Deputy Prime Minister Hoang Trung Hai said coal exploration andexploitation should work in tandem with development in other localeconomic sectors, such as the environment and tourism.

TheDeputy PM requested Vinacomin apply advanced technology to increaseproductivity and efficiency, evaluate coal in reserves in the Red RiverDelta, while developing projects on aluminium, titanium, and other rareearth minerals.

The sector set a consumption plan of 38million tonnes of coal, including three million tonnes for export, andan output of at least 8.6 billion kWh in 2015, said Vinacomin GeneralDirector Dang Thanh Hai.

The group expanded its productionfrom the outset of this year to meet domestic demand while seeking coalresources for import to fuel power projects and meet domestic demand.

The group also aims to commence operations in two moresubordinate factories, the Nhan Co-Dak Nong Alumin Factory and the CaoBang cast iron and steel production Complex in the second half thisyear. It also focuses on increasing copper, ferrochrome, zinc, and tinproduction capacity, among others.-VNA

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