Coal - Mineral

According to information of Vinacomin, although Covid-19 pandemic impact, in the first 8 months of 2020, the production and business results of the group have reached: crude coal production of 27.06 million tons, coal sale of 30.74 million tons, soil and rock shoving of 130.81 million m3 increased by 27% in comparison with the same period of the last year, pit digging of 167.711m, aluminum production of 943.149 equivalent tons, electricity generation of 7.1 billion kWh, total turnover of 84.864 billion VND, profit of 1,300 billion VND and the budget payment of 12,900 billion VND increased by 3% over the same period of 2019.

The Northern Coal Trading Joint Stock Company (Vietnam National Coal – Mineral Industries Group - Vinacomin) has just received a coal bulk cargo shipment imported directly from IMI FUELS LLC (USA). This is the first shipment of coal imported from the United States to Vietnam.

During the term 2015-2020, the Party Committee of Vietnam Coal and Mineral Industry Group (Vinacomin) has renovated and strongly promoted the scientific and technological development as application of mechanization, automation and computerization in the production and business activities.

Vietnam National Coal and Mineral Industries Group (Vinacomin) informed that despite April was a peak month in the Covid-19 pandemic prevention by direction of the Prime Minister on the social spacing, the Vinacomin maintained stably the production and business activities and also well controlled and carried out the pandemic prevention.

According to the project “The Energy Development Planning in Vietnam to 2025 with a vision up to 2035”, the primary energy demand has a number of changes: The energy development scenario (Proposed Scenario - PS) in planning period based on the GDP growth scenario in 2016 – 2035 at an average level of 7%/year in combining with energy saving rates (ESR) compared to business- as-usual (BAU) energy development scenario as 4.1% in 2020, 5.9% in 2025, 8.1% in 2030 and 10.0% in 2035, and a 15% CO2 reduction target by 2030.

On March 24, 2020, Mr. Le Minh Chuan, Chairman of the Member Council of Vietnam National Coal and Mineral Industries Group (Vinacomin) signed the decision to appoint Mr. Phan Xuan Thuy - The Head of Mining Engineering-Technological Department to position of Vinacomin Deputy General Director with a term of 5 years since April 02, 2020.

The State Capital Management Committee in the Enterprises (SCMC) has just issued Decision No.77-QD/ UBQLV to approve 2020 production, business and development investment plans for parent company - Vietnam Coal and Mineral Industries Group (Vinacomin).

On January 10, Deputy Prime Minister (DPM) Trinh Dinh Dung attended the Conference to summarize the work of 2019 and deploy the tasks of 2020 of Vietnam Coal and Mineral Industry Group (Vinacomin). At the conference, the DPM assigned Vinacomin to carry out eight key tasks in 2020.

In the morning of December 26, in Quang Ninh province, Vietnam Coal and Mineral Industry Group (Vinacomin) held a conference for deploying the production and business plans and signing contracts to implement the plans in 2020.

At the commemoration of "30 years of the first ship of Hon Gai Anthracite coal for iron and steel production in Japan”, a working meeting between the leaders of Vietnam National coal and mineral industries Group (Vinacomin) and Japan iron and steel companies.

During the visit of the Deputy Prime Minister Vuong Dinh Hue to the Republic of South Africa in early November, Deputy Minister of Industry and Trade Dang Hoang An asked South Africa to clarify the regulations related to allowing the foreign investors, including Vietnamese enterprises to buy coal mines in this country.

The Vietnam National Coal and Mineral Industries Group (Vinacomin) informed: Mao Khe project with a pit level of -150m will generate coal in 2021. This is a pit coal mine with a continuous exploiting process of 65 years (from 1954) and a total coal production of nearly 60 million tons.

Vietnam National Coal and Mineral Industries Group (Vinacomin) has just held a meeting to review and promote exploratory and surveying activities of Vinacomin in the period of 2019-2020 and 5-year plan of 2021-2025.

According to information from Vietnam National Coal and Mineral Industries Group (Vinacomin), in 2019 the coal demand for the thermal power plants reaches the highest level ever. From the beginning of the year so far, Vinacomin provides customers with an average of over 100,000 tons per day including holidays and Tet days.

Pursuant to Document No. 1437 / UBQLV-TCCB, dated September 25, 2019 of the State Capital Management Committee at Enterprises (UBQLV) on agreement to re-appoint the General Director of Vietnam National Coal - Mineral Industries Group (Vinacomin), the Group Member Council issued Decision No. 1728/QD-TKV to re-appoint Mr. Dang Thanh Hai to the position of General Director of Vinacomin.