Tiếng Việt
Tiếng Anh08:14 | 10/03/2025
Vice Chairman of Binh Phuoc Provincial People's Committee Tran Van Mi has just signed Decision No. 168/QD-UBND approving the investment policy and co-approving the investor of the Binh Phuoc Alumina Processing and Production Project belonging to the Bauxite mining, ore selection and Alumina processing and production complex (Binh Phuoc Alumina Project).
Illustrative photo
The Binh Phuoc Alumina Project has a total land use area of about 299.9 hectares, in the communes of Nghia Binh, Nghia Trung, Thong Nhat and Duc Lieu (Bu Dang district), with a design capacity of about 2 million tons of Alumina/year. The total investment capital is about VND 22,780 billion (equivalent to USD 911.2 million); of which, the investor's contributed capital is about VND 6,834 billion, equivalent to about USD 273.36 million; mobilized capital is about VND 15,946 billion, equivalent to about USD 637.84 million.
The construction implementation and completion time for basic construction is within 5 years, from the date of land allocation and issuance of the Construction Permit, expected from the second quarter of 2026 to the first quarter of 2030; from the second quarter of 2029 to the fourth quarter of 2031.
This project is expected to create a breakthrough in the province's mining industry, while contributing to increasing the value of the alumina production chain in Vietnam.
The investor of the Binh Phuoc Alumina Project is Binh Phuoc Ore Mining Joint Stock Company, established in 2008, operating mainly in the field of mining other non-ferrous metal ores. As of February 2014, the Company has 2 shareholders, An Vien Joint Stock Company (62%) and an individual living in Hai Ba Trung District, Hanoi (30%).
Currently, the legal representative and Director of Binh Phuoc Ore Mining Joint Stock Company is Mr. Phan Thanh Nam (born in 1977). In addition, Mr. Nam is also the owner of Dai Phuc Minerals JSC - a company established in early 2022 with 3 individuals: Hoang Thanh Hang (40.36%), Nguyen Thuy Trang (23.84%), and a foreign individual with the same permanent residence as the shareholder holding 30% of the capital of Binh Phuoc Ore Mining.
After the investment policy is approved and the project investor is approved, Binh Phuoc Ore Mining JSC will coordinate with local authorities to implement compensation, support, and resettlement; advance funds to implement compensation, support, and resettlement in accordance with the provisions of law./.
Source: Doanhnhan.baophapluat.vn
