This is Vinacomin’s first project with its subsidiary as the main investor and it is based on advanced pit coal extraction technology gained from Russia.
The project, designed to extract two million tonnes of raw coal annually, is being implemented at a total cost of nearly VND5,400 billion (around US$259.2 million).
Once completed, the project will expand the company’s production area and increase its coal output to satisfy both domestic and regional demands for coal and contribute to the development of Vietnam’s coal industry.