Green light given to KSA titanium plant
Photo source Cafef.vn
The plant, located on 10.5 hectares in the Thanh Hai Industrial Cluster, plans to produce titanium slag for export to Japan and South Korea, both of which have huge demand.
KSA has been building the infrastructure for the project for four years, from basic design and equipment selection to researching markets and preparing an appraisal for submission to the prime minister.
To ensure material input, KSA acquired shares in companies that have existing mines or were already co-operating with existing mines.
Thang Hai Industrial Cluster was the first in the country to specialise in titanium processing and is considered Vietnam’s first titanium industry hub.
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