Vinacomin targets coal sales of 40 million tonnes

October 11, 2012 | 15:54
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The Vietnam National Coal and Mineral Industries Group (Vinacomin) has set a target of producing 12.3 million tonnes of coal in the fourth quarter of this year in a bid to achieve sales of about 40 million tonnes this year.

Despite encountering several business difficulties, Vinacomin was still able to produce 33.2 million tonnes of coal during the first nine months, a volume equivalent to 68 per cent of the yearly target.

Vinacomin has exported 9.5 million tonnes of coal so far this year. The Group’s total revenue in the first nine months reached VND60.4 trillion.

Apart from coal products, the Group produced 471 million tonnes of bar tin, over 5,000 tonnes of zinc, almost 35,000 tonnes of fine bronze ore and over 6,000 tonnes of plate bronze, 4,555 million KWh of power and other mechanical products.

VIR/VNA

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