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VietNamNews

Coal industry formulates new strategy

Update: January, 13/2012 - 10:35

HA NOI — Prime Minister Nguyen Tan Dung on Monday issued a new long-term strategy to develop the coal industry, under which the country would produce 45-47 million tonnes of coal this year, increasing to 55-58 million tonnes by 2015 and 75 million tonnes by 2030.

Most of the coal during 2012-15 would be exploited from mines in the northeastern region. Thereafter, trial exploitation near the Hong (Red) River would add roughly 500,000 to a million tonnes to total annual output by 2020.

To meet the target, ministries and agencies will review mining operations in the northeastern province of Quang Ninh to facilitate sufficient transport and port facilities while ensuring the environmental protection of the area.

The strategy also calls for coal to be used as material for metallurgical and chemical industries.

The Government previously approved a strategy to develop the country's mineral resources through 2020, with a vision to 2030, with the aim to combine mineral exploitation with processing to create high value-added products and establish centralised mineral processing parks focused on coal, bauxite, rare earths, lead and zinc. — VNS

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