Vinacomin mines 24.58 million tonnes of coal in 8 months

09:12 | 25/09/2017 Industry

The Vietnam National Coal and Mineral Industries Group (Vinacomin) has produced 24.58 million tonnes of coal in the first eight months of the year, accounting for 68.3 percent of the annual plan.

Coal at a mine in Quang Ninh province - Photo: VNA

Of the total output, 21.38 million tonnes were consumed domestically while 866,000 tonnes were exported, raking in over 35.3 trillion VND (1.55 billion USD) in revenue.

In September, the group plans to mine 2 million tonnes of coal and sell 2.5 million tonnes, including 2.34 million tonnes in the domestic market and 155,000 tonnes for export.

Building a production and business plan for 2018 in accordance with the market demand and rational inventory balance will be the main target of the group. Vinacomin will pay due attention to its restructuring, with a focus placed on renovating techniques and technologies, organisation and management system, finance and workforce.

In addition, Vinacomin will also tighten management of natural resources and product quality, and join hands with local authorities to prevent coal losses.

Theo VNA