ALUMIN AND ALUMINUM INDUSTRIES IN VIETNAM - STRATEGIC VISION

ALUMIN AND ALUMINUM INDUSTRIES IN VIETNAM - STRATEGIC VISION

"There is a need for a further depth and vision for the development of the aluminum and aluminum industry in Vietnam until 2025 and 2030" is a request emphasized by the Prime Minister at the 10-year review meeting of the implementation of Conclusion No. 245 of The Politburo on the zoning of the zoning for exploration, exploitation, processing and use of bauxite for the 2007-2015 period with a vision to 2025 takes place on the morning of April 16.

The overall socio-economic efficiency

Implementing the Conclusion of the Politburo, 2 pilot projects of investment in exploiting and processing bauxite ore into Alumin in Tan Rai, Bao Loc, Lam Dong and Nhan Co in Dak Nong started in 2008 and 2010 initially. economic efficiency. Although deployed at the time, there are many different debates about the exploitation and processing of bauxite in the Central Highlands. When the price of Alumin in the world market was low, but since 2017, Alumin factories started to make profits 1 year earlier than planned. Thanks to the application of modern technologies, the purity of Alumin is higher than designed, with less energy consumption. Both factories strictly comply with the laws on budget, taxes and fees. At the same time, the bank has basically finished paying loan and interest. Vietnam Coal and Minerals Industry Group affirmed that if the world alumin price drops from 12% -17%, both projects will still have economic efficiency.

Discussion about Alumin and aluminum industries in Vietnam
At the meeting, Deputy Minister of Industry and Trade Do Thang Hai said that the two projects basically meet the requirements of the Politburo. In which, the Ministry of Natural Resources and Environment has completed the project of exploring bauxite ores. Accordingly, 2 projects basically satisfy the requirements of environmental protection, in which the safety factor of the red mud lake is 3 times higher, the backfilling and afforestation right after exploitation is done properly. as required. The investor has also built power plants to ensure power supply for 2 plants. “With the results recorded from 2 projects, for the first time, Vietnam basically mastered the aluminum production technology with young human resources, and attracted investors to initially form the Alumin industry and refine. aluminum in Vietnam "- Deputy Minister said. Another important issue is that when the two projects operate, the preservation of the cultural identity of the peoples in the Central Highlands and the national security and national security are still guaranteed. The income of local people has increased highly, on average from 17 million VND / year before 2007, up to now has reached 65 million VND / year.

So:

It can be affirmed that, after 10 years of piloting 2 projects of exploiting and processing bauxite Tan Rai and Nhan Co, it can be said that this is the right policy of the party and the state, bringing overall efficiency in both social - economic, security - defense, making an important contribution to changing the face of the Central Highlands according to the principle of effectively exploiting the potential of this region. Properly assess the potential associated with market supply and demand. The effectiveness of the two projects also gives many valuable experiences in the proactive in policy communication, promoting accountability and the role of the people's supervision. Besides, there is a lesson of correct assessment based on the scientific basis of the potential and supply-demand of some industries. From the above results, it is necessary to take into account plans, as well as mobilize social resources to develop a competitive Vietnamese aluminum and aluminum industries.

Comment from Prime Minister Nguyen Xuan Phuc
Addressing the direction, Prime Minister Nguyen Xuan Phuc requested the Party Committee of the Ministry of Industry and Trade to receive comments from leaders of ministries, branches, especially the opinion of Lam Dong and Dak Nong provinces to complete the report and on behalf of The Party Committee of the Government submits to the Politburo. The Prime Minister also asked, in the future, if the aluminum and aluminum industries are developed on the basis of these two factories, they must be attached to the market, ensuring economic efficiency, because aluminum smelting often requires a lot of electricity. Accordingly, it is necessary to mobilize potential enterprises in many other sectors to invest in projects. "Besides, it is necessary to study and develop the modes of off-road transport from factories in the Central Highlands to the seaports, along with the application of new technology to treat red sludge" - Prime Minister noted. The Prime Minister pointed out that the report should be comprehensive, in-depth and have a further vision for the development of the aluminum and aluminum industry in Vietnam to 2025 and 2030. Because in fact, 2 pilot projects are exploited. Bauxite and Alumin processing Tan Rai and Nhan Co have made certain contributions to the country's economy, attracting investors in the aluminum smelting sector, thereby promoting the development of the mechanical manufacturing industry. equipment and auxiliary chemicals. "These projects have positively contributed to the development of the Central Highlands in recent years, a premise to take into account the expansion of bauxite mining and processing in the Central Highlands when the plan is approved by competent authorities" - The Prime Minister emphasized. Prime Minister suggested that, in order to sustainably develop the aluminum industry and aluminum smelting, special attention must be paid to environmental protection, security, national defense, and social order and safety. Especially said v

The living environment of the Central Highlands people includes mountains, forests, water, unique atmosphere and cultural space of ethnic minorities. Source: Industry and Trade newspaper

Do Thanh Aluminum Joint Stock Company
As one of the pioneering enterprises in the aluminum industry, from the very beginning with his first step into the profession. Those are the steps of science and technology and the enthusiasm of people who have the aspiration to create the future and conquer new heights. With its creativity and constant innovation, Do Thanh has made strong changes in product quality and affirmed its brand stature. Do Thanh always wants to bring the best quality aluminum profiles to satisfy not only the Vietnamese market but also to reach the world.

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