Subsidiaries of the Vietnam National Coal and Mineral Industries Group (Vinacomin) churned out a total 14.86 million tonnes of crude coal in the first four months of 2019, a year-on-year rise of 11 percent (Photo: VNA)Hanoi (VNA) – Subsidiaries of theVietnam National Coal and Mineral Industries Group (Vinacomin) churned out atotal 14.86 million tonnes of crude coal in the first four months of 2019, ayear-on-year rise of 11 percent, the group said on May 3.
It sold 14.54 million tonnes and producedmore than 445,500 tonnes of aluminium in the period. The group also generated3.55 billion kWh of electricity in the four months.
As a result, Vinacomin’s aggregatedrevenues came to nearly 43 trillion VND (1.86 billion USD) in the four months.
In April alone, its member companiesproduced nearly four million tonnes of coal, reaching the amount for the secondconsecutive month.
In May, the company targets a coal outputof between 3.8 and 4 million tonnes, as well as 116,000 tonnes of aluminium and900 million kWh of electricity.
Vinacomin has set the goal of exploiting 40million tonnes of coal in 2019 while consumption demand is forecast at 42million tonnes. As much as 31.9 million tonnes will be supplied for electricitygeneration. The group plans to import 4 million tonnes to meet the demand.
Vinacomin’s coal production output was36.95 million tonnes last year with sales of 40.5 million tonnes.-VNA
It sold 14.54 million tonnes and producedmore than 445,500 tonnes of aluminium in the period. The group also generated3.55 billion kWh of electricity in the four months.
As a result, Vinacomin’s aggregatedrevenues came to nearly 43 trillion VND (1.86 billion USD) in the four months.
In April alone, its member companiesproduced nearly four million tonnes of coal, reaching the amount for the secondconsecutive month.
In May, the company targets a coal outputof between 3.8 and 4 million tonnes, as well as 116,000 tonnes of aluminium and900 million kWh of electricity.
Vinacomin has set the goal of exploiting 40million tonnes of coal in 2019 while consumption demand is forecast at 42million tonnes. As much as 31.9 million tonnes will be supplied for electricitygeneration. The group plans to import 4 million tonnes to meet the demand.
Vinacomin’s coal production output was36.95 million tonnes last year with sales of 40.5 million tonnes.-VNA
VNA
