US$1.6 billion bauxite plant to be built in Binh Phuoc

The Viet Nam Coal and Minerals Group will invest US$1.6 billion into a bauxite and limestone plant in central Binh Phuoc province.

Limestone reserves will be used in the province to produce alumina for export.

Binh Phuoc province¡¯s limestone reserves currently sit at 380 million tonnes in Ta Thiet and some 87 million tonnes in Loc Ninh district¡¯s Thanh Luong area. In addition, the province has a bauxite mine with estimated reserves of 350 million tonnes.

The coal group also plans to build a railway route connecting with material areas in the neighbouring provinces of Dak Nong and Binh Thuan.

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