Vinacomin (Vietnam National Coal and Mineral Industries Group, vi, Tập đoàn công nghiệp Than và Khoáng sản Việt Nam (TKV), links=no) is a Vietnamese
mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the econom ...
company. The industrial conglomerate focuses on
coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen.
Coal is formed when ...
and mineral mining and has headquarters in
Hạ Long
Hạ Long () is the capital city and first-class provincial city of Quảng Ninh province, Vietnam. The name Hạ Long () means "descending dragon". The city was founded in 1993, when the old capital, Hòn Gai, was merged with Bãi Cháy – ...
,
Quảng Ninh Province.
History
Vinacomin was created by the merger of the Vietnam Coal Corporation (Vinacoal) and Vietnam Minerals Corporation. Vinacoal was established in 1995 through the merger of all Vietnam's coal exploitation and processing companies.
[
]
Operations
Vinacomin operates within many different sectors, such as coal exploitation, processing and selling,
explosive
An explosive (or explosive material) is a reactive substance that contains a great amount of potential energy that can produce an explosion if released suddenly, usually accompanied by the production of light, heat, sound, and pressure. An expl ...
and
cement
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel (aggregate) together. Cement mixe ...
production, shipbuilding, automobile manufacturing, tourism, hotels, financing, services and
power generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...
in
thermal power plant
A thermal power station is a type of power station in which heat energy is converted to electrical energy. In a steam-generating cycle heat is used to boil water in a large pressure vessel to produce high-pressure steam, which drives a steam ...
s, including the Cao Ngan thermal power station (the main contractor being China's
Harbin
Harbin (; mnc, , v=Halbin; ) is a sub-provincial city and the provincial capital and the largest city of Heilongjiang province, People's Republic of China, as well as the second largest city by urban population after Shenyang and largest c ...
) and Na Duong thermal power station (the main contractor being Japan's
Marubeni
(, OSE: 8002, NSE: 8002) is a '' sōgō shōsha'' (general trading company) headquartered in Nihonbashi, Chuo, Tokyo, Japan. It is one of the largest ''sogo shosha'' and has leading market shares in cereal and paper pulp trading as well as a s ...
).
[
Vinacomin currently has five ]open-pit mines
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow.
This form of minin ...
with a capacity of more than 2 million tonnes, including Cao Son, Deo Nai, Coc 6, Ha Tu and Nui Beo. It also has 15 other open-pit mines with a processing capacity of 100,000 tonnes to 1 million tonnes per year.[
]
Vinacomin plans in cooperation with Marubeni and Linc Energy
Linc Energy was an Australian energy company that specialised in coal-based synthetic fuel production, as well as conventional oil and gas production. It was engaged in development and commercialisation of proprietary underground coal gasifica ...
of Australia to exploit bituminous coal
Bituminous coal, or black coal, is a type of coal containing a tar-like substance called bitumen or asphalt. Its coloration can be black or sometimes dark brown; often there are well-defined bands of bright and dull material within the seams. It ...
reserves in the Song Hong Delta using underground coal gasification technology.[
]
Vinacomin conducts mining operations
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viab ...
on one of the world's largest bauxite
Bauxite is a sedimentary rock with a relatively high aluminium content. It is the world's main source of aluminium and gallium. Bauxite consists mostly of the aluminium minerals gibbsite (Al(OH)3), boehmite (γ-AlO(OH)) and diaspore (α-AlO ...
deposits in the Central Highlands region.[
]
See also
*Coal mining
Coal mining is the process of extracting coal from the ground. Coal is valued for its energy content and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from ...
*Energy in Vietnam
Vietnam is a dynamic developing economy with a relatively high growth rate. The energy sector plays a key role in promoting the country's socio-economic development. Vietnam has a diverse energy fuel resource of various types such as coal, natur ...
*Bauxite mining in Vietnam
According to the United States Geological Survey, Vietnam is estimated to hold the world's third-largest bauxite ore reserves, after Guinea and Australia. The majority of Vietnam's reserves are located in the Central Highlands (Tây Nguyên) and h ...
References
External links
Vinacomin CaoSon Coal JSC at Hanoi Securities Trading CenterVinacomin Coc Sau Coal JSC at Hanoi Securities Trading CenterVinacomin DeoNai Coal JSC at Hanoi Securities Trading CenterVinacomin Nui Beo Coal JSC at Hanoi Securities Trading Center
{{Authority control
Companies listed on the Hanoi Stock Exchange
Coal companies of Vietnam
Companies established in 1995