During the period, the corporation mined 13.72 million tonnes of coal, up 2 per cent from the same time last year, and generated 3.42 billion kWh of electricity, or 6 per cent higher than its set plan.
Vinacomin announced it is mobilising all necessary resources to undertake two exploration projects and five bauxite-alumina-aluminum projects Đắk Nông Province.
Once operational in 2026, the plant will generate 750 million kWh a year, bolstering national energy security, especially in the northeastern region, and creating millions of local jobs.
The Vietnam National Coal-Mineral Industries Group (Vinacomin) said measures have been taken to ensure an ample coal supply for electricity generation this year.
Vinacomin will increase coal imports in the fourth quarter of 2023 by 700,000 tonnes to ensure the group''s coal reserve level of at least 6 million tonnes, as well as meet the coal demand of thermal power plants.
Vietnam Industry - Coal and Mineral Industries Group (Vinacomin) will invest in new alumina production and aluminium smelting plants, along with increasing the capacity of the existing Nhân Cơ Alumina Plant.
The nation is relying more on coal power this year due to water shortages at hydro-electric dams across, leading to a 10-15 per cent increase in goal demand.
Since 2002, Vinacomin, Jogmec, and Kushiro, formerly known as NEDO, have been engaging in a joint project on training and technology transfer in coal mining.
Vinacomin also strives to exploit 10 million tonnes of coal in Q2. The group announced these goals during a conference reviewing its Q1 performance and launching Q2 tasks in Quang Ninh Province on Tuesday.