Vietnam’s Lam Dong approves $2.3bn expansion of alumina projects

The provincial administration said on Wednesday that the expansion plan was granted to the Vietnam National Coal and Mineral Industries Holding Corporation Limited, also known as Vinacomin.

The Nhan Co alumina plant expansion in Nhan Co and Kien Duc Communes will cost about VND29.986 trillion ($1.16 billion).

The project includes a new production line with a capacity of 1.2 million metric tons per year, covering 870 hectares.

It aims to produce alumina that meets international quality standards for both domestic use and export.

The plant is expected to begin operations in 2030 and run for 30 years.

The Lam Dong bauxite-aluminum complex expansion in Bao Lam 1 Commune will require about VND29.869 trillion ($1.15 billion).

It will add a second alumina production line with the same capacity of 1.2 million metric tons per year, covering 20.79 hectares.

Construction is scheduled to finish by the third quarter of 2030, with operations starting in the fourth quarter.

Lam Dong authorities emphasized that these projects represent the province’s largest-ever investments.

To ensure progress, the provincial administration instructed the investor to strictly comply with regulations on investment, land use, environmental protection, and construction.

Local departments and localities were tasked with guiding procedures, expediting administrative processes, and planning land clearance and resettlement in line with project timelines.