Recently, the 450,000 mt aluminum project in Dak Nong, Vietnam, constructed by NFC, achieved a major milestone — the successful completion of its first power transmission. The achievement of this critical period marks a breakthrough step in the project's construction, laying a solid foundation for subsequent system commissioning and trial production.
The project was invested and built by Tran Hong Quan Metallurgy Co., Ltd., with a total investment of up to 18.42 trillion Vietnamese dong, of which the loan amount was 14.7 trillion. The project is located in Nhon Co Industrial Park, covering an area of nearly 130 hectares. Its designed annual capacity reaches 450,000 mt, adopting a three-phase construction model, with each phase having a capacity of 150,000 mt.
According to the established plan, the first phase of the project plans to officially commence production in Q2 2026, while the second and third phases plan to start construction in Q2 2027 and Q1 2028, respectively.
