THACO Proposes $4.4B Bauxite, Alumina Investments in Vietnam, Aiming for 2030 Commissioning

Published: May 26, 2026 11:50

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[SMM Aluminum Express News] THACO has proposed US$4.4 billion in bauxite and alumina investments in Vietnam, including the Lam Dong 2 alumina complex with planned capacity of 2 Mtpa alumina and a separate bauxite mining project targeting 12 Mtpa of ore production. The broader proposal also includes downstream aluminum smelting, titanium processing, chemical plants, and industrial park developments as THACO pursues a vertically integrated aluminum value chain. If approved in 2026, the first 1 Mtpa alumina phase is targeted for commissioning by 2030.

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