Vietnam Approves $2.3B Bauxite-Alumina Expansion Projects for Vinacomin

Published: Feb 27, 2026 16:50

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[SMM Aluminum Express News] Vietnam's Lam Dong Provincial People's Committee has approved two major bauxite-alumina expansion projects for Vietnam Coal and Mineral Industry Group (Vinacomin), with a combined investment of nearly VND 60 trillion (~US$2.3 billion).

Nhan Co Alumina Plant Expansion (Nhan Co & Kien Duc communes): ~VND 29,986 billion (~US$1.16B). Adds a new 1.2 million tpy alumina line on 870 hectares. Targets international-quality alumina for domestic use and export. 30-year operating period; operations start 2030.

Lam Dong Bauxite-Aluminum Complex Expansion (Bao Lam 1 commune): ~VND 29,869 billion (~US$1.15B). Adds a second 1.2 million tpy alumina line on 20.79 hectares. Construction: Q2 2025 to Q3 2030; operations begin Q4 2030.

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