📋 Tender Overview
Hoa Phat Group proposed to enter into a joint venture with leading Vietnamese corporations such as Vietnam Coal and Mineral Corporation (Vinacomin), Thaco... to jointly research and implement the Thach Khe iron mine project. Download Panoramic view of Thach Khe iron mine from above - Photo: Tien Phong Newspaper Thach Khe iron mine has reserves of over 500 million tons, has been planned, explored, mined, and processed according to Decision 866/QD-TTg dated July 18, 2023 of the Prime Minister. Leading Vietnamese and international experts and scientists all evaluate the iron ore parameters at Thach Khe mine as quite good. Manhetite and Hematite ores in this mine are relatively clean ores, suitable for producing high quality steel such as steel for cold stamping, arc welding steel wire, steel for elevator cables, weather-resistant steel plates, especially rolled steel for car tire treads (tirecord steel), steel for high-speed rail tracks and other high quality steels. However, currently Thach Khe iron mine has not been exploited to meet domestic demand, causing a waste of national resources. Talking to the Government Electronic Newspaper, a representative of Hoa Phat Group acknowledged that Thach Khe iron ore mine is located in a strategic location, related to ensuring the countrys national security and defense. For the common development goal of Vietnams metallurgical industry, Hoa Phat Group proposed to form a joint venture with other leading Vietnamese corporations such as Vietnam Coal and Mineral Corporation (Vinacomin), Thaco... to jointly research and implement this project. This enterprise also proposed to the competent authority to invite consulting organizations and leading experts in the metallurgy and mining industry in the world to participate in research and make assessments on technology issues, environmental impacts and safety. Exploitation of Thach Khe iron ore mine. Hoa Phat is willing to contribute costs, accompany the Ministry of Agriculture and Environment to hire independent monitoring consultants during the implementation of the work and participate in the evaluation of this important iron mine research, said Hoa Phat representative. Hoa Phat Group is the largest steel manufacturer in Southeast Asia and is in the TOP 30 largest steel enterprises in the world. Every year, Hoa Phat pays about 20 trillion VND/year to the State Budget, creating jobs for 40,000 direct workers and hundreds of thousands of indirect workers through a system of partners, agents, and customers. In particular, with an expected output of about 18 million tons of steel by 2027, Hoa Phat will greatly contribute to making Vietnam one of the 10 largest crude steel producing countries in the world. Currently, Hoa Phat produces fully All types of steel meet all needs of the economy, while promoting in-depth investment and production of mechanical steel to serve the mechanical engineering industry, energy, shipbuilding industry, and defense industry. Hoa Phats high-speed rail factory will ship products of quality equivalent to the worlds in early 2027, serving the goal of building a Vietnamese-owned railway system set by the Party and Government. Phan Trang See morePermanent Deputy Prime Minister Pham Gia Tuc: Completely handle the Thach Khe iron mine project in May 2026 See moreEfforts to resolve problems that have arisen during the implementation of the Thach Khe iron mine project See moreTKV commits to the environment when proposing to re-exploit Thach Khe iron mine
