📋 Tender Overview
Deputy Prime Minister Tran Hong Ha has just signed Decision No. 1689/QD-TTg dated December 26, 2023 approving the 5-year production, business and development investment plan for the period 2021 - 2025 of Vietnam Coal and Mineral Industry Group.
According to the Decision, the overall goal is to develop Vietnam Coal and Mineral Industry Group (TKV) into a strong economic group on the basis of developing the fields of coal industry and bauxite - alumina industry. - aluminum, mineral industry, electrical industry, explosive materials industry and other industries; contributing to ensuring national energy security and the country's socio-economic development.
Sustainable development, in harmony with environmental protection, proactively responding to climate change and ensuring national defense and security.
Striving to produce 195.019 million tons of commercial coal in the period 2021 - 2025
The decision also clearly states specific goals and tasks. For the coal industry: Focus on developing large-output underground mines according to the criteria "Green mines, modern mines, high-output mines". Connecting open-cast mines and underground mines into large-capacity mines (open-pit mines with a capacity of over 3.0 million tons/year; underground mines with a capacity of over 2.0 million tons/year). Continue to invest in coal mines according to the National Energy Master Plan for the period 2021 - 2030 with a vision to 2050 (approved by the Prime Minister), striving to produce 195.019 million in the period 2021 - 2025. tons of commercial coal, imported 48.183 million tons and consumed 243.060 million tons.
Promote exploration and assessment of coal reserves to prepare a reliable resource base for stable, long-term development. Striving in the period 2021 - 2025, the whole Group completes 05 coal mine exploration projects and applies for new licenses for 09 exploration projects.
Mineral industry: Striving to become a leading enterprise in the non-ferrous metal industry in Vietnam and the region with the total non-ferrous metal volume of the Group in the period 2021 - 2025 expected to produce 138,958 tons of copper. plate, 6,839 thousand tons of Alumina.
Focus on effectively exploiting 02 Lam Dong alumina and Dak Nong alumina projects, strengthening/increasing the capacity of the factories. Investing in expanding Tan Rai and Nhan Co projects according to the Planning for exploration, exploitation, processing and use of minerals for the period 2021 - 2030, with a vision to 2050 (approved by the Prime Minister ).
Focus on working with ministries and localities to continue handling problematic mineral exploitation and processing projects such as: Co Dinh chromite mine exploitation; Thach Khe iron mine; Binh Thuan titanium mine, Dong Pao rare earth mine.
Electricity industry field: Manage and operate existing power plants to ensure safety and promote design capacity. Striving to produce 49,405 million kWh in the period 2021 - 2025 (average 9,881 million kWh/year). Research and deploy a number of new energy and renewable energy fields.
Implement solutions to increase labor productivity
To achieve the set goals, the Decision also clearly states implementation solutions. Accordingly, solutions for corporate governance and management include: Directing and operating production and business in accordance with market developments and needs, ensuring effective production and business. Proactively update information, survey, analyze and forecast the market as a basis for orienting production and consumption of products. Strengthen resource management, product quality, and combat commercial fraud. Maintain good relationships with customers and traditional partners; proactive in international relations, market development, improving product competitiveness at home and abroad.
Implement solutions to increase labor productivity such as mechanization and synchronous automation of excavation, exploitation and transportation in underground coal mines. Invest in synchronous, high-capacity equipment and conveyor belts for transportation at open-pit mines; Maximize automation of screening, electricity, Alumina, chemical, and cement factories and optimize management organization models at all levels to continue to reduce labor, increase labor productivity, and reduce costs. product.
Financial solutions
Continue to divest capital in companies that are not in the main business field, or partially divest capital in companies in the main business field to only hold the controlling or veto voting shares depending on The important nature of each company in the Group's structure. Use capital obtained from divestment to invest in developing new projects according to the provisions of law.
Regulate capital between units in the Parent Company, in accordance with legal regulations to improve capital use efficiency, avoid local excess or shortage of capital, improve cash flow, and reduce costs. use of funds.
Besides the traditional mobilization method from commercial credit sources, TKV expanded other long-term capital mobilization channels such as: issuing stocks and corporate bonds to mobilize capital for the Group and its subsidiaries. .
Solutions for innovation and application of science and technology
Deploy local monitoring and control automation systems at production units. Build synchronous and integrated centralized monitoring and control systems at units; Apply automation associated with smart production based on digital platform.
Building information technology infrastructure throughout the Group according to the data center model on a cloud computing platform with high-speed communications infrastructure and data storage systems using modern, capable technologies. The ability to store and process large data, meeting the integration trend and requirements of the fourth industrial revolution. Build shared software systems throughout the Group.
