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Law making should ensure stability and quality

The National Assembly yesterday discussed the draft Law and Ordinance Development Programme for 2024 and the adjustment to the one for 2023. ....

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Compilation of law on Geology and Minerals very neccessary

Nguyễn Trường Giang, head of Việt Nam Minerals Department under the Ministry of Natural Resources and Environment, spoke to Tài nguyên & Môi trường (Natural Resources & Environment) online newspaper about the urgency of compiling the Law on Geology and Minerals as well as the new points in the draft law. ....

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Vietnam's Rare Earth Mining Industry: An Overview

Vietnam’s rare earth deposits are estimated to be the third biggest in the world. Here’s how the rare earth mining industry is shaping up. ....

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Ministry of Industry and Trade proposes unprecedented new law

Ministry of Industry and Trade proposes unprecedented new law
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

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Erdenes-Tavantolgoi JSC introduces business growth plan for coming years

2021-03-10 15:14:44
Ulaanbaatar /MONTSAME/. Gankhuyag Battulga, CEO of Erdenes-Tavantolgoi JSC today, March 10, delivered a press briefing to give update on some timely issues.
On March 9, the state-owned company’s board of directors convened and approved a business plan ‘A6-20’ defining the company’s growth goals and targets in coming years. As stated in the plan, Erdenes-Tavantolgoi JSC will implement 20 large-scale projects until 2025, including development of coal concentrate, Tavantolgoi power plant and a water supply project, achieving huge growth.

As a result, annual coal production of the company will hit 45 million tons, sales revenue will grow up to MNT 10 trillion with net profit reaching MNT 3.7 trillion and dividends totaling about MNT 700 billion will be distributed in a year and job places created by Erdenes Tavantolgoi will increase to 5,500. According to Gankhuyag, a citizen holding 1,072 shares of the company wil ....

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