Vinacomin eyes 35 million tonnes of coal to be sold in 2015

The Vietnam National Coal-Mineral Industries Group (Vinacomin) is striving to exploit 2.5 million tonnes of raw coal and sell 3 million tonnes of coal in December in order to fulfil its yearly targets set for 2015.

It set to exploit 37.2 million tonnes of raw coal and sell 35 million tonnes of coal this year. 

According to Vinacomin, as of November, the group produced 34.7 million tonnes of raw coal, equal to 93.1 percent of the yearly target and up 2% over the same period last year. It sold 32.4 million tonnes of coal, or 92.8% of the yearly target, up 3.5% year-on-year. 

In the period, the group’s revenues are estimated at nearly VND98 trillion (US$4.3 billion), equivalent to 93.4% of the yearly target. 

Vinacomin, the country's largest mining firm, was established on October 10, 1994.
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