It is invested by Quang Ngai Mineral Investment JSC - a member of NBB. The location of this plant is in Tinh Phong Village, Quang Ngai Province. The mine is located in Duc Thang, Duc Chanh, Duc Minh and Duc Phong, Mo Duc Ward, Quang Ngai Province. The project area is 964.10 ha. The expected completion time will be 27 years. Exploition capacity is 12,000m3/year titanium slag and 7,000 tons/year cast iron, 5,000 tons/year for solders. NBB finances 90%. This project already got the investment license, mineral exploration license from Ministry of Natural Resources and Environment and completed the exploition process. The company is synthesizing all related documentation for approval.
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Scale:
|
-
Gross
area:
|
964,10
ha
|
|
-
Exploitation
capactity:
|
|
|
+ Titanium slag:
|
12.000
tons/year
|
|
+ Cast-iron:
|
7.000
tons/year
|
|
+ Soldering stick:
|
5.000
tons/year
|
|
-
Exploitation time:
|
27
years
|
|
-
Total investment capital
|
140
bn VND
|
Progress:
-
Being granted Investment Certificate No. 34221000028 on 12nd
February 2009 by People’s Committee of Quang Ngai Province.
-
The exploration license was gained under Decision No. 357/GP-BTNMT dated 24th
February 2010 by Ministry of Natural Resource and Environment.
- Finished the geologic reconnaissance. The procedure
relating to be issued the Mining license will be completed.
- QMI was approved mining under Decision No. 347/QD-HDTLKS/CT dated 7th
April 2011 by Council valuation of mineral reserves to allow temporary norm of
titanium-zircon ores in Duc Thang, Duc Chanh, Duc Thanh, Duc Minh and Duc Phong
Commune, Mo Duc district, Quang Ngai Province.
- The Decision relating to approving exploration, exploiting, processing and
using titanium ore until 2020 was signed by Prime Minister.
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