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FLSmidth has signed a contract worth approximately USD 40m (approximately DKK 200m) with state owned LILIAMA Vietnam Machinery Installation Corporation for the supply of a coal handling facility, including ship unloading and storage facilities with a capacity of 400,000 tons, for a coal-fired power plant owned by Vietnam Oil and Gas Group (PetroVietnam). The scope of the contract includes complete engineering, design and supply of all key components as well as supervision of erection and commissioning. In developing mineral resources, the focus of project owners and key stakeholders is typically centred on the management of identified social and environmental impacts and compliance with regulatory requirements.

The rise in power costs for the Chinese aluminium smelters that buy power from the grid (accounting for ~45% of Chinese production) highlights the main bullish argument for aluminium prices over the medium term - the outlook for rising costs (particularly energy). The plant is located in the Ha Tinh province in Vietnam, approximately 400 km south of Hanoi.
Unfortunately, opportunities to protect and enhance the environment and communities are frequently overlooked, or not taken full advantage of.

The most effective time to identify and respond to such opportunities is during a project’s planning and design phases.

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