Reporter: He said something about the initial results of the project to build titanium slag plant investment by the company?

 

Truong Dinh Vietnam: This is a project in the field of deep processing of minerals by new technology, the first time the construction was carried out in Taiyuan and the North in general has a total investment of up to 107 billion, the capacity of approximately 20,000 tons / year and 10,000 tons of iron include 4 electric furnace (2000KVA / oven). Estimated completion will be provided to the market products of titanium slag and iron alloy of high quality to meet the needs of domestic production and exports. In particular, with this success, opens the potential processing and refining of titanium ore and minerals instead of exporting crude today to avoid waste of resources. To date, work has been basically completed the majority of flagship items include: complete installation and running the furnace 02, the next 04 will operate both furnaces. The result, after more than five months in operation, nearly 2000 tons and 1000 tons of titanium slag-alloy cast iron oven. In particular, titanium slag reached 90 -93% TiO2, products of high quality cast iron providing detailed molding line casting machine and Ball. In addition, for a variety of products, we have invested more lines serving cast grinding balls for cement processing industry and mineral resources in a number of units you are JSC engineering 3-2 ...

 

Truong Dinh Vietnam: Although not operating at full capacity, the plant but the results obtained are very encouraging. Their products have exceeded the requirements of the specifications, levels, fuel consumption ... In addition, because most highly technical, technological and human resources are trained and skilled health created Mind dare to think, dare to become one of the very few units in the country capable of refined titanium slag and iron alloys. The success of this project has been an important premise for strategic development, towards the transfer unit, installation of production lines and support the training of workers for other units. And more importantly, is contributing to the processing industry to meet the demand of mineral production in the country instead of exporting raw products as currently nay.PV: Surely this success is not a destination, sir?

 

Reporter: According to him, there should be policies to support as to how to encourage businesses to invest in the field of deep processing of minerals?

 

Truong Dinh Vietnam: This is a complex area, want refined mineral processing to large investments in all aspects so I think of all levels and departments should have incentives and support for businesses. namely planning, licensing the exploitation of raw materials, labor training ... and support of capital, engineering and technology. In particular, for the processing plant went into operation, ensuring inputs (mineral) is extremely important. Currently, our mine reserves were nearly all, the volume of ore processed to deep just enough to produce one more year before. The company has set records for licenses to mine new materials produced lasting about 30 years. But due to problems in planning, the company has established licensing records almost 3 years mine still has not been authorized and never said no mining will be allowed. Risk of plant construction completed closed due to lack of materials and lack of electricity is huge.