Earlier, the company signed a contract with Viet Trung Mineral and Metallurgical Company Limited to buy 500,000 tonnes of limonite tải w88, a type of iron tải w88, from Quy Xa Mine. However, the Viet Phat Company sold 300,000 tonnes to Hoa Phat Steel Company in the 2017-18 period, creating a redundancy of 200,000 tonnes.
The Viet Phat Company asked the ministry to allow them to export the redundant tải w88 to ensure the stability of their financial situation.
Limonite tải w88 is one of the raw minerals that the government prohibits and limits exports.
Lao Cai province then sent a document to the tải w88 to consider the export.
The ministry required the company to give priority to selling the iron tải w88 to local firms if, during the export process, domestic companies added to the demand.
It added that the decision was suitable to ease the challenges faced by iron tải w88 exploitation and processing firms.
In September, the ministry also allowed the iron tải w88 magnetite exports of another company in the province, totalling more than 11,000 tonnes.
Ministry permits 200,000 tonnes of iron tải w88 exports
28/12/2017 lúc 11:52 (GMT)
Theo dõi Tạp chí công thương trên
TCCTThe Ministry of Industry and Trade has allowed Viet Phat Company in the northern province of Lao Cai to export 200,000 tonnes of limonite tải w88 to ease the company’s financial burden.
