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Posts Tagged ‘Vinachem’

Vietnamese companies to mine rock salt in Khammuan

Vientiane Times 17 August 2015

Two Vietnamese companies have inked a deal for a joint venture rock salt mining project in Khammuan province, with an engineering, procurement and construction (EPC) contract signed in Hanoi, Vietnam, on Friday. Vietnam Chemical Group (Vinachem) and Vietnam Lao Chemical and Rock Salt Limited Company (Vilachemsalt) signed the EPC contract for the US$450 million Lao-Vietnamese project to process salt in Khammuan province.

Potassium mine in Thakhek gets the green light

Vientiane Times, February 13, 2012

The Lao government has given permission for the Vietnam Chemical Group (Vinachem) to excavate and process potassium in Khammuan province. Dr Bounthavy Sisouphanthong signs the agreement with Mr Nguyen Dinh Khang, witnessed by Lao President Choummaly Sayasone and Vietnam President Truong Tan Sang and other high-ranking officials from Laos and Vietnam.

According to a Vietnam News report, the Vinachem group will invest US $450 million in the project in Nongbong village, Thakhek district, to extract and process potassium, which is also known as kali salt. The Vietnamese company plans to excavate potassium in a 10 square kilometre area, with a concession period of 20 years which can be extended for another five years.

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