Capitalised almost $700 million, Tan Rai complex, located in the Central Highland's Lam Dong province, is expected to supply 600,000 tonnes of alumina per year and post 2015, the total output will rise to 1.2-1.8 million tonnes per year.

In the initial plan of Vinacomin, which started building the complex in July, 2008, Tan Rai was scheduled to come online at the end of 2010.

The operations of Tan Rai and Nhan Co bauxite mining and refinery complex, also developed by Vinacomin, is hoped to turm Vietnam into a competitive alumina exporter worldwide.

Construction of Nhan Co in the Central Highlands' Daknong province started in early 2010 and Vinacomin set the target to complete the first phase construction by 2012.

With the total investment capital of $655 million, Nhan Co will be able to supply 650,000 tonnes of alumina per year once the first phase completes. Vinacomin plans to double the complex's alumina output in the second phase to be developed after 2016.

Vietnam is recognised having the third largest bauxite reserves in the world after Genuine and Australia, but most of the mineral are untapped and concentrated in the country's northern mountainous and the Central Highlands.

Together with Tan Rai and Nhan Co, Vinacomin are still working on several bauxite mining and refinery in partnership with international mining giants like China's Chalco, US's Alcoa, Australia-UK's BHP Billiton, Japan's Itochu and Sumitomo, and Russia's Rusal. These projects will be operating after 2014 with a combined output of 4.5-6 million tonnes of alumina per year.

Vietnam Investment Review - February 9, 2011