50-mln ton copper reserve discovered in northern Vietnam

Sinh Quyen copper mine in the northern province of Lao Cai, where over 100 million tons of copper reserves have been found.

Vietnam’s state-run Coal and Mineral Industry Group (Vinacomin) has discovered an estimated 50 million tons of copper in the northern province of Lao Cai, Vietnamnet reported.

The finding follows a previous discovery of 56 million tons of the same material, bringing Lao Cai’s total copper reserves to over 100 million tons - one of the largest reserves in Asia, the news website quoted Vinacomin as saying.

In the meantime, the Sinh Quyen Company factory only has a capacity of 1.2 million tons a year. The company is planning to increase the capacity to three million per year, Vietnamnet reported.

Thanh Nien 

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