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To: LoneClone who wrote (34690)3/25/2009 9:09:25 PM
From: LoneClone  Read Replies (1) | Respond to of 194043
 
Vietnam continues to export ilmenite ore

vnbusinessnews.com

VNBusinessNews - Viet Nam will continue to export ilmenite ore, which is used to produce titanium, throughout 2010, according to a decision by Deputy Prime Minister Hoang Trung Hai.

Deputy PM Hai has assigned the Ministry of Industry and Trade (MIT) to calculate the ilmenite ore reserve in order to ensure both supply for the domestic market and for export..

He urged titanium manufacturing enterprises to speed up preparations for large-scale processing projects, especially a project to produce dioxide titanium with a capacity of 30,000 tonnes per year of the Ha Tinh Minerals and Trading Corporation.

The Deputy PM also asked the Ministry of Finance to revise the export tax of ilmenite ore and ilmenite products so as to encourage processing.