VINACHEM

The coal industry continued to face difficulties in consumption in the early months of 2014, with coal inventories reaching 8.42 million tonnes.

The amount of coal mined during the first three months of 2014 was expected to reach 10.07 million tonnes, meeting 26.7 per cent of the yearly plan and a 95.92 per cent increase over the same period last year, reports Viet Nam National Coal – Mineral Industries Holding Corporation (Vinacomin).

Further, coal consumption in the first quarter was expected to reach 9.43 million tonnes, 26.95 per cent of the yearly plan or 97.5 per cent compared to the first quarter last year. Of this figure, coal exports stood at 2.34 million tonnes, while 7.09 million tonnes was sold within the country.