On 20 April 2009, the People’s Committee of Binh Dinh Province signed the dispatch agreeing in principle to permit the Central Mineral Joint Stock Company to submit the fully made project of exploiting and processing iron ore at Hoai Thanh Tay Commune, Hoai Nhon District and at the same time to conduct the survey and exploiting of the iron ore at Phu My District for the supplemental material resource.
On 20 April 2009, the People’s Committee of Binh Dinh Province signed the dispatch agreeing in principle to permit the Central Mineral Joint Stock Company to submit the fully made project of exploiting and processing iron ore at Hoai Thanh Tay Commune, Hoai Nhon District and at the same time to conduct the survey and exploiting of the iron ore at Phu My District for the supplemental material resource.
Accoringly, the factory capitalizing at VND300 billion has its capacity of 500,000 tonnes per year.