Vinacomin Minerals completes significant scrap material transaction

Vinacomin - Minerals Holding Corporation announced on September 17, 2025, a significant transaction for the purchase of scrap materials from its subsidiary, Than Ha Lam - Vinacomin. This transaction, executed through Contract No. 35/VIMICO-CBTT, involves iron, steel, copper, and aluminum alloy scrap. The total contract value is VND 3,998 billion, inclusive of VAT and all associated fees and transportation costs.

The agreement stems from a resolution issued by the board of directors on September 15, 2025, which approved the scrap material trading transaction between Vinacomin - Minerals Holding Corporation and entities within the Vietnam National Coal - Mineral Industries Group where it holds at least 51% ownership. The contract was formally signed on September 16, 2025, and its execution period extends from the signing date until both parties fulfill their obligations.

The announcement was made public on the corporation's electronic information page, http://vimico.vn, on September 17, 2025. Ngo Quoc Trung, deputy general director, confirmed the factual accuracy of the disclosed information and affirmed the company's full legal responsibility for its contents.