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Top Stories

Vietnam

Vietnam's first aluminium smelter, Dak Nong, achieves first power delivery milestone
Primary AL
The Dak Nong aluminium smelter project in Vietnam, a 450,000-tonnes-per-year facility being developed by NFC and regarded as the country's first aluminium smelter, has achieved its first successful power delivery, marking a major construction milestone as it moves closer to trial operations and production.  According to the company, the successful energisation of the facility's electrical systems will enable the project team to move ahead with equipment testing, commissioning activities and p ...
Vietnam’s first aluminium electrolysis plant set to begin operations this quarter
Primary AL
Vietnam is set to begin operations at its first aluminium electrolysis plant during the second quarter of 2026, according to project officials in Lam Dong province. The project, developed by Tran Hong Quan Metallurgical Co., is located at the Nhan Co Industrial Park and is expected to initially produce 150,000 tonnes of aluminium annually. The facility forms the final stage of Vietnam’s broader bauxite-to-aluminium industrial chain, linking bauxite mining, alumina refining and primary alumin ...

Alumina
The Vietnamese industrial conglomerate Truong Hai Auto Corporation (THACO) is accelerating its ambitions in the country’s bauxite and alumina sector, unveiling a slate of proposed mining and processing projects in Lam Dong Province worth an estimated USD 4.4 billion. The proposal indicates the company’s long-term strategy to solidify its imprint across the aluminium value chain of Vietnam, from the upstream ore extraction to the downstream processing and industrial manufacturing. The proposal ...
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Vietnam enters the global scrap race with tax incentives and recycling ambitions in focus
Recycled AL
16 May 2026
As global scrap trade routes keep changing, Vietnam is trying to position itself as the next big destination for aluminium and copper recycling. But while the country is offering tax benefits and financial support to attract investors, many traders and recyclers still believe the market is not fully ready. The shift comes after the US-China trade war sharply disrupted global scrap flows. When tariffs on US goods entering China climbed as high as 125 per cent in April 2025, Chinese buyers star ...
MBK Partners to acquire Japan’s aluminium can maker Altemira in $760M deal
End User
12 May 2026
Asian private equity firm MBK Partners is set to acquire Japanese aluminium can producer, Altemira Holdings Co. in a deal valued at around YEN 117.5 billion (USD 760 million), according to industry sources. The acquisition involves MBK Partners acquiring 100 per cent of Altemira from US-based investment firm Apollo Global Management. Altemira is the second-largest aluminium can manufacturer by market share in both Japan and Vietnam, with annual revenue estimated at approximately YEN 200 billi ...
Vietnam strengthens solar sustainability with IREX–Hamada partnership boosting aluminium recycling potential
Sustainability
01 Apr 2026
Vietnam has formed a new partnership between IREX Energy Joint Stock Company and Hamada Company to make its solar industry more sustainable. These two firms have signed a recycling memorandum of understanding (MoU) to recover aluminium and other valuable materials from end-of-life solar panels.  For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026"  Vietnam’s Power Development Plan 8 (PDP8) targets to achieve 18-34 GW of solar ...
Vietnam ranks first, India comes second: Who are the giants in the PV manufacturing market?
End User
07 Feb 2026
A comparative industry analysis by IRENA has revealed that, apart from China, Vietnam emerges as the leading solar PV manufacturing centre with the lowest economic solar panel price. Striving to develop its solar PV base, India is maintaining second position in the cost-competitive race in the Asian solar sector. IRENA highlighted how factors like labour charge, tariff on electricity, policy support and supply-chain integration shape the cost dynamics in the PV manufacturing and solar panel pr ...
Vietnam’s Lam Dong approves $2.3B  for alumina plants’ expansion
Alumina
06 Feb 2026
Image source: VIETNAM.VN Vietnam’s Lam Dong Province has approved plans to expand two alumina projects with a total investment of VND 59.855 trillion (USD2.3 billion), a move that places the developments among the most significant industrial undertakings the province has seen to date. The decision was announced by the provincial administration which authorises the Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) to proceed with the expansion of projects, b ...
Vietnam’s industrial giant Truong Hai Group Corporation steps into bauxite and non-ferrous metals
Bauxite
31 Jan 2026
Vietnam's one of the leading private conglomerates, Truong Hai Group Corporation (Thaco Group), in order to include mining and metal production, has now extended its business registration. Mining and processing of bauxite and mining of the other non-ferrous metal ores are included in the latest business registration. Activities related to mining will be supporting other activities, which may include quarrying of stone, sand, gravel and clay, construction of mining works and wholesaling metals ...
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