Mong Duong coal mine will be located at a depth of -550 meters.

According to the report, in 2023, the company is expected to meet all planned targets. These include: producing over 1.55 million tons of raw coal; excavating 19,800 meters of mine tunnels; selling 1.56 million tons of coal; achieving an average monthly salary of 18.2 million VND per person; recruiting 278 underground miners; and ensuring security and order…

In 2024, the company aims to produce 1.55 million tons of raw coal; excavate over 19,000 meters of mine tunnels; achieve an average salary of 18.2 million VND/person/month; and ensure profit targets and contributions to the state budget are met.

The company has identified key tasks for 2024, including: developing a mine development strategy; focusing on opening up the coal face of seam 7; implementing comprehensive solutions to attract and retain miners, ensuring sufficient underground labor for production; continuing to implement monthly contract-based assignments for workshops; effectively implementing grassroots democracy regulations; continuing to restructure and streamline auxiliary labor, increasing underground labor; strengthening measures to ensure occupational safety and health, prevent and mitigate damage from storms, protect mine boundary resources, and ensure security and order in production…

Reporting on the progress of the technical plan for the -250/-550 depth level of the Mong Duong coal mine's Phase 2 exploitation project, company leaders stated that the project has a total reserve of 33.7 million tons; a mine lifespan of 18 years, ending in 2044; the planned tunnel length is 12,416m, with an estimated completion of 6,286m by December 31, 2023, equivalent to 50.6% of the plan. Progress includes: preparing the -250/-400 level according to schedule, with construction expected to be completed by 2024; investing in the coal transportation system: conveyor belts, bunkers, and tilting mechanisms, to be completed in Q1/2023… The company expects to put the first longwall face into operation by the end of 2025.

Acknowledging and highly appreciating the company's business results in 2023, the Group's General Director, Dang Thanh Hai, emphasized that the company had made efforts to overcome difficulties, successfully completed its plan, and paid attention to improving working conditions and the lives of its workers in terms of income, housing, and transportation. The Group's General Director particularly stressed the importance of occupational safety and health, storm and flood prevention, waste disposal safety, ensuring safety and security in production; effectively managing costs, strengthening management and administration, and improving production and business efficiency.

Regarding the technical plan for deep excavation at levels -250/-550 of the Mong Duong coal mine's Phase 2 exploitation project, this is a strategic project for the company aimed at maintaining stable production. Therefore, the company is focusing on implementation, reviewing the legal basis, standardizing and adjusting it accordingly; ensuring the cost of coal production for the project; building a company development strategy that aligns with reality and the Group's Board of Directors' directives, and achieving sustainable development goals.

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