PetroVietnam Finance Investment and Consultancy Joint Stock Co (PVFC Invest) officially introduced Dien Bien PetroVietnam Mineral Investment Joint Stock Co (PMI) in Dien Bien City, Dien Bien province.
With chartered capital of 80 billion dong, the company's founding members included PetroVietnam Finance Investment and Consultancy Joint Stock Co (PVFC Invest), Tay Bac Mineral and Construction Investment Joint Stock Co and Mechanisation Electrification Joint Stock Co.
The new company was established with development strategies of surveying Xa Nhe – Hang Cho lead – zinc mine, constructing a lead – zinc bar plant with designed capacity of 15,000 – 20,000 tonnes per year to meet the domestic demands, surveying, mining and expanding exploitation scope for lead, zinc mines in the provinces of Dien Bien, Lai Chau and Yen Bai.
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