Nui Phao Mining accompanies and contributes to ensuring social security

Over the years, Nui Phao Mining Company Limited (Nui Phao Mining) has been striving for the effective delivery of community support and economic development programs in the locality.

Nui Phao Mining visits the organic tea farming model at Nhat Thuc Tea Cooperative in Phuc Linh commune, Dai Tu district, Thai Nguyen province.

Nui Phao Project, managed and operated by Nui Phao Mining, is one of the scaled investment projects with value-added high-tech products such as Tungsten, Fluorite, Bismuth and Copper, and a leading exporter in Thai Nguyen province. In 2022, Nui Phao Mining reported an increased revenue of and contributed 1,192 billion VND to the State budget, an increase of 345 billion VND compared to 2021.

In addition to its effective business and production, Nui Phao Mining has also effectively implemented community support and economic development programs to the locality over the past years. Nui Phao Mining developed sustainable livelihood recovery programs for the Project-affected households such as agricultural extension, trusted loans and preferential employment policy for local labors from Project-affected households, and especially, local service supply business.

At the end of 2022, Nui Phao Mining funded nearly 4,000 economic development packages equivalent to over VND 23 billion through vocational training programs for garment worker training, drivers, welders, security guards, cooking and start-ups: together with agricultural extension programs such as growing mushroom, tea, safe vegetables, and raising cows, chickens, bees and pigs.

Talking with our reporter, Ms. Dao Thi Thuc, Head of Nhat Thuc Tea Cooperative in Phuc Linh commune, Dai Tu district said “Nui Phao Mining has provided significant support for our Cooperative over the past few years. They have assisted locals in adopting VietGAP and organic tea standards in tea cultivation, as well as organized skill training and product introduction sessions, thanks to which our tea price has increased and we are able to secure an average monthly income of 6 million VND/person/month for 25 Cooperative members.”

With Nui Phao Mining support, 16 VietGAP safe tea cooperatives were established with the participation of nearly 500 households in Dai Tu district, and more than 110 hectares of tea cultivation land were granted with VietGAP tea certificate. Besides, Nui Phao Mining has also supported 40 households in using Thai Nguyen brand for their tea products licensed by Thai Nguyen Farmers’ Association.

Apart from tea farming, Nui Phao Mining makes use of the existing local strength to extend its support to the project-affected people so they can develop their economic conditions on their land. Typically, Nui Phao Mining supports many households in establishing a honey beekeeping Cooperative that yields high economic value.

Tan Linh commune leaders and Nui Phao Mining leaders visit a beekeeping model and provide honey extractors for the beekeeping Cooperative in Tan Linh commune, Dai Tu district, Thai Nguyen province.

“Nui Phao Mining is assisting with Tan Linh households in a variety of economic development programs including the honey beekeeping model. In the beginning, the honey yield was low because most of the beekeepers were inexperienced. With Nui Phao Mining’s support in providing technical training and investment in production equipment, honey starts to yield higher with much better quality. Especially, in March 2023, Nui Phao Mining ordered to buy 500 liters of honey with Tan Linh beekeeping Cooperative, helping the locals get more motivated to develop the beekeeping model.” said Mr. Bui Khac Tien, Party Secretary of Tan Linh commune, Dai Tu district.

In addition, in order to assist the locals to access loans with preferential interest rates to implement economic development programs, Nui Phao Mining has worked with Vietnam Bank for Social Policies, Dai Tu branch to set up an Economic Recovery Loan Fund. As of 2022, more than 340 households had been granted loans from this Fund (total 6.3 billion VND). The loans have been invested in these economic development models that help the locals to have a stable life, improve income and rise out of poverty.

Nui Phao Mining also has a preferential employment policy for project-affected people that is one of the company strategies to ensure local livelihood. Currently, up to 50 percent of the Company employees are locals. Nui Phao Mining has developed a local business model providing assistance in employing local employees, providing professional training, safety training, operational training and product consumption.

So far, 5 local enterprises have been established to supply goods and services for the Company, specifically: Anh Duong Packaging Company (ore jumbo bags), Khanh Hien tailoring Company (company uniform), Ha Quang Huy enterprise (stock shelfs), Ha Thuong Environment and Hygiene Cooperative (environmental sanitation services), and catering services. These enterprises have contributed to creating stable jobs for over 150 workers with an average monthly income of 5-7 million VND /person/month.

“Since its operation, Nui Phao Mining has considered the support of the community and the locals in economic development as one of our focuses. Nui Phao Mining has been implementing a lot of practical and specific activities to accompany the locals in economic and agricultural development in a scientific and sustainable manner. In the coming years, Nui Phao Mining will strengthen the support activities in product consumption for the locals through improving capability and product quality.” said Phan Chien Thang, Director of Communications, Community and External Relations.

With such practical programs, Nui Phao Mining Company Limited always aims for sustainable development through economic development and community support activities, contributing to social security and stands together with the development of Dai Tu district and Thai Nguyen province as well.