Quang Nam Mineral Industry Corp.
HHNX:MIC7,500.00
VND
+600.00
(+8.70%)
Quang Nam Mineral Industry Corp.
HNX:MIC
(Hanoi Stock Exchange)
Recent
price
7,500.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Quang Nam Mineral Industry Joint Stock Company is a Vietnam-based enterprise primarily engaged in the exploration, mining, processing, and distribution of industrial minerals, metallic ores, and construction materials. Founded in 1982 and headquartered in Tam Ky City, Quang Nam Province, Vietnam, the company operates across the mineral extraction, industrial processing, and commercial trading sectors. The company's core products and services include silica sand and high-purity quartz sand utilized in glass manufacturing, foundry casting, ceramics, and water treatment filtration systems; titanium minerals and concentrates, such as ilmenite, rutile, zircon, and monazite; dimension stone, granite blocks, and crushed aggregate for civil engineering and infrastructure projects; gold exploration and mining outputs; specialized mineral processing, beneficiation, and refining services; and domestic logistics, storage, and wholesale distribution services for raw and processed minerals. Quang Nam Mineral Industry Joint Stock Company operates multiple mining concessions, quarries, and processing facilities across Quang Nam Province, serving industrial manufacturers, construction contractors, ceramic and glass producers, and metallurgical enterprises throughout Vietnam as well as export markets across Asia. In recent developments, the company has implemented strategic and operational adjustments to align with regional environmental compliance standards and optimize its asset utilization. The company has focused on modernizing its beneficiation facilities to expand deep-processing capabilities for high-grade silica sand and quartz, targeting high-specification glass and industrial supply chains. In addition, the company has restructured its active mining licenses, divested non-performing exploration projects, and adjusted its corporate governance and operational workflows to improve cost efficiency and capital management on the Hanoi Stock Exchange.