- CEO
- Vu Anh Le
- Full Time Employees
- 195
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Quy Nhon Vietnam
- IPO Date
- Dec 28, 2006
- Business
- Binh Dinh Minerals Joint Stock Company (BIMICO), trading under the ticker symbol BMC on the Ho Chi Minh City Stock Exchange (HOSE), is a Vietnam-based mining and industrial materials enterprise primarily engaged in the exploration, extraction, processing, and commercialization of titanium ores and associated heavy mineral sands. Founded in 1985 and headquartered in Quy Nhon City, Binh Dinh Province, Vietnam, the company operates across the upstream and midstream segments of the industrial minerals sector, supplying essential raw, refined, and value-added materials to manufacturing clients worldwide.
The company's core product and service portfolio comprises: titanium mineral feedstocks, including raw ilmenite ore, beneficiated ilmenite concentrate (FeTiO3), and natural rutile concentrates; high-grade zircon products, including standard zircon sand, finely milled zircon flour, and micronized zircon powder engineered for the ceramics, foundry, and refractory industries; deep-processed metallurgical products, including high-grade titanium slag (TiO2 slag) and high-purity pig iron produced as a byproduct of electric arc smelting; monazite, leucoxene, and garnet concentrates; construction stone and industrial aggregates; and support services, including geological exploration, ore assaying and chemical laboratory analysis, mineral processing equipment maintenance, and specialized maritime bulk freight logistics.
Binh Dinh Minerals JSC serves diverse end-markets, including paints and coatings, titanium dioxide pigment manufacturing, industrial ceramics, glass, plastics, welding consumables, and aerospace-grade metallurgical processing. The company distributes its products domestically within Vietnam and exports to major regional markets across East Asia and Southeast Asia, including China, Japan, South Korea, and Malaysia.
In recent strategic and operational developments, Binh Dinh Minerals JSC has accelerated its capital allocation toward deep-processing and value-added titanium manufacturing, responding to national mineral conservation directives and shifting demand toward higher-grade refined products. The company has upgraded its titanium slag smelting operations and ultra-fine zircon grinding lines to improve energy efficiency, raise recovery yields, and satisfy tightened customer specifications. Furthermore, the company has completed environmental remediation and modernization upgrades across its coastal mining concessions in Binh Dinh Province, expanded compliance systems for tailings management, and restructured its long-term off-take agreements with key domestic and Asian industrial partners to mitigate market cyclicality and secure stable revenue streams.