Indian Government Approves ₹2.67 Billion In New Bauxite Mining Projects For Chhattisgarh
Earlier this week the Indian government approved of ₹2.67 billion (US$36.3 million) in new bauxite ore mining projects for the...
A panel of the Indian government has asked that environmentally-responsible permits for bauxite mining be fast tracked in order that the country’s significant bauxite reserves may be tapped into sooner rather than later. Headed up by Bharatiya Janata Party leader Rakesh Singh,...
Earlier this week the Indian government approved of ₹2.67 billion (US$36.3 million) in new bauxite ore mining projects for the...
India’s state-owned aluminium producer National Aluminium Company Ltd was taken to task last week by the national auditor for failing...
The incoming government for Andhra Pradesh announced earlier this week its decision to rescind the order promulgated by a previous...
Though pressures from tightening environmental regulation and push-back from certain local tribal entities may work to slow it, analysts expect India’s bauxite sector to continue to grow by leaps and bounds in the months and years ahead. In a report released earlier this week by Fitch Ratings Inc.’s analyst branch Fitch Solutions Macro Research, the […]
An official who spoke to domestic media says that state-run miner Coal India is weighing a proposal for branching out into the mining of bauxite ore (among others) in a bid to diversify the company away from strictly mining coal. “Coal India is planning to get into mining of bauxite, nickel and iron ore. However, […]
India’s Bharat Aluminium Company (Balco) said recently that it intends to increase bauxite ore production in an effort at meeting its raw material shortfalls. Currently Balco is harvesting two million metric tons per annum from its two allotted mines in Chhattisgarh. However this is not sufficient to meet the aluminium production boost at its Korba […]
Although production in the first quarter of the current fiscal year grew by ten percent year-on-year, National Aluminium Company Limited’s (Nalco) bottom line declined by almost one quarter in the same period. The firm reported a net profit between April and June of INR135 crore, down year-on-year from INR174.3 crore. Revenue increased 3.87% year-on-year, to […]
India’s Mines Secretary Balvinder Kumar indicated that an Indian Aluminium Development Council was in the works in remarks made at an aluminium seminar yesterday. Speaking at the Aluminium Association of India’s seminar entitled “Aluminium: The Strategic Metal,” Kumar also commended the industry’s major players for coming together to weather the aluminium industry’s recent stormy past. […]
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