Bauxite

Budget 2023-24: Miners' body seeks withdrawal of export duty on bauxite

Miners' body FIMI has sought withdrawal of export duty on bauxite, stating that the move will lead to optimum utilisation of low-grade mineral resources as it will expedite reopening of closed bauxite mines, create jobs and earn foreign exchange. Bauxite is the principal ore of aluminum and therefore the mineral is the essential raw material for aluminium producers. "The export duty of 15 per cent on bauxite is detrimental to the Indian non- metallurgical bauxite producers and exporters...This Federation therefore request for complete withdrawal of export duty on exports of bauxite," FIMI said in its pre-Budget proposals to the finance ministry. India, it said, is not only self-sufficient in meeting its requirement but has huge potential to be a major player in the international bauxite market. Domestic alumina and aluminum producers have their own captive mines or meet their requirement from mines located in eastern and central parts of the country, which contain plant grade ..

Survey to explore minerals at 25 potential sites in Chhattisgarh

One site each of potential gold, copper, graphite, bauxite, and moissanite would be taken up for the initial study, the official said.

Naveen Jindal group weighs aluminium foray, plans depend on mine

Company sees consumption rising as electric vehicles increase and light metals become more important

Stakes rise for bauxite blocks in Odisha on Adani Group's entry

In the aluminium sector, as things stand, Hindalco and Nalco are the only players that are completely integrated -- from bauxite to alumina to aluminium

India imports bauxite worth Rs 390 crore until Jun 10: IIVCC

This, despite its position as the country with the fifth-largest deposits of the mineral in the world

As bauxite loses traction, Fimi seeks waiver of 15% duty on exports

The mineral lobby body has appealed to the Union finance ministry to exempt bauxite exports from duties

Higher bauxite sourcing helps Vedanta cut alumina-making cost by 8%

Alumina production at Lanjigarh was up 16 per cent y-o-y to 476,000 tonnes

Budget 2020: Fimi pushes for waiver of 15% duty on bauxite exports

Non-plant grade bauxite has limited avenues of usage in India and thus it was mostly exported but the duty on its export hampered business

Vedanta's alumina cost hits two-year low on availability of coal, bauxite

Vedanta is currently working on the ramp-up of the Lanjigarh refinery

Fearing no response, Odisha govt delays auctioning of bauxite blocks

Across the country, six bauxite blocks have been offered for competitive bidding. All six blocks have been auctioned in Maharashtra, data from the Union mines ministry website showed

Green norms, tribal tension risk bauxite mining industry's growth: Fitch

India's bauxite output growth will accelerate to serve growing demand from the domestic aluminium industry

Odisha approves long-term bauxite sale to Vedanta at market prices

70 per cent of the saleable stock of bauxite would be made available for long-term linkage (LTL) and the rest 30 per cent is to be sold through national e-auctions

Bauxite miners seek end to export duty

Though the export duty on bauxite was reduced by five per cent, to 15 per cent, in the earlier Union Budget

Bauxite miners seek to abolish export duty

A duty of 15% makes aluminium raw material uncompetitive in Chinese markets; livelihood of thousands of workers at stake