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BAUXITE EXPORTS IN INDIA
Private banks favoured over PSUs as macro headwinds cloud near-term outlook: Digant HariaMarket expert Digant Haria notes strong corporate earnings but rising macroeconomic uncertainty. Private sector banks appear better positio...- Can Brazil become a major rare earths supplier?Brazil sits atop a potential bonanza of rare earths that has sparked global interest, led by Washington, as demand surges for the increasin...
- Nalco's alumina exports to West Asia affected due to geopolitical tensions, says CMDGeopolitical tensions in West Asia have impacted National Aluminium Company Ltd's (Nalco) exports, which previously accounted for 40-50% of...
- Indian recyclers seek removal of import tax on aluminium scrap, letter showsSmall and medium recycling firms are urging the PMO to scrap the 2.5% import tax on aluminium scrap due to rising costs and tight global su...
- Budget 2026: Mining industry seeks nil export duty on low-grade bauxiteUnion Budget: India's mining industry, through FIMI, is urging the government to remove the 15% export duty on low-grade bauxite and double...
- FM Nirmala Sitharaman concludes pre-budget meetings: Here's what India wantsSitharaman thanked the participants for sharing their valuable suggestions and assured them that the suggestions would be carefully conside...
- Budget 2023-24: FIMI seeks withdrawal of export duty on bauxiteMiners' body FIMI has sought withdrawal of export duty on bauxite, stating that the move will lead to optimum utilisation of low-grade mine...
- Bauxite import results into Rs 390-cr forex loss for India: IIVCCDespite India having the fifth-largest bauxite deposit in the world with reserves of over 3.8 billion tonnes, aluminium industries continue...
- India's bauxite production to hit 49 MT by 2021: BMI ResearchOrissa, Gujarat, Jharkhand, Maharashtra, Chhattisgarh, Tamil Nadu and Madhya Pradesh are the main bauxite producing states in India.
- FIEO seeks fiscal support in Budget for boosting exportsIt asked the government to create of an 'Export Development Fund' for aggressive marketing particularly for MSMEs and VAT exemption for mer...
- Bauxite exporters clamour for removal of export dutyBauxite exporters are clamouring for removal of export duty on the ore similar to a cut in duty for iron ore in the budget.
- Chinese firm starts sourcing Guinea bauxite, sidelining IndiaWinning is transporting between three to four million tonnes of bauxite ore a year from India's western shores to China.
- 'Doubling bauxite export duty to improve domestic supplies'The move is likely to help major aluminium producers such as Nalco, Hindalco and Vedanta by improving the availability of the raw material ...
- Budget 2013: FM proposes 10% export duty on bauxiteThe FM's proposal to impose a 10% export duty on bauxite is likely to discourage exports of an important raw material for aluminium industr...
- Budget 2013: Impose export duty on bauxite, recommends FICCIFICCI is rooting for introducing export duty on bauxite in Budget 2013 with an aim of strengthening the value addition within India.
- Vedanta says plant closure won't hit aluminium outputVedanta Aluminium's plan to shut its alumina refinery in eastern India will not hit its aluminium output because it aims to treble imports.
- Regulatory hurdles force alumina refiners to cut productionIndia may have to rely more on exports for its aluminium requirement despite having huge reserves of the ore required for its production.
- Nalco gets nod for Rs 12,000-crore investment to set up JV plants with GMDCGujarat government, last week, okayed the Rs 12,000-crore investment plan by National Aluminium Company in Gujarat to set up an alumina and...
- The politics of bauxite mining: Environmental hurdles cut short India's aluminium storyIt is ridiculous not to utilise huge bauxite deposits in the name of environment and indigenous tribals.
- 'India can become a powerhouse in aluminium'With over 7% growth per annum, one of the highest in the world, the Indian aluminium market is booming.
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