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Mining industry seeks export duty waiver on non-metallurgical grade bauxite

Non-plant grade bauxite isn't used in aluminium smelters that go for higher grades. With little demand in the domestic market, miners of non-plant grade bauxite usually take recourse to exports

Topics
Mining Industry  |  Bauxite  |  Australia

Jayajit Dash  |  Bhubaneswar 

Mining lobby body, the Federation of Indian Mineral Industries (Fimi), has pitched for exemption of the existing 15 per cent duty on exports of non-metallurgical grade bauxite. Non-plant grade bauxite does not find applications in aluminium smelters that consume higher grade material.

With no demand to absorb in the domestic market, the miners of non-plant grade bauxite usually take recourse to exports. But since 2015-16, exports of the baser grade bauxite have been on a downhill. From 8.91 million tonnes (mt) in 2015-16. export volumes has slumped to 1.40 mt at the end of ...

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First Published: Wed, June 19 2019. 17:40 IST
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