Logo


New gr puts 200 small bauxite players in lurch

The small and medium bauxite players in Gujarat are seemingly left in the middle of nowhere as the new government resolution (GR) has kept the mining lease for the mineral reserved for a state run PSU. As per the resolution, the units using bauxite for calcination and beneficiation purpose will not be given lease of the mineral and the state has close to 200 units that are solely dependent on this. All bauxite mines will be reserved for Gujarat Mineral Development Corporation (GMDC) except for areas already granted for prospecting license or mining lease.The state-run BSE listed PSU will ...