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Home > India: Toward a Reduction in the Reference Price of Bauxite to Support Aluminum Production and Consumption

India: Toward a Reduction in the Reference Price of Bauxite to Support Aluminum Production and Consumption

1 November 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

In a move that could greatly affect the mining and industrial sector, the Indian government's Ministry of Mines recently made a proposal to reduce the reference price of bauxite. This price is critical in calculating the estimated value of mineral resources and the premium payable in mining concession auctions. The decision to propose this change […]

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