China’s Mole Resources to resume bauxite imports from Malaysia
Views : 246
Update time : 2020-06-17 20:58:58
Mole Resources Co., Ltd., a bauxite producer and trader in China, planned to resume Malaysian bauxite imports in mid-July, with the first shipment of around 45,000 tons.
It was understood that Mole Resources has a bauxite investment and mining permit in Kuantan, Malaysia. The firm has started to produce bauxite last weekend, and the output was expected to be 45,000 tons in the next month.
Mole Resources’ annual bauxite production capacity is 2.4 million tons, and it aimed to produce and import roughly 1 million tons of bauxite this year.
Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions
Aluminium prices rise across the board on SMM, defying previous week’s declining trend
