Indian government allows OMC to sell all bauxite
Views : 166
Update time : 2021-03-10 16:16:26
The State government’s proposal of the bauxite sales was approved by the Cabinet last Saturday (March 3), allowing Odisha Mining Corporation (OMC) to sell the whole quantity of bauxite for 2020-21 at a price of 1,000 rupees per ton through a national e-auction.
According to the decision, the bauxite buyers have to pay the differential tax rates regulated by the Orissa High Court in its order on November 8, 2010.
The process is a one-time measure, which will be limited only to the fiscal year 2020-21.
Malaysian Anti-Corruption Commission raids lead to arrest of state official linked to illegal bauxite mining in Kuantan
Chinalco together with Dalian Liaonan Shipyard unveils joint innovation centre for ship equipment
SMM alumina price opens the week with a growth of RMB22/t; Australian alumina FOB price rises by US$37/t
