30 OCTOBER 2014www.reuters.com
Anrak Aluminium says may get govt approval for bauxite project
Edited by : AL CIRCLE
1 min read
Anrak Aluminium is optimistic of securing government approval to mine bauxite in three to four months, a company official said on Wednesday, possibly ending a three-year wait.
"We are hopeful of getting approval in three to four months," Hariharan Mahadevan, president of projects at Anrak, told an industry conference in Singapore.
The mine, located in Andhra Pradesh, will have an annual capacity to produce 1.5 million tonnes of bauxite, used to make alumina which then goes into producing aluminium.
Its alumina refinery should be in place by April 2015, while the second phase will include a smelter, Mahadevan said. Amrak is a joint venture between Penna group of industries and Ras Al Khaimah Investment Authority, according to the company's Facebook page.
"We are hopeful of getting approval in three to four months," Hariharan Mahadevan, president of projects at Anrak, told an industry conference in Singapore.
The mine, located in Andhra Pradesh, will have an annual capacity to produce 1.5 million tonnes of bauxite, used to make alumina which then goes into producing aluminium.
Its alumina refinery should be in place by April 2015, while the second phase will include a smelter, Mahadevan said. Amrak is a joint venture between Penna group of industries and Ras Al Khaimah Investment Authority, according to the company's Facebook page.
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