Anrak Aluminium says may get govt approval for bauxite project

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.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.