China’s largest alumina province to consolidate bauxite sector in 2007admin
December 11, 2006 Filed Under: Bauxite Mining, Mining Services
The Henan provincial government will complete the consolidation of local bauxite resources by the end of August 2007, a government official said Monday.
All bauxite prospecting and mining rights will be given to large alumina companies in Henan, said the Head of the Industry Department of the Henan Development and Reform Commission surnamed Li.
The consolidation will be carried out with strict government orders instead of using the market because consolidation will largely help the healthy development of Henan’s aluminum sector and should be done as soon as possible, she said.
There are five large alumina companies in Henan, including the Aluminum Corporation of China and Sanmenxia Aluminum.
Henan is China’s large alumina and aluminum province in central China. Its alumina capacity totals 5.5 million tons and discovered bauxite reserves amount to 382 million tons. A total of 16 new projects with a capacity of 7.73 million tons are under construction and planning in Henan. If they all launch production, they will use over 30 million tons of bauxite per year and cause resource depletion, said Li.