TradingMarkets.com, Nov 6, 2008
LONDON, Nov 06, 2008 (Dow Jones Commodities News via Comtex) -- VDNRF | Quote | Chart | News | PowerRating -- The Lanjigarh alumina refinery in the Kalahandi district of Orissa will start to be fed bauxite from a nearby mine by the middle of calendar 2009, its owner Vedanta Resources PLC (VED.LN) said Thursday.
This follows approval for the Niyamgiri bauxite project in August by the Supreme Court of India. The company had been forced to bring in bauxite from third-party sources while the case was ongoing.
Local tribes and activists had objected to mining in the hills, saying the project would foul the environment and destroy the livelihood of people living in and around the area.
"(Bauxite) will be transported by road until the end of calendar 2009, when our dedicated conveyor belt transportation system will become operational," the company added.
Alumina production capacity at Lanjigarh is 1.4 million metric tons a year, although the company plans to boost this to 5 million tons annually to feed the expansions at its Jharsuguda and Korba aluminum smelters.
Alumina output at Lanjigarh was 250,000 tons in the first half of 2009.
Four tons of bauxite is refined to make two tons of alumina, which is then smelted to produce a ton of aluminum metal.
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