Home / Metal News /  / Malaysia Bauxite Exports to China to Take Further Hit from Mining Ban Extension, SMM Reports
Malaysia Bauxite Exports to China to Take Further Hit from Mining Ban Extension, SMM Reports
Sep 9,2016 10:38CST
price review forecast
Source:SMM
Malaysia decided to extend bauxite mining ban from September 14 to December 31, the Minister of Natural Resources and Environment said in a press conference.

SHANGHAI, Sep. 9 (SMM) – Malaysia decided to extend bauxite mining ban from September 14 to December 31, the Minister of Natural Resources and Environment said in a press conference.

The mining ban will likely be extended by another six months, should bauxite stocks fail to be depleted before December 31, the minister added.

LME Aluminum Unlikely to Get Rid of Weakness Next Week, SMM Foresees

China has seen dramatic declines in bauxite imports from Malaysia since the ban took effect earlier this year. Customs data showed the share of Malaysia in China’s bauxite imports fell from 40% in January to just 4.2% in July.   

China’s bauxite imports tumbled 32% in July compared with January, due to Malaysia’s mining ban and yuan’s depreciation. 

Guinea to Replace Australia as Top Bauxite Supplier to China by 2017

SMM learned that trading activity for Malaysian bauxite has turned slightly active. But, mining ban extension and upcoming monsoon mean exports from the country are unlikely to see big growth, SMM predicts.  

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

 


malaysia bauxite mining ban
China bauxite imports

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news