Malaysia is one of the largest bauxite producing countries in the world. Malaysian bauxite was exported to China again since last November,and the exports of bauxite in Malaysia was drastically shrinking in February 2018. According to the data from General Administration of Customs of the People's Republic of China, Malaysia exported 29,486 tons of bauxite to China in February 2018, down by 93.47% compared to the same period last year.
Malaysia extended the ban on bauxite production until June 30, 2018, so that the government has time to set up a regulation to prevent repeated environmental damage. Malaysia's mineral company was optimistic about lifting the ban, which would benefit to resume its mining business.
According to the global import and export data, the exports of bauxite in Malaysia would reach to 9 million tons in the first half of 2018, which was higher than the same period last year. In the second half of this year, the exports of Malaysia bauxite would also increase further, which was expected to reach 10 million tons and was more than the same period last year.
Malaysia's bauxite exports to China decrease by 93% in Feb
13 Apr 2018 15:58 reported by Eva
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