Bauxite

Aluminum Laterite Mining Developments - Summer 2024

During the summer of 2024, significant advancements were made in the aluminum laterite mining sector, particularly at the bauxite mines located in Belavatti. These efforts mark a pivotal period for the company in solidifying its position in the industry, reinforcing its commitment to sustainable growth and resource management. Below are the key points highlighting these developments:

Significant Advancements

Significant Advancements:

  • Major advancements in aluminum laterite mining sector during summer 2024.
  • Focus on bauxite mines located in Belavatti.
Mine Details

Mine Details:

  • Total area: 250 acres.
  • Organized into 15 blocks, each averaging 12 acres in size.
  • Total estimated reserves: 17,932,320 metric tons of aluminum laterite.
Aluminum Laterite

Aluminum Laterite:

  • Rich in aluminum, commonly found in tropical and subtropical regions.
  • Forms through the weathering of aluminum-rich rocks in hot and humid climates.
  • Economically viable for aluminum extraction.
Expansion Efforts

Expansion Efforts:

  • Acquisition of additional 800 acres of land across Maharashtra, Chandgad, and Kannur.
  • Aim to diversify geographic footprint and tap into new aluminum laterite reserves.
Strategic Goals

Strategic Goals:

  • Enhance mining capabilities and secure substantial mineral resources.
  • Meet rising global demand for aluminum in various industries (construction, transportation, aerospace).
Company's Approach

Company's Approach:

  • Proactive approach to growth and resource management.
  • Commitment to sustainable growth in face of increasing industrial demands.