India will need to produce or import of 60 million tonnes per year of bauxite by 2030 to meet its aluminium needs, an executive at the International Bauxite, Alumina and Alumininium Society (IBAAS) said during Fastmarkets' 25th Bauxite & Alumina conference in Miami on Wednesday March 27.
Domestic Indian production will be dependent on the availability of other raw materials such as caustic soda and energy, Ashok Nandi told conference delegates. Current import needs are projected to be around 4 million tpy, with production forecast to be 24 million tpy and consumption of 28 million tpy, Nandi said. India is...