ERG cuts Kazakh bauxite production
Credit: Eurasian Resources Group
Mining and metals conglomerate Eurasian Resources Group (ERG) is shutting down for three months one of the bauxite mines supplying feedstock to its alumina plant in Pavlodar, Kazakhstan, the company said on Tuesday.
The Torgai mining division accounts for 3.4% of the plant’s bauxite supply, ERG said in a statement, adding that the move was a result of a decline in the prices of alumina and aluminium.
ERG’s Pavlodar plant produces 1.5 million tonnes of alumina a year, which it splits between ERG’s own smelter in the same city and buyers in Russia and China.
(By Mariya Gordeyeva and Olzhas Auyezov; Editing by David Holmes)
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