Chinese bauxite price rocket higher
The ministry of information and technology announced on 1 September that it will strengthen the regulation on explosive industry.
A looming mining curtailment due to an explosive sale ban in China has propelled spot bauxite prices higher. Supply uncertainty is set to continue over the coming months as Beijing continues its anti-pollution crusade.
Spot calcined bauxite prices in China rocketed higher over the past two weeks as mining and production curtailment loom ahead of the explosive sale ban in the country.
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