Bauxite is one of the most important industrial minerals and it being the aluminium ore, is the principal raw material for the production of alumina. Bauxite is also used as an important raw material for many other products like Alumina, Cement, Abrasives, High strength proppant, Emery, Alum etc.
Rawmin and its group companies are one of the leading Bauxite mines owners in western India with substantial reserves of the finest quality of Bauxite.
Rawmin believes in supplying the best and consistent quality of Bauxite to its customers and the endusers across the world, according to their needs, and backed up by excellent quality control, logistics and shipping support.
The aluminum price has recovered from 2009 global financial crisis lows below $0.60 per pound toward $1.00 per pound levels. Aluminum is currently being traded for about $2,178 per Metric tonne on the London Metal Exchange. Prices for Aluminium are expected to rise to $2,400 to $2,500 a metric ton next year.
It's favorable for Rawmin as a mining company and exporter of Bauxite to have a healthy tailwind of strengthening aluminum prices, particularly while the alumina price linkage to aluminum persists. |