Experts for hassle-free bauxite mining Eastern Ghats

Vedanta Resources Plc CEO Tom Albanese interacting with delegates at the inaugural of three-day conference of International Bauxite, Alumina & Aluminium Society in Visakhapatnam on Thursday.   | Photo Credit: K_R_DEEPAK;K_R_DEEPAK -

Making strong pitch for clearing hurdles for bauxite mining in Eastern Ghats, several experts on Thursday called for developing Andhra Pradesh and Odisha as the world’s most preferred destination for investment in aluminium industry.

Seeking relaxation of norms with regard to regulations and allaying fears among environmental activists over adverse impact of mining in the hills, the experts who assembled here for the three-day conference of International Bauxite, Alumina and Aluminium Society (IBAAS) felt that with availability of rich bauxite reserves, one of the best in the world quality-wise, Indian aluminium industry could attract investments up to Rs.1 lakh crore with direct employment to 30,000 and indirect up to three lakh and contribute to the exchequer $20 billion to $ 25 billion in 10 to 15 years.

In his keynote address, Vedanta Resources Plc CEO Tom Albanese said raw material security was the main point of concern for the investors in the aluminium sector in India. Citing how China had been able to ameliorate poverty by making huge investments in aluminium production and a small country like Guinea had done wonders in exporting bauxite ore, he said India was still lagging behind in exploring its resources.

He said the negative propaganda on bauxite mining was an offshoot of vilification campaign and there was a need to counter it by creating awareness on availability of proven environment-friendly practices. In partnership with the government and the stakeholders, the industry has to grow as a team effort,” he said.

President of Anrak Aluminium Ltd Hariharan Mahadevan said misplaced commotion over red mud and other so-called ecological issues had come as a big blow to the growth of the aluminium projects in the Eastern Ghats. He said there should be long term planning to ensure sustainable safeguards and precautions.

He said world’s best practices would be followed to improve greenery after mining and increase groundwater tables and called for awareness campaign to allay fears among certain sections.

IBASS president Vinod Sood presided. IBASS secretary Ashok Nandi, Jawaharlal Nehru Aluminium Research and Design Director Anupam Agnihotri and NALCO Director (Commercial) Soma Mondal and others spoke.

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Printable version | May 13, 2021 10:20:27 PM |

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