It was reported that Aras Kuasa Sdn Bhd., a large bauxite producer with an annual production capacity of 1.2 million tons in Malaysia, has planned to resume bauxite production in early March, the plan failed to achieve due to the leadership change in the country.
Since the leadership change needed time, Aras Kuasa didn’t get a new mining license last week, while it was expected to obtain a mining license after a month and resume its bauxite production.
Aras Kuasa has stopped its production due to the expiration of the mining license. The firm’s bauxite production totaled around 60,000 tons in January.