Malaysia's bauxite mining windfall turns ugly
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
BAUXITE mining in Malaysia went on a tear after neighbouring Indonesia banned exports, transforming an industry that hardly existed until 2013 into China's biggest supplier.
In September alone, China bought a record 3.7 million tonnes of Malaysian aluminium-rich bauxite. It was a US$170.8 million windfall for the oil-palm covered hills in eastern Pahang state, where dozens of companies have rushed in, paying smallholder-farmers for their land to be dug up.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities