Malaysia's bauxite industry headed from boom to bust
Wed, Feb 15, 2017 - 5:50 AM
Bauxite surged to become a key mineral shipped to China, Malaysia's largest trading partner. At US$50 a tonne, Malaysia's 2015 exports were worth over US$1 billion.
ALREADY under fire for widespread environmental damage, Malaysia's once lucrative bauxite mining industry is facing a likely death knell from neighbouring Indonesia's move to allow a resumption of exports.
This time last year, Malaysia was the world's biggest supplier...