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AP explores options to end stalemate over UAE alumina refinery project


AP explores options to end stalemate over UAE alumina refinery project
By News Desk|   Published: 16th December 2020 9:56 pm IST
Santosh Patnaik
Visakhapatnam: After finding itself on a sticky wicket, the Andhra Pradesh Government is keen to find out a viable solution to operationalise an alumina project near here, seven years after it was completed with an investment of about Rs.6,000 crore.
The trigger for the exercise was the international arbitration raised by Ras-al-Khaimah Investment Authority (RAKIA) after the State Government led by Chief Minister Y.S. Jagan Mohan Reddy cancelled the bauxite supply agreement made by AP Mineral Development Corporation (APMDC). The erstwhile Telugu Desam Party Government of Chief Minister N. Chandrababu Naidu had also announced not to allow bauxite mining in the forests of Eastern Ghats following protests by tribal and anti-mining activists. ....

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