trending Market Intelligence /marketintelligence/en/news-insights/trending/IspUZ1R-8WI9PznQkfWN3Q2 content esgSubNav
In This List

Malaysia extends bauxite mining moratorium by 3 months

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

World Exploration Trends 2022

Blog

Gold Market Outlook

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy


Malaysia extends bauxite mining moratorium by 3 months

The Malaysian government has again extended its moratorium on bauxite mining by three months, to June 30, to clear the remaining bauxite stockpiles in the country and as it continues to tackle the environmental damage caused by the sector.

In a March 27 report, Reuters cited Natural Resources and Environment Minister Wan Junaidi Tuanku Jaafar as saying 2.15 million tonnes of bauxite stockpiles still remained from a total of 5.4 million tonnes before the moratorium was first imposed in January 2016.

The first three-month ban was introduced in response to public outcry over water contamination and other environmental damages caused by the mining sector after it ramped up output in 2014 to fill the supply gap from Indonesia's ore export ban. The moratorium has been extended several times since, with the recent extension proposed earlier this month.