Eurasia resources group (ERG), a mining and metals conglomerate, reportedly announced on April 14th that it would close its Torgai mine in Kazakhstan for three months because of alumina and aluminum prices seen falling.
ERG explained that Torgai mine mainly supplied raw material to Kazakhstan's Pavlodar, which meet 3.4 % of the bauxite demand.
The Pavlodar refinery produces around 1.5m tonnes of alumina per year, which it sells to Chinese and Russian buyers as well as to smelters in the same city.
The Eurasian resources group (ERG) has joined Kazakhstan's epidemic measures to prevent the COVID-19 outbreak.