70 per cent of the saleable stock of bauxite would be made available for long-term linkage (LTL) and the rest 30 per cent is to be sold through national e-auctions
Though the export duty on bauxite was reduced by five per cent, to 15 per cent, in the earlier Union Budget
A duty of 15% makes aluminium raw material uncompetitive in Chinese markets; livelihood of thousands of workers at stake