Bauxite mining seen helping Tanah Makmur sustain earnings


PETALING JAYA: Tanah Makmur’s mining of bauxite is expected to help sustain earnings in spite of lower net profit from lower crude palm oil (CPO) prices in the near term.

Some 1.2 million tonnes of bauxite were discovered on Tanah Makmur’s KotaSAS township land banklast year, The company started mining the aluminium ore mid-year.

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