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25 Aug 20263MINS

Solomon Islands cannot verify value or payment trail for 33 Rennell bauxite shipments

A Solomon Islands bauxite investigation has found that the government cannot independently verify the quality, quantity, value or payment trail for 33 Rennell Island bauxite shipments. The inquiry has uncovered years of missing, incomplete and unaccounted-for records linked to shipments exported by Asia Pacific Investment Development Ltd and Bintan Mining SI Ltd. Investigators have found gaps in consignment permits, customs files, payment records and approvals that would normally support mine ...

25 Aug 20264MINS

Ambani’s Reliance eyes aluminium as Adani bets $11.5b on Odisha project

Mukesh Ambani owned Reliance Industries Limited (RIL) is evaluating an entry into India’s aluminium industry, potentially placing Mukesh Ambani’s conglomerate in competition with Gautam Adani’s Adani Enterprises as both groups expand into metals, bauxite and natural resources. The proposal remains at an exploratory stage, associated with Reliance’s plans for coal gasification, with the company considering metals production as a way to improve the commercial viability of the business. Reliance ...

24 Aug 20263MINS

Coal India eyes Ghana’s 920Mt bauxite as India hunts global mineral assets

Coal India, the world’s largest coal producer, is evaluating bauxite opportunities in Ghana as the Indian state-controlled miner eyes expansion beyond coal and to secure overseas mineral assets. The Ghana interest is part of a wider plan to establish Coal India’s first overseas trading office in Singapore. This could serve as a base for mineral trading and potential acquisitions involving bauxite, lithium, iron ore, rare earths and other critical minerals. As of Thursday, Coal India was value ...

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