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THINK ALUMINIUM THINK AL CIRCLE
The world bauxite market this week during May 14-18 witnessed a myriad of events starting from Compagnie des Bauxites de Guinée’s (CBG) official launch of new visual identity to the appointment of André Henry by Canyon Resources Limited as Director of Port and Rail for Camalco SA.
Compagnie des Bauxites de Guinée (CBG), the largest single producer of bauxite in the world, declared the official launch of its new visual identity. It was emphasised by the projection of an institutional video, which explained “How the CBG does much more than bauxite, and how it is the most Guinean of the mining companies in Guinea.” The launch event was attended by the directors of the company, major players of the Guinean mining world, several diplomats, the Guinean media and also representatives of the Guinean State.
To know more: https://www.alcircle.com/news/guinea-cbg-rolls-out-its-new-visual-identity-for-better-communication-67557
Bauxite (6.5≤Al/Si＜7.5) price in Guizhou climbed RMB 10 per tonne to come in at RMB 370 per tonne on Tuesday, June 15, with average prices expected to range between RMB 340-400 per tonne. Bauxite (4.5≤Al/Si＜5.5) price in Henan grew by RMB 20 per tonne to settle at RMB 360 per tonne, while bauxite (5.5≤Al/Si＜6.5) price in Guangxi gained RMB 10 per tonne to RMB 230 per tonne.
Canyon Resources Limited, the developer of the world-class Minim Martap bauxite project in Cameroon, appointed André Henry as Director of Port and Rail for Camalco SA. Camalco SA is the 100% owned Cameroonian entity that holds the authorizations for Canyon Resources Minim Martap Bauxite Project in Cameroon, counted as one of the highest-grade bauxite deposits globally. André has been consulting to Canyon for the last 6 months.
André Henry, as Director of Port and Rail, joins Camalco Director-General Rick Smith in Cameroon, and, upon an invitation from Camrail, is based in the Camrail office near the port of Douala.
To know more: https://www.alcircle.com/news/canyon-resources-andre-henry-appointed-as-director-of-port-and-rail-for-camalco-sa-67591
The JV between DADA Holdings and Enervoxa, ElementUS Minerals LLC, appointed Joseph Carrabba as its Chief Executive Officer. ElementUS is developing a processing plant in Gramercy, Louisiana, that will extract highly strategic rare earth elements and other crucial minerals from residual bauxite.
Mr Carrabba carries over 30 years of executive experience in the natural resources and metals industries. He spent over 20 years in executive leadership at Rio Tinto, holding positions in its North American, Australian, Asian and European operations.
To know more: https://www.alcircle.com/news/joseph-carrabba-appointed-as-ceo-of-elementus-minerals-llc-67606
Ukraine imported 2.185 million tonnes of aluminium ores and concentrate (bauxite) at the value of $99.393 million in the first five months of 2021. That marked an increase of 12.3% in import volume and a hike of 16.8% in import value compared to the same period last year, according to statistics released by the State Customs Service.
To know more: https://www.alcircle.com/news/ukraines-bauxite-imports-rise-by-12-3-in-january-may-2021-67598
Guinea, known for having the world’s largest bauxite reserves, is set to expand production after the Societe Miniere de Boke’s (SMB) railway project is complete linking Santou II and Houda blocks to the Port of Dapilon. Most of the new bauxite production in Guinea will go to China, which last year was the biggest buyer of bauxite from Guinea. This comes as good news for Guinea’s finances and that the African Development Bank forecasts Guinea’s current account deficit and budget gap to shrink in 2022.
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