The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
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Due to ongoing winter-heating season and resultant aluminium smelting cuts, bauxite demand in China domestic market has declined marginally. As a result, bauxite imports dropped in January to 7,037,633 tonnes from 7,163,056 tonnes in December last year. China’s total bauxite import for the...
China imported 7 million tonnes of bauxite from the global market in January, an increase of 53 per cent year on year, revealed data released by the General Customs Administration of China. Guinea and Australia continued to be the biggest suppliers of bauxite to China. Image Source: Shanghai Metals...
High Court has set February 5, 2018, to give a ruling on in a suit filed against Ashanti Regional Minister by Exton Cubic Group over the seizure of their mining equipment. The Attorney General yesterday explained to the High Court Human Rights Court Division that the State needs more time in Exton...
The State Cabinet in its meeting held yesterday, February 21, has approved the amendment of the long-term linkage policy to facilitate bauxite linkage. Chief Secretary Aditya Prasad Padhi said 70 per cent of the saleable stock of bauxite will be made available for long-term linkage and the balance...
Odisha Mining Corporation (OMC), a state run mining entity, has announced that they have received all clearances for Kodingamali bauxite mine and expects to commence operation at the mine in two months. "We have all clearances in place for Kodingamali. Hopefully, mining activity will take off in...
Mercantile OFM has extended the Offer Period of the Off Market Takeover Bid for 50% shares in Bauxite Resources to 7:00pm (Sydney time) 30 April 2018. The company serves a new notice with ASIC to BAU Shareholders encouraging them to read the offer variation. According to the Extension of the Offer...
Government has decided to release the seized mining equipment belonging to Exton Cubic following the cancellation of revocation order of bauxite mining lease. The company’s bauxite mining lease was revoked by the Lands and Natural Resources Ministry in September last year. The mining equipment was...
India’s Odisha government may collect INR 270 billion from bauxite miners and miners of other minerals for indulging in excess production. The government has planned to send demand notices to the non-ferrous mine leaseholders for extracting beyond the approved limits. A government official said:...
Research and production corporation United Wagon Company (UWC) will supply 114 hopper cars to the Republic of Guinea. UWC won an international tender organized by RUSAL, one of the world’s largest aluminium producers. Freight cars will be used to transport bauxites from Dian-Dian deposit in the...
Exton Cubic Limited has welcomed High Court decision allowing the company to explore bauxite in the Ashanti Region. Godwin Edudzi Tamakloe, a member of the company’s legal team told Citi News that the company is happy with the court’s verdict. The Accra High Court on Thursday, 8 February 2018,...
India’s major industrial mineral production including iron ore, bauxite, limestone, chromium and manganese may witness a 5-8 per cent growth this year, a senior Ministry of Mines official said yesterday in Hyderabad. The volume growth will be reflected in much higher value terms in comparison to...
One country that has come a long way as bauxite exporter in last three years is Montenegro. The Balkan country grew its aluminium ore exports from 185969.5 tonnes in 2015 to 1.29 million tonnes in 2017 (estimated). Going by available international trade data, Montenegro is estimated to export 1.02...
Brazil, the third largest bauxite producer after Australia and China, shipped 433,797 tonnes of bauxite in January, down 48.7% year on year, according to Brazil’s Ministry of Industry, Foreign Trade and Services (MDIC). For the twelve months of 2017, Brazil’s exports of bauxite decreased 14.2% year...
The Jamaican government has signed an agreement with China's Gansu Provincial government to develop a $6 billion industrial park and Special Economic Zone around the JISCO/ALPART alumina refinery in Nain, St Elizabeth so that they can generate optimum revenue from their bauxite reserves. A press...
High Court on Thursday has cancelled ministry of lands and natural resources minister John Peter Amewu’s revocation of bauxite mining lease of Exton Cubic. The Accra High Court’s decision indicates that the company can now explore bauxite in the Ashanti Region. Justice Kweku Ackah-Boafo said that...
According to a report from Fiji Times, the first shipment of bauxite this year, valued $2.6 million, is being loaded in Bua bound for China. Ministry of Lands and Mineral Resources acting director Apete Soro confirmed the news that total bauxite tonnage of 57,960 was being loaded by the Aurum...
Bauxite Resources has lodged a Supplementary Target’s Statement on Feb 2 in relation to the recent Bidder’s Statement for the Off Market Cash Offer from Mercantile OFM. Mercantile OFM recently increased its offer to 11 cents per share for 50% of your shares in BRL (6 cents per share after the 5...
Australian bauxite export market is pegged at around US$30 million in 2018. After reaching an estimated 24 million tonnes in 2017, total bauxite export from the country is expected to total at 21 million tonnes this year. An earlier Department of Industry, Innovation and Science (DIIS) report had...
