Rio Tinto’s planned USD 1.9 billion investment in the Kangwinan bauxite project is expected to support more than 1,300 construction jobs in Queensland, while helping secure the long-term future of its Weipa mining operations as existing sources of production approach the end of their lives. Located on Western Cape York Peninsula, Kangwinan will add 20 million tonnes of annual bauxite production capacity, with first output targeted for 2029 and full production expected by 2032. The project will raise Weipa Operations’ annual capacity to around 44 million tonnes from current production of approximately 38 million tonnes. Construction is scheduled to ramp up in 2027. Beyond the immediate employment boost, the investment is expected to help sustain Rio Tinto’s residentially based workforce of...
International Responsible Business Conduct (IRBC) has completed a project examining aluminium and bauxite supply chains to improve transparency and traceability in materials supporting the renewable energy transition. The project brought together wind energy company Siemens Gamesa, Dutch cable manufacturer TKF, Digital Product Passport (DPP) technology provider Minespider, and project partner Responsible Trade. The initiative mapped selected upstream aluminium and bauxite supply chains and tested secure DPPs to organise and present traceability and sustainability information across multiple supplier tiers. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price...
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<p>According to the news published by Shanghai Metals Market, Topsun International Industrial Limited that focused on high quality bauxite production and export sales, is set to export its bauxite to the China market, a source familiar with the company said.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/topsun.jpg" alt="news" width="448" height="300" /></p> <p>The company have already started loading its second ship in Indonesia. The ship loaded with bauxite will be carrying approximately 55,000 tonnes.</p> <p>The source also added that the bauxite will be shipped to the China’s Shandong Lubei Enterprise Group. The Group produces one million tonnes of aluminium per annum.</p>...
<p>Bauxite prices in China have been flat for about two months now. Mining operations in major bauxite-producing regions Shanxi and Guizhou were mostly suspended in May as the central government ramped up anti-pollution measures in these regions. There was no high demand due to the upcoming alumina capacity cut in Beijing during winter.</p> <p>The below table shows the current Prices of bauxite in the popular Chinese provinces:</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/bauxite%20china.png" alt="News" width="716" height="242" /></p> <p>But, SMM experts expect the new environmental regulations to lift up bauxite prices in China. On June 13, China’s Ministry of Environmental Protection issued revised...
<p>The leading Australian mining and exploration company Metro Mining announced today the completion of fund raising for its flagship Bauxite Hills mine project in Queensland. The achievement highlights the fact that any project of global calibre can attract sizeable funding even in the current market scenario.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/metromining.jpg" alt="News" width="517" height="291" /></p> <p><a title="Bauxite Hills" href="http://www.alcircle.com/bauxite/newscircle/project/detail/28245/metro-mining-to-raise-more-funds-for-the-development-of-bauxite-hills-project" target="_blank">Metro Mining</a> has completed raising A$38 million at A$0.135 per share, a heavily oversubscribed institutional...
<p>Rio Tinto today announced the production results for the second quarter of 2017. The company recorded improved production at its bauxite operations.</p> <p>Rio Tinto produced 12.9 million tonnes of bauxite in the second quarter of 2017. The production increased seven per cent when compared to the same quarter previous year. This was due to strong production at Weipa and Gove mine. </p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/3603a5ceeab962a9025be2becaacafe4.jpg" alt="news" width="448" height="300" /></p> <p>“Gove production was 27 per cent higher than the second quarter of 2016 due to continued de-bottlenecking of capacity, whilst production at Weipa was three per cent...
<p>Leading bauxite developer Metro Mining announced trading halt on Monday, July 17, as it prepares to raise yet another round of capital for the development of Bauxite Hills project in Queensland, Australia. The company which recently secured A$40 million debt financing from Sprott Private Resources Lending and Ingatatus, is hoping to raise another A$38 million through a two-tranche share placement.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Australian-Bauxite-.jpg" alt="News" width="517" height="293" /></p> <p>Metro said that the first tranche will raise some A$33.9-million and the tranche a further A$4.1-million. The proceeds from the raising will go on to fund capital expenditure of the Bauxite Hills mine...
<p>The exports of bauxite in Brazil rose in June following 1.6 per cent year-on-year drop in the fourth quarter of the last financial year ending 31st March 2017. Bauxite export in June totalled 906,881 tonnes, up 9.3 per cent from the same period previous year<strong>.</strong></p> <p>Bauxite industry has seen considerable progress last week. Here is a round-up of the most important news stories on the bauxite sector from the week gone by:</p> <p><strong>ABx’s Binjour bauxite resources review poised to progress to the next step</strong></p> <p>Australian Bauxite Limited (ABx) recently updated its investors on the review of bauxite resources at Binjour saying that the project is soon to step into its next logical level. According to the company, Rawmin Mining and...
<p>A drop in global bauxite price has slowed down bauxite shipment of XINFA Aurum Exploration in Fiji. However, the company says it will continue with its mining operation in Bua despite the price drop in order to accumulate its stock. Ministry of Lands and Mineral Resources Permanent Secretary Malakai Finau confirmed this saying that the company will continue mining and export the stock later when the commodity price improves.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/fiji%20bauxite%206.jpg" alt="News" width="517" height="226" /></p> <p>He added that bauxite shipment last year declined due to low commodity price in China who is the primary buyer of the Fijian bauxite. Fijian bauxite which is not of premium quality...
<p>Dr. Ashok Nandi, the Convener for IBAAS Conference, recently told Mining Weekly that Guinea hosts largest bauxite deposits, and the fastest-developing bauxite mining and export centres, and hence, it was selected as the venue for IBAAS this year. He said that the registration for the conference and the submission of presentations and abstracts in English and/or French has opened.</p> <p>International Bauxite, Alumina & Aluminium Society (IBAAS) in association with Camen Resources, is organizing 6th International Bauxite – Alumina symposium (IBAAS-2017) on 21st – 22nd September, 2017 at Conakry, Guinea. The title of the IBAAS-2017 symposium is “Sustainable Development of Bauxite & Alumina Industry in Guinea”.</p>...
<p>Rio Tinto, one of the leading metals and mining conglomerate in the world, has almost reached the completion of its Amrun bauxite project which is located in north Queensland. The company’s $2.6 billion project is complete by one third and the first production is expected to start in the first half of 2019.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/rio_tinto.jpg" alt="news" width="448" height="300" /></p> <p>The company announced its 2.6 billion investments in the Amarun project in 2015, which would comprise of a bauxite mine, a refinery and port facilities. Amrun is a Greenfield bauxite development in the Weipa/Aurukun region of Western Cape Work. The project will eventually...
<p>Scania CV India, a subsidiary of Scania Group, has launched the new U-BODY tipper truck for the country’s mining sector. The global manufacturer of heavy duty vehicles and engines aims to increase productivity across a wide section of mineral exploration including coal, bauxite, and iron ore with the CV while bringing down the Total Operating Economy, an industry source reported.</p> <p>The launch of the U-BODY tipper for exploration of coal, iron ore, bauxite, and other minerals is part of Scania India’s vision to build innovative and sustainable transport solutions for the country’s mining sector.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/scania.jpg" alt="News" width="517" height="387" /></p>...
<p>Leading bauxite producer Australian Bauxite Limited (ABx) recently updated its investors on the review of bauxite resources at Binjour saying that the project is soon to step into its next logical level. According to the company, Rawmin Mining and Industries Pvt. Ltd, the marketing partner of ABx, has requested to make advancement with the review that began in May, Aluminium Insider reported.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/ABX.jpg" alt="News" width="517" height="388" /></p> <p>The scope of the Binjour bauxite resources review includes a mining lease at Toondoon, located one hundred miles from the port city Bundaberg in central Queensland. The lease having an estimated bauxite reserve of 3.5 million...
<p>Brazilian bauxite export volume rose in June following 1.6 per cent year-on-year drop in the fourth quarter of the last financial year ending 31<sup>st</sup> March 2017. As per foreign trade ministry of Brazil, MDIC data, bauxite export in June totalled 906,881 tonnes, up 9.3 per cent from the same period previous year. In June 2016, Brazil exported 829,837 tonnes of bauxite.</p> <p>{newsStudioGallery}</p> <p>Going by the estimates, if the rising export trend continues, Brazil’s total bauxite export volume for the entire year of 2017 will reach 11.3 million tonnes (11315123.45 tonnes), up 17.7 per cent from 2016. Last year, bauxite exports from the country totalled 9.6 million tonnes (estimated).</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
<p>The State Mineral Resources Department of Chhattisgarh in India would approach mineral testing laboratories accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) for their services in analysing different elements of the bauxite ore in Chhattisgarh, senior officials informed. The Department would also embark upon detailed exploration of different bauxite mining blocks in Chhattisgarh.</p> <p>The process of preparing Exploration Report and the Prefeasibility Report is currently underway.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Chhattisgarh.jpg" alt="News" width="517" height="344" /></p> <p>Chhattisgarh is among 19 States in the country where the Geological Survey of India...
<p>According to a report published by Reuters, Malaysia’s bauxite export is growing in spite of bauxite mining ban in Pahang. Malaysia is exporting bauxite to China’s aluminium industry, the biggest customer of country’s bauxite.</p> <p>Industry figures and analysts project that the exports and mining are expected to be continued in the future as long as there is demand from China.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Bauxite%20mining%20in%20Pahang.jpg" alt="news" width="448" height="300" /></p> <p>The government first banned the bauxite mining on January 15, 2016 after the residents protested over contamination of water due to unregulated bauxite mining. The...
<p>According to a mining ministry official, the Ministry of Energy and Mineral Resources Indonesia has recommended the names of two more companies to allow them to export bauxite and nickel ore. This was the second such development after the government relaxed a ban on unprocessed mineral exports in January 2017.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/PT%20Dinamika.jpg" alt="News" width="517" height="226" /></p> <p>As told by Mineral Enterprise Director Bambang Susigit to the reporters, the recommendations will allow PT Dinamika Sejahtera Mandiri to export 2.4 million tonnes of bauxite through July 2018. The recommendation also allows PT Ceria Nugraha Indotama to export 2.3 million tonnes of nickel ore...
<p>Ghana vice president Dr. Mahamadu Bawumia came forward to defend and clarify the receipt of US$19 billion funds from China; he said the funds receipt was actually for a bauxite joint venture with China and not a loan.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/GhanaChina.jpg" alt="News" width="517" height="343" /></p> <p>Ghana’s decision to tie up with China to leverage its rich bauxite resources has recently drawn criticism from a section of the industry. The two-way benefits that this venture would provide to both the countries have been viewed differently.</p> <p>Dr. Bawumia said the cooperation is going to be a win-win situation for both Ghana and China. Ghana could earn up to $460 billion by refining...
<p>Ghana is mulling mortgaging the bauxite deposits in the Atiwa forest and Nyinahin to China for some US$15 billion. The country which stands a good chance to prosper leveraging its rich mineral resources has found in world environmentalists and other industry experts staunch critics of the decision. They say, by doing this Ghana would be losing out on many other benefits that it has been deriving from the forest belt for years.</p> <p>However, sustainable bauxite mining keeping other forest areas untouched is likely to rake in more benefits to a country looking to boost its economy badly.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/ghana.jpg" alt="News" width="517" height="326" /></p> <p>A few days back...
<p>A senior mining official from Jamaica is urging the quick resolution of the Cockpit Country boundary markings to determine the areas where bauxite companies can mine for bauxite. He says it is stopping the completion of partnership agreements with New Day Aluminium Jamaica Limited, which an affiliate of Dada LLC, the company that acquired Noranda's stake in the St Ann Bauxite Limited in October 2016 and continues to operate the mines as Noranda Alumina.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/st%20ann%20bauxite.jpg" alt="News" width="517" height="226" /></p> <p>The official said that without the partnership agreements, which cannot be possible without the resolution of the Cockpit mining issue, Jamaican...
