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>Recently, a media update says The Republic of Fiji has earned revenue of $2.8 million from the first shipment of bauxite in 2017, totalling $52.2m revenue since mining started at Nawailevu in Bua in 2010. Fiji houses Vanua Levu mine, which is one of the largest bauxite mines in Oceana, with reserves estimated at one billion metric tons. Despite having such large reserve of bauxite, bauxite mining has not been explored productively in the country due to difficult location and logistics, the military coup in 2006, the constitutional crisis in 2009, and the current military dictatorship. However, Fiji is slowly ramping up production and export of bauxite to earn revenue for the disturbed country. So far, a total of 22 shipments of bauxite have been carried out by the Fiji...
<p>The Malaysian government has extended the moratorium on bauxite mining in Pahang for six months more until December 31, which was supposed to expire today.</p> <p>A survey conducted by the Department of Survey and Mapping Malaysia in April found an increase in the bauxite stockpile in the region. Natural Resources and Environment Minister Wan Junaidi Tuanku Jaafar yesterday said in an emailed statement.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/20160118_BAUXITE_MM.jpg" alt="news" width="448" height="300" /></p> <p>He said, “The ministry along with the state government has agreed to extend the moratorium for six months more until December 31 to enable the rest of the bauxite to be...
<p>Ghana’s Senior Minister Yaw Osafo-Maafo yesterday said at a conference in London after coming from China, that it has inked a memorandum of understanding (MOU) with China for the development of country’s bauxite industry.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Ghanabauxite.jpg" alt="news" width="517" height="344" /></p> <p>“To develop the bauxite project with its railway and converting bauxite into aluminium we will need about $10 billion … we signed an MOU.”</p> <p> “The money will come from the Chinese Development Bank; the implementation of the project will come from other agencies, infrastructure agencies in China, like China...
<p>Ecotourism & Conservation Society of Malaysia (Ecomy) has urged for the assignment of an independent group in order to monitor the bauxite mining in Kuantan, Malaysia. Ecomy is in favour of harmonised bauxite mining in the city with proper considerations of public health and environmental degradation.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Bauxite.jpg" alt="news" width="378" height="252" /></p> <p>“Bauxite mining must be harmonised with nature and this can be done through regular monitoring by the independent group,” Andrew Sebastian, co-founder and CEO of the Ecotourism & Conservation Society of Malaysia (Ecomy) told FMT.</p> <p>Andrew Sebastian stated over...
<p style="text-align: left;">Guinea, the country with the highest bauxite reserves in the world amounting to 7.4 billion tonnes, is racing past many countries to become a key exporter of bauxite globally. It is ramping up its production fast to cater to the growing demand of bauxite in China. In the initial five months of 2017, bauxite export from the country to China reached 9.4 million tonnes, up 164.5 per cent from the corresponding period previous year. In May alone, Guinea bauxite export to China reached 2.2 million tonnes, up 131 per cent from last year and down 4.3 per cent from the previous month.</p> <p>According to the international export-import statistics, bauxite export from Guinea was estimated at 28 million tonnes in 2016. However, the data is not in agreement with the...
<p>According to the vice president of Ghana Dr. Mahamudu Bawumia, Ghana has about a 160 million tonnes reserve of bauxite. The country would fetch revenue about $460 billion at current market prices from its bauxite reserves.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Dispatch-from-Ivory-Coast-Mines.jpg" alt="news" width="448" height="300" /></p> <p>The country has proven reserves of about 2.8 billion metric tonnes of iron ore; 160 million metric tonnes of bauxite; 430 million metric tonnes of manganese and 430 million metric tonnes of limestone, excluding gold and oil, according to a GNA report. </p> <p>He said, “Our case is that if we need just $20 billion to do a major...
<p>The Malaysian government has prolonged the period of moratorium on bauxite mining in Pahang till the 14th General Election (GE14), which was set to expire at the end of this month. Menteri Besar of Pahang, Datuk Seri Adnan Yaakob said they leave the matter to the federal government to make the final decision. </p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/DRONE-Pahang-red-lakes.jpg" alt="news" width="448" height="300" /></p> <p>Adnan Yaakob said, “The ruling government has to make the decision. Our mandate is up to the next general election, after which it depends on the government of the day. We have to wait until the general election.”</p> <p>"I am in favour of federal...
<p>Bauxite and prices in the domestic China market have registered the first gain on June 26 since May. Throughout June bauxite prices remained flat in all major Chinese provinces. 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. This has caused tightness in supply in a month and raised the prices in these provinces.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/bauxiteP.png" alt="News" width="709" height="355" /></p> <p>As reported by Shanghai Metals Market, average Bauxite (6.0=Al/Si<7.0) prices in Henan province were up from RMB 380/t to RMB 385/t on June 26. Bauxite...
<p>According to a recent press update, Metro Mining has received final environment approval from the Commonwealth Government for the Bauxite Hills Mine at north of Weipa. It was the Bauxite Hills Project component of the Bauxite Hills Mine, which is so renamed after the incorporation of the previous Skardon River Bauxite Project that has got the government approval. With this, Bauxite Hills Mine has secured both Commonwealth and State environmental approvals for the Bauxite Hills Mine.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/metro%20mining1.jpg" alt="News" width="517" height="226" /></p> <p>As Metro Managing Director Simon Finnis said, the final approval came after an extensive environmental assessment and...
<p>Metro Mining Ltd said that they have received environmental approvals from the State Government for its Bauxite Hills Project. The final approvals from the Federal Government are expected in the near future, it said.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/aus2010_76.jpg" alt="news" width="443" height="295" /></p> <p>The company has received the Environmental Authority (EA) for the Bauxite Hills Project from the Department of Environment and Heritage Protection (DEHP. “The State Government approval follows an extensive and detailed environmental assessment and community consultation process,” it said.</p> <p>Managing Director Simon Finnis said: “We have...
<p>Australian exploration and mining company Metro Mining Limited today announced that the company has secured debt finance facilities of approximately A$40 million for the development of the Bauxite Hills Mine.</p> <p>The company has selected Sprott Private Resource Lending (Sprott) and Ingatatus AG Pty Ltd (Ingatatus), a related party of Metro’s strategic cornerstone shareholder Balanced Property, to provide debt finance facilities.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Metro-Mining-PR-stock-tractor-855x0-c-default.jpg" alt="news" width="448" height="300" /></p> <p>Metro's Managing Director, Simon Finnis, said, “We are very pleased to have secured a highly...
<p>Indonesia loaded the first shipment of bauxite to Lubei Group after the government lifted ban on bauxite export. The ship is loaded with 56,000 tonnes of high-quality bauxite mined from West Kalimantan. It is expected to be arrived within 9 days, as reported by Shanghai Metals Market.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/indonesia-mining.jpg" alt="news" width="512" height="320" /></p> <p>On January 12 2017, Indonesia government lifted ban allowing the export of bauxite and nickel within limitations decided by the government. The implemented rules created concerns among many investors in Indonesia's smelting industry.</p> <p></p> <p>In 2014, Indonesia imposed a banned on...
<p>Metals and mining giant Rio Tinto has given a $100 million contract to Aggreko AusPac for the installation of 20MW power station at the Amrun bauxite project in North Queensland.</p> <p>Aggreko AusPac‘s team will install a high-efficiency diesel power system, including engine efficiency upgrades and a heat-recovery system to be utilized over the duration of the contract. The installation is expected to be completed by December this year.</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>Rio Tinto’s Amrun project general manager, Marcia Hanrahan said, “The contract to build this power station signifies another...
<p>According to the Economic Complexity Index (ECI), Kazakhstan is the 51st largest export economy in the world and the 48th most complex economy. The country’s mining industry is estimated to reach $30 billion by 2017.</p> <p>Kazakhstan has ample reserves of bauxite.The country occupies tenth place in terms of bauxite reserves.The country is one of the biggest bauxite producing countries in the world. However, the country also imports a major chunk of bauxite from global market to meet its domestic requirement. It has number of bauxite mines which include Lissakovsk bauxite mine, Turgay and Arkalyk bauxite mines.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/kazakhsthan%20tonnes.png"...
<p>Guinea and Indonesia, the two mineral-rich countries of Africa and Asia, could be eyeing possible bauxite tie-ups. According to a recent media report, delegates from the both the countries met last week to discuss a series of topics among which cooperation in bauxite mining sector remained a key possibility area.</p> <p>The parties agreed on establishing an Intergovernment Forum Dialogue by the end of the current calendar year through which possibilities of fostering closer ties in bauxite production between the two countries could be discussed.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/GuineaIndonesia.jpg" alt="News" width="517" height="344" /></p> <p>The Forum would exchange information on bauxite mining...
<p>According to the data released by the Ministry of Mines, India’s overall mineral production increased by 4.2 per cent for the month of April 2017 as compared to the production during the corresponding period last fiscal.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/large_5.JPG" alt="news" width="448" height="300" /></p> <p>The country produced 2008 thousand tonnes of bauxite during April 2017. The production of coal stood at 463 lakh tonnes. The country witnessed a decline in production of bauxite by 12.2 per cent. Coal production was also declined by 3.7 per cent. </p> <p>India’s total value of mineral production (excluding atomic & minor minerals) during April 2017...
<p>Jamaican government’s recent decision to waive off bauxite levy for UC Rusal operated Windalco has raised many questions among the opposition. In a situation when profit making has become easier in the wake of declining oil prices this decision is being viewed as somewhat inappropriate on the part of the government. However, mining minister Mike Henry says the waiver was necessary for the sake of the domestic bauxite industry itself.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Jamaica.jpg" alt="News" width="517" height="343" /></p> <p style="text-align: center;"><em>Source: Wikimapia</em></p> <p>Leading integrated aluminium producer UC Rusal operates two plants - Ewarton and Kirkvine under Windalco bauxite...
<p>On Wednesday June 14, France's Alliance Miniere Responsable (AMR) signed a deal with a Franco-Asian consortium to exploit bauxite reserves in a western Guinean city that recently faced unrest caused by protests against mining firms.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/guinea.jpg" alt="News" width="517" height="226" /></p> <p>As reported by local media, Societe Miniere de Boke (SMB), a joint French-Chinese-Singaporean venture, has been mining bauxite in Boke since 2014, and signed the deal with AMR at a Conakry hotel.</p> <p>Guinea is the world's leading producer of bauxite and is a lucrative destination for China to source bauxite after the mining and export ban crippled Indonesia and Malaysia, the two...
