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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<p>Rio Tinto reports four per cent increase in bauxite production in the first half of 2017 at 24.2 million tonnes in comparison to the same period of 2016. The increase was driven by record production at both Gove and Weipa bauxite mines.</p> <p style="text-align: center;"><img...
<p>Saudi Railways Company (SAR) reported that it transported 4.06 million tonnes of phosphate and bauxite in the first half of 2017, an increase of 27 per cent. SAR’S mineral trains carried 3.21 million tonnes of phosphate and bauxite in the first half of 2016.</p> <p><img...
<p>A Bloomberg report says Abu Dhabi Ports is discussing a possible deal in Africa to leverage on the continent’s growing trade with Asia, especially Middle East. Chief Executive Officer of the government-run terminal operator, Mohamed Juma Al Shamisi said this in a Bloomberg Television...
<p>Bauxite prices in China major market are awaiting a rise after a prolonged lull, as supply shortage of the raw material seems to be brewing up. China’s bauxite output dropped in June 2017 creating a supply crunch for the production of calcined refractory material. Industry watchers...
<p>Brazil, the South-American country with the third largest bauxite reserve in the world after Guinea and Australia, and the third largest bauxite producer after Australia and China, lost the competition to India and Guinea as one of the top bauxite exporters to China. Brazil stood fifth in terms...
<p>Queensland Bauxite Limited has published its June Quarter 2017 report and updated on its progress on the development of its flagship South Johnstone DSO bauxite project in northern Queensland. The company aims to generate positive net cash flows in the short term once they start production and...
<p>Indonesia’s stepping back from bauxite export market saw many countries leveraging the opportunity and making it big over the years. Guinea came up in a big way, and there were the quintessential big players like Australia, Brazil, followed by China and India. One country that lagged...
<p>Metro Mining Limited is pleased to provide a construction update for the Bauxite Hills project, which is now fully funded through to the commencement of production.</p> <p> SAB Mining has been mobilised to site to commence civil works. SAB’s initial focus will be at the Port area,...
<p>Australian Bauxite Limited announced the confirmation of its next bauxite sale. The company confirmed a sale of 30,000 tonnes of cement grade bauxite from its Bald Hill Bauxite mine, Campbell Town, Northern Tasmania.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
<p>Growing demand for high-quality bauxite in the international market is slowly transforming the mining scene in Cape York at Far North Queensland. A number of bauxite projects are coming up in the area besides the Rio Tinto’s $2.6 billion Amrun project which would be one of the largest...
<p>The House of Representatives has approved $715.687 million grant to the Jamaica Bauxite Institute (JBI) from the Capital Development Fund (CDF), as a budgetary support for the 2017/18 financial year.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
<p>After hitting the highs of around 1.28 million tonnes in Q2 FY 2016-17, India’s bauxite export is inching towards a decline, as steep as 59.7per cent year-on-year, reveals global export-import trade estimate. The country exported an estimated volume of 4.12 million tonnes of bauxite in...
<p>Bauxite imports by the U.S. in the first quarter of the current financial year have dropped both quarter-on-quarter and year-on-year, reported U.S. geological Survey in their latest Mineral Industry Surveys report. The imports of dried and crude bauxite in Q1 FY2017-18 totalled 790,000 tonnes,...
<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:...
<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...
<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...
<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...
<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...
