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>Government of India has identified 71 mineral blocks in seven Indian states for auctioning during the current financial year. The blocks include bauxite mines and mines of gold, cement grade limestone, graphite, emerald, iron ore, manganese, copper, and limestone among others.</p> <p>Among the blocks identified for auction, there are four bauxite blocks in Chhattisgarh, three bauxite blocks in Gujarat, one bauxite block in Jharkhand, and four blocks of bauxite mines in Maharashtra, the Ministry of Mines said in an official statement.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/blocks.jpg" alt="News" width="500" height="333" /></p> <p>The states appraised the Centre of this decision in a meeting of the...
<p>Anrak Aluminium, a joint venture between Penna Group and Ras-Al-Khaimah Investment Authority (UAE), has requested Government of Odisha to find out a possible solution to its bauxite supply uncertainty issue that is making its alumina refinery unit at Makavarapalem, Andhra Pradesh starve since inception. The company clearly does not want the refinery built at a total cost of INR 5600 crore to suffer the same fate as Vedanta’s Lanjigarh refinery.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Odishamining.jpg" alt="News" width="507" height="304" /></p> <p>Anrak had initially set up the 1.5 million tonne-alumina refinery on promise from the Andhra Pradesh Mineral Development Corporation (APMDC) that it will supply...
<p>Chinese power transformer and other equipment manufacturer TBEA has expressed intentions to exploit the bauxite mined and left behind by the global mining company BHB Billiton in Guinea.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/bauxite.jpg" alt="News" width="517" height="290" /></p> <p style="text-align: center;"><em>Source: Google</em></p> <p>A business delegation from China comprising TBEA executives met Guinea’s environment, waters and forestry minister Mrs. Aissatou BALDE this week and shared their plans.</p> <p>The office of the Economic and Commercial Counsellor of the Embassy of the People’s Republic of China in the Republic of Guinea published a report in this regard on their website.</p>...
<p>Societe Miniere de Boke (SMB) will be able to export 35 million tonnes of bauxite from Guinea per year once the third phase infrastructure project is completed, MiningSink reported.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/488889044.jpg" alt="news" width="448" height="298" /></p> <p>SMB, co-founded by Singapore’s Winning International Group, China’s Hongqiao Group, Yantai Port Group and Guinea’s UMS, entered into production in July 2015. The JV exported 8 million tonnes of bauxite from July 2015 to July 2016 and exports hit over 10 million tonnes in 2016, challenging Guinea-based CBG’s leadership. </p> <p></p> <p>Construction of mining sites in the first...
<p>Bauxite is slated to become one of the most in-demand mineral ore traded worldwide. The principal ore of aluminium, bauxite is majorly found in the tropical and sub-tropical regions such as Australia, Africa, South America, West Indies, India, China and some parts of Europe (in small quantity). A recent market study by Digital Journal suggests that North America has the largest market share for bauxite mining owing to the high aluminium demand in the region.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/bauxitemining.jpg" alt="News" width="488" height="320" /></p> <p>The global bauxite mining market is predicted to register a steady growth by 2020. According to the report, after North America, Europe and Asia...
<p>Bauxites de Guinée's (CBG), one of the largest producers of bauxite in the world, is planning to increase its annual production capacity of bauxite to 22.5 million tonnes in the future, reported by MiningSink.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/1.8630583.jpg" alt="news" width="448" height="297" /></p> <p>CBG is a joint venture between the Guinean Government (49%) and Halco Mining (51%) also a joint venture between Dadco Mining and Rio Tinto Alcan. Currently, the company produces 14 million tons of bauxite per year.</p> <p> </p> <p>The Company exploits the world-class Sangarédi bauxite deposit in northwestern Guinea, recognized for its rich ore body...
<p>Bauxite prices in China major markets remain unchanged while demand grows sustainably within the country. As on June 5, Monday, average price of Bauxite (5.5=Al/Si<6.5) Guangxi stands at RMB 217.50 per tonne, Bauxite (6.5=Al/Si<7.5) Guizhou average price is RMB 295 per tonne, Bauxite (5.5=Al/Si<6.5)Guizhou price is RMB 230 per tonne and Bauxite (6.0=Al/Si<7.0) Henan average price is RMB 380 per tonne.</p> <p><img style="vertical-align: middle;" src="http://alcircle.com/uploads/images/BauxiteSMM.png" alt="News" width="517" height="218" /></p> <p>In Shanxi, Guangxi, and Henan too, bauxite prices showed a flat trend. As on June 5, average price of Bauxite (6.0=Al/Si<7.0) Shanxi is recorded at RMB 355 per tonne, Bauxite (6.5=Al/Si<7.5) Guangxi average price is RMB 292 per...
<p><span style="font-family: Calibri; font-size: medium;">The mounting demand for aluminium in China is expected to create new mining job opportunities in the Weipa region which is extremely rich in bauxite deposits. </span></p> <p><span style="font-family: Calibri; font-size: medium;">Metallica Minerals chief executive Simon Slesarewich said that the fundamentals of bauxite would remain strong due to the growing demand for fuel-efficient cars, planes and trains. “The majority of the iconic Ford F100 is now made of aluminium. In terms of where the demand is coming from, all roads lead to China,” he added. </span></p> <p style="text-align: center;"><span style="font-family: Calibri; font-size: medium;"><img style="vertical-align: middle;"...
<p>The Republic of Fiji, home to the Vanua Levu mine, which is one of the largest bauxite mines in Oceana, 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.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/55486.jpg" alt="news" width="448" height="278" /></p> <p>In March, William and Goslings Operations & Logistics Manager Madhulesh Lakhan confirmed that its vessel, the MV Ocean Merry, at the port of Galoa in the province of Bua, loaded the first shipment of bauxite ore for 2017.</p> <p>Dr Taga said the bauxite shipped to China weighed 58,709.60 tonnes which raked in revenues of...
<p>National Aluminium Company Limited (Nalco) commenced the process of opening a new bauxite deposit in the south block of Panchpatmali in Odisha.</p> <p>According to a senior government official, the new deposit will allow the company to maintain its bauxite production at 6.825-million tons that reached in 2016-2017 financial year. The new bauxite deposit is crucial for company’s alumina, aluminium capacity expansion plans.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Bauxite%20Mines.JPG" alt="news" width="448" height="297" /></p> <p>Pottangi bauxite reserves had been reserved for allocation in 2015. The allotment had been delayed due to bureaucratic hurdles. </p> <p>However, the...
<p>Greece is the leading producer of bauxite in the European Union. The country is one of the key suppliers of bauxite in the global market. Aluminium of Greece is the foremost aluminium producing company in Greece which owns Delphi-Distomon mining company. The company operates two large bauxite deposits at Boeotia and Phocis on the north coast of the Gulf of Corinth with total bauxite processing capacity of 200,000 tonnes in a year.</p> <p>{newsStudioGallery}</p> <p> </p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/greece%20tonnes.png" alt="news" width="488" height="292" /> ...
<p>Metro Mining has significantly strengthened sales agreements for its Western Cape York Bauxite Hills Mine with the signing of an Oftake Letter-of-Intent with Lubei Chemicals - China’s fifth largest bauxite importer.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Metro-Mining.jpg" alt="News" width="517" height="226" /></p> <p>In an announcement to the ASX today, Metro confirmed Lubei has signed the Letter-of-Intent for an initial 0.5 to 1.0 million tonnes per annum for 3 years commencing next year. A Binding Offtake Agreement is currently under negotiation. (See further details below)</p> <p>Metro already has a four-year, 7 million tonne Binding Offtake Agreement with Xinfa Group. Xinfa is one of the largest...
<p>Current trends in the metallurgical grade Chinese markets are encouraging and ABx is beginning to engage with potential customer refineries – but current prices still need to rise a bit yet.</p> <p>In the meantime, ABx will grow its bauxite business by supplying cement-grade bauxite for making high-strength cement and supplying fertiliser-grade bauxite for making superphosphate fertiliser. As demand for stronger, low alkali cement increases for infrastructure construction (especially in the USA), demand should increase for cement-grade bauxite of the type marketed by ABx. ABx bauxite is exceptionally low in alkali salts and is quartz-free.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Australia emerged as a top newsmaker in the bauxite sector in the last week. Australian bauxite sector has seen major developments from business growth opportunity and a number of companies won contracts for the ongoing bauxite projects. Guinea was also one of the newsmakers from the week. Here is a quick recapitulation to bring you up-to-date on the bauxite sector from the week gone by:</p> <p><strong>Metallica appoints mining and haulage contractor for Urquhart Bauxite project</strong></p> <p>An Australian bauxite developer Metallica Minerals Limited (Metallica) announced that the company has appointed the LCR Group (LCR) to undertake all mining and haulage operations on behalf of the Joint Venture at the Urquhart Bauxite project. For this, its subsidiary has signed a schedule...
<p>World bauxite export trade is growing. With demand for both crude and dried bauxite set on a steady growth trajectory and supply tightened due to various socio-economic reasons, the prices of the commodity are expected to remain stable or on a moderate uptrend in the medium-term. The market dynamics, international trade data suggests, is going to be largely impacted upon by the robust economic growth in China and India.</p> <p>{newsStudioGallery}</p> <p>As per the latest statistics shared by the United States Geological Survey for the year 2015 (estimated), the top five bauxite producing countries in the world are: Australia (80,000 thousand tonnes), China (60,000 thousand tonnes), Brazil (35,000 thousand tonnes), India (19,200 thousand tonnes), and Guinea (17,700 thousand tonnes)....
<p>Australian Bauxite Limited today announced that the company has received a letter of intent for a significant shipment of cement grade bauxite from its Bald Hill Bauxite mine, in Tasmania. The company’s marketing and logistics officers are in talks with the customer about delivery arrangements. The shipment date is expected to be early in the fourth quarter.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/r0_231_4512_2748_w1200_h678_fmax.jpg" alt="news" width="448" height="226" /></p> <p>Ian Levy, CEO of Australian Bauxite Limited, said, “Interest from new customers is increasing because we have a unique cement-grade product range and our reputation is spreading in an industry...
<p>Annastacia Palaszczuk, the Premier of Queensland has said in the parliament that stronger commodity prices have resulted in a rise in job creation in the coal exploration sector. Similarly, jobs in the copper, zinc and bauxite sector would also stabilize with the ramp up of existing projects and the commissioning of new projects. She referred to Rio Tinto’s Amrun bauxite project which is under development and is expected to revolutionize the bauxite/alumina sector in Queensland.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Rio-Tinto-Queensland000.jpg" alt="news" width="471" height="207" /></p> <p>“Employment fell slightly in the last six months of 2016, but should...
<p>Southern Cross Electrical Engineering (SCEE), an Australian-based electrical, instrumentation, communication and maintenance services company, has bagged two contracts for Rio Tinto’s Amrun bauxite project in Queensland. The company has received contracts worth a total of $25 million<strong>.</strong></p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/bauxite(3).jpg" alt="news" width="448" height="298" /></p> <p>SCEE said in a statement, “These awards were foreshadowed in SCEE’s half-year results announcement as being included in the order book as ‘projects in the final stages of approval’.”</p> <p>The first subcontract was given by Civmec worth $20...
