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>Ireland, the main alumina refining hub in entire Europe, is a major bauxite importer. The country has been featuring as one of the world's top five bauxite importing countries since 2006. It ranks fourth in terms of bauxite import volume after China, USA, and Ukraine. Since 2015, annual bauxite imports in Ireland have increased at around four per cent rate year-on-year.</p> <p>{newsStudioGallery}</p> <p>International trade data shows, Ireland imported 4.603 million tonnes of bauxite in 2016, up 4.3 per cent from the previous year. In 2015, total bauxite import in the country was estimated at 4.41 million tonnes. In 2017, however, bauxite import by the European nation is projected to drop by 7.6 per cent year-on-year to total at 4.25 million tonnes.</p> <p><img style="vertical-align:...
<p>The Ministry of Energy and Mineral Resources Indonesia issued a series of export recommendations on Monday, April 3, for the state-owned mining and company Aneka Tambang (ANTAM). The recommendations allow the vertically-integrated, diversified metals and minerals producer to export bauxite and nickel ores overseas.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/antam.jpg" alt="News" width="517" height="291" /></p> <p>The ministry's directives stating Antam can ship 850,000 tonnes of bauxite and 2.7 million tonnes of nickel ore to overseas market have been sent to the Ministry of Trade for approval.</p> <p></p> <p>Bambang Gatot, the director general of coal and minerals at the Energy and...
<p>Mali’s chamber of mines told Reuters on Tuesday that Mali's Falea project is now estimated at 1.63 billion tonnes of bauxite reserves. The bauxite reserve is equal to 572 tonnes of refined aluminium with numerous new discoveries.</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="517" height="226" /></p> <p>Mali is the landlocked country in West Africa and the third largest gold exporter in Africa. With Chinese-built rail projects worth $11 billion, the nation expects to explore other minerals as well.</p> <p> Abdoulaye Pona, the president of Mali's chamber of mines, said that initially 439 million tonnes ore was estimated at Falea . The estimation was...
<p>Vedanta-controlled Bharat Aluminium Company’s (Balco) proposal for the expansion of bauxite mine gets mixed reaction from the residents. The proceeding was held on Monday in Surguja district of Chhattisgarh in order to get approval from the local community.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/1416513568-7661.jpg" alt="news" width="448" height="336" /></p> <p>The proceedings were attended by more than 2,000 residents of which 800 locals expressed their views. The company had planned to raise its bauxite production from 750,000 tonnes per year to 2.25 million tonne per year.</p> <p>The bauxite mine’s workers, local residents and representatives supported the...
<p>Government of Odisha, the mineral-rich state on India's east coast, has collected INR6,693.62 crore royalty as on March 27, 2017, since the amended Mines and Minerals-Development & Regulation (MMDR) Act was promulgated on January 12, 2015. The revenue, as per state mining ministry data, has accrued from 96 mines engaged in bauxite mining and extraction of other mineral ores.</p> <p>The enactment of the amended MMDR Act has enabled Odisha to extend the mining lease validity of more than 60 mines. This has helped in boosting the production and despatch of minerals from the mining sites to a considerable extent during the period under consideration.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Kuantan MP Fuziah Salleh said in a statement that the extension of bauxite mining moratorium in Pahang, Malaysia may worsen the situation if the authorities do not take any measure for stopping illegal mining activities that are taking place near Pahang.</p> <p><img style="vertical-align: top; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/6d43.jpg" alt="news" width="517" height="226" /> </p> <p>She expressed concern that the extension of bauxite mining ban would benefit miners for sneaking out their illegally...
<p>Australian Bauxite Ltd announced today publication of its Annual Report for the year ended 31 December, 2016. During 2016, ABx sold 45,590 tonnes of bauxite comprising 42,000 tonnes of cement-grade bauxite and over 3,590 tonnes of fertiliser grade bauxite. The company has over 122,500 tonnes of bauxite product stockpiles at the Tasmanian mine sites that would suffice for 3 ship loads, and an additional 36,700 tonnes of broken unscreened bauxite ore stocks.</p> <p>ABx completed its initial sale and shipment of cement-grade bauxite between April 2016 and May 2016 followed by a larger sale in August 2016. These sales resulted from large bauxite stockpiles and a temporary closure in production as glut rose in the metallurgical market due to cheap Malaysian bauxite resulting in falling...
<p>Annual bauxite import by Ukraine declined significantly in 2016. The total bauxite import for the year was estimated at 4.22 million tonnes, down 26.48 per cent from 5.74 million tonnes in 2015. The cost of bauxite import also went down from US$308.45 million in 2015 to US$294.72 million last year, declining 4.45 per cent year-on-year.</p> <p>{newsStudioGallery}</p> <p>Ukraine is estimated to import 3.95 million tonnes of bauxite in 2017, down 7.1 per cent from last year. The total import of bauxite is estimated to be valued at US$326.37 million in 2017.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Boksit.png" alt="News" width="516" height="274" /></p> <p>Bauxite imports in Ukraine...
<p>The Malaysian government has prolonged the period of moratorium on bauxite mining in Pahang for another three months till June 30, looking to clear remaining bauxite stockpiles. The government also hinted at the fact that the mining actions were still going on in spite of the ban.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/10982046176_507997b6b3_b-790x454.jpg" alt="news" width="517" height="226" /></p> <p>Natural Resources and Environment Minister Wan Junaidi Tuanku Jaafar said in a statement that the cabinet has decided to extend the ban on bauxite mining in accordance with Pahang state government’s decision.</p> <p>Wan Junaidi said, "The extension of the moratorium will give...
<p>A weekly recap to bring you up-to-date information on bauxite industry across the world .Bauxite experienced a number of development last week .Here’s all you need to know:</p> <p><strong>Metro Mining completes rights issue to fund bauxite mine</strong></p> <p>Metro Mining has raised $36.5 million in its 1:2 non-renounceable rights issue priced at $0.125 for its100% owned Bauxite Hills Mine located in northern Queensland. The rights issue follows the recently completed placement, which raised $15.9 million taking the total combined amount raised to $52.4 million.</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="517" height="226" /></p> <p><strong>Rio spends...
Bauxite ore is the main source of aluminium in the world. It occurs in tropical and subtropical areas in soft limonite rock forms. After extracting from mines, the metallurgical grade ore is first crushed and then purified through the Bayer Process to produce alumina. The refined alumina is then subjected to electrolysis to yield molten aluminium metal using Hall-Heroult process of smelting. Global bauxite ore production was an estimated 279.7 million tonnes (Mt) in 2015. As of January 2016, total bauxite reserves of the world were at 27.5 billion tonnes. Here’s a list of countries that played dominant roles in bauxite production and trade last year. Please note, this list is based on the latest production data available and hence, is a dynamic one. It may change on the release of further...
<p>President of Ghana Nana Addo Dankwa Akufo-Addo has announced on Tuesday, 21 March, that the government will establish an integrated <a href="http://www.alcircle.com/primary_aluminium/newscircle/project/detail/27187/ghana-outlines-plans-for-an-integrated-aluminium-industry" target="_blank">bauxite-aluminium</a> development authority in the next three months in order to shore up bauxite and aluminium production in the nation. The authority will also create strong aluminium industry.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Akufo-Addo-Switzerland-9-620x330.jpg" alt="news" width="517" height="226" /></p> <p>While speaking at the 5th Africa CEO Forum in Geneva, Switzerland, he...
<p>Metro Mining has raised $36.5 million in its 1:2 non-renounceable rights issue priced at $0.125 for its100% owned Bauxite Hills Mine located in northern Queensland. The rights issue follows the recently completed placement, which raised $15.9 million taking the total combined amount raised to $52.4 million.</p> <p>Of the 292.3 million shares to be issued in the rights issue, applications were received for circa 60% with the balance being taken up by the underwriter. Settlement of the rights issue is scheduled to take place on Thursday, 23 March 2017.</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="480" height="267" /></p> <p>Metro recently received results from...
<p>According to a recent report from Reuters, Guinea aims to increase bauxite production to 60 million tonnes by 2020. According to the mines minister of Guinea, the country is planning to invest aggressively to meet strong demand for bauxite from China. Guinea is posing as the next big source of bauxite after ore export ban in Indonesia and bauxite mining moratorium in Malaysia.</p> <p>{newsStudioGallery}</p> <p>The West African nation has about a third of the world's bauxite reserves and one of the leading bauxite producer. Currently, Guinea produces more than 20 million tons of bauxite annually. The country has recently seen a few significant investments by overseas companies. Domestically, the Friguia alumina refinery<strong> </strong>by Rusal consumes about 1.5 million tons of...
<p>Metals and mining giant Rio Tinto proclaimed on Tuesday, March 21, that the company has given more than $900 million in contracts for the development of Amrun bauxite mine project to Queensland suppliers in the Cape York Peninsula, Australia. The company has given nearly two thirds of the total $1.38 billion in contracts till date.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Amrun-team-photo_for-web.jpg" alt="news" width="517" height="226" /></p> <p>Rio Tinto chief executive Jean-Sebastien Jacques said that the company has set strict guidelines for the suppliers those vying for contracts more than $1 million. They must complete a Local and Indigenous Participation Plan as part of the...
<p>The Vietnam National Coal and Mineral Industry Group (VINACOMIN) operated Tân Rai bauxite mine has every quality that it takes a company to stage an emphatic comeback even after posting a mammoth loss, thinks VINACOMIN deputy director Nguyen Van Biên. While explaining the reason behind the widening loss from 2013 till 2016 Van Biên said it was estimated right at the beginning that the project would run at a loss for the initial four years; however, down three years of operation, the actual loss (cumulative) incurred got magnified to VNÐ 3,696 billion (US$162 million).</p> <p>Nevertheless, the Tân Rai bauxite project has many pluses to its side. It is a big one; the technology adopted there is novel and difficult to copy, and hence, cost-intensive; over-three...
<p>This week’s news recap on bauxite sector is dedicated to companies releasing Bankable Feasibility Study (BFS), first shipments, and drop in investment and so on. Metro’s BFS confirms the Bauxite Hills Mine will become one of the largest independent operations within the internationally acclaimed Weipa Bauxite Region and its commencement of work in July 2017. Let’s explore more:</p> <p><strong>Metro Mining merges its standalone bauxite projects</strong></p> <p>Metro Mining Ltd, based in Queensland, has combined two separate geological models and creates a single expanded resource for its Bauxite Hills Mine project. In December 2016, Metro Mining has acquired Gulf Alumina Ltd in order to expand the Bauxite Hills mining resource. The combined resource integrates the...
<p>Jamaica’s auditor general Pamela Monroe Ellis gets confirmation from the Ministry of Finance that there is no change in the taxation regime for the bauxite sector for fiscal year 2017-2018. The confirmation came after she found a change in the Fiscal Policy Paper for 2017-18.</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="517" height="226" /></p> <p>Monroe said, "Based on the ministry's confirmation that there was no change in the taxation regime, the ministry should make the necessary correction to the Fiscal Policy Paper."</p> <p>The Fiscal Policy Paper for 2017-18 indicated that there is no payment of the bauxite levy based on the new agreement with...
