China's domestic ore prices held steady last week. In Shanxi, a limited volume of relatively lower-grade domestic ore was concluded under long-term contracts at approximately RMB 530 per tonne. In Henan, the expected increase in domestic ore output has yet to materialise, leaving the supply-demand...
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...
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<p>Guinea cannot afford to thrive on bauxite exports over the long term and keep overlooking developmental issues of its domestic aluminium industry. Doing that would not only make the economy vulnerable in the hands of global commodity price volatility uncontrollable on its part but would also...
<p>In our last update on China bauxite market, dated May 17, we reported a downtrend for the ore prices in few of the major Chinese provinces. The data presented clearly showed that the average bauxite price (6.0=Al/Si<7.0) in Henan was down at RMB 380 per tonne (-10% from the previous week) and...
<p>Fiji’s Director Mineral Development Dr Raijeli Taga said that the bauxite export has been affected from the shores of Bua due to volatile nature of the mining business. She pointed out that the nation confirmed only one shipment of bauxite to China so far this year.</p> <p>In...
<p>Both bauxite and alumina prices in the domestic China market are on a downtrend in May. Though daily prices remain flat, the prices register a drop on a monthly analysis.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>The Jamaican government is likely to lose nearly $1.9 billion annually for its decision to exempt on the bauxite levy. The government exempted bauxite levy as part of a tax regime overhaul for extractive industries, as reported.</p> <p><img style="vertical-align: middle; display: block;...
<p>National Aluminium Company (Nalco) can add nearly 60 million tonnes of bauxite to its resource base through the processing of overburden. NALCO CMD Tapan Kumar Chand said while speaking at the 17th Annual Geominetech Conference on Thursday at Bhubaneswar. Currently, the company is processing the...
<p>The Iran-Guinea bauxite project is finally back on track. The final feasibility report on bauxite mining near Guinea’s capital city Conarky was approved by government officials from both the countries on Tuesday, May 9.</p> <p>Mehdi Karbasian, Chairman of Iranian Mines and Mining...
<p>Temotu province of Solomon Islands is facing growing community unrest over bauxite mining licence and operations.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/solomon%20bauxite.jpg" alt="News"...
<p>The Republic of Fiji is home to the 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...
<p>Metro Mining has announced the amalgamation of Bauxite Hills and <a href="http://www.alcircle.com/bauxite/newscircle/general/detail/27227/metro-mining-merges-its-standalone-bauxite-projects">Skardon River Project</a> in March 2017. Now the company has outlined the final agreements demonstrating...
<p>Bauxite production in the Republic of Guinea has been badly affected by the social unrest whereby the rioting residents are seeking solution to the rising pollution level and frequent power cuts allegedly caused due to excessive bauxite mining. The riot has jeopardized the outflow of the ore...
<p>Vedanta Aluminium, one of India’s three leading primary aluminium companies, is focused on getting its ambitious aluminium expansion plans executed successfully despite multiple bauxite mining challenges strewing its path. It is said to be banking heavily on its high smelting capacity and...
<p>Leading metal and mineral producer Rio Tinto is aiming to generate $5 billion of free cash flow through productivity improvements over a five-year period at its multiple projects. Amrun greenfield bauxite projects are expected to deliver significantly to the targeted cash flow.</p> <p><img...
<p>Australia is the dominant exporter of bauxite ore around the world. The country has five mines in Western Australia, the Northern Territory and Queensland. The country exports major part of its bauxite to China.</p> <p>{newsStudioGallery}</p> <p>According to the Department of Industry,...
<p>Sydney based leading bauxite producer Australian Bauxite Limited is getting a steady flow of buying leads from customers intending to enter into long-term purchase agreements. In its latest quarterly activities report, the bauxite miner said it currently boasts a sale-ready stockpile of 121,300...
<p>China's bauxite imports in March 2017 increased marginally. The country purchased 5.06 million tonnes of aluminium ore from the global market, a quantity higher by 0.11 per cent from that purchased in March 2016. Total bauxite imports during the first three months of the current year totalled...
<p>The Bank of Ghana came up with a clarification on the US$41.05 million proceeds from bauxite exports that went missing in the Auditor General’s 2015 Statements of Foreign Exchange Receipts and Payments report saying it is there in the report, but in a separate column. BoG said it did not...
<p>First Bauxite Corporation has announced that it has filed its audited year-end financial statements and management's discussion and analysis for the year ended December 31, 2016. First Bauxite Corporation is a Canadian natural resource company engaged in the exploration and development of...
