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...
Grow with
AL Circle
<p>According to the latest annual Asia Pacific M&A report by Herbert Smith Freehills, mining sector including coal and gold could witness a rise in mergers and acquisitions in 2017 and bauxite will see improved activity and investment. Factors like better commodity prices, lower production costs and Australian dollar will drive the growth in M&A.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/BAUXITE%20MINE2.jpg" alt="News" width="517" height="226" /></p> <p>“We anticipate more M&A activity as miners, having achieved significant cost and debt reductions and having improved profitability (and in some cases being net cash), refocus on their growth plans,” the report...
<p>According to the General Customs of China, fixed asset investment of the country's non-ferrous metal mining and dressing industry, which includes bauxite mining, fell sharply by 15.4 per cent year-on-year in January-February 2017. The drop at 5.5 billion yuan widened 5.4 percentage points from 2016 whole-year level. Private fixed-asset investment in the non-ferrous metal mining and dressing industry declined 12 per cent YoY to reach 3.5 billion yuan, widening the gap by 5.8 percentage points from the previous year.</p> <p>In the first two months of 2017, total non-ferrous metal output including aluminium output in China totalled 8.92 million tonnes, up 11.7 per cent YoY.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>In a volte face performed in the face of political opposition, Government of Indonesia has asked local mining companies to show specific proof against smelter development progress if they wanted to sell bauxite and nickel ores to the offshore markets.</p> <p>In January, the erstwhile major South-east Asian mineral ore exporting country lifted partial ban on the <a title="News" href="http://www.alcircle.com/bauxite/newscircle/general/detail/26782/indonesia-eases-export-ban-on-bauxite-and-nickel-ore-with-new-policy" target="_blank">export of bauxite</a> and other ores (unprocessed minerals), underlining the parlous state of the economy. The policy amendment was intended to boost smelting capacity by developing value-added domestic mineral processing facilities while reducing...
<p>Metro Mining Ltd plans to commence construction of The Bauxite Hills Mine north of Weipa in July with mining operations and first shipment scheduled for April, next year.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/bauxite%20mine.jpg" alt="News" width="517" height="226" /></p> <p>Metro today released a Bankable Feasibility Study (BFS) confirming the Bauxite Hills Mine will become one of the largest independent operations within the internationally acclaimed Weipa Bauxite Region.</p> <p>The BFS highlights benefits Metro gained through its acquisition of neighbouring Gulf Alumina Limited late last year. Based on the now combined of Metro and Gulf Projects, the BFS has determined enhanced...
<p>Metro Mining Ltd, an Australian exploration and mining company based in Queensland, has combined two separate geological models and create a single expanded resource for its Bauxite Hills Mine project.</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="517" height="226" /></p> <p>In December 2016, Metro Mining has acquired Gulf Alumina Ltd in order to expand the Bauxite Hills mining resource. Earlier, both Metro and Gulf owned standalone projects with resources estimated using separate geological models.</p> <p>The combined resource integrates the recently purchased Skardon River Project with 144.8 million tonnes of direct...
<p>Fiji has announced that its vessel, the MV Ocean Merry, at the port of Galoa in the province of Bua, located on the western coast of the northern island of Vanua Levu, loaded the first shipment of 70,000 tons of bauxite ore for 2017.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Untitled.png" alt="news" width="517" height="226" /></p> <p>William and Goslings Operations & Logistics Manager Madhulesh Lakhan confirmed, “The MV Ocean Merry will be in Galoa for 12 days loading approximately 70,000 metric tons of bauxite.” </p> <p>As per sources, the vessel loaded with bauxite ore is returning to the Middle Kingdom. MV Ocean Merry’s last port was the...
<p>TAKRAF GmbH has won a contract from Compagnie des Bauxites de Guinée (CBG) for the turnkey supply and installation of a bauxite handling plant in Guinea, West Africa.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/guinea-bauxite-factory.jpg" alt="News" width="517" height="226" /></p> <p>The Leipzig based company has experience in development, design, fabrication and commissioning of equipment and systems for the global mining and material handling industry. The contract value is approximately €100 million. CBG is jointly owned by mining majors ALCOA, RIO TINTO, DADCO and the State of Guinea and it has been involved in the mining and export of bauxite for more than 50 years. The...
<p>Bauxite mining stakeholders are urging the state government or the federal government for a set of standard operating procedure (SOP) for bauxite-mining in Pahang since the moratorium period had lasted for more than a year.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/bauxite-piles.jpg" alt="news" width="517" height="226" /></p> <p>Gerakan Rakyat Hentikan Pencemaran Bauksit (Geram) chairperson Ali Akbar Othman commented: “The delay in announcing the SOP would reflect the lack of seriousness by the government to resolve the problem or find a solution to bauxite-mining. We are still waiting.”</p> <p>“The government should have invited all non-governmental organisations...
<p>Greece, the only Balkan country in the European Union, is the largest producer of bauxite and many other industrial minerals in the Union. Bauxite export constitutes one of the major revenue generating trades of the economy. Aluminium of Greece which is the main aluminium producing company in Greece owns Delphi-Distomon mining company. It operates two large bauxite deposits at Boeotia and Phocis on the north coast of the Gulf of Corinth. The plant has total bauxite processing capacity of 200,000 tonnes in a year.</p> <p>{newsStudioGallery}</p> <p>Actual and estimated export-import data shows, bauxite import by Greece has declined significantly since 2011. According to The Bauxite Index, aluminium ore export by Greece totalled 0.52 million tonnes in 2011 which shrunk by 13.5 per cent to...
<p>Menteri Besar of Pahang, Datuk Seri Adnan Yaakob has hinted that the moratorium on bauxite mining in the state might be extended for another three months after the current ban gets over on March 15. It may be extended to June 15 considering the fact that unlicensed bauxite mining is still posing a threat to environment in Pahang. </p> <p><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/DRONE-Pahang-red-lakes.jpg" alt="News" width="517" height="226" /></p> <p>Media report says, villagers and residents of Felda Bukit Kuantan and Beserah have claimed that illicit bauxite mining is still continuing in the two areas. </p> <p>If reports are to be true, mining activities had continued despite the moratorium which had been in force since Jan 15...
<p>Bauxite import in China is on a decline. The country, which leads the world's largest bauxite consuming countries, courtesy its ever-expanding domestic aluminium industry, witnessed a early-year slump in the ore import after its government came down heavily on its smelters and refineries in order to curb pollution. China imported 4,594,952 tonnes of bauxite in January this year, down 11.74 per cent from the corresponding period previous year.</p> <p>{newsStudioGallery}</p> <p>A year-on-year study of the bauxite import trend in China will reveal a gradual increase which is supported by the fact that the country's aluminium output has also risen significantly over the same period. In 2015, the Asian country imported 56.01 million tonnes of bauxite which climbed by 13.9 per cent to reach...
<p>As confirmed by a release from National Aluminium Company Ltd (Nalco), the company has posted 16.8 per cent growth in its bauxite production in the April-February period of FY 2016-17, to reach a production volume of 6.56 million tonnes.</p> <p><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Nalco-Damanjodi%20(1).jpg" alt="News" width="517" height="226" /></p> <p>This is the highest ever bauxite production record for Nalco since its inception. For the same period, the hydrate production at its Damanjodi refinery has also registered an increase of 6.8 per cent to 1.89 million tonnes from 1.77 million tonnes in the same period of 2015.</p> <p>In tandem with bauxite production, cast metal production grew by 3.79 per cent and the aluminium metal sales grew...
<p>Malaysia became one of the world’s top bauxite producers and a leading supplier of bauxite to China’s aluminium industry after Indonesia banned ore export in 2014. Over 2014-2015 the amount of bauxite shipped from Malaysia to China increased almost one hundred fold making Malaysia the largest exporter of bauxite to China. However, the scene took a turn when Malaysian government imposed a ban on the mining and export of bauxite in January 2016 putting a close on all irregular mining activities. Currently the moratorium stands valid till March 2017.</p> <p>{newsStudioGallery}</p> <p>An analysis of the trading patterns of bauxite in Malaysia will give an insight about this dramatic bauxite mining boom and the aftermath.</p> <p>In 2015, Malaysia exported 24.3 million tons...
<p>Finance Minister of Jamaica Audley Shaw announced that the government has not yet decided to remove tax on bauxite mining. Recently, Jamaica has been facing problems for the non-performance of the bauxite levy arrangement, mostly because of the fluctuations in the global alumina market.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Bauxite-307768.jpg" alt="news" width="517" height="226" /></p> <p>At sitting of parliament’s Standing Finance Committee, Mr. Shaw spoke to Dr. Phillips; Opposition Spokesman on Finance, that the recent profit sharing arrangement with Noranda should not be interpreted as a policy push for removing bauxite tax.</p> <p>Commenting on profit share agreement,...
<p>Rio Tinto, one of the leading metals and mining conglomerate in the world says that with the beginning of construction of its $2 billion dollar Amrun bauxite project in Far North Queensland, it will create about 300 jobs for the local people.</p> <p><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/rio_tinto_0605.jpg" alt="News" width="517" height="226" /></p> <p>The company has a target of 20 per cent indigenous employment during the project which is scheduled to be operational by 2019. The company says 300 jobs will be created for aboriginal locals in Weipa on Cape York Peninsula. Rio provides training courses and classes to equip locals with the necessary skills for mining sector under its pre-employment program.</p> <p>Already a $22 million...
<p>Australian Bauxite Ltd (ABx) announced today that the company has identified high quality refractory-grade bauxite in Penrose state pine forest, en route to Port Kembla in New South Wales, Australia. There is a worldwide market for refractory-grade bauxite that is fairly a high-priced - ABx expects to leverage upon this market to grow its business in the long term.</p> <p>Commenting on the finding, ABx CEO, Ian Levy said; "In late 2015, the company was granted its long-awaited tenement over Penrose state pine forest which is close to transport infrastructure and suited to quarrying during forest harvest cycles. The discovery of a thick layer of high-value refractory-grade bauxite is a positive development. Exploration of extensions to this deposit will continue simultaneously with...
<p>Metro Mining Limited has launched a $52.4 million equity raising to advance its Bauxite Hills Mine 95 km north of Weipa. The company also plans to repay loan facilities that supported its recent acquisition of neighbouring Gulf Alumina Ltd (December last year.)</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/metro-mining-car-and-plane.-757.jpg" alt="News" width="517" height="226" /></p> <p>The Gulf takeover resulted in Metro doubling its Direct Shipping Ore Reserve to 96.5 million tonnes. It also gained vital infrastructure including airstrip, haul roads and a port site on the Skardon River.</p> <p>The $52.4 million equity raising will involve the issue of approximately 419.4 million fully...
<p>According to a report from Reuters, Guinea aims to increase bauxite production to 60 million tonnes by 2020. The country is planning to invest aggressively to meet strong demand for bauxite from China, the mines minister of Guinea said on Wednesday.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/guinea%20bauxite1.jpg" alt="News" width="517" height="226" /></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 about 19 million tons of bauxite annually. The bauxite is refined and supplied to refineries in the country and abroad to make aluminium. Though development had been hampered by years of...
