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>According to UNFC system, India has a total bauxite resource of 3,480 million tons which includes 593 million tonnes reserves and 2,887 million tonnes remaining resources. By grades, about 84% resources are of metallurgical grade. Odisha alone accounts for 52% of country's resources of bauxite...
<p>The Bank of Ghana (BoG) has been directed by the Public Accounts Committee (PAC) to provide details of about 40,000 tons of bauxite worth US$41million as soon as possible that the country exported in 2015.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
<p>China has stepped up its export regulations. Earlier, bauxite exporters who would resort to various ways to evade taxes are now being forced to pay value-added tax (VAT) for the bauxite consignments they are sending offshore. As a result, bauxite prices off China have increased.</p> <p>Bauxite...
<p>UC RUSAL, the leading global aluminium producer, announces its operating results for the First Quarter 2017.</p> <p>During first quarter 2017, Rusal’s bauxite output totalled 2,869 thousand tonnes registering a 1.0% growth quarter on quarter. Nepheline output also increased by 7.9% QoQ to...
<p>The 3rd Global Bauxite Conference 2017 which is poised to open its doors in Jakarta, Indonesia from June 14-15 will be one of the biggest mineral industry events this year. The global congregation platform will enable industry players, including miners, traders, smelters, investors, government...
<p>British-Australian metals and mining giant Rio Tinto today announced its bauxite production result for the first quarter of 2017. Rio Tinto chief executive J-S Jacques said that the company delivered solid production in the first quarter of 2017 even though they had to face...
<p>According to news on Shanghai Metals Market (SMM), a large bauxite deposit has been discovered in Dengfeng City, Henan Province. The news has been reported by local media.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>UAE-based Emirates Global Aluminium (EGA) today said in a statement that the company opened its first office in Shanghai, China. The new office will “deepen commercial ties” by developing sales opportunities for bauxite from EGA’s under-construction bauxite mine in Guinea....
<p>Guyana bauxite export continues to remain a strategic priority area even at a time when the economy is considering to switch from its dependence on traditional foreign exchange earners such as aluminium ore to one dominated by oil and gas following the discovery of oil reserve by US oil giant,...
<p>According to news on Mining Weekly, Metallica Minerals, an Australian bauxite developer, has raised about A$2.5-million in a renounceable rights issue to finance the commissioning of its Urquhart bauxite project in north Queensland. </p> <p><img style="vertical-align: middle; display:...
<p>The Guyana government is reviewing the domestic bauxite industry that started operating last year marking the centennial of the bauxite industry in the country. The government is waiting for a report on bauxite industry so that they can decide whether to build another alumina plant in the...
<p>According to a Platts’ report, Australia is expected to produce 82.7 million tonnes of bauxite in FY 2016-2017 (July-June), up 1.22% YOY, as confirmed by the Department of Industry, Innovation and Science on Friday. Upcoming projects in the state of Queensland are expected to raise...
<p>The last quarter of 2016 helped mining and metal companies witnessed a reversal of fortune as inventories decreased and metal prices rebounded slowly but steadily. Metal stocks started soaring, as investors participated actively on expectations of better times ahead.</p> <p>National Aluminium...
<p>Bauxite industry was in an upswing last week. China, still the largest consumer of the ore, was reported to have imported higher volumes of bauxite in February. The demand for the mineral ore in the country is on a steady rise and this is expected to keep driving its imports in the foreseeable...
<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...
<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...
<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;...
<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...
