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>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...
<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;...
<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...
<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...
<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...
<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...
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...
<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"...
<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...
<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...
<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...
<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...
<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...
<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...
<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...
<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...
<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...
<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;"...
