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>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:...
<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:...
<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;"...
<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:...
<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...
<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...
<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...
<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;"...
<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...
<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>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;"...
<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...
<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:...
<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;...
<p>India's mining sector is set to witness the entry of private exploration companies as the Mines Ministry identifies 50 mineral blocks to be offered to them under the new National Mineral Exploration Policy (NMEP). The offer stands as an adjunct to one of the biggest auction of explored mineral...
<p>Venezuelan president Nicolas Maduro has named Jorge Arreaza as the country’s new mining minister. Guyana President Desmond Hoyte has reiterated the significance of the mining resources in the country and the need to attract foreign investors for the development of its resources.</p>...
<p>The world bauxite industry and the market are moving fast with the new positive trend in the aluminium market. New projects and expansions are on track and the companies have reported positive results. Here is a quick recap of the top headlines from the global bauxite industry from the week gone...
<p>Initial data released by the Ministry of Mines, Government of India, shows the country's mineral output in December 2016 rose 5.2 per cent from the corresponding period previous year. Production of bauxite, the principal ore of aluminium metal, increased by 21 per cent compared to that recorded...
