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>UC RUSAL, the leading global integrated aluminium producer, announces its operating results for the fourth quarter 2016 and full year 2016 registering bullish progress in all three business segments: bauxite, alumina and aluminium.<br /><br /><img style="vertical-align: middle; display: block;...
<p>National Aluminium Company Limited (Nalco) owned Panchpatmali Bauxite Mines in Odisha has been accredited with the 5-Star Rating by the India Ministry of Mines in a stringent evaluation process conducted up by IBM. <br /><br />The honour along with the certificate of excellence was handed over...
<p>Brazil ranks third in the list of the world's top bauxite producing countries. With bauxite reserves totalling 2,600,000 tonnes (2.6 billion tonnes), the country accounts for 9.28 per cent of the global total reserve of 28 billion tonnes, as estimated by The United States Geological Survey in...
<p>Rio Tinto has awarded a contract valued at $45 million to the Queensland division of civil construction company Fulton Hogan.<br /><br />The company will build a dam supplying water to the world-class Amrun bauxite project in Western Cape York Queensland, Australia.<br /><br />The 10.9 gigalitre...
<p>Ghana is on its way to revive the economy. The country on the West Africa's Gulf of Guniea is considering further unleashing its mineral resource potential to transform the economy through development of industries and job creation. Ghana President, Nana Akufo-Addo said bauxite deposits at Kyebi...
<p>Jamaica remains largely an under-utilized mineral-rich country. The Caribbean island country which started shipment of the aluminium ore back in 1952 took two decades to become the world's second largest producer of bauxite and the second largest exporter of alumina. In 1970's the country went...
<p>DADA Holdings LLC has announced the appointment of their team of chief officers for the Noranda Bauxite and Noranda Alumina, affiliated companies in the bauxite mining and alumina-refining industries in the United States and Jamaica.<br /><br /><img style="vertical-align: middle; display: block;...
<p>Norsk Hydro has reported its fourth quarter 2016 results with a record bauxite production at Paragominas and alumina production in Alunorte.<br /><br />For the full year 2016, the Paragominas bauxite mine and the Alunorte alumina refinery reached record yearly production of 11.1 million mt and...
<p>Australia’s Metro Mining announced today that the company has acquired Gulf Alumina Ltd, taking full ownership of the company that it did not own previously. The company will proceed to combine Gulf’s Skardon River project tenements with its own Bauxite Hills mine.</p> <p><img...
<p>Rio Tinto announced full year financial results for 2016 today. Operating cash flow generation reached US$8.5 billion and underlying earnings totalled US$5.1 billion (+12% year-on-year) for the entire tenure ended December 31, 2016. The balance sheet strengthened further with net debt reducing...
<p>Guinea Alumina Corporation S.A. (GAC), a bauxite mining company, a subsidiary of Emirates Global Aluminium (EGA), yesterday announced that the company granted an engineering and program management consultancy contract worth $700 million to Fluor for its under-construction bauxite mine in the...
<p>Africa Finance Corporation (AFC) has announced that they would invest US$205m in Alufer Mining Limited for the development of Guinea-Conakry’s high grade bauxite reserves.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Emirates Global Aluminium (EGA), one of the world’s leading primary aluminium producers, announced on Thursday, February 2, that the company had completed preliminary work on bauxite mining project in Guinea. EGA already has spent US$1 billion in the development of a bauxite mine.<br /><br...
<p>Indian government has raised excise duty on bauxite to 30 per cent in yesterday’s Union Budget 2017-2018. Prior to this, there was no duty on the aluminium ore produced for sale (inland). Now, aluminium producers have to pay a duty of 30 per cent for selling the mineral ore in the domestic...
<p>Bulk commodity producers have been continuing to struggle during the last few years with low commodity prices and in efforts to cut costs. A number of facilities have closed down over last few years. However, with the LME prices showing signs of improvement and demand from China continuing to...
<p>Australian Bauxite Limited (ABx) posted strong growth in fertilizer-grade and cement-grade bauxite sales in the fourth quarter of 2016. The metallurgical grade bauxite business showed little improvement. ABx, in its quarterly report and activity statement, said their bauxite features chemistry...
<p>During the release of 4<sup>th</sup>Quarter and Full Year results, Alcoa’s Chief Executive Officer Roy Harvey says the company wants to “dramatically” ramp up its WA bauxite exports after last month’s first shipment of ore from its Huntly Mine in WA.</p> <p><img...
<p>Uniprom Metali, a Montenegro based mining group in Europe, has devised a plan of US$3.2 million (3 million euro) investment in Rudnici Boksita bauxite mining complex to scale up production in the first half of 2017.</p> <p>The funding will be mobilized for upgrading the belt conveyors of the...
