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>As per data released by the Indian Bureau of Mines in the latest edition of India Minerals Yearbook 2015 (published in January 2017), the total value of exports (including re-exports) of ores and minerals at INR1,78,077 crore accounted for 9.4 per cent of the total value of all merchandises...
<p>Lester ‘Mike’ Henry, Transport and Mining Minister of Jamaica said on Sunday at Lydford in St Ann, that he expects a jump in the country’s bauxite and minerals sector. The growth, according to him, was due to the policy shift towards profit sharing in downstream operations and...
<p>Gunsynd PLC on Monday has recently announced its agreement on investing GBP40,000 to acquire 10% stake in Sunshine Minerals Ltd. The invested company is planning to acquire nickel and bauxite deposits in the Solomon Islands.<br /><br />"Whilst this investment is not in line with our recent...
<p>Rio Tinto has awarded a $70 million bulk earthworks contract for infrastructure development to QBrit, a civil engineering firm, at its Amrun bauxite project in northern Queensland.<br /><br />As per company, the contract will create 150 employment opportunities in addition to...
<p>The global metals and minerals giant Rio Tinto released its 2016 bauxite production report on Tuesday, January 17. The company produced 47.7 million tonnes of bauxite in 2016, higher than expected target set in last October with an increase by 9 per cent from 2015.<br /><br /><img...
<p>New Day Aluminum Limited of Jamaica has appointed Delroy Dell as the new vice President and General Manager for its bauxite operations in St. Ann. Dell, a former Operations Director with Noranda Bauxite, will manage the mining and shipping operations of New Day (Jamaica) Aluminum. He will also...
<p>Metro Mining Ltd has more than doubled its Direct Shipping Ore Reserve to 96.5 million tonnes by combining the Bauxite Hills Project north of Weipa with the neighboring Skardon River Project.<br /><br />Metro took control of Gulf Alumina Ltd and the Skardon River Project late last year. The...
<p>According to CRU, global alumina capacity is forecast to grow by 29.6% over the next ten years, reaching 179.6M tonnes by 2024. Metallurgical grade alumina capacity expansion, primarily in China will drive the growth in demand for bauxite. China's growing need for raw materials to feed its...
<p>Government of India will form an Inter-Ministerial Group to respond to Ras-Al-Khaimah Investment Authority's arbitration notice seeking compensation on a total investment of US$44.71 million that is being made by it or ensure immediate supply of bauxite to the alumina refinery set up in the...
<p>Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) from Nagpur, India is developing an app in collaboration with the Maharashtra Remote Sensing Application Centre (MRSAC) which will provide a digital database on bauxite and laterite deposits in Maharashtra.<br /><br...
<p>Indonesia government has operated 32 mineral processing and refining corporations from 2012 to 2016 with the total sum of investment of USD20 billion in smelting industries.</p> <p>Deputy Chairman of Processing and Smelting Companies Association (AP3I), Jonathan Handoyo commented: “From...
<p>As an update on the ore export ban imposed in Indonesia, two years back, Indonesia amended the policies on Thursday allowing exports of nickel ore and bauxite and concentrates of other minerals under specific conditions.<br /><br />The ban on unprocessed ore exports was imposed in 2014 to...
<p>The UAE Ras Al-Khaimah Investment Authority (RAKIA) has served an arbitration notice to the Indian government seeking a hefty compensation of US$44.71 million for a bauxite and alumina supply agreement that was signed for a planned project in south India. The notice served mentioned the option...
<p>Indian PSU National Aluminium Company (Nalco) has reported 18 per cent growth in its bauxite production in 2016. Since the inception of the company, this was Nalco’s highest recorded growth in bauxite output, according to T K Chand, the company’s chairman and managing director...
<p>Indonesia’s government revised draft may lift ban on bauxite ore from the country, offering easiness in the export of bauxite and nickel ore.<br /><br />According to spokesperson, fourth revision of The Office of the Coordinating Economic Minister submitted to Government Regulation No....
<p>Simon Finnis has been promoted from CEO to Managing Director of Metro Mining Ltd.<br /><br />Metro Chairman Stephen Everett said Finnis had made a significant contribution as CEO and would add increased value as the company transitions from explorer to producer.<br /><br /> “Simon has...
<p>Despite the decision taken by Pahang's Natural Resources and Environment Ministry to extend the bauxite mining moratorium by three more months, until March 31, uncleaned stockpiles of bauxite ore were traced at abandoned mining sites of the region. This indicates at the fact that fresh mining of...
<p>According to USGS’ recently published bauxite and alumina industry survey for the Third Quarter 2016, imports of crude and dried bauxite by USA in the third quarter of 2016 were 1.14 million tons (Mt). This records a 20% drop from those in the second quarter of 2016 and 61% drop from the...
