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...
Grow with
AL Circle
<p>This year marks 40 years since 42 striking bauxite workers were tear-gassed in a cell at the Linden Police Station. Only a handful of people about six are around in Linden; the rest are scattered or deceased. It was a most traumatic and ugly experience that left a bitter taste in the...
<p>CBIX remained flat over the week, closing at US$50.7/dmt with higher Value-in-Use (ViU)-priced material from Australia and Brazil balanced by some lower ViU-priced ore from Malaysia and India making a re-appearance. Malaysian material trickled into China at US$27.5/dmt FOB un-washed and...
<p>Bharat Aluminium Company Limited (Balco) is planning to step up its bauxite mining operations in India in order to address the raw material crises it has been facing at its alumina refining facility. Presently, the Vedanta controlled aluminium company is producing 2 million tonnes of bauxite in...
<p>Fiji's leading mineral development company Xinfa Aurum Exploration is making steady progress towards expanding its bauxite mining operations further north in Vanua Levu. The company has already secured additional Special Prospecting License in Nawailevu, Bua and Naibulu East Mine, in Dreketi,...
<p>The Kuantan Port Consortium Sdn Bhd (KPC) says the port facilities have been upgraded to handle bauxite shipments if the government decides to lift the moratorium on mining in the state on December 31.<br /><br />“KPC has spent a lot of money on improving facilities to ensure the situation...
<p>Metro Mining Limited has won additional 57.3% of Gulf Alumina shares after increasing its offer. Following the final settlement Metro Mining will hold 96% shares of Gulf.<br /><br />Metro used to hold 39.3% shares of Gulf being the largest single shareholder of the company. Metro increased its...
<p>The 2016 presidential election of Ghana is round the corner and candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, has promised Ghanaians that if his party comes into power in the December 7 elections, he would make industrialization his prime agenda for Ghana.<br /><br...
<p>Canada is one of the lowest cost aluminium producers in the world. The three major aluminium producers here are Alcoa, Aluminerie Alouette, and Rio Tinto. However, bauxite is not mined in this North American country; it is only refined here. The aluminium-bearing ore is shipped from across the...
<p>Malaysia is 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 the last two years the amount of bauxite shipped from Malaysia to China increased almost one hundred fold making...
<p>Metro Mining Ltd has provided an update on the Moly Mines Ltd offer to Gulf Alumina. Metro said today that it wishes to advise that yesterday Moly Mines Ltd announced that it had received notice from the Australian Securities Exchange advising that it will exercise its discretion under...
<p>Unregulated bauxite mining seems to have affected the environment of Pahang too deeply than it was initially thought to be. A recent audit report by the Department of Environment (DOE) revealed that high concentration of heavy metal was detected in the river water in Kuantan's bauxite mining...
<p>The energy minister for Saudi Arabia, Khalid al-Falih told reporters at a conference in Jeddah that the kingdom plans to increase the contribution of its mining industry to national wealth three times by 2030 as measured by gross domestic product.<br /><br />Saudi Arabia is working on finalising...
<p>A recent study done by Geo-scientists and researchers of Andhra University, titled 'Bauxite mining in Eastern Ghats of Andhra Pradesh, Possible Environmental Implications and Measures for Environmentally Friendly Mining,' has highlighted the environmental implications of open cast bauxite mining...
<p>As an encouraging step towards the building of a bauxite mining industry in Bua and the development of infrastructure around the project, villagers have agreed to invest in a proposed bauxite project.<br /><br />A large sum of $1.8 million is to be invested for the third bauxite mine in Bua....
<p>As confirmed by the Chief Executive Officer of Emirates Global Aluminium (EGA) on Tuesday Nov 22, the company is processing the loading its first sample shipment of bauxite from its Guinea mine to China.<br /><br />Guinea Alumina Corporation S.A. (“GAC”) is a mining development...
<p>China diversified its bauxite imports sources in September this year in order to meet the rising demand from the domestic alumina industry, reported Shanghai Metals Market. In spite of shrinking imports of aluminium ore from Australia and Guinea, shipments from India, Fiji and Solomon Islands...
<p>According to a latest report by the Rights and Resources Initiative (RRI), a global coalition of non-profit organisations, and the Tata Institute of Social Sciences (TISS), almost 80% of land conflicts arise out of development and industrialisation processes.<br /><br />Over US $179 billion...
<p>The Indian Mining and Machinery Exhibition organised by CII in Kolkata, India came to an end on November 19 2016. The exhibition reflected the positive growth being observed in the mining sector in India.<br /><br />Balvinder Kumar, secretary ministry of mines said on the context of the...
