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>The moratorium on bauxite mining in Malaysia's Pahang has been extended till end of this year. The government said if the current high ore stockpiles were not cleared by December 31, it would extend the ban for another six months. <br /><br />Bauxite mining industry in Malaysia, though largely...
<p>Australian Bauxite Ltd recently provided a review opf operations and accounts for the half-year ended 30 June 2016. ABx had suspended production at its Bald Hill bauxite project in northern Tasmania due to an oversupply of the ore from Malaysia into the China market. It had 40,000 tonnes of high...
<p>It was a record performance for Dammam-Saudi Railway Company’s (SAR) mine trains for three consecutive months as their phosphate and Bauxite transfer quantities exceeded 751,000 tons in August.<br /><br />Rail freight is affiliated with SAR and it has carried about 16 million tons of...
<p>Bauxite prices CIF China climbed over the week, with CBIX up 2.1% (US$1.0/dmt), closing at US$48.3/dmt, on the back of higher priced bauxite from Australia. The absence of lower ViU-priced cargos from Malaysia continues to have a positive impact on the CBIX price, although we expect CBIX prices...
<p>Metro Mining Ltd announced the receipt of shareholder approval for the issue of their shares to Greenstone Metro Holdings LP which forms a part of the company's funding strategy. With this, Greenstone becomes the largest shareholder of the mining company and will be providing strategic support...
<p>Anil Agarwal, Chairman of Vedanta Resources, the London-based metal and mining conglomerate, said he is hoping the issue of bauxite supply for its Lanjigarh alumina refinery will get resolved by the end of this year. Agarwal said this after meeting Odisha Chief Minister Naveen Patnaik in...
<p>The Indian Institute of Technology, Bhubaneswar (IITBBS) in one of its research verticals- Waste to Construction Material, has developed a novel technology by which red mud, the hazardous waste of alumina refining from bauxite, is converted to concrete. Henceforth, environment of the areas...
<p>Bauxite prices CIF China were mostly stable over the week, with CBIX up 0.3 per cent (US$0.1/dmt), closing at US$47.3/dmt. Malaysian cargos are re-appearing in the market, despite the mining ban still being in place, and at price points similar to those pre-ban. We're forecasting a higher...
<p>In response to the recent furore created by Bua Urban Youth over the non-obtainment of Free Prior and Informed Consent (FPIC) from the landowners of Fiji's Bua Province, before any bauxite mining process, Malakai Nalawa, Ministry of Land's deputy secretary said, bauxite has been mined only at...
<p>There seems to be no quick respite for Vedanta as far as sourcing of bauxite for its ailing Lanjigarh alumina refinery is concerned. The green activists who had long opposed Niyamgiri bauxite mining project, driving the mining major’s alumina refinery in Lanjigarh to a near closure, seem...
<p>According to China's General Administration of Customs data released on August 24, bauxite import of the country shrunk 27.43 per cent year-on-year to stand at 3,634,184 million tonnes in July 2016. During January-July period, bauxite import rose 4.8 per cent YoY, a minimal rise compared to what...
<p>Australian Bauxite Limited Fingal Rail Bauxite Project in northern Tasmania has proven to be ideal for production of cement-grade bauxite for rail transport and export from Bell Bay Port. <br /><br />Cement-grade bauxite resources for the Fingal Rail Bauxite Project total 6.3 million tonnes 1...
<p>India's total output of bauxite, the principal ore of aluminium, shot up 35.5 per cent in June this year, compared to the same period previous year. <br /><br />The country's overall mining and quarrying sector for the month of June grew by 4.7 per cent to INR18,344 crore compared to the...
<p>Bauxite miners in Pahang in the Kuantan Bay area have to bear the cost of constructing the road that will be used exclusively for transporting bauxite from Bukit Goh to the Port, said Pahang Menteri Besar Datuk Seri Adnan Yaakob. <br /><br />Based on his latest discussion with the state’s...
<p>CBIX rose 2.3 per cent (US$1/dmt), closing at US$47.2/dmt for the week on the back of higher priced cargos from Brazil and Australia (ViU-adjusted). Also of note last week was another cargo arriving in China from Montenegro, illustrating the continuing push from Chinese refiners to diversify...
<p>North Queensland is home to some of the world's largest bauxite deposits, but their potential remains largely hidden under the earth as no mining company has yet come forward to exploit it in a sustainable manner. Recently, a University of Queensland scholar has collaborated with the global...
<p>Xinfa Aurum Exploration (Fiji) Limited shipped off their first consignment of bauxite for this year to China from Nawailevu jetty in Bua, Vanua Levu, last Sunday.<br /><br />A total of 69,701.65 tonnes of bauxite was exported from the Bua port, confirmed Xinfa Aurum Exploration (Fiji) managing...
<p>The Government of Odisha has finally woken up to the acute raw material crisis that forced metal and mining giant Vedanta to partially close down its alumina refinery in Lanjigarh in December last year. The State government said on Wednesday that it will provide bauxite for the ailing refinery...
