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>CBIX declined 1.5 per cent over the week (US$0.7/dmt), closing at US$46.1/dmt, with lower ViU-priced Malaysian bauxite re-appearing to pull the index lower. This is despite the Malaysian bauxite mining ban being extended until at least mid-September. The recent Malaysian cargos come as a result...
<p>A key mine plan drilling campaign is under way at ASX-listed bauxite developer Metallica Minerals’ Urquhart bauxite project, near Weipa, in north Queensland, to assist with the company’s final planning for a 2017 mine start.<br /><br />Metallica noted on Thursday, August 11, that the...
<p>According to the provisional mining data (yet-to-be-released) reviewed by InfraCircle, India’s overall mineral production during the first quarter of 2016 has increased 14 per cent to reach 138.53 million tonnes (MT) compared with 121.11 MT during the same period last year.<br /><br />The...
<p>The Government of Jamaica is all set to meet with the officials of the Jiuquan Iron & Steel (JISCO) in September this year. This will be the first meeting since the Chinese firm bought bauxite company Alpart Jamaica from UC RUSAL, last month, at a total price of US$300 million. <br /><br...
<p>BHP Billiton has announced the joining of Ken MacKenzie in its board of directors. The former Amcor boss will be instrumental in envisioning future goals and strategies for the global miner having portfolios comprising multiple commodities including bauxite. <br /><br />MacKenzie will join BHP...
<p>The Minerals, Metals, Metallurgy & Materials International Exhibition and Conference (MMMM) is a leading biennial international event for industry players from these sectors. Each edition of the event has been making significant value additions to the industry and visitor turnout and the...
<p>Australian Bauxite (ABx) from Sydney has completed its second and largest sale of bauxite from its Bald Hill mine, in Tasmania. They shipped 35 913 tonnes of cement-grade bauxite from Bell Bay port.<br /><br />The Bald Hill mine is the first new bauxite project in Australia in more than 35 years...
<p>CBIX retreated 2.7 per cent (US$1.3/dmt) over the week, closing at US$46.9/dmt. The fall signalled the return of some Malaysian bauxite to the Chinese market, which is typically priced lower (on a value-adjusted basis) than cargos from other countries. Malaysia’s return weighed heavily on...
<p>Mining and clean, renewable energy do not share a common ground. Since years mineral extraction has caused environmental devastation in many countries across the world. Profit-driven boardrooms of mining multinationals have seldom prioritized climate change and sustainability considerations. But...
<p>Experts predict that Guinea will replace Australia as China’s top bauxite supplier by 2017, China’s Ministry of Finance said on its website on July 22. <br /><br />Bauxite output in Guinea totaled some 19 million tonnes in 2015 and is expected to reach 28 million tonnes by 2016. The...
<p>Irving, Texas based multinational engineering and construction firm Fluor Corporation has been awarded with a major bauxite expansion project in Guinea. The engineering, procurement and construction management contract was signed between the representatives of Compagnie des Bauxites de...
<p>CBIX dropped 2.8 per cent (US$1.4/dmt), closing at US$48.1/dmt for the week due to two lower ViU cargos from Malaysia re-entering the Chinese market. This is despite a further extension of the Malaysian mining ban, by two months, to September 15th.<br /><br />Malaysian FOB prices remain...
<p>IronRidge Resources has unveiled an initial 4.9 million tonne (MT) resource of bauxite at its Monogorilby project in Queensland, Australia.<br /><br />Bauxite is processed to produce aluminium and this maiden resource comes a time when major miners are approving significant long-term project...
<p>Odisha Mining Corporation (OMC) and Vedanta Resources have teamed up to find a headway together in the Niyamgiri bauxite mining issue which has long been the centre of a multi-faceted problem involving the state, the mining conglomerate, and major political parties at the Centre. <br /><br />OMC...
<p style="text-align: left;">Government of Pahang sends out a clear message to the bauxite miners in the region- they should fulfil all conditions stipulated for them before the moratorium on mining can be lifted. <br /><br />Natural Resources and Environment Minister Datuk Seri Wan Junaidi Jaafar...
<p>In the second quarter 2016, UC RUSAL reported a 3.9 per cent quarter-on-quarter rise in bauxite output, totalling at 3,126 thousand tons driven largely by an increase in mining volumes at the Timan and North Urals mines. <br /><br />Bauxite output from the company's Guyana mining site declined...
<p>Bauxite Resources Ltd publishes its June 2016 Quarterly Activities and Cashflow Report. The report confirms that the proposed 5 cent per share return of capital payment was completed on 21 June 2016.<br /><br />Exploration activities continued but at a minimal levels on the HD Mining...
<p>The bauxite mines in Bua, Papua New Guinea, have been constantly under the scanner. The Department of Mineral Resources has conducted regular inspections, all of which revealed full compliance on the part of Aurum Exploration Fiji Ltd, the company owning the bauxite mining sites in the region....
