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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Suriname's President Desi Bouterse on Monday urged Caribbean Community (Caricom) member states that are involved in bauxite mining, mining of other industrial metal ores, and oil to unite towards industrialisation rather than continue to be vulnerable to global commodity prices. “Those...
The bauxite mine, Hydro Paragominas, ranks as number one on the list over mining companies in Brazil in the latest edition of Best and Biggest of EXAME magazine. Executive vice president in Bauxite & Alumina, Alberto Fabrini, highlights that the recognition is an award earned by all at Hydro...
CBIX rose over the week, up 2.4 per cent (US$1.1) to US$46.9/dmt on the back of higher ViU-priced Guinean material, partially offset by lower ViU-adjusted prices from other regions. Malaysian FOB prices continue to hold their ground, quoted at US$25/dmt to US$26/dmt for unwashed material, with...
With plans to raise alumina production at its Lanjigarh refinery in Odisha's Kalahandi district by 50 per cent, bauxite starved Vedanta today sought quick steps for raw material supply from within the state. "We plan to enhance production in Lanjigarh refinery from 1 million tonne per annum to 1.5...
The moratorium on bauxite mining in Pahang, Malaysia, has been extended yet again, this time for another two months. Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said this was because there were still a sizable number of bauxite stockpiles that had yet to be...
According to the latest Mineral Industry Surveys data published by the USGS, imports of crude and dried bauxite in the first quarter of 2016 were 1.51 million metric tons (Mt), 35 per cent less than those in the fourth quarter of 2015 and 45 per cent less than those in the first quarter of 2015....
Vedanta Ltd Group chief executive officer Tom Albanese, in a recent interview, said that the Government of India should take more initiatives in the mining sector and further encourage exploration of bauxite. While commenting on the winning of the first-ever auction of a gold mine in India in...
Australian Bauxite Limited is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's maiden shipment of 5,557 tonnes occurred on 28 April and a second sale of 5,000 tonnes was announced on 31 May. ABx is pleased to...
Mining, as an industry, has always been associated with a history of exploitative social practices and environmental degradation, particularly in Africa. Various treaties and organizations have made efforts to clean up mining practices over the years, but very few could smell success out of it....
Four states including Maharashtra and Karnataka have started the process of auctioning 32 mines that bear minerals such as iron ore, diamond, bauxite and limestone. The initial bids for mines in these states, which also include Andhra Pradesh and Madhya Pradesh, are scheduled to start from this...
Landowning units and the people of Wainunu were taken to the Nawailevu bauxite mining sites in Bua to see the success of the rehab program. Tui Wainunu Ratu Orisi Baleitavea said groups had been taken to Nawailevu as an educational and informative visit. "This has been happening for some time now...
While Australia remains China’s top bauxite supplier, the country is facing competition from Guinea and Brazil, who are emerging as important suppliers, SMM says. Imports from Guinea, China’s second largest supplier, rose about 10 per cent month-on-month in May, and imports from Brazil, which...
CBIX nudged higher over the week, up 1.5 per cent (US$0.7) to US$45.8/dmt on the back of higher ViU-priced Australian material. Given the current linkages between bauxite prices and alumina prices, we expect to see the former gain further ground, as the rebound in alumina prices begins to flow...
None of the Odisha mining blocks has made it to the final list of blocks that would be auctioned in July. The Union Ministry of mines has come up with a list of 31 blocks, the auction process for which has already been initiated by different state governments. There are five blocks in Andhra...
Alcoa has loaded its first shipment of WA bauxite destined for a Chinese alumina refinery, describing the event at Kwinana today as a milestone moment. The 47,000 tonne parcel of bauxite, from the Alcoa of Australia joint venture’s Darling Range mines, is the start of an export trial approved by...
Emirates Global Aluminium (“EGA”) will begin construction on a major bauxite mine in the Republic of Guinea, to secure supply of the high-quality raw material for its primary aluminium production facilities in the United Arab Emirates and create a new, substantial revenue stream through significant...
Aurukun bauxite deposit has been hit with a legal challenge over the granting of preferred developer status to mining giant Glencore. This has put the future of hundreds of potential jobs at stake. Aurukun Bauxite Developments has lodged a claim for a judicial review to the decision made under the...
Two major water harvesting and Greenhouse projects that have been recently started in Watt Town and Tobolski in South West St. Ann in Jamaica are helping farmers earn revenues after a long hiatus. The projects running successfully on mined-out bauxite lands are adding substantial economic value to...
