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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Alcoa’s workforce is celebrating an historic milestone after achieving one billion tonnes of bauxite mined, following 53 years of operation in Western Australia. President Alcoa Mining Garret Dixon saluted the hard work and tireless efforts of past and present employees who have worked across its...
Hindalco Industries Ltd., India’s second- largest producer of aluminum, may have to halt mining at its biggest bauxite reserve after part of the land was recently deemed forest, requiring a new permit, people with knowledge of the matter said. The company needs to obtain approvals by 9 March and is...
Rampant, unregulated bauxite mining in Malaysia’s Kuantan and its impact on the region’s environment and economy have revealed loopholes more than one in the country’s industrial regulatory system. Why only Malaysia’s? - The setback has unearthed many gaps existing within the mining industry’s...
The long term damage caused by unregulated bauxite mining activities can negatively impact Malaysia's tourism sector, observed Prof Dr Ahmad Puad Mat Som dean of Faculty of Applied Social Sciences, University Sultan Zainal Abidin (UNISZA). "Bauxite mining has caused damages to the environment and...
Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, foresees an inevitable cessation in the export of bauxite, noting that there are more long-term benefits in having it processed here in Jamaica. Addressing stakeholders, delegates and leaders of trade unions representing...
The Port of Redwood City Commission has approved expanding acreage use by International Materials Incorporated (IMI) for its handling of bauxite ore imports. IMI entered its initial lease agreement with the Port in 2010 for approximately a 2.4 acre paved open area next to the building occupied by...
Metro Mining has further de-risked its developing export business profile by entering into a deal for the provision of transhipment services relating to the Bauxite Hills project in Queensland. The agreement with Bauxite Transhipment Services (BTS) will allow Metro to minimise capital expenditure...
Guinea-focused bauxite miner Alufer will produce 5 million tonnes of bauxite next year, the mines minister said on Monday, potentially boosting Guinea's output by more than a quarter. Guinea holds nearly a third of the world's reserves of bauxite, the metal used to make aluminium, and currently...
China’s demand for imported bauxite will remain high in 2016 after a 53.86 per cent increase in 2015, SMM predicts. SMM expects output of alumina in China that relies heavily on imported bauxite to grow to 20.4 million tonnes (mt) in 2016, and this will boost demand for imported bauxite to 55 mt....
Jamaican government has rejected pleas to relieve St Ann-based bauxite company, Noranda, of its levy obligations in light of its declining profits. Minister of Finance and Planning Dr Peter Phillips told the House of Representatives yesterday that the Government would not compromise the 40-year-old...
Fallout from Malaysian ban continues as authorities step up export licence checks. CBIX edged lower again last week, down 1.8% (US$0.9) to finish at US$46.6/dmt. The fall was more reflective of the subdued alumina market, particularly in China, than the longer term implications of the Malaysian...
The Pahang government said yesterday that the raw water supplied to Selangor was not contaminated with bauxite. State Basic Facilities and Environmental Committee chairman Datuk Seri Mohd Soffi Abdul Razak said the source of the water supplied to Selangor came from west Pahang area such as Raub and...
French telecoms tycoon Xavier Niel's NJJ Capital has acquired a minority stake in Alliance Miniere Responsable (AMR), a Paris-based company developing bauxite reserves in Guinea, AMR said on Wednesday, 24 January. The stake, the size of which was not known, is the latest investment by one of...
Bauxite Resources Limited (BRL) has recently announced its December 2015 quarterly activities and cashflow results. Following are the financial and operational highlights: - Cash at bank at 31 December 2015 was A$21.1 million and no debt. - Quarter exploration activities were minimal within the...
Beating the slump in world aluminium market, National Aluminium Company (Nalco) is eyeing 10% growth in bauxite production by the close of this financial year. “By the end of 2015-16, the (bauxite) production is likely to be at the level of 6.3 million tonne (mt), a growth of 10%. Similarly, in...
Roskill's new release- a Non-Metallurgical Bauxite & Alumina report with forecasts to 2021, shows the ceramic proppants sector is poised to become the largest market for non-metallurgical bauxite by 2021, overtaking the refractories industry. Consumption of bauxite, the principal ore of aluminium,...
A Principal Mining Officer at the Minerals Commission, Jerry Ahadzi has said that Ghana is in search for investors to exploit its bauxite and other mineral resources. These investors, according to him would also be expected to lead in the development of the entire value chain for these mineral...
Bauxite Resources Limited advises that completion of the sale of BRL's interest in the Bauxite Alumina Joint Ventures ('BAJV'), and the Buy-back of all of Yankuang's shares in BRL, occurred this morning following BRL Shareholder approval of the transaction at the EGM held on 18th January 2016. The...
