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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Putrajaya and the Pahang government will announce a plan for dealing with bauxite mining activities in the state by the end of this month, Menteri Besar Datuk Seri Adnan Yaakob said yesterday. "The state government and the Ministry of the Natural Resources and Environment will make an announcement...
Metro Mining has enhanced bulk export prospects for its bauxite holdings on Queensland’s Cape York Peninsula with the definition of expanded direct shipping ore (DSO) resources. This follows immediately on Metro’s proposed takeover of Gulf Alumina, a potentially game-changing acquisition which...
Rio Tinto expects to produce 2.8 million tonnes of bauxite a year and replace the output from the depleting East Weipa mine. It slashed its budget for major projects to roughly $5.5 billion for 2015 from more than $17 billion three years ago. The project also provides further expansion options...
China’s bauxite imports fell 34% month-on-month in November, a trend to continue in December, SMM expects. SMM bases its prediction on falling shipment from top supplier Malaysia due to monsoon season there, as well as destocking by Chinese alumina producers against year-end cash tightness. China...
Aspiring exporter Australian Bauxite Limited (ABX) has clarified the real reason its maiden shipment from its first mine in Tasmania has been delayed for so long. Delays in winning shipping permits had previously been explained as the reason first exports from Tasmania's Bell Bay port were behind...
The Odisha government would put only two mines for auction in the first phase even as it had identified 12 blocks for open bidding in the state. "Two mines like Ghoraburahani-Sagasahi East Iron Ore Block and Jhunka-Patriposi block, will be put for auction in the first phase," state steel and mines...
After the Left Parties voiced their opposition against proposed bauxite mining in Andhra’s Vishakha Agency area, it is now the leaders of the Tribal Joint Action Committee (JAC) who are up against government’s initiative to unleash the mineral development potential of the state. They have demanded...
Nine mineral-rich states in India are expected to auction up to 70 mines to private firms for captive use this fiscal, mines secretary Balvinder Kumar said on Thursday. Of these, the auction process for 28 mines has started in five states, he said at a CII conference. Kumar also said that the...
Kuantan MP Fuziah Salleh wants the Pahang state government to issue a stop-work order for bauxite mining before the monsoon floods hit the state. She claimed four hours of rain in the early hours of Sunday had caused the retention wall of a bauxite cleaning pond in Bukit Goh to burst, and the water...
Brisbane based Metro Mining Limited will make a takeover offer for unlisted Cape York mining company Gulf Alumina Limited. Gulf Alumina holds tenements adjacent to Metro Mining’s Bauxite Hills Project, 95kms north of Weipa. Metro Mining CEO Simon Finnis says his company has already secured 20% of...
Tasmania's state-owned rail operator is missing out on revenue as the operator of a new bauxite mine near Campbell Town fails to find buyers. During government business scrutiny hearings, TasRail management revealed Australian Bauxite had fallen far short of supplying its contracted volumes for...
Bauxite Resources Limited (BRL) advises the final agreements were signed with Yankuang Resources Pty Ltd and Yankuang Group Company Ltd on Monday, November 30th for the sale of Bauxite's interest in the Bauxite-Alumina Joint Venture, and the buy-back of Yankuang's shares. The transaction is...
Cairns businesses have been urged to ensure they are competitive to seize the opportunities offered by a $2.6 billion bauxite mine expansion on Cape York. Rio Tinto on Friday, November 27, gave board approval of the long-awaited Amrun bauxite project, formerly known as South of Embley, at Weipa....
Australian Securities Exchange (ASX) has granted a trading halt to Metro Mining, pending details in connection with a potential material acquisition by the company. Metro Mining recently delivered an extensive Definitive Feasibility Study for its wholly-owned Bauxite Hills project located in Cape...
Noranda Bauxite Limited was able to eke out US$500,000 (J$60 million) of operating profit during the three months to September. The mining company generated US$33.5 million in sales during the quarter, or US$2.7 million higher revenue than year-earlier levels. This was primarily as a result of an...
On 26th November, the 2nd day of the 4th IBAAS conference at Suzhou, about 35 papers in 3 parallel sessions were presented to showcase the developments in China and other countries. About 12 presentations were made in bauxite-alumina session, 10 on aluminium smelting and 13 on downstream...
Rio Tinto will expand output from one of the world’s premier bauxite deposits following approval of the $1.9 billion Amrun project. Amrun involves the construction of a bauxite mine and associated processing and port facilities on the Cape York Peninsula in north Queensland. The planned initial...
Andhra Pradesh Chief Minister Chandrababu Naidu’s remarks after releasing a white paper on bauxite mining in the Visakha Agency areas on Tuesday leave room for the Government to go ahead with its GO No. 97 which facilitates bauxite mining in the Jerrela area. Without acknowledging the protests by...
