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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Malaysia Pahang's bauxite operators will have to foot the bill once the state government decides to adopt the ore dust control agent known as Adherex 120. The state government was yesterday given a demonstration of the product, which aims to cut down on the 'red dust' phenomenon which has hit the...
China's Zhengzhou Mineral Utilization Research Institute has been awarded national intellectual property for its invention of inhibitor that effectively separates diaspore from silicon-containing substances. Diaspore is one of the three component minerals of the economically important aluminum ore...
According to the industry sources, negotiations are ongoing for purchase of Alpart alumina plant at Nain, St Elizabeth by leading Chinese metals company, Jiuquan Iron and Steel (Group) Company (JISCO) from Russian owners UC Rusal. The price of the 46-years old Alpart plant, established in 1969 is...
The Government of Andhra Pradesh, India, has decided to divert 1,212 hectares in Chintapalli and Jerrila reserve forest in Narsipatnam division for bauxite mining. In a decision that could trigger agitations in the agency areas of Visakhapatnam, the State government has approved mining lease for...
In the wake of global economic slowdown and aluminium price decline, which have severely affected demand, bauxite shipments to China have been reported to have come to a standstill. But, Aurum Exploration (Fiji) Ltd's executive Derek Qiu said they were anticipating a shipment before the end of the...
Metro Mining announecd feasibility study results of its Bauxite Hills project in Queensland. Based on the analysis, which indicated at a healthy production over a 25+ year life with modest costs and a tight payback period, the company valued the project at A$235 million. Definitive Feasibility...
Guizhou provinces in China recently announced the discovery of two new bauxite deposits. Preliminary studies suggest, bauxite reserves at one deposit in Zheng'an County are 20.98 million tones (mt), while at another deposit in Wuchan County, bauxite reserves stand at 33.24 mt. Bauxite reserves in...
The annual meet of India's Chhotanagpur Bauxite Union was observed at town hall in the head of district president Vakil Khan. In the meet, Rajya Sabha member-cum-secretary of the union Dheeraj Prasad Sahu and chairman of Scheduled Tribes commission Rameshwar Oraon were present. On the occasion,...
The federal government of Malaysia needs to step in and suspend all licenses issued to export bauxite from Pahang until it can implement regulations to deal with the allegedly rampant pollution caused by the industry, Kuantan MP Fuziah Salleh said today. The PKR lawmaker claimed that everything...
First Bauxite Corporation is pleased to announce a non-brokered private placement to Resource Capital Fund VI L.P. of an aggregate of US$15 million principal amount secured convertible notes bearing 8% interest and maturing August 1, 2017 to close in two tranches, the first of which closed today...
Overwhelming price appeal made Malaysia overtake Australia as the top bauxite supplier to China during January-September period. Bauxite imports from Malaysia soared to 15.87 million tonnes (mt) during the first nine months 2015, surpassing 15.09 mt imported from Australia, showed customs data....
Bauxite mining in Fji's Bua province has not ended and other prospective sites are being explored for possible deposits. This was confirmed to members of the Parliament Standing Committee on Natural Resources by Department of Mineral Resources director Malakai Finau. Mr Finau said although the...
Bauxite Resources Limited has recently announced its September 2015 quarterly report. During the quarter, exploration activities were significantly reduced while the dispute with Yankuang was under mediation. The result of that mediation was announced to the market on 21 October 2015. Bauxite...
Indian aluminium major National Aluminium Company (Nalco) has inched closer in its bid to bag the Pottangi bauxite deposits with the Odisha government writing to the Union mines ministry to allocate the mines in favour of the central PSU. "We have already written to the Centre to allocate Pottangi...
At a recent meeting of the IMO Sub-Committee on the Carriage of Cargoes and Containers (CCC), submissions from the lost bulk carrier’s flag state, the Bahamas, were considered. Although the cargo had been declared as a Group C cargo under the IMSBC Code, the vessel’s flag state advised that the...
Australian Bauxite Ltd has concluded a finance facility with EFIC, Australias export credit agency. The facility will provide Australian Bauxite financial assistance to meet transport costs associated with its initial bauxite shipments. Ian Levy, CEO at Australian Bauxite, said: "Efics facility...
The Geological Survey of India (GSI) will be making an assessment of bauxite ore deposits existing in Damchun block of Balrampur district in Chhattisgarh. Notably, Chhattisgarh accounted for 6.07 per cent of the total bauxite production in the country in 2013-14, as per the annual report of the...
China is expected to remain the world's largest consumer of aluminium and will thus continue importing huge amounts of bauxite. China is both the largest consumer and importer of bauxite in the world, accounting for approximately half of global imports of the aluminium-making ingredient. Italian...
