Ashapura Minechem is preparing for its next phase of growth by expanding its Guinea bauxite operations while shifting its Indian business towards higher-value mineral products. The company is targeting 15 million tonnes of annual bauxite volumes by FY28, a level management believes could generate...
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...
Grow with
AL Circle
Vedanta's chief executive officer (CEO) Tom Albanese urged Odisha chief minister Naveen Patnaik last Thursday to arrange for bauxite for its dying one million tonne per annum (mtpa) Lanjigarh refinery in Kalahandi district as soon as possible. The CEO also officially intimated the company's...
Vedanta, on Thursday September 3, urged the Odisha government to secure bauxite in order to make its Kalahandi-based refinery survive against all odds in the international aluminium market. "Our submission before the state government is very clear. We have told them...Please secure bauxite as early...
Metro Mining has closed a 3.6 million non-renounceable entitlement issue to complete the Bankable Feasibility Study for its Bauxite Hills Project at Cape York Queensland. It received subscriptions for 12670171 shares priced at 0.08 or 28.3% of all shares offered under the 1 for 7 offer. The...
In its bid to rescue Vedanta's alumina refinery at Lanjigarh, the Odisha government has put its mining PSU Odisha Mining Corporation (OMC) on the job to start mining from Karlapat mines at the earliest. Timelines have been set to achieve different critical milestones to commence bauxite mining from...
Tom Albanese, Chief Executive Officer, Vedanta Resources Plc, is scheduled to meet Odisha Chief Minister Naveen Patnaik on Thursday to request for making bauxite available to the company's Lanjigarh alumina refinery that is otherwise headed for a shutdown. The company has said repeatedly in the...
Waking up to acute raw material crisis faced by Vedanta to run its Lanjigarh alumina refinery, the state government has decided to push aluminium producers like National Aluminium Company (Nalco) and Aditya Birla Group promoted Hindalco Industries to make arrangements for interim bauxite supplies....
First Bauxite Corporation announced that it has filed its unaudited quarterly financial statements and management's discussion and analysis for the period ended June 30, 2015. First Bauxite Corporation, a natural resources company, is engaged in the acquisition, exploration, and development of...
In an attempt to avoid the posssible closure of Lanjigarh plant where operations have been badly hit due to unavailability of bauxite, KK Dave, chief operating officer (COO) of Vedanta Aluminium Limited (VAL) met Odisha Steel and Mines Minister Prafulla Mallick at the state secretariat on Saturday...
China’s appetite for imported bauxite grew significantly in July due to rapid expansions in the country’s alumina capacity, observed Shanghai Metals Market (SMM). Bauxite imports hit 5.06 million tonnes in July, up 63.52% year-on-year and 25.26% month-on-month, customs data showed. China imported...
As per a recent study, the Global Mining Equipment Market is expected to reach USD 95.14 billion by 2022. The mining industry has faced an economic slowdown over the last two years due to reduced investments and weak demand from major geographies including North America & Europe which has...
Despite protests coming in from Girijans living in the Vishakha Agency and political parties in opposition in the state, Andhra Pradesh government seems insistent on going ahead with the bauxite mining projects in the Agency area in Vizag and East Godavari districts. In a recent development, the...
Mineral-producing states are expected to begin auction of mines bearing minerals such as iron ore, bauxite and limestone by October and November, Steel and Mines Minister Narendra Singh Tomar reportedly said. "I have spoken to all the Chief Ministers of the mineral-producing states, and the process...
With mineral-producing states expected to start auction of mines bearing minerals such as iron ore, bauxite and limestone by October and November, Federation of Indian Mineral Industries ( FIMI) urged the Centre to ensure that all approvals including forest and environment clearances should be put...
As per the annual report of the Union Ministry of Mines, Gujarat has the largest 32.41 per cent share in bauxite production followed by Jharkhand which has 10.53 percent share and Maharashtra standing at 9.51 per cent. Chhattisgarh is accounted for 6.07 per cent of the total Bauxite production in...
The Minister for Natural Resources and Mines, Anthony Lynham has confirmed the competitive bid process to mine a bauxite lease in Aurukun will not be reopened. Dr. Lynham told at an open community meeting of about 30 people in the Cape York community on Saturday the Swiss company Glencore would...
Australian mining and metal major Alumina termed Malaysia’s sudden emergence as bauxite exporter in the global market as unsustainable. Alumina and Alcoa have long been jointly engaged in bauxite mining operations. Their prime objective was to convert the ore into aluminium products. However, with...
Australian companies are eager to make investment in Iran’s mining projects, according to Gerard Seeber, the senior trade commissioner for the Middle East and North Africa (MENA) region in the Australian Trade Commission (Austrade). The commissioner of Austrade, which is the Australian Government’s...
Orient Abrasives (OAL), the largest producer of calcined and fused products in India, has received clearance from the Ministry of Environment, Forests and Climate Change, for enhancement of bauxite production capacity at their Kothariya bauxite mine and the Nandana I bauxite mine at Kalyanpur,...
