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
Global bauxite reserves were estimated to be 28.1 billion tonnes (bnt) as of January 2015. The production rose on the back of buoyant demand for aluminium in the global market place. In 2014, production of bauxite was 263 million tonnes (mt), down by 3.7 per cent from same period previous year. A...
On behalf of the Board of Directors of First Bauxite Corporation, Alan Roughead, President and CEO announced that First Bauxite Corporation has received the NI 43-101 Compliant Technical Report with respect to its Feasibility Study to produce ceramic proppants from its Bonasika bauxite project. On...
Vinacomin made the proposal at a meeting held in Quang Ninh Province last week to discuss new regulations on the environmental protection fee for mining activities though the ministry turned down such a proposal for several times in the past. The current environmental protection fee on bauxite...
A new Mining Training Centre being developed for the Yolngu people of northeast Arnhem Land with $2.4 million in support from Rio Tinto will have the capacity to train up to 24 people at a time. Construction of the new Centre is set to start on the Dhupuma Plateau site, where accommodation and a...
Following the Indonesian Bauxite ban in January 2014 high-quality bauxite stockpiles and reserves in China are being depleted, and China continues to look for new import markets. Towards the end of 2014 there was a substantial pick-up in Malaysian bauxite exports to China, with lower-cost product...
Operations in Bald Hill mine, Australian Bauxite's newest aluminium ore mine near Campbell Town, Tasmania are being hit badly by severe frosts that have been bringing temperatures below average over the last couple of months. Workers are facing difficulty coping with the unexpected ice. This has...
In the face of declining demand for bauxite, worldwide, a total quantity of 70,000 tonnes of the ore valued at about $1.4 million is reported to have been stockpiled at the Aurum Exploration (Fiji) Ltd in Nawailevu, Bua. Mr Derek Qiu, executive Aurum Exploration said about half of the mining...
The land title claims by two bauxite mining companies in Rennel and Bellona Province in Solomon Islands have been declared legal by the attorney general. Bintan Company Ltd and Asia Pacific Investment Development have been embroiled in complicated battles for land and mining rights which have...
Malaysia has replaced Australia as China’s top bauxite supplier, taking up 46% of China’s total bauxite imports in June. SMM’s attributes China’s growing appetite for Malaysian bauxite to its price appeal. Import price of Malaysia bauxite averaged $46.19 per tonne in June, 16.6% lower than...
State-run National Aluminium Co is mulling over the idea of exploiting its core competence of mining to offset the fall in prices of aluminum. Nalco's new chairman and managing director, TK Chand, who met Odisha Chief Minister Naveen Patnaik on Monday, is also hoping that the company can soon mine...
The Parliamentary Standing Committee on Natural Resources, Fiji says future large scale mining operations may have to provide their own power sources and conduct refining processes locally. Committee chairman Joeli Cawaki said this was one of the recommendations being considered after hearing...
The Pahang government has been urged to issue bauxite mining licences to 32 contractors who have made deals with settlers of Felda Bukit Goh to carry out mining on their land. Bukit Goh Bauxite Coordinating Committee chairman Abd Wahid Abd Manaf held a closed-door meetiung with the bauxite...
Noranda Aluminum Holding Corporation today reported results for second quarter 2015 on July 23, 2015. Bauxite segment reported a $3.1 million loss in second quarter 2015, a $2.1 million profit in first quarter 2015, and a $1.3 million loss in second quarter 2014. • Sequentially, Bauxite results...
Pro Fin Capital Services Ltd's subsidiary, Tera Natural Resources Private Limited (Tera) has signed agreement with Indo Ferro Metal Private Limited, Gurgaon, Haryana for supply of 2,00,000 tons of bauxite ores. The discussions are also at final stage between Tera and HINDALCO Ltd for supply of...
A Guinean-Chinese consortium, SMB-WAP, has started exporting bauxite from Guinea- the first new market entry in the West African country for 15 year, confirmed government sources. Guinea says it has the world's largest supplies of bauxite, but is ranked fourth in the export rankings. The government...
Queensland Bauxite is progressing its plans for its South Johnstone DSO Bauxite Project in northern Queensland to begin production of bauxite later this year. The recently completed drilling program is waiting on drill results to upgrade the current quantity of Indicated Resource and define a...
Metro Mining Ltd has announced a Capital Raising of $5.6M, comprising a fully underwritten Shareholder Rights issue aimed at raising $3.6 million, which follows a successful Placement which has raised $2M. Argonaut and GMP Securities acted as joint lead managers to the Capital Raising. As a result...
A state in eastern peninsular Malaysia said it has revoked the mineral ore licences (MOL) of 34 contractors to curb rampant bauxite mining in the area, due to concerns over rising pollution from the activity. Only 11 operators with permission to mine, transport and export the mineral would now be...
