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...
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RUSSIAN aluminium giant Rusal has slammed the investment climate for value-adding minerals processing, saying the key advantages Australia once enjoyed around energy and sovereign risk were being destroyed. “The industry in Australia is faced with development hurdles that pose significant...
Indonesia’s export ban on raw ore sent nickel prices surging this year, but aluminum prices, along with related exchange traded notes, have been left behind. Now, some traders are pointing to potential opportunity in aluminum. From 2007 to 2013, Indonesia accounted for 60% of global exports of...
Ian Levy, CEO at Australian Bauxite Limited is expecting that the loss of China’s largest bauxite supplier will mean big gains for Australian producers of bauxite. China, the biggest base-metal consumer, saw a plunge in bauxite imports after a January export ban by Indonesia in order to limit ore...
Bauxite Resources Limited advises that it has received a notice dated 19 May 2014 ("Notice") from Scarborough Equities Pty Ltd ("Scarborough") requisitioning a meeting of shareholders of the Company under section 249D of the Corporations Act 2001(Cth) ("Act") to consider, and if thought fit, to...
Development issues such as bauxite mining, the pine chips and the Dreketi/Nabouwalu Highway projects are expected to draw interest in the Bua Provincial Council meeting today. Assistant Roko Tui Bua, Jone Driu Drugunalevu said these major developments have increased employment opportunities in the...
Economist Dennis Morrison says Jamaica should consider developing a sovereign wealth fund seeded by bauxite royalties and taxes, should the sector regain vibrancy. His suggestion comes against the background of the dissipation of US$4 billion in earnings from the Bauxite Production Levy garnered...
China Hongqiao Group Ltd. (1378), the nation’s largest non-state aluminum producer, is in talks to buy a bauxite mine in Africa to secure raw material. “We are looking to lock up resources in Africa and may make some concrete progress over the next six months,” Christine Wong, head of corporate...
An Indigenous-owned company has come one step closer to developing a bauxite mining operation in eastern Arnhem Land. The Northern Land Council approved an exploration application from the Gulkula Mining Company, a subsidiary of the Gumatj Corporation, at its bi-annual meeting in Katherine this...
Bauxite industry experts have given thumbs down to the proposed redevelopment of Reynolds mines in St Ann for ore export and construction of a coal-fired refinery, saying it is likely to impact negatively on the tourism product, which now dominates the economy of Ocho Rios. Economist Dennis...
A review of mining licenses in Guinea, the world’s biggest bauxite exporter and home to the largest untapped iron ore deposit, is deterring investors in the West African country, according to its Mines Minister. “We are really eager to see this process completed very soon, because as long as it is...
Billionaire NRI Anil Agarwal-led Vedanta Resources has made it clear that it will not look at mining bauxite from the Niyamgiri hills to feed its Rs. 5,000 crore Lanjigarh alumina refinery in Odisha until it gets approval from the local community. "In deference to the sentiments of the community,...
Canyon Resources has agreed to raise up to $315,000 by way of a placement of shares to fund exploration at its flagship Birsok bauxite project in Cameroon. The 7 million new shares will be priced at $0.045, with free attaching options with an exercise price of $0.06 each and expiry date of 31...
Rio Tinto Group plans to focus on bauxite investments from the coming year with the demand expected to rise in China. “This year we are focusing on continuing to pay down debt, to improve the strength of the balance sheet,” Chief Executive Officer Sam Walsh told reporters following the company’s...
Representatives of the world’s largest aluminum company UC Rusal, will be visiting Jamaica later this month to conclude discussions on the future of their operations at the Alpart and Kirkvine bauxite plants. Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell made the...
Canyon Resources has commenced First phase drilling on its 75% owned Birsok Bauxite Project in Cameroon, targeting high grade DSO bauxite mineralisation. Up to 4,000 metres of drilling is planned to test the width and extent of bauxite mineralisation across priority target areas. The program will...
Canyon Resources has released an activities report for the quarter ended 31 March 2014. Clearing work began on the Birsok Bauxite project, in Cameroon, to prepare for the first phase drilling programme. 90% of the rock chip samples taken from the project area have returned over 50% aluminium oxide...
China, the leader in aluminium industry is facing an increasing shortage of bauxite after the Indonesia’s mineral export ban came into effect, said Wood Mackenzie, the advisory firm. It was expected that China’s alumina refinery production would grow nearly 17 mn tons by the year 2018, followed by...
The research found that adding a combination of green waste compost and fertiliser to the bauxite residue sand improves its rehabilitation potential and its capacity to support plants Researchers from The University of Western Australia, working with Alcoa of Australia, are breaking new ground on...
