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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First Bauxite Corporation announces that it has filed its annual financial statements and management's discussion and analysis for the fiscal year ended September 30, 2013. Also, on January 21, 2014, the Board of Directors appointed Mr. Larry Washow as a Non-Executive Chairman of the Board, Mr....
Bauxite Resources Limited continues to focus primarily on the exploration and evaluation of bauxite prospectivity in BRL's extensive tenement holding in Western Australia's Darling Range, the largest bauxite and alumina producing region in the world. Currently the Company and its joint Venture...
Ma'aden Bauxite and Alumina Co., the subsidiary of Saudi Arabian Mining Co. (Ma'aden) has signed a financing agreement with Saudi Industrial Development Fund (SIDF) for its aluminum project’s second phase. The company will repay the loan of SAR 900 million ($240 million) in 15 semi-annual unequal...
Bauxite miner Cita Mineral Investindo ceased its bauxite ore export activities on Jan. 12, following the mineral ore export ban implemented by the government. Bauxite and nickel miners have been hit the hardest in the wake of Indonesia’s policy initially aimed to ban mineral ore exports. The...
Continuing its frenzied efforts to secure alternate bauxite supplies, Vedanta Aluminium Ltd (VAL) has urged the Odisha government to fast track its applications for three small laterite deposits in Koraput district for mining lease by the end of this month. VAL’s urgency to secure alternate raw...
Less than two weeks after the government issued a ban on raw mineral exports, five bauxite mining companies operating in Tanjungpinang municipality, Riau Islands province, have ceased operations, a local official has said. Tajungpinang Marine, Fishery, Forestry and Energy Agency head Sumardi said...
Vedanta is aiming at achieving of 80-90 per cent capacity utilisation this month, boosted by availability of bauxite from several sources, even as its plans for captive mining in Odisha remains thwarted by the ministry of environment & forests (MoEF) refusal to provide stage II forest clearance to...
Over the past five years, revenue for the Aluminum Ore Mining industry in China has been increasing at an annualized rate of 14.9% to $3.7 billion. Aluminum prices dropped sharply in the second half of 2008 and remained at relatively low levels during 2009 due to weak demand stemming from the...
AnRak Aluminium Ltd's aluminium refinery and smelter that has come up at Rachapalle in Makavarapalem mandal, nearly 70 kms from the city seems to be in trouble. Despite being completed over a month and a half ago at a cost of around Rs 4,500 crore, the 1.5 million tonne per annum capacity plant...
Normal life was affected during a bandh observed at Lanjigarh in Odisha's Kalahandi district today demanding provision of bauxite mining facilities to Vedanta for smooth running of its alumina plant. During the shut-down, called by Lanjigarh Anchalika Bikas Parishad (LABP), local inhabitants took...
Mining company Rio Tinto has had a record year for bauxite and thermal coal production. Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and...
Potential bauxite reserves have been discovered at Darling Range tenements, Western Australia by Bauxite Resources and China’s Shandong. The new discovery made in the northern Darling Range and Wandering - Pingelly region is named "Dionysus" bauxite project . The Indonesian Government has put its...
The delayed and more critical impact of mineral export ban in Indonesia is slowly being felt in the aluminium industry. London aluminium futures hardly gained up 0.6% over the same 3-day trading period and the benchmark contract in Shanghai also came down by 0.6%. While Indonesia relaxed some of...
‘Mini-mining boom’ – It is what the struggling Australian Government is looking for in the year 2014. When given a choice to them where they would want it to happen, their first choice would be undoubtedly Western Australia. Indonesia has supplied China with about 25% of bauxite and it has resulted...
In a major setback to Anil Agarwal-promoted Vedanta Resources, the Ministry of Environment and Forests has turned down its proposal for bauxite mining at Niyamgiri hills in Odisha. Vedanta wanted to mine bauxite from Niyamgiri to feed its Rs 5,000-crore Lanjigarh alumina refinery in Odisha. “We...
Bauxite mining contractors and other stakeholders have halted operations in West Kalimantan and Riau Islands, the country’s biggest producers of the ore, as the government effectively banned mineral ore exports on Sunday. Some contractors, however, stopped operating three months ago. Dedy W....
The deputy director office of geology and mining on Wednesday issued a notice to Kolhapur firm Swati Minerals to provide the details of mining activities in Udgiri in Shahuwadi taluka. The company has not provided the records and necessary documents of the mining activity despite the office order...
Indonesia's mining ministry on Wednesday sought to ease a looming mineral export ban by proposing a regulation that would allow shipments of some mineral ore concentrates to continue until 2017. However, the proposal, which must be approved by President Susilo Bambang Yudhoyono, does not include...
