Metro Mining Limited shipped 2.1 million wet metric tonnes (WMT) of bauxite in the third quarter of 2026, up 17 per cent from 1.8 million WMT in the previous quarter. However, shipments remained below the 2.25 million WMT recorded in Q3 2025. The Australian bauxite producer reported improved market pricing during the July–September quarter, with its delivered (CIF) price rising by 6.5 per cent to AUD 60.8 (USD 42.79) per WMT from AUD 57.1 (USD 40.18) per WMT in Q2. Site EBITDA increased to AUD 7 (USD 4.93) per WMT from AUD 4.4 (USD 3.10) per WMT. Mining and shipping operations faced maintenance work, equipment issues and channel erosion during the quarter. The company said its offshore floating terminal, Ikamba, underwent a one-week shutdown in July to replace four large hydraulic crane...
Ghana Bauxite Company Limited (GBC) has appointed Ecobank Ghana PLC to arrange up to USD 250 million in financing for its expansion programme, which aims to increase bauxite production and improve mining and logistics infrastructure. The parties signed the agreement in Accra on October 28, 2026. Ecobank will structure the proposed financing and coordinate participation from other banks and financial institutions. The package includes a term loan and a revolving credit facility to cover capital investment and working capital. The funds are expected to support investments in mining equipment, haulage capacity, materials-handling systems and other infrastructure at GBC’s Awaso operations in the Western North Region. Explore the production, demand and consumption forecasts of bauxite and...
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”Boksit” company from Milici will start the production and ore shipments to alumina factory ”Birac” in Zvornik, and the removal of overburden will start later, due to weather conditions. Despite the crisis, the expectations are great for this year, since ”Boksit” is organizationally, technologically ready to respond to the challenges and achieve good business results. The management of the company predicts that ”Boksit” will deliver 400,000 tons of bauxite ore, worth 28 million BAM.
Bauxite mining in the agency areas is in gross violation of the Constitution, says V. Kishore Chandra Deo Reiterating his opposition to wanton destruction of forests and hills under the guise of development, Union Minister for Tribal Affairs V. Kishore Chandra Deo said that he would follow up with the State government to ensure no bauxite mining is taken up in the agency areas in the district. Addressing the annual general body meeting of the district unit of the AP ST Employees Welfare Association (APSTEWA) here on Sunday, he said that the Union government’s clearances were given based on the information provided by the State government and did not in anyway give a stamp of approval for illegal activities. Bauxite mining in the agency areas was in gross violation of the Constitution, he...
WA’s mining industry has called for a full review of resource development in the Kimberley after Colin Barnett appeared to rule out development of a massive bauxite resource in the region owned by Rio Tinto and Alcoa. Association of Mining and Exploration Companies chief executive Simon Bennison said the Kimberley was mineral-rich and “very prospective from a mining and exploration viewpoint” and planning and approvals should not be ad-hoc. “If the State Government is going to restrict mining within the region, then a proper consultation and review process needs to take place with industry,” he said. Last week, the Premier said he believed Rio and Alcoa’s huge bauxite deposit surrounded by national parks 115km south-west of Kalumburu would never be developed due to its location and...
After much delay, the Tan Rai bauxite plant finally shipped the first batch of alumina products, slow third quarter compared to the first plan. Vinacomin expected, this year could yield about 300 tons, equivalent to U.S. $ 460 million. According to the Vietnam Coal and Mineral Group (Vinacomin), the evening of 26/12, the Group has carried out bagging the first batch of alumina products factory alumina - aluminum bauxite combination of Tan Rai (Lam Dong) . Director of Project Management - Phan Boi Loi said today the hydrated salt incubation period, an important stage of the production of alumina, has been completed. Currently, the entire chain of alumina production plant is being closely monitored contractors. Before that, at the regular press conference of the Ministry of Industry and...
The Board of Directors of S&B Industrial Minerals S.A. (S&B) and Greek Helicon Bauxites, 100% subsidiary of S&B, approved in their meetings held on 18/12/2012 and 28/12/2012, respectively, the spin-off of S&B's bauxite sector and its contribution to HB. The spin-off is an internal rearrangement to serve the rationalization of S&B's Group structure and will not have any impact on financial figures. The date of transformation (of S&B's financial position) has been set at 31/12/2012 while the spin-off and contribution of S&B's bauxite sector will be realized in accordance with the provisions of L.2166/1993 and C.L.2190/1920. Based on the latest fiscal data of 2011, sales revenue of the spin-off sector is less than 30% of S&B Group's total consolidated sales revenue, specifically 7.2%....
Hit by acute shortage of raw materials that led to closure of Vedanta’s refinery at Lanjigarh, the Odisha government today said it would explore every possibility of undertaking bauxite mining at Karlapat reserve in Kalahandi district. “We have decided to submit a revised application seeking permission of the Centre for undertaking bauxite mining at Karlapat reserve,” Odisha Mining Corporation (OMC) CMD, Saswat Mishra said after attending a meeting convened by the chief secretary. Mishra said though the state government was set to go for bauxite mining at Karlapat, it could not proceed further as the area comprised of a wildlife sanctuary. Therefore, Mishra said, the government would start a fresh field-verification at Karlapat on how to go for mining excluding the sanctuary area. During...
Just under four years since the closure of bauxite/alumina plants Alpart in south eastern St Elizabeth and Kirkvine in central Manchester, economic gloom hangs heavy with unemployment on the rise and savings of ex-bauxite workers already spent or fast running out. There was a spark of hope late last month with word from Mining Minister Phillip Paulwell that he expected to name a date for the reopening of Alpart — the largest of Jamaica's alumina plants — by year-end. When the Observer Central sought an update last Friday, Paulwell could not be reached for comment, but a ministry official said the timeline for the minister's announcement had been pushed back to mid-January. Residents of bauxite mining areas in Manchester and St Elizabeth have seen such promises come to nothing over the...
United Co. Rusal PLC said Monday it has signed an agreement with the government of the Republic of Guinea to develop the Dian-Dian bauxite deposit, the world's largest. The deal calls for developing the mine to be able to produce up to 3 million tons of bauxite by 2015. Rusal will also complete a feasibility study by the end of 2015 on raising production to nine million tons a year, as well as building an alumina refinery with an annual capacity of 1.2 million tons. The goal would be to have the refinery running and the mine producing up to six million tons a year by 2019, the company said. If global demand improves, Rusal says it hopes to boost production to up to 12 millions tons a year and capacity at the refinery to 2.4 million tons annually by 2021. An agreement over the Dian-Dian...
Resource giants Rio Tinto and Alcoa have won a two-year extension on their plans to develop a massive bauxite deposit and alumina smelter in the Kimberley, despite Premier Colin Barnett casting doubts on the venture. Earlier this month Mr Barnett suggested the remote, costly, project was unlikely to ever be developed. However, he confirmed yesterday he had approved extra time to develop the bauxite deposit, 115km south-west of Kalumburu, surrounded by national parks. "In response to a request from Rio Tinto the State Government has agreed to a two-year extension of the requirement for a development proposal under the State Agreement Act," Mr Barnett said. Rio declined to comment, but some analysts speculate the miner's persistence is in the hope that the Government will eventually relent...
Bauxite Resources Ltd has appointed Sam Middlemas Acting CEO following the recent departure of Scott Donaldson. The process of appointing a permanent CEO continues and Mr Middlemas will remain until a permanent appointment is made which is expected to take place in the near future. Mr Middlemas was appointed Company Secretary on 8 July 2012 and he will also continue in this role. Mr Middlemas is a Chartered Accountant with more than 25 years experience in various CFO and Company Secretarial roles with a number of listed public companies operating in the resources sector. He is the principal of a corporate advisory company which provides financial and board services specialising in the mining industry. He is currently Chairman of the ASX and TSX listed Elemental Minerals Limited and has...
Australian Bauxite Limited has established a virtual data room in response to approaches made since its declaration of three State-Significant Projects. All participants have been afforded equal access, based on their commitment level, commencing with execution of a confidentiality agreement, and then progressing through term sheet and MoUs. The data room is currently open to six international groups and their advisors, who are investigating the ABx opportunity, be it at tenement, project, subsidiary or company level. Site visits have been conducted in each of the Projects and are ongoing. Australian Bauxite Limited holds the core of the newly discovered Eastern Australian Bauxite Province. Its 37 bauxite tenements in Queensland, NSW and Tasmania covering 8,500 km2 were rigorously...
Rio Tinto has reached a binding agreement to sell its 57.7 per cent effective interest in Palabora Mining Company Limited (Palabora) for US$373 million. The purchaser is a consortium comprising South African and Chinese entities led by the Industrial Development Corporation of South Africa Limited and Hebei Iron & Steel Group, who are committed to the ongoing sustainable management of Palabora. The sale is subject to customary regulatory approvals in South Africa and China which are expected to take four to six months. Guy Elliott, chief financial officer of Rio Tinto said "Palabora is a good business but is no longer a natural fit within Rio Tinto's portfolio. Selling our stake reflects Rio Tinto's policy of continually reviewing our portfolio to generate best value for shareholders. "I...
The Chief Minister Mr N. Kiran Kumar Reddy on Wednesday said that the state government would go by the Centre’s direction on the controversial bauxite mining issue. Mr Reddy was in Paderu on the third day of his tour of the district. Referring to the demand for cancellation of bauxite mining leases to AP Mineral Development Corporation and MoUs on supply of ore to Jindal and AnRak companies, he said the state and the country would have to follow the rules. “The Centre is contemplating bringing in an enactment in this regard. There are environmental concerns. If the enactment comes soon, we will go by it. If not we will study if we can take action as per the existing Acts,” he explained. The Chief Minister said the Centre granted mining leases in 2007 to APMDC. When a reporter asked if the...
A shutdown was observed amid tension in the tribal areas of Visakhapatnam district Wednesday to demand that the Andhra Pradesh government should not allow bauxite mining. An all-party committee opposing the mining called for the shutdown to protest Chief Minister N. Kiran Kumar Reddy's visit to Paderu, about 150 km from the coastal city of Visakhapatnam. Shops, businesses and educational institutions were closed in 13 mandals or blocks, especially in Paderu, Arakau Valley and surrounding tribal areas. Police arrested dozens of opposition activists before the chief minister's arrival in Paderu to take part in 'Indiramma Baata', a programme aimed at interacting with beneficiaries of welfare schemes. A group of leaders and activists staged a protest outside the office of Integrated Tribal...
The bauxite mining company in Bua has set up a team to assist government officials with evacuation and clearing of roads when Tropical Cyclone Evan hits us this weekend. Mine manager Basilio Vanuaca said work at the site had been shelved until TC Evan passes. "The only people at the mine site are our emergency teams who will help nearby villagers and those in settlements in times of emergency during the cyclone. "Right now it is all tools down at the work site because of the cyclone and our workers have gone to their homes to be with their families," Mr Vanuaca said. "Our team will also clear and remove fallen trees from roads assisting government officials and simply providing easy access to road users." Mr Vanuaca said the team would be based at the mine site. "If the villagers need to...
State-run National Aluminium Co (NALCO) resumed operations at its bauxite mine in eastern India after getting a temporary one-year permit, nearly a month after it was shut, a senior company official said on Tuesday. The operation at Panchpatmali mine in the Koraput district of Odisha, which has a deposit of more than 310 million tonnes of bauxite, was suspended after NALCO's 30-year lease for the area expired on November 16. "Last night we re-commenced operation of the mine," Ansuman Das, chairman and managing director told Reuters. He said the month-long disruption had not impacted the company's smelter operation although its alumina refinery located nearby was operating at lower load. "Now the mine has started, we hope to resume full operations at the refinery also in a day or two," he...
For a country with one of the largest reserves of natural resources in the world, the transformational potential of India's resources sector is immense. The sector has the potential to add $1 trillion to the Indian economy that can substantially contribute towards much-needed investments in education, health and nutrition. India's economic rise since 1991 has resulted in a sharp rise in resource needs, from petroleum products to power and infrastructure. This, in turn, has led to a burgeoning import bill that stands at $485 billion. India is blessed with significant reserves of natural resources and we can produce all the key imported resources indigenously at 15-20% of the import cost. Thus, we can save $300 billion on yearly basis and, within 3-4 years, we can add $1 trillion to the...
Alliance Mining Commodities Limited, has appointed HCF International Advisers Limited as Principal Financial Advisor to the Company. HCF’s mandate is to advise on the raising of equity and project financing to advance the development of the Project. Of particular focus for HCF will be the identification of strategic partner(s) for the Koumbia Bauxite Project. AMC is a privately funded company developing its 90%-owned Koumbia Bauxite Project in Guinea, West Africa. The development of the US$812 million capex Koumbia Bauxite Project will position AMC as one of the world’s Top-5 bauxite producers and a major new independent bauxite producer in the Boké Bauxite Province in Guinea – a region which hosts around 40 per cent of global bauxite resources and currently only accounts for...
