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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Vedanta Aluminium has called on the government to restrict bauxite exports and allow more mines to ensure that India's domestic industry, including Vedanta's own alumina refinery, has sufficient supplies. The company's refinery in Odisha has been operating at 70 percent of its capacity of 1 million tonnes of alumina production per year, because it cannot obtain its requirement of 10,000 tonnes of bauxite a day. India, the world's fifth-biggest bauxite producer, has been limiting the issuance of bauxite leases mainly due to local protests over land acquisition. Eastern Odisha state has the largest reserve of the resource. "At this crucial junction, allowing bauxite exports at the cost of domestic industry by some of the state governments, when the domestic aluminium industry is suffering...
Maoist fear looms large in Jharkhand's Lohardaga District as bauxite mine workers abandoned their work, following threats from the extremists. The people living in nearby villages said till now they were working in the bauxite mines of the region without facing any problem. But recently, posters were pasted in the area threatening the mine workers to close them till further notice. "This problem is because of the Maoists, due to which the poor people are suffering the most. Labourers are employed for 3-4 days and again they become unemployed. People in this area are dependent on trucks operating in the mines and 60-70 percent of poor are associated with the mining work and mines are the main means of earning money," said a local, Aarif Ansari. With the shutdown of the bauxite mines, the...
The Wilderness Society has questioned the economic benefits of a proposed bauxite mine on far north Queensland's Cape York Peninsula. Cape Alumina says the Queensland Government's declaration of its Pisolite Hills mine as a "significant project" has prompted it to resume planning and negotiations with traditional owners. The company says the mine would support 1,700 jobs over 15 years. However, Tim Seelig from the Wilderness Society says there will be little benefit for local Aboriginal communities. "We have a huge mining area at Weipa and one of the most disadvantaged Indigenous communities in Australia in Napranum right on its doorstep," he said. "Mining proposals like this don't end up delivering large numbers of jobs to Indigenous people but they certainly do trash both physical ......
The Queensland government has declared the Pisolite Hills bauxite mine, which Cape Alumina is developing, a “significant project”, prompting the ASX-listed miner to resume work on the project. The development of the Pisolite Hills project was put on hold in October 2010 after the previous state government imposed a 500-m buffer zone around waterways in the vicinity of the project area as part of the declaration of the Wenlock river basin as a wild river area. This reduced the bauxite resource available to the project. Cape Alumina said on Wednesday that following the state government’s declaration that the project was now considered “significant”, the company would restart work on technical and environmental studies, and would also reopen negotiations with the traditional landowners and...
A coalition of Cape York councils is planning to lobby the State Government to be included in its Royalties for the Regions program. The government has promised to invest almost $500 million over four years in regions under pressure from resource development. Aurukun Shire Council CEO John Japp says many Cape York communities are feeling the pressure. "Hope Vale has a large silica mine; Cape Flattery, Napranum and Mapoon and Weipa are right on top of the bauxite mine that Rio Tinto run; there's a large bauxite mine being opened in the south of Embley,' Mr Japp said. "Aurukun actually has four possible mines that could be opened on the Aurukun bauxite resource." In the state's Gulf Country, the Burke Shire is home to the Century mine, Australia's largest open pit zinc mine. The operator...
Attracting investors to the mining town of Linden is key to government’s developmental agenda for the people and the region. As such, Finance Minister Dr. Ashni Singh explained that investors continue to express interest in the mining sector that has contributed significantly to the Gross Domestic Product for the first half of 2012. The bauxite sector has grown significantly for the first half of 2012 to 41.9 percent and the export earnings amounted to US79.4M. Finance Minister Dr. Ashni Singh said the figure shows a 21.8 percent increase. Turning his attention to linden, he believes that continued normalcy in the region is vital. “I will continue to make the point that normalcy in Linden was and continues to be in the best interest of Lindeners and it’s extremely important that Linden...
United Co Rusal could restart the Friguia alumina refinery in Guinea if the government grants it further bauxite concessions, first deputy ceo Vladislav Soloviev told Metal Bulletin. “Among our working refineries, Friguia is the most expensive in terms of production costs. We incurred losses in the second quarter because of the Friguia one-off impairment,” Soloviev said, adding that the refinery remains idled because it is cheaper for Rusal to buy alumina from the market than to produce at Friguia.
Apprehensive about the future of the alumina refinery of Vedanta Aluminium at Lanjigarh in Kalahandi district, local people observed a bandh demanding bauxite for the company. With VAL having to run its refinery at 40-50 percent of its capacity, the people under the banner of the Lanjigarh Anchalika Vikash Parishad feared that a halt in production would lead to loss of jobs and livelihood. The people from Lanjigarh and adjacent places like Biswanathpur, Daikhal and Ambadala shouted slogans demanding immediate allocation of bauxite to the refinery which is facing a crisis due to shortage of the raw material. Sridhara Pesnia, president of the Parishad said, “The alumina refinery should be provided bauxite from Odisha. The state and central governments must ensure this. If it is not done...
Australian Bauxite Limited is an emerging bauxite exploration and development company, which listed on the Australian Securities Exchange on 24 December 2009 with the ASX Code ABZ. This Review of Operations covers the period to 30 June 2012. As at 30 June 2012, the Company through its wholly owned subsidiaries( ABx 1 Pty Ltd; ABx 2 Pty Ltd; ABx 3 Pty Ltd, ABx 4 Pty Ltd and ABx 5 Pty Ltd) holds 42 bauxite tenements in Queensland, New South Wales and Tasmania covering 8,960 km2. Corporate During the half year ended 30 June 2012: - Mr Vincent Tan retired as a director at the Company's AGM in May 2012. Mr Ken Boundy was an alternate direct to Mr Tan. - Mr Ken Boundy was appointed as a Director of the company on 6 June, 2012 - The Company raised $2.13 million in additional share capital during...
The country could hear more details about the future of the Ewarton bauxite plant in St. Catherine within the next two week. Workers and communities which benefit from the plant have been on edge ever since the energy minister announced that the owners of the plant indicated it would be temporarily shut down for a year beginning in October. Following that announcement UC Rusal, which owns Ewarton, later denied the claim. Since then the parties have been having discussions on the future of the plant. A senior official at the energy ministry says the talks are proceeding and an announcement is expected to be made soon. On Sunday, UC Rusal took out a full page advertisement highlighting its commitment to the bauxite and alumina industry. The company said despite the current economic...
Ashapura Minechem was locked in 5% upper circuit at Rs 32.75 after the company said it is likely to resume its bauxite exports from Jamnagar, Gujarat post the Supreme Court order. “The Government of Gujarat has given conditional permissions in favour of certain mine owners to resume Bauxite sales after the ad-interim relief granted by the Supreme Court,” Ashapura Minechem said in a filing. Accordingly, the Ashapura Minechem along with its subsidiaries is likely to resume its bauxite exports from Jamnagar, Gujarat on a best effort basis to the extent of availability/ raising of working capital, it added. The stock currently trading at its 52-week high, has almost doubled in past one month from Rs 16.70 on July 23. A combined 244,760 shares have changed hands on the counter in opening deals...
The Vedanta Aluminium Ltd (VAL) has no plans to shut down its one million tonne alumina refinery at Lanjigarh, which is currently facing acute shortage of raw material to run the plant. "We have no plans to shut down the refinery. We are running the refinery with depleted stock of bauxite. The stock is likely to run out soon and may impact the operation”, S K Roongta, managing director, VAL told newsmen after emerging out of a meeting with the state chief secretary B K Patnaik. He said, there are very few bauxite mines outside Odisha. Though the company is making efforts to source the raw material from various states but there are logistic problems. "Our Lanjigarh refinery was designed keeping in view the bauxite reserves in Odisha. But we have not been able to source bauxite from the...
About 15 kms from the idyllic hilly town of Semiliguda in South Odisha’s Koraput district, the stage is set for an encore of the Niyamgiri-type agitation, as the tribals gather at the foothills of Mali Parbat to protest against bauxite mining by Hindalco Industries Ltd in the area. Sharing the concerns of the Dongria Kondh tribe at Niyamgiri, whose protests had put a halt to Vedanta’s bauxite mining plan two years ago, the tribals in Semiliguda are also worried about the protection of their environment and livelihood. “The water sources which provide irrigation for cultivation of vegetables in the area will disappear if bauxite mining is taken up at Mali Parbat. Our livelihood will be robbed. So, we are opposing mining in the mountain,” said Arjuna Khillo, an anti-mining tribal leader....
In view of the ad-interim relief granted by the Hon. Supreme Court, the Government of Gujarat has given conditional permissions in favour of certain mine owners to resume Bauxite sales. Accordingly, Ashapura Minechem Ltd along with its subsidiaries is likely to resume its bauxite exports from Jamnagar, Gujarat on a best effort basis to the extent of availability/ raising of working capital. In respect of shipping and other claims, Ashapura Minechem Ltd continues to contest these in appropriate forums along with efforts to amicably resolve the matters. The Company is in discussion with the Operating Agency to draw up the Draft Rehabilitation Scheme as per the directions of the Board for Industrial and Financial Reconstruction. The Ashapura Minechem Ltd stock closed the day at Rs.31.20, up...
Guinea-Bissau's transitional government said it will renegotiate a deal with Angola Bauxite as the current agreement, signed by a government ousted in an April coup, is unfair. Angola Bauxite, part-owned by the Angolan state, first signed a $500 million plan to build a mine and deepwater port in Guinea-Bissau in 2007 to handle bauxite, the ore from which aluminium is made. Progress has been slow due to political uncertainty. A coup in April derailed elections that former prime minister Carlos Gomes Junior looked set to win. An interim administration has since been put in place in the West African country, despite calls by some nations that the former government should be reinstated. "The agreement signed in 2007 by the government of Carlos Gomes Junior is not fair .. As a result, the...
Indonesia's bauxite exports to China, which came under fresh government restrictions in May, have begun to recover as Jakarta resumes exports to Chinese metal producers, state-owned Chinese metal consultancy Antaike said Thursday. The shifting trend suggests that Indonesia's efforts to develop a domestic metal-processing capacity may be running up against the sheer size and pull of Chinese consumption. "Indonesia is still giving export quotas to Chinese alumina producers," Antaike analyst Michael Huang said. "If they don't sell [bauxite] to the Chinese, who else will they sell it to?" Indonesia was China's top supplier of bauxite, a raw material for aluminum, until Jakarta introduced a 20% export tax on 65 unrefined mineral types in mid-May, ahead of a full ban expected in 2014. The...
Nana Akufo-Addo, the main opposition presidential candidate in Ghana, pledged to develop a “multi-billion dollar integrated aluminum industry” and attract investment into bauxite mining. “We will use a similar model to exploit our iron-ore deposits and build urgently a new iron and steel industry which can also process West African ore being currently shipped to Europe for refining,” he said yesterday in a speech in Accra, the capital, broadcast on the website of Joy FM. The 68-year-old former foreign minister with the New Patriotic Party lost a 2008 election in Africa’s second-biggest gold producer by less than 1 percentage point to John Atta Mills. He will face President John Dramani Mahama of the ruling National Democratic Congress, who took office last month after the death of Mills,...
An anti-bauxite mining lobby group has accused Blackwood Stirling MLA Terry Redman of failing to protect the Warren Blackwood area from the threat of bauxite mining. The Bauxite and Alumina Action Group claimed Mr Redman and other Nationals’ ‘‘apathy’’ towards possible bauxite mining in the region was in stark contrast to successful action by the Liberals to protect Margaret River from coal mining. Bauxite Resources Limited’s appeal against the Mining Warden’s recommendation it be denied three exploration licences between Manjimup and Bridgetown will be considered by Mines and Petroleum minister Norman Moore once all submissions have been made by August 31. Opponents fear a possible alumina refinery near Manjimup would damage the environment and taint the region’s status as WA’s Food...
