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, which runs a 1 million tonne alumina refinery in Orissa’s Kalahandi district, may shut down within a fortnight due to acute shortage of bauxite. The refinery at Lanjigarh block has been going through an ore supply crisis after the environment ministry in August 2010 withdrew the stage II forest clearance for mining the bauxite-rich Niyamgiri hills. The ministry order came after the NC Saxena panel appointed by it recommended that mining in Niyamgiri would severely affect the ecology as well the primitive tribal group of Dongaria Kondhs living on the hill slopes. “I have stock hardly for the next 5-7 days. I can’t risk running my plant with depleted stock,” said Mukesh Kumar, president, Vedanta Aluminium, who is also the chief operating officer of the Lanjigarh refinery....
First Bauxite Corporation has announced that it has further strengthened its Board of Directors with the appointment of Mr. Alan Roughead as a Director. Mr. Demetrius (Jim) Heras, one of the co-founders of the Company, who served for three years as its Chairman and an additional six years as a Director and was instrumental in shepherding the early growth and funding of the Company, has resigned. The Board of Directors, on behalf of all shareholders, wish to thank Jim for his dedication and hard work and his commitment to support the new Board and to continue to be a conduit to our loyal existing shareholders. Mr. Roughead, who is based in Australia, brings over 25 years of experience in the industrial and refractory minerals space. During the last 12 years, until its sale to Sibelco, Alan...
Australian Bauxite has an extensive portfolio of 42 bauxite tenements in Australia covering almost 9000 square kilometres - with these strategic projects potentially playing a part in supplying bauxite to China - which is becoming increasingly reliant on imports. Importantly - the company’s bauxite is high quality and can be processed into alumina at low temperature, with this type of bauxite in short-supply globally. The company currently has total resources of 106.4 million tonnes. Australian Bauxite has the potential to create significant bauxite developments in the three Australian states of Queensland, New South Wales and Tasmania. Another plus for the company is that its bauxite deposits are favourably located near infrastructure for direct shipping of bauxite to both local and...
Bauxite Angola has informed the Guinea Bissau government that it is available to re-launch its mining project in the south of the country and continue with construction of the deep water port in Buba, the Angolan company’s assistant communications director said in Bissau Tuesday. At the end of a meeting that the chairman of the Angolan company, Bernardo Campos, had with members of the Guinea Bissau transitional government that followed the 12 April coup d’etat, Tegna Na Fafé said that the company had never given up on prospecting work for bauxite exploration. “The delegation came to tell the transitional authorities that Bauxite Angola has been and is now in Guinea Bissau, where it plans to continue with its work on bauxite exploration and construction of the port of Buba,” said the...
Jamaica's powerful bauxite/ alumina partners have warned that it would be a mistake for Government to rely solely on natural gas as an alternative fuel source, and is urging the Government to adopt a diversification strategy that includes coal, compressed gas and renewables. Further diversification would mitigate fuel price fluctuations, according to executives at UC Rusal and Jamalco - two rivals who declared themselves '100 per cent' aligned on the issue at a Gleaner Editors' Forum on Tuesday. The bauxite/alumina sector is the largest consumer of energy. Jamaica is sold on the need to add renewable fuels to its energy mix. But it has settled on liquefied natural gas as the chief alternative to oil in the generation of electricity. The bauxite companies continue to raise coal as another...
The bauxite mining operation in Mali Hill in south Odisha’s Koraput district by Hindalco Industries has been stopped due to the agitation by the local tribal people. Taking up cudgels under the banner of Mali Parvata Surakhya Samiti (MPSS), the tribal people of the area have launched an agitation demanding cancellation of mining lease issued to the aluminium major. The agitators pointed out that tribals of around 40 villages under the Sorishapodar, Hundi, Dalaiguda and Pakhajhola panchayats in Similiguda block would be affected by the mining operation. “We demand immediate cancellation of the mining lease granted to the company,” said Damburudhara Khillo, president of MPSS. He alleged that the water sources, on which the local people are dependent for their survival, would dry up if the...
A report in India's Business Standard has hinted that while global demand for bauxite is likely to rise at an annual rate of 6.9% from 220Mt in 2011 to 750Mt by 2030, availability of the mineral from which alumina is derived, might be limited if exporting nations follow Indonesia's lead and slap on punitive export duties. With Indonesia already imposing export duty of around 20% on bauxite and Jakarta planning a ban on bauxite imports from 2014, importing countries, like China, are beginning to feel the heat. China is increasingly dependent upon imported bauxite to feed its alumina refineries – which now account for 37% of global capacity, according to Business Standard. And that figure is up by 11% since 2004. Currently, China is importing 45Mt of bauxite but now that Indonesia's export...
Bauxite Resources Ltd (BRL) chief executive Scott Donaldson presented his company's case for a local bauxite venture to the Bridgetown-Greenbushes Shire Council meeting last week. Mr Donaldson told council he was disturbed by scare-mongering and wished to debunk myths. He said his company only has a minority stake in the Bauxite Alumina Joint Venture, which is working toward setting up a refinery in WA - but he said it was premature to talk about the location of the refinery. The Joint Venture group hopes to secure an annual target of 90 million tonnes of bauxite and only when this was the case would a refinery be considered. "Until there are resources (bauxite) there will be no refinery," Mr Donaldson said. Manjimup Shire president Wade De Campo said he hoped a bauxite refinery would be...
The global demand for bauxite, from which the aluminium smelter feedstock alumina is derived, is likely to rise at an annual rate of 6.9 per cent from 220 million tonnes (mt) in 2011 to 750 mt in 2030. The world is richly endowed with bauxite mineral, distributed across all continents. And, a good portion of that is in the “proved” category. Even then alumina refineries across the world making do with procurement of bauxite from the market have started experiencing supply constraints. Concerns about shrinking availability of bauxite got heightened when under a new mineral policy, Indonesia slapped an export duty of about 20 per cent on 65 minerals. More ominously, Jakarta has ordained that starting 2014, there will be a ban on exports of bauxite and 13 other minerals so that whatever goes...
Bauxite mining company Suralco is in the red and needs to change its policy drastically to be able to compete on the world market. Production costs have to be cut, but although this may look like a difficult task, it is not unachievable, says the new Managing Director Ruben Halfhuid. He is ready for the challenge. “The company’s future is very clear: Suralco is here to stay. We’re not a hit and run company.” Halfhuid, barely a month after his appointment, is completely at home at Suralco. “I have an enormous job ahead of me: the world market price for aluminum has hit rock bottom while our production cost keep rising. This means we’re deep into the red and we’re not making profit,” the new man at the helm says. But despite the many challenges, Halfhuid knows he can beat the odds. The...
Utkal Alumina International Limited (UAIL), a bauxite mining and refinery project in Rayagada district, is expected to be operational soon. "The project is ready for commissioning and we are hopeful that it will be operational within the next six months," said Rajesh Kumar Jha, who took over as the new chief-executive officer (CEO) and managing director of the UAIL on Wednesday. Though the UAIL has set up a 4.5 million tonne per annum bauxite mining plant at Baphlimali hills and has established a 1.5 million tpa alumina refinery at Doragurah under Kasipur block in Rayagada district, the plant was unable to commence mining in the face of stiff resistance from locals seeking employment in the company. They also demanded the company develops basic facilities like health, education, road and...
Bauxite Resources Limited provides the June 2012 Quarterly Activities and Cashflow Reports. The key points of the report are: - JORC Bauxite resources increased by 172% to 139.5Mt - New 73 Mt Felicitas bauxite resource announced - May 2012 - New 15 Mt Ceres bauxite resource announced - July 2012 - Appointment of credentialled executive Bill Moss to head up BAJV - Recruitment underway for successor to current CEO who steps down at end of 2012 - Cash in hand $48.03 million with no bank debt
China’s private mining group Bosai plans to invest $1 billion to build an alumina plant in Indonesia after the Southeast Asian country implemented a series of policies to restrict raw material exports. The company has reached an initial agreement with Indonesian parties to build a 2 million tpy alumina plant on an island with abundant bauxite resources, its general secretary, Zhang Yonghua, was quoted as saying. Based in southwest China city Chongqing, Bosai's products enjoy markets of more than 30 countries and regions in the world and both calcined bauxite and brown fused alumina are proudly ranked No. 1 in the global market. The plant is expected to put into production in 2 years. Currently more than 80% of bauxite supply in China relies on exports from Indonesia. The latter , however...
Miners are dusting off plans to develop Cape York, buoyed by the prospect that Queensland would scrap laws protecting "wild" rivers and boost economic activity across the peninsula. Bauxite miner Cape Alumina is assessing the viability of its $1.2 billion Pisolite Hills project, which was stalled by a 2010 declaration over the Wenlock River. Chinese aluminium giant Chalco also remains keen to develop bauxite deposits near the Aboriginal community of Aurukun, on the far northwest coast of the peninsula. The Australian revealed yesterday that the state Liberal National Party government would develop a Cape York statutory regional plan to map out land-use areas across far north Queensland and encourage economic development. It plans to repeal the controversial wild rivers law brought in by...
Votorantim Metais (VM) is discussing the development of a bauxite project in the northern Brazilian state of Pará, local media reported. The complex will be set up in the city of Rondon, will extract about 7.1 million tpy of bauxite and will include a refinery producing about 3 million tpy of alumina by 2016/2017, according to information from Brazilian newspaper Valor Econômico. Votorantim Metais intends to invest $3.3 billion in the project. The company confirmed its interest in developing a mining project in Pará, but declined to comment on the mentined project.
Vimetco, the global producer of primary and processed aluminium products, has announces that its bauxite producing subsidiary, Sierra Minerals Holdings (SMHL), has signed an updated Mining Lease Agreement (MLA) with the Government of Sierra Leone. Under this agreement the Company's Mining Lease, of 321 square km in the Mokanji area of Sierra Leone, will be granted for a period of 20 years from the effective date, while the perimeters remain the same. The updated MLA brings SMHL up to date with the latest legislation in the mining and minerals field in Sierra Leone. "Vimetco is determined to continue its vertical integration strategy, focusing on securing all necessary raw materials for the entire production chain", said Gheorghe Dobra, CEO of Vimetco. "This agreement is yet another...
A policy proposal to protect agricultural communities in WA from mining has been submitted to the State Government. The proposal has been developed by the Residents for Responsible Mining, a community group based at Chittering, about an hour north of Perth. The group was formed three years ago in response to a proposal by Bauxite Alumina JV, which is a joint venture between Bauxite Resources Limited and Yangkuang Resources Limited, a Chinese Government owned entity, to develop a bauxite mine at Bindoon. Clair Medhurst is the Co-Convenor of Residents for Responsible Mining. "We're protecting them from essentially incompatible land uses. Bauxite mining is a very large scale operation, it takes up, hundreds of hectares are cleared and strip mined every year. It's something that's mined in...
State-run Gujarat Mineral Development Corporation (GMDC) today reported 11.36 per cent jump at Rs 170.51 crore in its net profit for the quarter ended June. The company's profit in the corresponding period last year was Rs 153.11 crore, an official statement said. Backed by good mining practices, the company's turnover in the first quater rose by 5.91 per cent at Rs 496.53 crore, it said. GMDC's turnover stood at Rs 468.78 crore in the corresponding period a year ago. The company has generated a revenue of Rs 400.65 crore from its lignite mining operations and Rs 19.41 crore from bauxite mining, the statement said. Focussing on the value addition, GMDC has set up projects in collaboration with the private sector mineral players. Gujarat Credo Mineral Resources Ltd is the new joint venture...
