What happens when the world’s biggest bauxite supplier produces too much of the one commodity it dominates? Guinea’s bauxite market is offering a striking answer. Record exports have strengthened its position in global trade, but the surge in supply has also pushed prices lower. Australia,...
India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...
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Bauxite giant VBX Limited has given investors several updates that demonstrate the increasing traction in the Australian bauxite sector, with the Wuudagu Bauxite Project in focus across several areas. From leadership hires to an acceleration in drilling and an initial public offering into a useful...
The collective agreement for mines, quarries, and related industries in Guinea will take effect in August, according to a letter dated August 12 from the country's Ministry of Labour and Civil Service to the National Chamber of Mines, local media reported. Rusal Friguia, a bauxite and alumina...
Vedanta Ltd told investors last week that it expects the cash cost of producing primary aluminium to slide beneath USD 1,700 per tonne in the second half of FY 2026, supported by higher captive alumina output from its Lanjigarh refinery and the impending start-up of the Sijimali bauxite mine in...
Independent Bermuda-based bulk carrier firm Himalaya Shipping Ltd. (“Himalaya,” “Himalaya Shipping,” or the “Company”) has released strong preliminary unaudited results for the three and six months ended June 30, 2025, all while operating in a freight market that continues to experience the fallout...
Rio Tinto has approved a USD 180 million investment for the development of the Norman Creek project at its Amrun bauxite mine on Queensland’s Cape York Peninsula. Image source: Rio Tinto The initiative aims to access approximately 466 million tonnes of high-grade bauxite representing nearly half of...
As of August 5, 2025, Guinea has revoked the bauxite concession previously awarded to Guinea Alumina Corporation (GAC), a subsidiary of Emirates Global Aluminium (EGA), citing violations of the national mining code. The concession has been reassigned to a newly established state-backed entity. This...
Bosnian bauxite miner Boksit reported a net profit of 4.7 million marka (USD 2.8 million / EUR 2.4 million) for the first half of 2025, a sharp turnaround from 791,013 marka in the same period last year, the company announced last week. Image for representational purpose The strong profit...
ABx Group Limited has reported notable progress across its rare earths and bauxite initiatives. In Tasmania, the company completed a successful scout drilling campaign, with more than 30 per cent of drill holes encountering rare earth mineralisation. It is also moving forward with its Deep Leads...
The Ministry of Lands and Natural Resources has firmly denied reports suggesting the cancellation of a $1.2 billion bauxite lease awarded to Rocksure International in favour of foreign companies, calling the allegations false, baseless, and misleading. In a statement released on July 30, the...
As of July 29, Mysteel's daily assessment for Guinea bauxite (Al:45%,Si:3%) was USD 73 per dry metric tonne (dmt), unchanged from a week ago, but down USD 1 per dry metric tonne from a month ago. The assessment for Australia bauxite (Al:50%,Si:6.5%) remained flat at USD 69 per dry metric tonne....
Himoinsa, a global leader in the design, manufacturing and distribution of power generation systems, has delivered a 24 MW power plant for a metallurgy facility in Kouriah, strengthening energy resilience in one of Conakry's key industrial zones. Why does it need mention in the export boom scenario...
With Guinea revoking more than 129 licenses of the bauxite miners , Ghana is now following a similar step. Starting with a local firm, Rocksure International, Ghana has cancelled the bauxite lease worth USD 1.2 billion. The major cause behind the cancellation was the lease being ratified by the...
Indonesia's state-owned mining holding company, MIND ID, is looking to ramp up its aluminium ambitions with a multi-stage, vertically integrated plan to transform the country into a centre for global aluminium production. MIND ID, through its subsidiary PT Indonesia Asahan Aluminium (Inalum), is...
India’s bauxite import is witnessing a turning point in 2025, as Ghana makes its debut as a key bauxite exporter, filling the void left by Guinea’s sudden export slump. Image for representational purpose According to data from the Ministry of Commerce, India imported 0.31 million tonnes of bauxite...
The Bon Ami Project in Guinea, which began back in 2018, have successfully implemented the robust and high-capacity Telestack barge loading systems, helping to meet the demanding conditions prevailing in bauxite imports. The design of the project aims towards rapid construction, which started its...
Guangxi, a key hub for China’s aluminium industry, is actively pursuing collaboration with Vietnam’s Cao Bang province in aluminium mining and processing. During recent meetings, Guangxi officials have consistently highlighted their interest in partnering with Cao Bang for the exploration,...
Australian mining firm Metro Mining has announced its performance result for Q2 FY2025, posting record bauxite shipments as well as solid growth in revenue and margin. The total volume of shipment increased by 19 per cent year-on-year, supported by a 41 per cent increase in FOB net unit revenue to...
Guinea’s bauxite exports saw yet another hike in Q2 2025, bringing the total export volume in H1 to 99.8 million tonnes, driven by strong Chinese demand that outweighed the impact of regulatory constraints. In comparison with H1 2024, the export volume recorded an annual hike of 36 per cent from...
