Russian aluminium producer Rusal has reached an agreement with Ghana's state-owned Ghana Integrated Aluminum Development Corporation (GIADEC) to jointly develop bauxite mining and alumina refining projects, marking a significant step towards expanding the country's domestic aluminium value chain. Under the agreement, the projects will be implemented through two joint ventures in which Rusal will hold majority stakes. The proposed developments include bauxite mining operations with annual production capacity of up to 5 million tonnes and an alumina refinery capable of producing 1.2 million tonnes annually. The projects will target the Nyinahin bauxite deposit in southwest Ghana, where estimated resources exceed 100 million tonnes, according to Rusal. The agreement was announced during a...
China’s bauxite imports continued to rise in the first nine months of 2026, with Guinea accounting for nearly 80 per cent of its total supply. Against this backdrop, Alurion Resources, an independent company following a demerger from Brazilian Rare Earths, is advancing its Amargosa Bauxite-Gallium Project in Bahia, Brazil, through infill drilling, bulk sampling and export-logistics studies, targeting a pre-feasibility study (PFS) by mid-2027. The company’s September 2026 quarterly activities report outlines plans to improve bauxite resource estimates, assess processing yields and evaluate export routes, as it works towards establishing a scalable direct-shipping bauxite (DSB) operation. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: "Global...
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Bloomberg reported that Minmetals Resources Limited, backed by China's biggest metals trader, is transforming companies from Mirabela Nickel Limited to Alumina Limited into takeover targets as it eyes a total of USD 7 billion of deals including bauxite and alumina deals. Mirabela, which controls the Santa Rita nickel mine in Brazil, and Alumina, which is an owner of the world’s biggest producer of the raw material, may attract interest from Minmetals. With the company’s earnings set to peak this year and the Anvil deal facing increased scrutiny from the Democratic Republic of Congo, Minmetals needs acquisitions to extend the life of its mines and boost valuations, according to Credit Suisse Group AG. Mr John Stephenson, who helps manage USD 2.7 billion at First Asset Investment Management...
Xiao Jiangang, the director of Department of Land and Resources of Guangxi figured out there were more than 0.7 billion tons of proven bauxite in Guangxi.With other regions still in the process of being investigated,the reserves will reach over 1 billion tons. It is learned that bauxite in Guangxi is high grade,on large scale,and buried shallow. At present, three main alumina plants of Guangxi with abundant bauxite resources are the resource base for the sustainable development of local aluminum industry and their production capacity will be over 6000 thousand tons.
Aluminum maker Alcoa is shuffling some executives in its Global Primary Products business and its Investor Relations function with all the moves effective Dec. 1. William Oplinger was named chief operating officer of Global Primary Products where he will oversee the company’s bauxite mining, refining and smelting activities. This COO position has been empty since May when Chris Ayers was named executive vice president and global primary products president. Most recently Oplinger was chief financial officer for Global Primary Products.
Recently listed Aziana is making solid progress at the Manantenina Bauxite Project in Madagascar where seven teams are undergoing exploration, just four months since commencing its IPO. Early work from the Manantenina Bauxite Project, which includes over 3,000 samples from 459 test pits, has returned promising intersections of visible bauxite, averaging more than 5 metres thick, with continuity of bauxite over at least 40 square kilometres to date. The Manantenina Bauxite Project (99% Aziana) is set evolve into a substantial bauxite deposit. Aziana’s reconnaissance has already identified widespread bauxite, exposed at surface, on its Esama and Soavary license areas.
The Fiji interim government says its first exports of bauxite will be ready by January or February next year. The mineral is being exported to China. The mine at Nawailevu in Vanua Levu was opened a week ago by the interim prime minister, Commodore Frank Bainimarama.He told guests the mine was a direct result of government’s efforts to bring about economic growth and modernise Fiji. The Commodore says the mining sector will create immediate business and employment opportunities, improve living standards, cut poverty and attract economic attention to the region. The permanent secretary of the Ministry of Lands and Mineral Resources, Filimoni Kau, says the mining company is already making real progress.
It is estimated that the value of sites of metals on Kosovo overcomes the amount of $1.000 billion. Corporate experts for raw metals and minerals have announced in the end of 2008 the estimated reports of reserves: The mine "Grebnik" south from Glina, has for a fact 1.700.000 tons of bauxite reserves. Four tons of bauxite consists of two tons of alumina, which is used for making a ton of aluminum, which means that "Grebnik" could produce 425.000 tons of aluminum.
While serious efforts are being made to push through the bauxite mining project in the Visakha Agency, Union minister for rural development Jairam Ramesh said he was against bauxite mining. Ramesh said he was against not only bauxite, but any mining that leads to destruction of natural habitat and livelihood of tribals. Speaking to media persons after attending a function at Hukumpet, 12 km from here, the Union minister said that he would never support bauxite mining. He said the welfare schemes were not reaching the tribals.
In Jamaica,The National Workers Union (NWU) has written to Mining Minister Clive Mullings requesting an update on future plans for the bauxite/alumina sector. The union, which represented workers who were displaced following the closure of mining plants at the height of the global financial crisis, also wants information on plans to resume operations. Vincent Morrison, President of the NWU, says the letter was sent to Mr. Mullings last week.
Mubadala Development Company,Abu Dhabi’s strategic investment and development firm, will explore opportunities in sectors such as bauxite,and alumina in the Republic of Guinea. The move follows the signing of collaborative agreements between the government of Republic of Guinea and Mubadala. These initiatives are expected to deliver significant benefits to the economies of both the countries,a statement said. Mohamed Lamine Fofana, Guinea’s Minister of Mines and Geology, said: ""Mubadala is a strategic partner for the Republic of Guinea and we are very pleased to announce this agreement. We look forward to working towards a successful partnership with Mubadala in these sectors, which are highly strategic for Guinea and are an important foundation for the development of our economy and the...
Guinea's government plans to change a number of tax clauses in the West African state's newly adopted mining code after discussions with companies and investors, the mines minister said on Wednesday. The minister did not specify what changes would be made but said they were aimed at making the country more attractive and competitive in current turbulent market conditions. The interim parliament in Guinea, the world's top bauxite exporter which has large-scale iron ore deposits, adopted a new mining code in September. But more changes were necessary as market conditions have worsened, according to a source in the mines ministry, who asked not to be named. The source cited falling aluminium prices as an example. Guinea is seeking political stability and investment after years of often...
FIJI'S first-ever bauxite mine was commissioned at Nawailevu in Bua following a groundbreaking ceremony on Tuesday. More than 200 jovial landowners, villagers, government officials and executives from the mining company Xinfa Aurum Exploration Fiji witnessed the historic event. Chief guest and Prime Minister Commodore Voreqe Bainimarama said the event marked a milestone not only for the people of Bua and Vanua Levu but of Fiji. He said it would boost economic growth in the country. He said the mine was a direct result of government's efforts to make Fiji an ideal place for scalable international investment because it would bring economic strength to modernise the nation. "As our government uncovers new and innovative ways to promote and sustain Fijian livelihoods, development of the...
BAUXITE mining is expected to become the largest economic booster for the Northern Division. The bauxite mine, said to be Fiji's first, was opened by Prime Minister Commodore Voreqe Bainimarama at Nawailevu in Bua yesterday and is poised to rake in further investments into the country. Australian Bauxite Limited chief executive Ian Levy said the Nawailevu bauxite mine was only a demonstration of Fiji's potential in the supply of this resource. "The investment is a lot more than $35 million if the Chinese company makes this first mine successful," Mr Levy told The Fiji Times. "This site is just an experiment, a demonstration and there are about seven more sites identified for bauxite mining from Wainunu through to Labasa," he said. "If all goes well, bauxite mining could last for several...
Bauxite mining starts in Nawailevu, Bua, from today and huge benefits are expected for the people of the Bua province and the country’s economy as a whole. As Prime Minister Commodore Voreqe Bainimarama gets ready to open the Aurum Exploration Mine in Bua, deputy secretary for Lands Pene Baleinabuli said the Chinese company has already paid $1 million to the landowners so far. He said the flow on effects are also huge as many people have set up businesses to benefit from the bauxite mine in Bua. Baleinabuli said the 20 year mining lease also has set conditions on rehabilitation work on the mining site in Nawailevu. The government has high hopes that the mining sector will be boosted with the bauxite mining starting in the Northern Division and copper mining commencing in Namosi sometime...
Leaders of government usually set the tone for the nation, among which integrity is established and respect is maintained, based on the things they say and do. When Prime Minister Hinds on November 3 told this nation at a Buxton political meeting that the government treats bauxite and sugar workers equally, it raises serious questions about his integrity and whether he cares little or nothing about being respected. It also opens speculation whether the high level of dishonesty that flourishes in our society has to do with the fact that these leaders are not publicly fact-checked and held accountable. Buxtonians and the people of this country deserve to be treated with respect by being told the truth. On the matter of industrial relations for bauxite workers and sugar workers, equality in...
INITIAL AGREEMENT FOR THE GRADUAL ACQUISITION OF S&B's GREEK BAUXITE OPERATIONS BY ALUMINIUM S.A. 8 November 2011 - MYTILINEOS Holdings S.A. and S&B Industrial Minerals S.A. ("S&B") announce the initial agreement for the gradual acquisition of S&B's bauxite operations in Greece by MYTILINEOS' fully owned subsidiary ALUMINIUM S.A. The steps foreseen for the implementation of this agreement are as follows: 1. Initially, S&B's bauxite activity will be contributed to Delphi Distomon ("D.D"), a fully-owned subsidiary of ALUMINIUM S.A. 2. In the resulting corporate structure ("New D.D."), ALUMINIUM S.A. will buy part of S&B's share so that its participation in the "New D.D." reaches 51%, leading in parallel to its control of the "New D.D." 3. The remaining 49% share held by S&B in "New D.D."...
Aziana (ASX: AZK), a Madagascar-focused gold and bauxite explorer, has been admitted to the ASX this week following a successful initial public offer of up to 50 million shares at A$0.25 to raise up to $12.5 million. The company will have 93.6 million shares and 46.8 million options on issue when it hits the ASX boards at 1pm (AEDT) tomorrow, Wednesday 9. Aziana has been actively exploring for gold and bauxite in Madagascar since 2006. The company owns 22 gold and bauxite exploration permits covering 950 square kilometres. It is the 99% beneficial owner of the Manantenina Bauxite prospect in southern Madagascar where exploration to date has shown significant potential for a large tonnage, high grade, bauxite/gibbsite development. Prior to its IPO, Aziana has been funded by $14.87 million...
In the first three quarters of this year, the companies run by Russia's Central European Aluminium Company (CEAC), the Bauxite Mines of Niksic and Aluminium Plant Podgorica, pared their losses to EUR8.63 million and EUR22.65 million, respectively, ISI reports. According to a report, published on the website of Montenegro's Securities Commission, the Bauxite Mines' losses were lower by 26.4 percent year on year. The KAP net loss at the end of the nine-month period declined by 42 percent on the year. The operating revenues of the bauxite mines at the end of September were up almost threefold, amounting to EUR2.7 million, whereas the expenses were cut by 18.4 percent to EUR7.8 million. Long-term reserves and liabilities of the mines amount to EUR86.6 million, whereas the short-term...
Fiji’s first bauxite mine is expected to be in operation soon. Mining by Aurum Exploration Fiji Limited will begin next Tuesday at Nawailevu, Bua, soon after the Prime Minister, Commodore Voreqe Bainimarama, commissioned its opening. The Prime Minister’s Office yesterday confirmed Commodore Bainimarama would be at Nawailevu to commission the opening of the mine. Speaking from Nawailevu yesterday, Permanent Secretary for Lands and Mineral Resources, Filimoni Kau said an eight member delegation from the company's parent body from China would attend the opening. “This eight-member delegation will be accompanied by Fiji’s Ambassador in China, Commodore Esala Teleni,” Mr Kau said. “The vice-governor of Shandong, Zhou Qi, will also be part of the delegation from China.” The delegation arrives...
