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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Aluminum Corp. of China, the nation’s biggest producer, said it will “strictly” control project investments and be “prudent” on acquisitions amid a slump in metal prices. The company, known as Chinalco, should “get well prepared to counter tough challenges” and ensure its financial safety amid market volatilities, General Manager Xiong Weiping said in a statement. Xiong in March boosted the company’s annual spending 54 percent to 22.5 billion yuan ($3.5 billion) to diversify into coal and bauxite from “low-margin” aluminum production.
BNamericas reported that the new mining office within São Paulo state's energy department will help the state negotiate a larger share in mining royalties. Mr Joao Caramez state deputy said that under current law, municipalities receive 65% of total royalty payments known locally as the CFEM tax. The federal government receives 12% of mining royalties while 23% goes to states. Mr Caramez who is also head of the state parliamentary front to support mining said that "With the new agency, São Paulo state will be far more represented in the discussions that are being carried out on a national level regarding the regulatory mining framework which includes the royalties issue and claims for a larger share in their repartition." The federal government is currently drawing up the final text of...
In an interview to CNBC-TV18, BL Bagra, director finance at NALCO says the new Mines and Minerals (Development and Regulation) MMRD Act is unlikely to hurt much, since the business environment it is likely to create, he says in due course of time will make the company’s business proposition better. Talking about the payment for the Indonesian expansion, Bagra says, “The point of spending the money will arise only sometime in the second half of 2012. We will be raising debt,but the whole Indonesia project will be implemented through an SPV to be registered within Indonesia and that SPV will raise the debt from the international market.”
The Ghana Bauxite Company Limited has incurred the wrath of the Environmental Protection Agency (EPA) for refusing to submit its monthly environmental monitoring data for processing in the 2010 Public Disclosure for Environmental Performance Rating Programme. Ghana Bauxite, the only company in the entire Akoben Programme to have declined the submission of its environmental reports, therefore, faces regulatory actions, including legal proceedings and financial penalties which are not specified by the EPA.
In order to improve the development of minerals and make it high-end and high-quality oriented,Luxi county are to focus on introducing stainless stell enterprises which specializes in aluminum powder and pigment development. Luxi county do not possess prominent location and resources advantages,& so they pay more attention on importing resources to endeavor to explore local resources like bauxite & strive to develop markets and resources. At present, capacity of aluminum powder has reached 30 thousand tons.
Mr.Bagra,Nalco CMD says in an interview that as far as NALCO is concerned,their annual payment of royalty on the bauxite, which they are mining presently is in the range of Rs 60 crores. However, that was based on the pre-expanded capacity. Now that their second phase of expansion of alumina refinery has just been commissioned, from October onwards their bauxite production will also be higher. For the current fiscal, the additional thing for the year 2011-2012 will be in the range of 75 crores but from the next year on a full year basis. It will be in the range of 85 crores.
MUSCAT Aluminium production in the GCC will soon get a shot in the arm, thanks to the availability of bauxite from Saudi Arabia. At present, GCC producers source the ore from countries such as Australia, a senior official at Sohar Aluminium told Oman Tribune. “The GCC states currently produce 3.5 million tonnes of aluminium annually and it will soon produce an estimated 25 per cent of the world production,” said Hilal Al Hinai General Manager, commercial and corporate affairs, at Sohar Aluminium. “The aluminium project by Ma’aden, a Saudi Arabian mining company, is aimed at exploiting the kingdom’s bauxite resources for domestic and world markets,” Hinai said. Al Hinai was speaking on the sidelines of a press conference announcing the Arab International Aluminium (Arabal) conference to be...
Bottlenecks in the supply of bauxite and alumina will be a key issue for the aluminum industry, and in particular for China, in the coming months, Norsk Hydro chief executive said Wednesday. "Bauxite and alumina will be the first place in the value chain that we'll see bottlenecks going forward, and that will be driven by the desire for imports of bauxite into China," said Sven Richard Brandtzaeg. "The major problem for China, in addition to the fact it needs access to cheap energy, is a lack of raw material supplies like bauxite to cover its needs, so the country is more and more dependent on bauxite imports," he said. "But Indonesia, a key supplier of bauxite, now wants to develop its resources and add value domestically instead of exporting them, so there are signals of limits on the...
China uses clumsy and expensive methods to extract the raw material for aluminum in underground mines, Alcoa CEO Klaus Kleinfeld said Wednesday. Yet the Asian nation manages to produce about 40 percent of the world's aluminum and plans to produce more by mining from the surface, a more efficient method. Kleinfeld, a regular visitor to China, said it also consumes about 40 percent of the world's aluminum. Kleinfeld said China's method of extracting bauxite, aluminum's raw material, is through underground mining, which is an unsustainable method. China's new five-year plan includes mining bauxite from the surface, then reclaiming the land, which is a more efficient and sustainable method, he said.
FIRST BAUXITE CORPORATION is pleased to announce the completion of the update on its Bonasika Bauxite Project Feasibility Study and to report significantly improved results by the inclusion of the Bonasika 6 and 7 deposits in the economic analysis. The Company has been working for the past year on optimizing and updating the Bonasika Feasibility Study announced last year, to mine refractory grade bauxite and produce 100,000 tonnes per year of bauxite sinter from its 100% owned Bonasika Project in Guyana, South America. The recently completed Bankable Feasibility Study Update ("BFSU") was prepared by Met-Chem Canada Inc. ("Met-Chem") under the supervision of G Mining Services ("GMining"), both of Montreal, Canada who were supported by a group of independent consultants with specialist...
A CHINESE company operating a bauxite mine in Vanua Levu is in the process of setting up another mine there. The bauxite mine in operation at Bua now will be officially opened on November 8. But the company is already in the process of setting up another bauxite mine in the same area. The mine is expected to create employment for hundreds of people from the Bua and surrounding areas. Permanent secretary for Lands and Mineral Resources Filimone Kau told The Fiji Times the ministry had high hopes for the mining sector. "We are targeting that we will, as a mining sector, increase our input into the Gross Domestic Product of the country," he said.
Australian Bauxite Limited and Marubeni Corporation have concluded a MoU to jointly conduct a pre feasibility study in relation to the Goulburn and Taralga bauxite project located in New South Wales of Australia. A 25 million tonne bauxite resource has been declared at Taralga and Marubeni will contribute 35% toward the pre feasibility funding estimated to be USD 1.5 million. ABx will conduct the pre feasibility study with participation by Marubeni, which will investigate the market for bauxite and other credits produced from the Goulburn and Taralga bauxite project. At the completion of the pre feasibility study Marubeni can elect to acquire a 35% joint venture interest in the Goulburn and Taralga bauxite project and to contribute 35% of the bankable feasibility and development costs....
Bauxite and coal among other minerals are likely to become more expensive once the new Mines Bill, approved by the Cabinet on Friday, comes into effect. "Prices of all the minerals will go up due to this (the new Mines Bill), once enacted," the Federation of Indian Mineral Industries' Secretary General R K Sharma said. The Mines and Mineral Development and Regulation (MMDR) Bill, 2011, which seeks to share 26 per cent of profits by coal miners with project-affected people, was on Friday approved by the Cabinet. It will be tabled in Parliament's Winter Session.
Aluminium production in the GCC will soon get a shot in the arm, thanks to the availability of bauxite from Saudi Arabia. At present, GCC producers source the ore from countries such as Australia, a senior official at Sohar Aluminium told Oman Tribune. “The GCC states currently produce 3.5 million tonnes of aluminium annually and it will soon produce an estimated 25 per cent of the world production,” said Hilal Al Hinai General Manager, commercial and corporate affairs, at Sohar Aluminium. “The aluminium project by Ma’aden, a Saudi Arabian mining company, is aimed at exploiting the kingdom’s bauxite resources for domestic and world markets,” Hinai said. Saudi Arabia’s aluminium project involves the development, design, construction and operation of two integrated sites Al Ba’itha in North...
Chief Minister Raman Singh will embark on a week-long trip to US from October 10. He will have discussions with business groups in the US and invite them to invest in Chhattisgarh. The CM believes that Chhattisgarh is set to witness revolutionary changes in the energy sector and soon the state will become a power hub. An MoU has already been signed to set up a 55000 MW capacity power plant. The state is rich in minerals like coal and bauxite,providing ample opportunity to industrialists to invest.
In China,mines will be required to boost production efficiency,as per information received. China is stepping up efforts to conserve natural resources including bauxite by clamping down on illegal mining and curbing exports of the commodities.
The Indian Union Cabinet is set to approve a new law that will provide more rights to tribals in commencement and end of mining activity besides providing Rs 10,000 crore annually to 60 tribal-dominated districts. The bill for the new mining law and the repeal of the Mines and Minerals (Development and Regulation) Act, 1957 is on the agenda for the Cabinet meeting scheduled for Friday. The bill, expected to be introduced in the next session of Parliament, proposes that coal companies set aside 25% of their post-tax profits into a fund. In addition, an amount equal to the royalty for iron ore, bauxite and limestone will also flow into the fund.
Australia-listed Atlantic Limited said Thursday it has signed an agreement with Vietnam targeting an integrated bauxite "mine-rail-port" supply chain project in the country's Central Highlands. Under the agreement, signed with the Institute of Mining Science & Metallurgy under the Vietnamese Ministry of Industry and Trade, or MoIT, a development study would be carried out to "assess the mine-rail-port proposal submitted by Atlantic to local and national authorities, and which formed the basis of Atlantic's submission to the MoIT for consideration in the rewrite of the national master-plan for the industry," Atlantic said in a statement. The study would be a precursor to a full feasibility study and the forming of a joint venture to develop and obtain the necessary approvals for the...
