Ghana has stepped up efforts to attract Australian investment into its growing critical minerals sector, pitching the country as a stable and reform-driven destination for mining and value-added mineral development at the 2026 Africa Down Under (ADU) Summit in Perth. The Ghanaian delegation was led...
Ashapura Minechem is preparing for its next phase of growth by expanding its Guinea bauxite operations while shifting its Indian business towards higher-value mineral products. The company is targeting 15 million tonnes of annual bauxite volumes by FY28, a level management believes could generate...
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In what could be seen as a fresh attempt to push through the bauxite mining project in Vizag Agency despite strong opposition from local tribals, rights groups and Maoists, the government is planning to conduct a public hearing by December this year. Sources said the government is firm on mining...
Henan Zhengzhou is a city with the richest natural resources in China. Currently, there are proven reserves of 36 minerals including coal, bauxite, refractory clay etc. Proven reserve of coal is 7.208billion tons while refractory clay is 0.1billion tons. Bauxite reserve is 0.26billion tons which...
The new Guinean government is set to transform the country's investment climate as it shakes up the civil service and the military, and brings in international advisors to develop radical new development plans. In the immediate future, Guinea's return to growth and export income will be driven by...
Alcoa Inc. and the Saudi Arabian mining company Ma'aden said Sunday that their $10.8 billion aluminum joint venture signed financing agreements worth nearly a billion dollars. Ma'aden Bauxite and Alumina Co.'s agreements with 13 local and international banks include a combination of conventional...
Exploration Orbite VSPA Inc.is pleased to announce that effective at the open of markets on October 17, 2011, the Company will be re-named "Orbite Aluminae Inc.". The name change will not impact the Company's organizational structure or day-to-day operations. "The new name Orbite Aluminae reflects...
Rio Tinto (RIO: News ,RIO.L: News ) reported third quarter global iron ore production of 64 million tonnes, or 50 million tonnes attributable, up five percent on the third quarter of 2010. Bauxite production was up seven percent and Aluminium was two percent higher whilst alumina was five percent...
Monax Mining has commenced the maiden drilling program at its Pretender Creek Bauxite project in Northern Queensland to test surface bauxite. Monax has an exploration portfolio of three tenements covering 1,198 square kilometres within the Cape York Peninsula. The 180 hole program will test three...
Australian Bauxite (ASX: ABZ) has established an initial 16.8 million tonnes JORC Resource at its Binjour project in central Queensland, growing the company resources to 84 million tonnes. The gibbsite-rich resource is based on 88 infill exploration holes that intersected a thick bauxite layer that...
Chinese companies are to continue seeking bauxite projects among others overseas as the country has a significant supply deficit in these metals. Regarding iron ore, China accounts for 14.9% of global production but consumes over 40% of the world’s steel output. This differential is replicated in...
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...
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....
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....
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...
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,&...
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...
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...
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,...
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...
