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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This week has been highly eventful for the upstream aluminium industry, especially the bauxite sector, which has dominated the headlines. Key highlights include Metro Mining's record-breaking bauxite production, Ukraine's seizure of $50 million worth of raw materials from Russian tycoon Oleg...
Canyon Resources Limited, an Australia-based bauxite resource development and exploration company, has reportedly completed Reverse Circulation (RC) drilling and Diamond drilling programme at its Minim Martap Bauxite Project in Cameroon. The RC and Diamond drilling program involves conducting...
Ukraine has confiscated raw material worth 2.11 billion hryvnias (US$50.3 million) from Russian aluminium magnate Oleg Deripaska, reports Moscow Times. On Wednesday, January 29, 2025, the Sluzhba Bezpeky Ukrayiny (SBU) or the Security Service of Ukraine said that the incident ensued after two years...
Arrow Minerals Limited, an Australian Securities Exchange-listed company, has announced that it has secured firm commitments from institutional and sophisticated investors for a capital raise of approximately $7 million through a Placement. Arrow Minerals Limited is a dynamic exploration and...
Technical advancement in any industrial sector is the secret agent steering the business forward. From implementing artificial technology to indulging in advanced machinery, the aluminium industry has similarly progressed through the path of time, overcoming numerous snags along the route. Here, we...
The Australian mining and exploration company Metro Mining Limited has published its Q4 2024 operational update. As announced on January 6, 2025, the Bauxite Hills Mine has successfully demonstrated its capability to consistently operate at the expanded target rate of 7 million wet metric tonnes...
According to SMM estimates, China's bauxite production in January 2025 (31 days) decreased slightly by 1.4 per cent MoM but was up 12.2 per cent Y-o-Y, mainly because the production halt scale in Shanxi and Henan regions in January 2024 was larger than that in January this year. Overall, domestic...
According to shipbroker Arrow, the surge in bauxite demand in China has resulted in capesize fleet carrying more bauxite than coal for the first time. The capesize vessels are traditionally used for coal shipments, but now, due to increased demand for the ore in the Chinese market, they are being...
Indigenous company Indigital and Rio Tinto have partnered on an initiative that combines traditional knowledge with digital innovation to protect and restore Country and strengthen culture, while advancing sustainable mining practices for the energy transition. Image Source: Rio Tinto Initially...
Recently, no new transaction prices have been observed for imported bauxite from Guinea, as buyers and sellers remain in a standoff. However, both supplier quotations and the intended prices from bauxite buyers have shown a decline, suggesting that the price of imported bauxite from Guinea may...
The conversation around bauxite mining in Western Australia (WA) is heating up, with politicians and stakeholders engaging in a spirited debate over its future. The Greens have proposed a bold plan to phase out bauxite mining in WA’s native forests, aiming to preserve the region's rich biodiversity...
The share value of a leading mining company, based in India, specialising in the extraction, manufacturing, and trading of minerals and their derivative products, surged by 10 per cent following the signing of a long-term Memorandum of Understanding (MoU) with China Railway. Price hike stance With...
According to the General Administration of Customs of China, China imported 14.976 million mt of bauxite in December 2024, up 21.9 per cent M-o-M and up 26.2 per cent Y-o-Y. From January to December 2024, China’s cumulative bauxite imports reached 158.767 million mt, up 12.3 per cent Y-o-Y. AI...
Bauxite mining rights across two blocks in Kasaragod are set to be auctioned soon. The State government is finalising the auction process for bauxite deposits in the Narala block, covering an area of 1.5 square kilometres in Mulleria and a 2.8 square kilometres area in the Ukkinadka block located...
Metlen Energy & Metals, an Athens-listed group, has asserted a substantial investment of 295.5 million euros aimed at the development of an incorporated bauxite, alumina and gallium production line. Image Source: https://www.metlengroup.com/ The investment was approved on January 16, 2025, during...
On January 17, 2025, the India-headquartered Ashapura Minechem Ltd, a leading bauxite exporter, announced that its overseas subsidiary had signed a long-term memorandum of understanding (MoU) with China Railway. The agreement establishes a strategic partnership to collaboratively develop the...
Rio Tinto, a leading global mining group focused on finding, mining and processing the Earth's mineral resources, has wrapped up another year with impressive operation growth, as highlighted by its CY2024 results. From production volume to energy efficiency or safety measures, the company has...
The Guyana Government has revealed that the bauxite mining business is back with a bang as 2024 witnessed a new high of production inflation amounting to 225 per cent as compared to 2023, with 1.7 million tonnes produced from the two overseas companies that mine in the nation. “Bauxite has been a...
