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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The Australian bauxite miner Metro Mining achieved a new shipping milestone in August 2024, as expansion activities at its Bauxite Hills Mine in Queensland significantly boosted production. The company recorded a 13 per cent increase in shipments compared to July, with 720,000 wet metric tonnes...
Brazilian mining company Mineração Rio do Norte (MRN), a joint venture between Glencore, Rio Tinto, and South32, announced on September 3, 2024, that it has received an initial license from the Brazilian environmental agency, Ibama. This approval marks a significant step towards extending the...
The residents of Nyinahin in the Atwima Mponua district of the Ashanti Region have made an urgent appeal to Parliament to ratify the Ashanti Bauxite Limited (ABL) Mining Lease as lawmakers assemble for an emergency session on September 3, 2024. During a protest march in Nyinahin, residents voiced...
The fourth largest railway network operator, Indian Railways' East Central Railway (ECR), reported a notable increase in income from all sources, including freight, during the first five months of the current financial year 2024-25. The railway zone's initial revenue reached INR 13,469 crore,...
The National Aluminium Company Limited’s subsidiary KABIL has reportedly signed a memorandum of understanding with Oil India Limited to explore and develop critical mineral projects jointly. Signed at NALCO’s headquarters in Bhubaneswar, the MoU aims to build a strong collaboration between KABIL...
The Australian mining and exploration company based in Brisbane, Queensland, Metro Mining, is poised for significant growth as it moves towards increased production from Q4 2024. It has ambitious plans to expand its capacity to over 7 million tonnes per annum by 2025 and beyond. CEO Simon Wensley...
Guinea's bauxite exports have shown remarkable growth, marking a significant achievement in the global market. However, the country's bauxite exports are growing rapidly and being transported by Capesize bulkers. In 2023, Guinea exported a record 127 million tonnes of bauxite, an impressive...
The upstream sector of the global aluminium industry witnessed some important events this week. To begin with, LME aluminium price hit a 5-week high fuelled by the alumina shortage in China coupled with the weakening dollar that spurred fund buying. The price closed at US$2,435 per tonne after...
According to Minister of Natural Resources Vickram Bharrat, the future of large-scale mining in Guyana appears increasingly promising. On August 21, 2024, Minister Bharrat highlighted the resurgence of the mining sector, particularly in Region 10, where bauxite mining is experiencing a significant...
The eastern Indian state of Jharkhand has taken a significant step toward imposing new taxes on mineral production, a move poised to increase the prices of key resources such as coal to bauxite. According to sources familiar with the matter, the state assembly has passed the Jharkhand Mineral...
The National Green Tribunal (NGT) 's decisive action against Mumbai-based Ashapura Meinchem Limited for environmental violations is a major development in India's mining sector. The tribunal's scrutiny comes in response to severe accusations of non-compliance with specific conditions outlined in...
Komatsu has delivered its 300 th autonomous haulage system (AHS) truck to the global mining giant, Rio Tinto's Pilbara operations in Western Australia, marking an important milestone for mining automation. This achievement marks the continuation of a long-standing partnership between the two...
As Indonesian President Joko Widodo prepares to step down this October after a decade in power, his final State of the Nation address on August 16, 2024, underscored a key element of his economic policy: resource nationalism. Throughout his tenure, Jokowi has sought to harness Indonesia's vast...
The "Green Technology and Engineering Demonstration of Efficient Production of New Powder Materials by Bayer Process Red Mud" project by Chinalco Shandong Co., Ltd. has achieved a significant milestone. The project bagged the first prize of the Science and Technology Progress Award from the China...
As a testament to its exemplary mining practices, Baphlimali Bauxite Mine of Utkal Alumina, a subsidiary of Hindalco Industries Limited, has been awarded the 5-Star Rating Award. This award, bestowed by the Ministry of Mines, Government of India, highlights the mine's outstanding performance in...
For years, the residents of Nanar in Maharashtra's Ratnagiri district in India have stood united against the environmental threat posed by a proposed oil refinery project. Now, they are gearing up for another significant fight against bauxite mining. The Maharashtra Pollution Control Board (MPCB)...
Admir Šahmanović, the Minister of Mining, Oil and Gas, Montenegro, met with former workers of the bauxite mine on the Seoca plateau, who have been waiting for ten years to pay claims from the bankruptcy estate. In a statement from the Ministry, Šahmanović assured the workers that he would strive to...
Arrow Minerals Limited is pleased to announce a significant step forward in its expansion strategy with the entry into a Share Purchase Option Agreement (the Agreement) to acquire the Niagara Bauxite Project situated in Guinea. Guinea is currently the world's largest exporter of high-grade,...
