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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In a collective decision, the Parliament of Ghana has approved a mining lease for the Ghana Bauxite Company, granting it the rights to mine bauxite in Awaso, located within the Bibiani Anhwiaso Bekwai Municipality of the Western North Region. This decision came after a comprehensive report was...
Italian authorities are planning to implement a comprehensive package of measures to enhance procurement and reprocessing of critical raw materials, according to a draft decree reviewed by Reuters and reported by Mining.com. This initiative, championed by Prime Minister Giorgia Meloni's...
The Deputy Premier of the Malaysian state of Sarawak, Datuk Amar Awang Tengah Ali Hasan, recently revealed that Sarawak has various valuable minerals estimated to be worth RM1.25 trillion. This discovery highlighted the state's potential to invest substantially in the mining industry and generate...
National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, has reportedly signed a mining lease deed with the State Government of Odisha. The mines are located in Pottangi Tehsil, Koraput District, and cover an area of 697.979 hectares. The bauxite mines , with their...
Ghana is a significant contender in the global bauxite production arena, boasting an impressive reserve estimated at 900 million tonnes. Yet, this wealth of natural resources still needs to be tapped mainly, missing out on significant economic opportunities. With strategic planning and investment,...
Ghana plans to implement a new legislative framework to restrict the large-scale export of raw bauxite. Samuel Abu Jinapor, the Minister of Lands and Natural Resources, made this announcement during the opening ceremony of the 2024 West African Mining and Power Conference and Exhibition...
Critical minerals, essential for both economic development and national security, are increasingly at the forefront of policy discussions. These vital resources, whose availability is often concentrated in a few geographical regions, pose significant supply chain risks. The disruption of supplies...
In a significant development for the global mining industry, Rusal is currently negotiating with the government of Sierra Leone over a potential bauxite mining concession. The discussions, as reported by the RIA state news agency on June 5, 2024, were confirmed by Sierra Leone's mining minister....
Ghana, with its vast bauxite reserves, is on the brink of a transformative journey. The Ghana Integrated Aluminium Development Corporation (GIADEC) has been established to create an Integrated Aluminium Industry (IAI), ready to harness the anticipated growth in the global aluminium sector. GIADEC,...
In a startling revelation, Mighty Earth's latest report, "The Impact of the Bauxite Boom on People and the Planet," uncovers the profound environmental and social ramifications of bauxite mining, a critical component in producing aluminium for electric vehicles (EVs). The comprehensive study...
The Visakhapatnam Port Authority (VPA) has proudly announced a record-breaking performance in May 2024, marking a historic achievement in its 90-year history. This remarkable feat is a testament to the collaborative efforts of VPA and its trading partners. Visakhapatnam Port is one of twelve major...
In a landmark advancement to secure vital resources and promote sustainable development, the European Commission announced its 13th trade partnership with Australia. This agreement, signed on May 28, aims to bolster the EU’s access to critical raw materials while fostering growth in Australia’s...
According to the latest data revealed by the US Geological Survey, the United States crude and dried bauxite imports in the first quarter of 2024 demonstrated a sequential decline, marking the third consecutive quarter of downfall since the third quarter of 2023. However, on an annual basis, the...
According to China customs data, the country’s bauxite imports in April 2024 reached a record monthly high of 14.2376 million tonnes, up by 20.02 per cent M-o-M and 18.84 per cent Y-o-Y. In March 2024, China’s bauxite import volume amounted to 11.8628 million tonnes, reflecting an increase of 5.19...
Alcoa, a Pittsburgh-based industrial corporation and the global industry leader in bauxite, alumina , and aluminium products, celebrates 59 years of aluminium excellence in Brazil. Alcoa marked 59 years of operation in Brazil on May 14, commemorating the occasion with investments in cutting-edge...
On April 30, 2024, Australia's leading bauxite miner, Metro Mining initiated a trading halt in anticipation of an imminent announcement regarding capital raising. With a market capitalisation of $222.73 million, the company has stated that the halt will persist until May 2, 2024, or until the...
According to Reuters report, Guinea's bauxite production and exports increased for the third consecutive year in 2023. The West African nation is one of the world's biggest producers of bauxite, having 40 billion tonnes of mining capacity in Boké, Fria, Gaoual, Télimélé, Pita-Labé, Mali, Kindia,...
The Australian mining and exploration company Metro Mining Limited has announced that its Offshore Floating Terminal (OFT), Ikamba, smoothly departed from Weipa on April 25 th and successfully completed its mobilisation to Skardon River. On April 28 th , Ikamba commenced cargo operations, loading...
