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 owners of barges at Goa's Mormugao Port call on the authorities to reopen the port and resume handling the bauxite cargo. Mormugao Port Authority (MPA) is a venerable port nestled along the western shores of India within the picturesque state of Goa. Established in 1885, it occupies the...
Southeastern European nation Montenegro's energy ministry said it had opened a tender to award a concession for the exploration and exploitation of red bauxite in the western municipality of Niksic. The ministry said in a tender invitation on April 22 that the concession area covers some 6.443...
The Jamaica Bauxite Institute (JBI) has affirmed its commitment to ongoing collaboration with stakeholders to enhance the efficiency of the bauxite industry. According to a statement released on April 22, 2024, the JBI intends to achieve its objectives by furnishing research-based guidance to...
Tianshan Aluminium's 2023 annual report highlights substantial advancements in its bauxite projects, particularly in Indonesia and Guinea. The report outlines that the Indonesian bauxite project, which the company has invested in and acquired, is engaged in a detailed exploration of resource...
China customs data showed that the country's bauxite imports from January to February 2024 totalled 24.4794 million tonnes, reflecting an annual increase of 4 per cent. In individual months, China imported 13.2019 million tonnes and11.2775 million tonnes of bauxite. The import in January was 11.24...
The joint venture company Khanij Bidesh India Limited (KABIL), comprising National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration and Consultancy Limited (MECL), has partnered with the Council of Scientific and Industrial Research-Institute of Minerals...
Rio Tinto, a leading global mining group, is reportedly collaborating with a world-famous venture studio and startup investor Founders Factory to support the advancement and commercialisation of breakthrough technologies that will lead mining companies, including bauxite miners, to automation,...
In 2023, the global bauxite industry experienced substantial changes, marked by shifts in production, trade dynamics, and pricing patterns. Australia, Guinea, and China emerged as key players shaping the worldwide bauxite market landscape. In 2023, global bauxite production was estimated to show a...
Guinea is steadily increasing its bauxite shipments, and there are indications of further volume increases. Despite upheavals from the accident in December and the occasional public unrest, volumes of bauxite exports have grown so far this year and look set to continue growing. Simply put, the...
The British-Australian multinational company Rio Tinto, the world's second-largest metals and mining corporation, has released its 2023 Taxes and Royalties Paid Report, outlining the $8.5 billion paid in taxes and royalties worldwide for the year. In 2022, the company paid $10.8 billion,...
Mark your calendar for the 12 th International Bauxite, Alumina and Aluminium Conference & Exhibition (IBAAS-IIM 2024). Scheduled to take place in BITS Pilani K K Birla Goa Campus from September 25 to 27, 2024, this event stands as a beacon for industry professionals, experts, and aficionados...
Aluminium Corporation of China (Chalco) expressed concerns about the "relatively high" risks associated with bauxite supplies from Guinea, highlighting the nation's increasing reliance on a single source for this crucial raw material. Last year, Guinea accounted for 70 per cent of China's bauxite...
On the afternoon of March 15th, 2024, the inaugural meeting for the Qingzhen City Bauxite Recycling Project (Phase I: 500,000 tonnes Desulfurisation) of Guiyang Industrial and Commercial Assets Management Co., Ltd. took place successfully in the conference room of the project department situated at...
The Chiefs and residents of Nyinahin-Mpasaaso recently convened for a vibrant durbar, extending a warm welcome to the Ghana Integrated Aluminium Development Corporation (GIADEC) and Mytilineos S.A. into their community. This gathering marked the official announcement of Mytilineos as the strategic...
Hydro Paragominas, a mining enterprise centred on bauxite extraction in Paragominas (PA), marks its 17th anniversary this March with a strong emphasis on innovation and sustainability. Spearheaded by Industrial Director Anderson Martins, the company is renowned for its continual pursuit of...
According to US Geological Survey data, the United States crude and dried bauxite imports during the fourth quarter of 2023 amounted to 380,000 tonnes, reflecting a decline of 41.36 per cent over the quarter. The downtrend in quarterly imports continued from the third quarter, showcasing a drop of...
In a groundbreaking development poised to transform the mining and shipping sectors in West Africa, Cosco Shipping Bulk Co., Ltd, CTC Mining (SL) Ltd, and Baometal Minerals International Trade Ltd have unveiled their collaboration on the ambitious CTC Port Loko Port Project. This trilateral pact...
The nationwide strike in the bauxite kingdom Guinea , which had brought the nation and its mining sector to a standstill since February 26, 2024, has been suspended by the country's trade unions, according to a statement released on February 28. The Guinean Trade Union Movement, representing...
