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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Recent events have occurred at the Conakry Kalum oil depot in Guinea, affecting the largest oil storage facility in the country. The government of Guinea has reported that 13 out of 18 warehouses in the oil storage area were destroyed, leading to potential fuel shortages in the future. It is...
As per the reports, the Western Australian government has agreed to allow Alcoa World Alumina and Chemicals (AWAC) to continue bauxite mining and downstream alumina refining in the state. The Western Australian government has declared that it would accept the newest five-year mining plan (also...
Guinea Alumina Corporation (GAC), a subsidiary of Emirates Global Aluminium, has offered the Guinea government the use of GAC's petroleum port and bulk storage facilities to assist in dealing with the aftermath of an oil terminal explosion. After the December 18 explosion destroyed gasoline tanks...
The recent fuel depot explosion in Guinea has raised fears of a bauxite shortage, which may affect alumina production in China. China secures the lion's share of bauxite from Guinea, which they refine into alumina and used for aluminium smelting. The fear of bauxite shortage and alumina production...
Hydro Paragominas in Para, a bauxite mining company, has reportedly partnered with Irmen Máquinas to acquire two 100 per cent electric SANY SKT90E trucks, each with a bauxite loading capacity of 60 tonnes. Hydro is increasing its electric transport fleet as part of the 2030 decarbonisation...
The global mining group Rio Tinto has named Martina Merz and Sharon Thorne non-executive directors. Martina Merz is set to become a Board member on February 1, 2024, and will subsequently be a candidate for election at the company's annual general meetings in 2024. Similarly, Sharon Thorne is...
In a groundbreaking move, Mytilineos SA has secured its position as the largest bauxite producer in the European Union with the approval of the acquisition of Imerys Bauxites by the Hellenic Competition Commission. This strategic development marks a significant milestone in the metallurgy sector as...
Yemi Osinbajo, the former Vice President of Nigeria, the largest economy in Africa with a GDP of $477.38 billion, contends that by prioritising renewable energy resources, both Nigeria and the broader African continent could potentially slash energy expenses by 30 per cent and significantly...
As per the USGS statistics, the First Half of 2023 marked a total import value of 1.195 million tonnes of crude and dried bauxite to the USA, which dropped by 13.4 per cent or 185,000 tonnes from 1.38 million tonnes estimated in the First Half of 2022. On the other hand, the export of crude and...
In a recent announcement, Metro Mining Limited, a key player in the bauxite industry, proudly disclosed a noteworthy achievement in its operations despite facing a temporary setback due to Tropical Cyclone Jasper. As of December 13, 2023, the company has successfully produced and shipped 4.51...
The Western Australian Government has recently granted a conditional exemption to Alcoa, a major player in the mining and alumina refining industry, under section 6 of the Environmental Protection Act 1986. The exemption aims to safeguard local jobs and maintain compliance with environmental...
According to China customs data, China’s bauxite imports in October 2023 stood at 11.1273 million tonnes, reflecting a month-on-month increase of 11 per cent and a year-on-year hike of 23.97 per cent. Guinea was the highest exporter of bauxite to China in the said month, supplying 7.084 million...
TraxIQ, a groundbreaking initiative by Anglo American Plc, a British multinational mining company with headquarters in London, has recently been introduced, aiming to revolutionise conventional quarrying and mining haulage practices. The project is spearheaded by Luke Smith, who serves as the...
On December 7, 2023, BHP, one of the world's largest diversified mining companies, announced a significant reorganisation of its top leadership, forming a team equipped with the "optimal blend of skills and expertise" to execute its strategy and advance its growth initiatives. The new Chief...
As part of the long-term global decarbonisation strategy, Rio Tinto has approved the construction of a new 12.4 MW solar farm and 8.8MVa/2.1MWh of battery storage for renewable energy supply to Amrun bauxite mine near Weipa in Queensland. This initiative also represents Rio Tinto's ongoing efforts...
National Trust (NT), the largest supplier and importer of raw and value-added minerals in the United Arab Emirates, has signed a memorandum of understanding (MoU) with a Pakistani firm to establish a strategic partnership. The partnership aims to invest 30 million UAE Dirhams in the mining,...
On Thursday, November 23, Metro Mining Limited reported that its record production at Bauxite Hills mine made the sales target easily achievable. CEO and MD Simon Wensley said that the phased expansion to 5 million wet metric tonnes in August and September 2023 helped Bauxite Hills mine meet the...
As the backbone of industries worldwide, aluminium is pivotal in modern technology, from laptops to spaceships. However, the key ingredient, bauxite, necessitates sustainable mining practices to mitigate adverse environmental and social impacts. Let's delve into the intricate world of bauxite...
