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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China, the world's largest aluminium producer, has achieved a groundbreaking milestone in the mining industry by successfully implementing longwall shearers in bauxite mines, marking the world's inaugural application of this comprehensive mechanized mining technology underground. Spearheading this...
On July 10, according to a report submitted to the Bucharest Stock Exchange, Alum Tulcea's shareholders approved the sale of Global Aluminium Ltd BVI, the subsidiary through which the company held ownership of the bauxite mines in Sierra Leone. However, Alum Tulcea is 99.4% owned by Romanian...
On July 3, 2023, China announced its intention to implement export restrictions starting from August 1 on specific gallium and germanium products. These metals are commonly utilized in computer chips and various other goods, and the aim behind these measures is to safeguard national security...
Pankaj Oswal, an Indian business magnate, and his wife, Radhika, have recently acquired one of the most expensive homes in the world, Villa Vari, named after their daughters Vasundhra and Ridi. Oswal Group's leader, the bauxite mining and petrochemicals conglomerate, has spent almost $200 million...
PT Cita Mineral Investindo Tbk (CITA), one of the largest Bauxite Mining Groups in Indonesia and a producer of Smelter Grade Alumina (SGA) in Indonesia, managed to record positive performance in 2022 by recording a net profit of IDR 744.82 billion, an upswing of 31 per cent y-o-y. On June 28, 2023,...
At its Juruti bauxite mine in Pará state, the Brazilian unit of US-headquartered multinational aluminium company Alcoa is quickening the switch to clean energy. The US aluminium giant hopes to begin a project to switch from fossil fuel-fired generating to grid-connected power supply shortly. The...
Indonesian President Joko Widodo has stated that the government is prepared to respond should any countries seek legal action against the ban on bauxite exports implemented earlier this month. Joko Widodo announced on December 20, 2022, that the nation would ban bauxite exports , the primary ore...
Chinese cape specialist Winning International Group, headquartered in Singapore, has secured a third ship deal in 2023. The Winning International Group is a multifaceted conglomerate with operations in mining development, ship management, shipping operations, maritime transhipment, and railway...
The United States imports of crude and dried bauxite dropped drastically during the first quarter of 2023 both on a quarterly and annual basis, found the US Geological Survey. As per the data, the US imported 462,000 tonnes of bauxite in Q1 2023 ended March 31, which reflected a 38.97 per cent...
Guinea is indeed one of the world's largest producers and exporters of bauxite, which is the primary source of aluminium. Historically, Indonesia was a significant bauxite supplier, but it implemented an export ban on unprocessed bauxite to encourage the development of its domestic aluminium...
In the dynamic global landscape of mineral resources, bauxite production is a pivotal contributor to numerous industries. With its remarkable versatility and application in manufacturing, bauxite continues to fuel economic growth and development worldwide. As we delve into mineral production, let...
Bauxite miners have once more pleaded with the Indonesian government to rethink the policy since domestic facilities are insufficient to process their output. However, this is to be noted that Indonesia is scheduled to restrict unprocessed bauxite exports in the next few days. Indonesia, the...
The Queensland Resources Council (QRC) has backed the opposition's proposal to add alumina, bauxite, aluminium, nickel, copper, zinc, potash, and phosphate to the list of critical minerals and welcomed the upcoming publication of the Australian Government's revised Critical Minerals Strategy....
Aluminium Bahrain B.S.C. (Alba)’s Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa, said they would like to strengthen relationships with key aluminium producers in the Arab World at a meeting with the Egyptian Minister of Public Enterprises Sector, His Excellency Dr...
The International Monetary Fund (IMF) has raised concern about the Chinese government potentially gaining access to Ghana's mineral, majorly bauxite and electricity revenues, citing Ghana's failure to meet loan terms. The IMF is a 190-member country organisation that promotes global monetary...
The Australian-listed company with world-class bauxite and rare earth assets, Lindian Resources, has signed a supply agreement with a new cash-rich partner. The company has announced a new six-year arrangement with freight shipping firm C&D Logistics to provide 23 million wet metric tonnes of...
Ghana's President, Nana Addo Dankwa Akufo-Addo, has established the Ghana Integrated Aluminium Development Corporation (GIADEC) will add value to the country's raw bauxite resources. Ghana's overdependence on exporting raw products has prevented the country from benefiting optimally from its...
Alcoa Corporation, the world's eighth largest aluminium producer, has appointed seasoned resource executive Matt Reed as Vice President Operations – Australia and President Alcoa Australia effective 6 th June 2023. Matt will be based in Perth and will be a key member of Alcoa's worldwide Operations...
