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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Following years of planning and investment, Metalcorp Group S.A., a global service provider for acquiring, producing, mining, and selling metals and minerals, announced the first commercial shipment of 160,000 tonnes of bauxite in Guinea. This was carried out under the chairmanship of Mr Karamoko...
The Chinese aluminium producer Tianshan Aluminium Group, located in Shihezi, a sub-prefecture-level city in Northern Xinjiang, announced its plan to procure three bauxite mines in Indonesia for USD$30.3 million. On February 23, 2023, the Chinese company engaged in comprehensive aluminium production...
In Western Australia, Alcoa will reduce alumina production for two years before the state government permits them to expand bauxite mining at jarrah forests close to Perth's largest drinking water dam. Mike Ferraro, the CEO of Alumina Limited, said, "Once Alcoa could mine the Myara North area, the...
On Tuesday, February 21, Aluminium Stewardship Initiative announced that Mineração Rio do Norte (MRN) has received ASI Chain of Custody (CoC) Standard V1 (2017) Certification for the planning, mining, transport, processing, and river transportation of bauxite, as well as power generation, at the...
On February 16, 2023, the Prime Minister of Guinea, Dr Bernard Goumou, was precisely in Koumbia to launch a significant bauxite project. On this other trip to the Boké region, Dr Bernard Goumou was accompanied by Moussa Magassouba, the Minister of Mines and Geology. The Prime Minister and mining...
On Wednesday, Vedanta Ltd. announced that it was selected as the preferred bidder for an Odisha bauxite block. Vedanta has been named the preferred bidder for the Sijimali Bauxite Block, located in the Rayagada and Kalahandi districts of Odisha, under the mineral block auction held by the...
On February 9, 2023, the National Employment Fund (NEF) and the Australian mining company Canyon Resources' Cameroonian subsidiary Camalco engaged in developing the project to explore the Minim Martap bauxite deposit in the Adamaoua region, inked a partnership agreement in Yaoundé. André Henry, the...
On Monday, February 6, Bahlil Lahadalia, Indonesia's investment minister, stated that the Indonesian government would continue to prioritise downstreaming the sectors of 21 commodities to draw a total investment of US$545.3 billion by 2040. Bauxite, coal, nickel, tin, copper, steel, gold, silver,...
The Ghana Integrated Aluminium Development Corporation (GIADEC) has been charged by the national director of A Rocha Ghana (ARG), Dr Seth Appiah-Kubi, for damaging a section of the Atewa forest through experimental bauxite mining. According to him, the mining carried out was illegal. This is his...
Terra Goyana Mineradora (TGM), one of Brazil's largest producers of bauxite, has joined Aluminium Stewardship Initiative (ASI) as its new Production and Transformation member. TGM engages in bauxite mining, processing, selling, and mineral research and development. It contributes 5.5 per cent of...
Introduction Guinea, a small West African nation with around 14 million population is endowed with 40 billion tonnes of low silica-medium alumina metallurgical grade bauxite resources. Most of the deposits are located within 100 to 150 km of coastline and well-developed river ports. At present...
The Naibulu Mine in Dreketi, Fiji, owned by Xinfa Aurum Exploration, is yet to resume exporting bauxite because of its low-grade issues. Filimoni Vosarogo, Fiji's Minister of Lands and Mineral Resources, said, "The Company is looking for ways to improve quality to resume exports." However, it has...
The American aluminium major Alcoa has cancelled its plan to stretch bauxite mining in Australia's Northern Jarrah Forest to export unprocessed ore. Consequently, it will conserve its output for its three West Australian alumina refineries. Alcoa's mines in Western Australia produce approximately...
The Jamaican Supreme Court has prohibited Noranda Jamaica Bauxite Partners and New Day Aluminum (Jamaica) Limited from mining bauxite in St Ann's Cockpit Country, which some residents claim threatens their ability to survive. On January 20, 2023, the Supreme Court issued an injunction to prevent...
Alcoa has informed its US investors that delaying approvals to elongate its bauxite mining in Western Australia (WA) will cost approximately $240 million in 2023. Nonetheless, stricter environmental standards would help maintain community support, allowing it to continue mining South West forests...
On January 10, 2023, Sierra Mineral Holdings 1 Limited, a subsidiary of Vimetco N.V., issued a memo stating that it would temporarily suspend all operations in Sierra Leone. The memo states that the suspension is due to the lack of bauxite sales on the global market, which has had a detrimental...
In the last days of 2022, the President of Indonesia finally announced that from July 2023, the largest country in Southeast Asia would prohibit exporting bauxite as it intensifies its protectionist policy to foster sophisticated domestic manufacturing. On January 18, 2023, Bahlil Lahadalia, the...
According to the data from the National Institute of Statistics (INS), based in Conakry, it has revealed that Guinea's export at the end of October 2022 recorded a rise of 29.5 per cent compared to September 2022. The INS highlighted in its note on the evolution of foreign trade that the country's...
