Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
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,...
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Odisha Mining Corporation (OMC), a gold category Public Sector Undertaking established in India, has reported incurring a loss of INR 61 crore ($7.77 million) due to inaccurate costing of bauxite from the Odisha’s Kodingamali block in Koraput and Rayagada districts. The profit-making OMC’s issue...
According to the China Customs data, the country’s bauxite imports in June 2022 stood at 9.42 million tonnes, down by 21.4 per cent month-on-month and 7.1 per cent year-on-year. Compared with May 2022, China’s bauxite imports in June fell by 2.56 million tonnes and failed to continue the monthly...
The government of India is planning to change the pricing structure to determine the Average Selling Price (ASP) of metallurgical-grade bauxite, in a bid to attract private players. In the present scenario, states are unable to auction the existing bauxite mines as companies find the selling price...
The leading mining solution provider in Australia, Emeco has sealed a deal for dispersal services with a renowned industrial asset disposition and management company. By the agreement, Emeco teams with the auctioneer to get competitive marketing and sales solutions regarding dispersing heavy...
The leading drill and blast contractor serving the mining industry, SRG Global has fastened a noteworthy new contract from its existing Tier 1 client valued at around $80 million. The existing SRG’s agreement with South32 gets an extension for another two years for works at the Worsley Alumina’s...
On July 19, the Australian Aluminium Council announced the joining of ABx Group (ABx) as its new council member. The businesses of bauxite mining, alumina refining, aluminium smelting, and downstream processing are all represented in Australia by the Australian Aluminium Council. The Sunrise...
Rio Tinto Group, an Anglo-Australian multinational metals and mining company, has announced the second quarter results of 2022, revealing a 4 per cent quarter-on-quarter increase and a 3 per cent year-on-year rise in bauxite production to 14.1 million tonnes. According to the mining group, total...
On July 13, Emirates Global Aluminium and Kawasaki Kisen Kaisha, Ltd. (K-Line Group) signed an agreement to collaborate on research and pilot projects to decarbonize bulk cargo shipping. The K-Line Group is one of the largest shipping groups in the world. To accommodate EGA's bulk cargo shipping...
The Lower House of the Jamaica Parliament, also known as the House of Representatives has sanctioned the amount of J$268.48 million to be withdrawn from the Capital Development Fund (CDF), to contribute budgetary support to the Jamaica Bauxite Institute (JBI) for FY 2022-23. On 5 th July 2022, Dr...
Philipp Gallagher, the founder and Managing Director of Canyon Resources, has stepped down after 12 years of service. In accordance with previously announced plans, Phillip will remain on the board as a Non-Executive Director. However, with a mutual decision, he will step aside from the board...
The Australian mining company Canyon Resources has reportedly revealed a bankable feasibility study of world-class Minim Martap bauxite project in Cameroon. The study was carried out by Canyon’s strategic partner MCC-CIE, covering details of funding for various aspects of the project. One of the...
The senior presidential advisor to the Akufo-Addo Administration, Senior Minister Yaw Osafo Maafo stated that Ghana can generate 100,000 jobs from a $10 billion loan agreement with China. In 2017, the Chinese government committed a sum of $15 billion to support developmental projects in Ghana. The...
The Australian exploration and mining company, Metro Mining has announced its plans to augment the annual bauxite production capacity at the Bauxite Hills Mine from 4 million to 7 million wet metric tonnes per annum (M WMT pa) in 2023. The Bauxite Hills Mine has been operating in Western Cape York...
Metro Mining Limited (Metro) has been registered as the latest member of the Australian Aluminium Council, representing Australia’s bauxite mining, alumina refining, aluminium smelting and downstream processing industries. Globally acknowledged Western Cape York bauxite region in Queensland houses...
According to the data published by the US Census Bureau, the United States crude and dried bauxite imports amounted to 736,000 tonnes during the first quarter of 2022, which registered a quarter-on-quarter decrease of 48,000 tonnes or 6.12 per cent from 784,000 tonnes. However, on a year-on-year...
The Minim Martap bauxite project in Cameroon has undergone a Bankable Feasibility Study (BFS), determining that it has a primary twenty-year mine life, with the endeavour estimated to produce high-grade bauxite worth 6.4 million tonnes per year. The CEO of Canyon, Jean Sebastien Boutet exclaimed:...
The Environmental Protection Authority (EPA) has been urged to reject South32's plans to expand its Worsley bauxite and alumina project in Western Australia’s (WA) South West which would clear more than 4000 hectares of native vegetation. The updated plan, which the EPA made available for public...
According to the data revealed by the General Administration of Customs on Wednesday, June 22, China’s bauxite imports recorded a historical high, totalling 11.97 million tonnes in May 2022. That was an increase of 7.6 per cent month-on-month and a hike of 31.4 per cent over a year. Australia stood...
