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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Bauxite with an Al/Si ratio of 5 and alumina content of 58 per cent was sold between RMB 425 per tonne to RMB 450 per tonne (including VAT, except resource tax, delivery to factory) in north Shanxi as of June 17. On the same day in Xiaoyi, Shanxi, it was traded between RMB 435 per tonne to RMB 475...
As per our report from Guinea, the leader of the union, Yamoussa Bangoura on 6th June 2022, announced the strike at Rusal's subsidiary in Guinea, Compagnie des Bauxites de Dian-Dian (COBAD) has ended indeed. After a week of protest action, the mine employees returned to work on 2nd June. COBAD...
The world’s largest bauxite exporter and with huge reserves of other minerals, Guinea has made public the infrastructure development of a $300 million phased Liquefied Natural Gas (LNG) provision and distribution network which incorporates a full-service LNG receiving terminal, a liquefaction plant...
According to the aluminium industry experts, Indonesia's decision to ban sending out bauxite, an essential input for aluminium, will have no genuine effect on the Chinese aluminium sector, as aluminium producers have expanded their sources and fortified the utilization of aluminium recycling....
The Jamaican Transport and Mines Minister, Audley Shaw stated that the Russian aluminium giant and one of the leading producers of aluminium in the world, Rusal has kept its commitment to payments to Jamaica as a part of a 2021 agreement to pay off production taxes it obliges to the government. The...
Rio Tinto and British Petroleum (bp) have agreed to collaborate on a one-year biofuel trial to assist Rio Tinto's marine fleet to reduce carbon emissions. British Petroleum will supply marine biofuel to Rio Tinto as part of the trial for approximately 12 months. The findings from the trial will be...
The Andhra Pradesh state government has achieved a major victory against Ras-Al-Khaimah Investment Authority’s (RAKIA) $273 million damage claim by over cancellation of the Bauxite Supply Agreement (BSA) inked by AP Mineral Development Corporation in October 2008. RAKIA, Penna Group and the Andhra...
The Finnish industrial machinery company focusing on providing technology and services for mining, Metso Outotec and the national science agency of Australia, CSIRO, have joined hands to sign a treaty delivering SwirlFlow agitation technology for the bauxite and alumina sector beyond the Chinese...
According to a report published on Friday, May 13, a Memorandum of Understanding (MoU) has been signed between the Chhattisgarh Council of Science and Technology (CGCOST), Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), and Ministry of Mines on Wednesday, May 11, for...
New mineral reserves costing over US$ 28.7 billion have been unearthed in Iran by data submitted through the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Rigorous mining expeditions for eight years in Iran have accumulated in IMIDRO’s latest exploration data...
The principal raw material used in the production of aluminium is bauxite and it is used for both metal supply and non-metallurgical needs. As residually enriched rocks, bauxites are composed primarily of Al-hydroxides (gibbsite, boehmite, and diaspore), kaolinite, Fe-oxy-hydroxides, and Ti-oxides,...
The Perth, Western Australia headquartered mining and metal company, South32 Limited has unveiled the accomplishment of acquisition of an additional 18.2% stake in the Mineração Rio do Norte (MRN) bauxite mine in the northern part of Brazil from Alcoa Corporation (Alcoa). However, the acquisition...
In the West African nation Ghana, Rocksure International Limited, a contract mining company has over the years developed a substantial capacity and flexibility for executing measures to encounter the challenges of planning, equipping and staffing several mining sites. The Accra headquartered...
JISCO Alpart, specialised in the refining of bauxite ore into alumina, is eyeing to mine more ore to feed its refinery, which is expanding at a cost of US$1.1 billion. As per the report, the bauxite-alumina producer will dig through 700 acres of land known as the ‘Outer Valley,’ requiring the...
On Wednesday, April 27, Hon. Samuel Abu Jinapor (MP), Minister of Lands and Natural Resources announced that aluminium has been globally identified by the government as a critical commodity for the energy transition initiative. The announcement was made while he was leading a Ghanaian delegation to...
Graham Kerr, the CEO of South32 does not anticipate a global recession but said that the economic outlook is dormant because of the war in Europe, the Covid epidemic in China and rising commodity prices that may worsen in the coming months. On Tuesday, mining and energy stocks were mostly released...
Under President Akufo-Addo’s government in Ghana, the Minister of Lands and Natural Resources Samuel Abu Jinapor has assured people for no deliberate exploitation of the Atewa Forest area. They will rather try to utilise it for the benefit of the Ghanaian people. “Government and GIADEC continue to...
China’s bauxite import for March 2022 witnessed M-o-M hike of 13.58 percent and 15.79 percent Y-o-Y, says the customs data. In total, China imported 11.7 million tonnes of bauxite in March. For the same month, Australia imported a total of 2.95 million tonnes, rising by 15.62 percent M-o-M but down...
