International Responsible Business Conduct (IRBC) has completed a project examining aluminium and bauxite supply chains to improve transparency and traceability in materials supporting the renewable energy transition. The project brought together wind energy company Siemens Gamesa, Dutch cable manufacturer TKF, Digital Product Passport (DPP) technology provider Minespider, and project partner Responsible Trade. The initiative mapped selected upstream aluminium and bauxite supply chains and tested secure DPPs to organise and present traceability and sustainability information across multiple supplier tiers. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price...
Mount Ridley Mines has reported 94.9 per cent gallium recovery from a third-party bauxite sample using its patent-pending Selectro process, alongside recoveries of 92 per cent aluminium and 97 per cent iron in a single low-temperature leach. The test also produced a silica-rich residue instead of conventional red mud, highlighting the technology’s potential to recover multiple metals from bauxite through one processing route. The sample was provided by Australian Silica Quartz Group from its Darling Range bauxite project in Western Australia. It comprised material collected from 16 vacuum drill samples across four holes at the Athena and Ceres prospects. Containing 80 parts per million of gallium, the sample yielded an extraction rate of 94.9 per cent into solution. Mount Ridley said this...
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The leader in global aluminium production and also one of the largest companies in the UAE, Emirates Global Aluminium has inked a three-year agreement with China’s Bosai Minerals Group for the supply of bauxite from the West African nation, Guinea. The agreement states that EGA will supply Bosai Minerals Group with several million tonnes of bauxite each year, with the first shipment anticipated in January 2022. However, EGA has supplied Bosai Minerals Group with over one million tonnes of bauxite in 2021 under short-term agreements. Emirates Global Aluminium’s bauxite mining subsidiary Guinea Alumina Corporation made the company the world’s second-biggest supplier of bauxite to third-party customers, while in 2019, GAC commenced its production. On 9 th December 2021, Mr Yuan Zhilun,...
China's aluminium sector, the world's largest, is growing increasingly reliant on foreign supply of the ore needed to produce the metal, highlighting the country's long-term reliance on imported raw materials. Alumina, an intermediate substance created from bauxite ore, is used to make the aluminium needed for aircraft, beverage cans, etc. According to state-owned researcher Beijing Antaike Information Development Co., 49 percent of this material will come from imported ore in China next year, up from 47 percent this year and roughly 30 percent in 2015. Imports of bauxite might reach 130 million tonnes in 2022, up from roughly 110 million tonnes this year. Domestic mining has been hampered by depletion of local resources, dropping ore grades, and harsher environmental laws, resulting in a...
Canyon Resources reportedly plans to release the bankable feasibility study for its Minim Martap bauxite project in January 2022, including improving rail production capacity and developing a superior port handling facility. Fresh modelling from West African rail engineering consultant Vecturis has said rail that traffic capacity of the project is better than previous anticipated, which will allow the production of Minim Martap bauxite to increase by more than 20 per cent from the original target. Canyon Resources and the Cameroon Ministry of Transport and Camrail have also carried out a review of rail operations methodology that has found out the possibility of increasing tonnage and improving rail efficiencies. Ongoing negotiations between Canyon and Douala Port Authority (PAD) have...
The Australian securities exchange registered firm Canyon Resources Limited announced that, through its wholly-owned Cameroon subsidiary Camalco Cameroon SA, it has attended four formal sessions with the Government of Cameroon to negotiate terms of the Mining Convention for the Minim Martap Bauxite Project, located in the Adamoua Region of Cameroon. The sessions were attended in person by senior representatives of the Cameroon Government, senior executives from Camalco and Canyon and Camalco’s advisors. On 5 th November 2021, the negotiations commenced when Camalco presented the Project to an audience of approximately 80 representatives of the Ministry of Mines and other Government administrators. The meeting incorporated an illustrated presentation of the Project by Camalco management...
On 6 th December 2021, Guinea Alumina Corporation, the wholly-owned subsidiary of Emirates Global Aluminium (EGA) publicized that it has awarded a crucial mining contract to a Guinean firm GPC, as the metallurgical-grade bauxite export company aspires to expand its contribution to the economy of the Republic of Guinea. The contract accorded to Guinéenne de Prestation et de Construction (GPC Group) is presumed to be one of the largest ever to a fully-local mining contractor, which has a value of worth over $34 million over the next 16 months. Following the bagging of the contract, Guinéenne de Prestation et de Construction anticipates expanding its workforce by 57 people to over 300. EGA targets twofold contribution to the economy in the nations where it functionalizes – the United Arab...
This week, the bauxite industry was in the news for a limited number of reasons. To begin with, Dr. Nigel Clarke, Jamaica's Minister of Finance and Public Service, said on Tuesday that Jamaicans may soon be able to participate in Jamalco, a bauxite mining/alumina firm, through an initial public offering (IPO). This was followed by the news of Australia's Metro Mining Ltd. announced that it has expanded and extended its Strategic Cooperation Agreement with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium) for the delivery of roughly 5 million wet metric tonnes of bauxite over the next three years. Metro Mining Ltd. of Australia stated last week that it has enlarged and extended its Strategic Cooperation Agreement with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium) for the...
Dr Nigel Clarke, Minister of Finance and the Public Service, indicated on Tuesday that Jamaicans may soon be able to invest in the bauxite mining/alumina business company, Jamalco, through an initial public offering (IPO). Dr Clarke informed the House of Representatives that the Government of Jamaica is trying to incorporate Jamalco and list the Government of Jamaica's 45 percent stake in the firm on the Jamaica Stock Exchange. He also informed about the future plans of the company, which includes rebuilding the bauxite/alumina plant’s power house in Clarendon, which is expected to be funded by US$250 million insurance claims for the damage, which has forced the company to shut down operations since September. “The shareholders of JAMALCO, CAP and the government of Jamaica will have to be...
The world's largest aluminium rolling company, Hindalco which also ranks among the largest producers of primary aluminium in Asia has been able to reduce the environmental damage by developing a biodiversity park on the wasteland of a bauxite mine. Hindalco’s commitment towards sustainable mining development efforts, the company has retrieved five hectares of land in its bauxite mine in Bagru Hills in Lohardaga, Jharkhand and has built a biodiversity park. The park accommodates a butterfly garden and has seasonal fruits, vegetables, medicinal plants, herbs, tea and flowers. Aditya Birla Group subsidiary Hindalco’s Bagru Hills bauxite mine is located approximately 76km from Ranchi stands as one of the oldest bauxite mines in India, whose exploitation commenced in 1993. The mine delivers as...
The Indonesian-based holding company that engaged in the manufacturing and trading business of aluminium extrusion-based building and household materials, PT HK Metals Utama Tbk (HKMU) positively welcomes the Joko Widodo government's plan to cautiously halt the export trade of bauxite among other raw materials. This proposal is believed to deliver the recovery of the aluminium industry with much promptness. Jodi Pujiyono, the Director and Corporate Secretary of HK Metals Utama said: “The Company welcomes the government's plan to stop bauxite exports. This is a form of real government support for manufacturing industry players, especially aluminium whose conditions have been hit hard since Covid-19.” "With the cessation of exports of bauxite, as well as the processing of raw materials into...
Metro Mining Ltd. of Australia stated last week that it has enlarged and extended its 'Strategic Cooperation Agreement' with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium) for the delivery of approximately 5 million wet metric tonnes of bauxite over the next three years. According to Metro, the new arrangement builds on a previous letter of intent between the two companies for 1.1 million wet metric tonnes of bauxite for the current year. The new agreement calls for 1.7 million wet metric tonnes of bauxite ore to be supplied over the next three years. The deal comes on the heels of a letter of intent signed in July between Metro and Shanxi Liulin Senze Aluminium for an extra 1.1 million wet metric tonnes per year through 2023. Currently, the total offtake agreed to in that letter...
State backed Chinese research house Antaike stated that, a hypothetical restriction on bauxite shipments from Indonesia as early as next year will have no impact on China's aluminium sector since there is ample alternative supply from Guinea. Indonesian President Joko Widodo said on Wednesday that the Southeast Asian country may stop permitting exports of bauxite, the primary aluminium ore, starting in 2022 as it seeks to utilise more of its resources domestically. Bauxite shipments were previously restricted in 2014, when Indonesia was China's largest supplier, only to be allowed to restart in 2017. “If Indonesia again restricts bauxite exports, Guinea’s bauxite capacity surplus can completely make up for Indonesia’s shortfall,” stated Antaike on Thursday. It was reported that...
The 7th and current President of Indonesia, Joko Widodo on 24 th November 2021 restated his plan to discontinue the exports of all commodity raw materials that will ban the exports of bauxite in 2022, copper in 2023, and tin in 2024. "We are now calculating the possibility to stop exporting raw bauxite, perhaps starting next year. The next year after that would be raw copper, and the year after that, in. We will continue to do this," the President said in a national coordination meeting and the awards ceremony for investment services, held by the Ministry of Investment in Jakarta. Furthermore, in October 2021, the head of the state commented that he aims to restrain the commodity export of all raw materials. President Jokowi said: "The government will encourage the downstream industry to...
The ray of hope has glimpsed through the gloomy cloud in the region, as it found the agreement to secure the future of the 26 miners of the Olmedo bauxite mine, where the mining operation has been ceased post-2015. The terms of the new contractual platform were approved by the parties via teleconference. The trade union representatives, the corporate RSUs, Alberto Urpi, the cabinet head of the regional councillor for industry and Michele Caria, sole director of IGEA, the regional in-house company that deals with the management of mining activities participated. The agreement succeeds for the extension of the current contract, which is expiring on 30 th November and now it will remain active until 20 th May 2022. A technical gap for 20 days will follow, after which new contracts with IGEA...
According to the Shanghai Metals market, bauxite (4.5≤Al/Si＜5.5) price in Shanxi has dropped by RMB 7.5 per tonne on Monday, November 22, to come in at RMB 492.50 per tonne. The average prices are likely to range between RMB 480-505 per tonne. The decline followed two consecutive days of restraint at RMB 500 per tonne on November 18 and 19. Bauxite (4.5≤Al/Si＜5.5) price in Henan has decreased by RMB 10 per tonne to RMB 500 per tonne, with average prices expected to range between RMB 490-510 per tonne, found SMM. Among other primary aluminium input costs, caustic soda (32% concentration) price in Shandong has recorded a decline of RMB 15 per tonne on November 22 to RMB 915 per tonne. According to SMM, the average prices are expected to range between RMB 880-950 per tonne. However, despite...
The 26 workers those for the last five years have been struggling implacably to profess a future and on the upcoming 30 th November, they are seeing peril of their last hope to be eradicated. The Olmedo bauxite mine workers, presently employees of IGEA Spa Company have manifested yet another state of agitation. Although, the extraction site remains closed since 2015, while in the next two weeks they will be without a contract and hopeless. They have addressed the President of the region and to the President of the Regional Council of Sardinia, the department of Industry, to the sole Director and the Personnel Manager of IGEA spa. The workers immediately urge for a meeting to source an agreement for the continuation of their employment relationship. With the impending expiry of the...
Noranda Bauxite Company will continue to remain a pillar of the Jamaican economy despite all the criticisms over environmental issues alleged with it, said the firm’s chief executive officer. Mark Hansen, Concord CEO, said Noranda Bauxite spent US$85 million on operational items, an ideal time for the company to build on such a foundation, even hinting that with partnership and cooperation from all stakeholders far more positive were in store. Hansen also said that he remained optimistic that the operations of Noranda Bauxite would be a win-win for all. Noranda is a joint-venture held by the Jamaica Government through Jamaica Bauxite Mining Ltd (51 per cent) and Concord Resources (49 per). Hansen said, “The mining industry has brought several thousands of well-paying jobs to Jamaica. Even...
The developer of the world-class Minim Martap bauxite project in Cameroon, Canyon Resources Limited has announced that it has appointed Jean-Sebastien Boutet as Chief Executive Officer. Boutet is an experienced metals and mining executive carrying more than 16 years in the bauxite and aluminium industry. The official commencement of Jean-Sebastien Boutet at Canyon Resources will be from 1 st January 2022. Boutet has more than 6 years of working experience in West Africa and most recently as Chief Commercial Officer at Alufer Mining Limited, an independent bauxite mining company that discovered and developed the now operational Bel Air bauxite deposit. However, he was previously a member of the Board of Directors of Compagnie des Bauxite de Guinée (CBG) while working as Commercial and...
According to a recent report, Russian aluminium giant UC Rusal has been engaged in the prospect of investing in the Ghanaian bauxite industry. The news came after the Deputy Minister of Lands and Natural Resources George Mireku Duker, who is also in charge of mining, held a meeting with Rusal officials on Friday, November 12, as the latter indicated willingness to invest in the country’s bauxite sector. According to the Minister, the object of the meeting was to discuss the prospective date for Rusal officials to visit Ghana. As per the report, the date has been fixed on December 6, 2021. George Mireku Duker posted on the social media that the meeting was fruitful, and he thinks Rusal will be investing soon in Ghana. He also wrote that Rusal’s arrival in Ghana could lead to the...
