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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National Aluminium Company Limited’s (NALCO) Panchpatmali bauxite mine has reportedly bagged the prestigious Pollution Control Excellence Award 2021 for effective and efficient pollution control measures and commendable environmental management practices. The award, conducted by the State Pollution Control Board, Odisha, was handed over to NALCO by Forest and Environment Minister Bikram Keshari Arukha. Applauding the mining team, NALCO chairman and director Sridhar Patra reaffirmed the company’s commitment towards environment management. He said, ‘’NALCO has always striven for achieving the highest standards in effective environment management. This Award is a testimony to the dedication of NALCO employees who have been passionately working towards following the best Sustainable Mining...
The army unit head of Guinea who lead the coup, solicited the mining companies to support the development of the nation’s economy, even though he assured the industry that production would be allowed to pursue unhampered following the political turmoil on 5th September. Colonel Mamady Doumbouya, the chief of the elite army that dethroned President Alpha Conde, said: “The country has undisputed mining potential, but the populations remain in poverty.” On 16th September during the meeting with mining houses, he said: “We must work together to turn this curse into an opportunity to improve people’s living conditions.” The West African nation Guinea is the world’s second-largest producer and top exporter of bauxite. The aluminium ore accounts for most of the West African nation’s mining...
The primary source of aluminium production, bauxite gained its output by 1.2% in 2020, from the previous year to 371 million tonnes, as per the latest report by GlobalData. The London headquartered data analytics and consulting company GlobalData, a gold standard data provider to the world's largest industries stated that this growth was majorly braced by higher output from the second-largest producer of the world and leading exporter, Guinea with an estimated 25.1% surge. Simultaneously, GlobalData appended that bauxite production from the world’s largest producer, Australia dipped by 1.2% over the previous year. Global mining giant Rio Tinto ranked as the largest producer, with an output of 56.1 million tonnes in 2020, rise by 2% from 2019, largely due to the ramp-up from the CBG mine...
On 15th September 2021, the deputy minister from Saudi Arabia’s Ministry of Industry and Mineral Resources achieved to persuade that the Kingdom’s germinating mining sector stands as a cinch for future rewards. The mining affairs minister, Khalid Al-Mudaifer, attended the MINExpo International 2021 in Las Vegas, where he discussed opportunities for investors, explorers, miners, and other stakeholders. However, the Kingdom has already enticed major international investors into the mining sector, incorporating US firm Alcoa, which has a 25.10% stake in Ma'aden Bauxite and Alumina Company and the Ma'aden Aluminium Company as part of a $10.8 billion joint venture with Saudi miner Ma'aden, located in Ras al-Khair Industrial City in the eastern province. Minister Al-Mudaifer said: “Saudi Arabia...
The coup in Guinea that by overthrowing President Alpha Conde in the previous week, the recent military takeovers in Chad and Mali, as well as an attempted coup in Niger, is adding fuel to complicate China's inroads into the semi-arid Sahel region and parts of West and Central Africa. The larger Sahel region is gaining agitation like the latest coup could stir to more political disquiet in the region, where China has been eyeing to stretch its multibillion-dollar trade and investment scheme, 'The Belt and Road Initiative'. The bauxite rich Guinea and also with huge reserves of iron-ore has been suspended from the Economic Community of West African States (ECOWAS), following power seizure by the military. A large landlocked country spanning north-central Africa, Chad has reserves of...
The Maliparbat bauxite mines in Koraput district of India’s eastern state Odisha gains public resistance with ethnics as well as the activists from across the whole district compounding their stake ahead of the public hearing for environment clearance on 22nd September by the Odisha State Pollution Control Board (OSPCB). On 10th September 2021, hundreds of people from three village councils (Panchayat) of Semiliguda block participated in a protest meeting called to resist renewed operations at Maliparbat mines. Under the banner of Maliparbat Surakhya Samiti (MPSS), the organisation resisting Hindalco Group’s efforts as it seeks a fresh lease to resume bauxite mining, the agitators assembled. However, the public hearing by OSPCB will be held at Kankadaamba village. The ethnics proclaimed...
On 5 th September 2021, the coup in Guinea, the mining powerhouse quake the global aluminium market. Guinea contests with Australia as China’s largest supplier of bauxite, the raw material used to make alumina and eventually the metal aluminium. According to the Ministry of Mines and Geology data, the nation shipped 82.4 million tonnes of bauxite globally last year, while a major chunk of that went to China, the world’s biggest aluminium-consuming country. The price of aluminium has escalated to the highest ever in 10 years, the alumina price has also surged and now Guinea’s political instability is expected to fire up the global bauxite prices. Samuel Abu Jinapor, the Minister of Lands and Natural Resources of Ghana, on 2nd September 2021, inaugurated the new Governing Board of GIADEC...
On 8th September 2021, the main political and economic bloc of West Africa has suspended Guinea's membership following a weekend military coup that has overthrown President Alpha Conde and inflicted a blow to democracy in the region. The leaders from the 15-member Economic Community of West African States, ECOWAS during a virtual summit demanded Alpha Conde’s immediate release and a return to the constitutional order. The EOCWAS leaders also agreed to send a high-level mission to Guinea on 9th September 2021 earliest, as stated by Alpha Barry, Foreign Minister of Burkina Faso. Barry further added: "At the end of that mission, ECOWAS should be able to re-examine its position.” However, he did not declare any overnight economic sanctions against Guinea, as ECOWAS imposed against Mali...
On 7th September 2021, the Chief Minister of Chhattisgarh Bhupesh Baghel approved mining proposals worth INR 267 crore. The proposals are related to several projects of the Mineral Resources Department and Chhattisgarh State Mineral Development Corporation and incorporate proposals for the development of Kerwa coal block, Iron Ore Deposit-4, exploration of new bauxite areas, the survey of minerals and upgrade of online mineral portal operated for mining activities. Chief Minister Baghel, holding the mining portfolio, chaired a meeting of the Mineral Development Fund Advisory Committee, said in an official statement: “At present, the government every year allocates 5% of the amount received as mineral revenue to the Mineral Development Fund. This is utilized to develop minerals in the...
On 7th September 2021, the Russian Govt. said it is strictly following the political situation in Guinea following a military coup there and hopes that the Russian business interests in the West African nation would go through hardship. The comments came a day after Russian aluminium giant Rusal said it pursues to keep its three major bauxite mines and one alumina refinery in Guinea operating after the military coup there but could evacuate all Russian personnel if the crisis worsened. Dmitry Peskov, the govt. spokesperson, said: “Moscow so far did not plan to offer Rusal any financial support.” Russia has long historic relations with Guinea that goes back to trade and economic cooperation during the Soviet era, and presently, focused mainly on the metals business. Rusal, one of the...
The share prices of the world-class bauxite developer Canyon Resources have escalated after Guinea, the world-leading supplier of bauxite experienced its third coup in less than 40 years. The political unrest propelled prices for aluminium rise towering to 10-year highs on concerns that it will interrupt the global aluminium supply chain given that Guinea accounts for about 22% of the world’s production. Vivek Dhar, analyst of CommBank (CommonWealth Bank) said: “If the political instability in Guinea disrupts its bauxite exports, we expect bauxite prices to lift.” The political disruption in Guinea is positive news for Canyon, as it advancing the Minim Martap bauxite project in central Cameroon, with its shares up 8.25% to 10.5c on 7th September. Minim Martap bauxite project in Cameroon...
According to the Shanghai Metals Market, bauxite(4.5≤Al/Si＜5.5) price in Henan has seen an increase of RMB 20 per tonne on Tuesday, September 7, to exceed RMB 500 per tonne. Due to the military coup in Guinea that has fuelled concerns over raw material supply required for aluminium smelting, bauxite price across the globe has witnessed a hike. China, being no exception, has also reported growth in bauxite prices on September 7. Bauxite(4.5≤Al/Si＜5.5) price in Henan has come in at RMB 510 per tonne, while bauxite(4.5≤Al/Si＜5.5) price in Shanxi is standing at RMB 460 per tonne by gaining RMB 10 per tonne. A00 aluminium ingot price in China has grown for the fourth day in a row by RMB 70 per tonne to stand at RMB 21,710 per tonne on Tuesday, September 7, learned SMM. The average prices are...
On 6th September 2021, the bauxite price from Guinea has reached the highest almost in 18 months at top metals consumer market China, as buyers distressed about supply followed a coup in the country. The West African nation Guinea is the world's second-largest producer of bauxite, keeping China behind. Asian Metal assessed Guinean bauxite for delivery to China at $50.50 a tonne, up by1% from 3rd September and the highest since 16th March 2020. The prices soared by around 16% so far in 2021. On 5th September, Guinea's President, Alpha Conde was overthrown by a unit of the army, which augmented a rally in aluminium prices to decade highs, spawning shares of global aluminium giant Norsk Hydro and Rusal to leap. It is still not understandable whether the unrest had impacted any bauxite...
The world’s second-largest producer of bauxite, Guinea’s unit of military seized power and suspended the constitution, destabilizing the West African nation, which is the global largest exporter of aluminium ore. On 5 th September 2021, Colonel Mamady Doumbouya, the head of Guinea’s Special Forces announced the takeover on a state broadcasting platform and influenced the armed forces to back him. The colonel said: “The action was taken to address financial mismanagement and corruption in Guinea under President Alpha Conde.” “If you see the condition of our roads, of our hospitals, you realize that it is time for us to wake up. We are going to initiate a national consultation to open an inclusive and peaceful transition, Doumbouya added. Guinea contests with Australia as China’s largest...
On 2 nd September 2021, Samuel Abu Jinapor, the Minister of Lands and Natural Resources of Ghana, inaugurated the new Governing Board of GIADEC with a charge for members to give meaning to Akufo-Addo’s vision of a “Ghana Beyond Aid” by delivering on GIADEC’s mandate of developing an Integrated Aluminium Industry (IAI) in Ghana. The Minister said: “As much as I recognize that a lot of work is being done in respect of the President’s vision of developing an Integrated Aluminium Industry in Ghana, we have to begin to move from plans, strategies, proposals or what we intend to do to what we have done in respect to the vision of an IAI.” “What the Ghanaian people are looking for ultimately is that we have this industry planted here in Ghana”, he further added. However, Minister Abu Jinapor...
Canyon Resources, the world-class bauxite explorer in Cameroon, announced the receipt of seven letters of support from the key Government and traditional rulers in the region around the Minim Martap Bauxite Project. The letters were addressed to Canyon’s wholly-owned Cameroon subsidiary company, Camalco SA and have been formally presented to the Ministry of Mines and other Government representatives. The Governor of the Adamaoua Region wrote to the Director-General of Camalco: “I have the honour to let you know that three years after the official launch of the bauxite exploration phase at MINIM-MARTAP, MAKAN and NGAOUNDAL with you in charge, the local administrative authorities and I have noted with satisfaction the progress of the work in the field. Also, the professionalism and conduct...
Metro Mining Limited has signed a binding agreement for the supply of 790,000 Wet Metric Tonnes (WMT) bauxite for delivery in 2021 with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium). The contract schedules tonnage from September through to December and is in addition to the company’s Offtake Agreement with Xinfa for 2.3 Million WMT in 2021. “On 7 July 2021, Metro announced the signing of a Letter of Intent (LOI) with Shanxi Liulin Senze Aluminium for 1 Million DMT (approx. 1.1 Million WMT) in 2021 and the off-take of the first two shipments under that LOI. A further three 60,000 WMT shipments have been contracted and shipped during August, totaling 300,000 WMT to date,” Metro Mining said. The agreement formalises the remaining volume under the LOI of 790,000 WMT. Both the...
The West African nation's govt. has assured the workers of Ghana Bauxite Company (GBC) at Awaso in the Bibiani-Anhwiaso-Bekwai Municipality in the Western North Region towards its commitment to keep the mining organization running. George Mireku Duker, Deputy Minister of Lands and Natural Resources said: “No worker will be thrown under the bus. With the plan we have for the company, we may even end up employing more.” The minister stated this when he led a government delegation on a fact-finding mission to the bauxite mining company at Awaso. The visit was entailed due to the recent agitation by the workers over the panic of losing their jobs following a tough decision by the Bosai Minerals Group from China, the strategic investor of the GBC to sell its stakeholding and pack out. The...
