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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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...
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...
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...
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...
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,...
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 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...
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...
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...
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...
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 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...
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...
As per a renowned British news media, a report has been unfolded that a mining operation owes millions in unpaid taxes and royalties to the Government of Solomon Islands. The information accumulated from a senior official, Govt. of Solomon Islands, the Asia Pacific Investment Development (APID)...
On 9 th November 2021, in an unanticipated jolt, a meeting summoned in connection with the proposed bauxite mining in Pottangi by Nalco concluded on a positive account with the village inhabitants conferring conditional support to the drive. ITDA, the Koraput Integrated Tribal Development Agency...
In September, producers had to pay extra money to bring their goods to market, as output prices for the Mining and Quarrying business and the Manufacturing industry both increased by 0.3 percent. The Statistical Institute of Jamaica's newest producer pricing index statistics indicated the rise in...
The quarterly results and the first nine months performance are gradually getting released for the bauxite segment, which has kept the industry highlighted, following the Guinea political unrest. However, in Guinea, Rusal produced 1.694 million tonnes of bauxite in 3Q2021, which was down by 6.77...
The Members of the Cockpit Country Stakeholders Group (CCSG) have emphatically declined the Final Environmental Impact Assessment (EIA) organised by the National Environment and Planning Agency (NEPA) to permit mining in the historic section of Jamaica. Cockpit country’s mining has been a primary...
