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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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...
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,...
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...
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...
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...
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...
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,...
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...
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...
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...
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,...
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...
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...
According to the Shanghai Metals Market, Bauxite (6.5≤Al/Si＜7.5) price in Guizhou has jumped by RMB 105 per tonne to reach RMB 475 per tonne on Friday, August 27, found the Shanghai Metals Market. The average prices are expected to range between RMB 450-500 per tonne. Bauxite (6.5≤Al/Si＜7.5) price...
According to the latest data revealed by the US Census Bureau, the United States imported 734,000 tonnes of crude and dried bauxite in the second quarter of 2021. That reflected an increase of 5.61 per cent quarter-on-quarter from 695,000 tonnes and a surge of 103.32 per cent year-on-year from...
The Australian Securities Exchange-listed mining company, Canyon Resources Limited has declared the enforcement of a Strategic Partnership Agreement and MOU for the Minim Martap Bauxite Project in Cameroon with Zhongye Changtian International Engineering Corporation of MCC (MCC-CIE), the mining...
According to the Shanghai Metals Market data, Bauxite (4.5≤Al/Si＜5.5) price in Henan has soared by RMB 60 per tonne after remaining restrained at RMB 430 per tonne since July 29. As of Tuesday, August 24, the hike has brought the price to RMB 490 per tonne, with average prices expected to range...
The London, England headquartered data analytics and consulting company, GlobalData’s research unveils that the rise in bauxite production from mines in Australia (+4.1%) and Guinea (+3.6%) is anticipated to propel upswing in global production by 3.8% in 2021 to 372.8 million tonnes. The resilient...
