The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
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...
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The economy of Sweden is a developed export-oriented economy aided by timber, hydropower, and iron ore. Sweden, which avoided a lockdown during the height of the Covid-19 pandemic, saw its economy shrink 8.6% in the April-to-June’20 period from the previous three months. Kubal is Sweden's sole...
According to the latest data shown by the US Geological Survey on crude and dried bauxite imports, the United States in Q2 2020 imported 834,000 tonnes, up by 8 per cent from 775,000 tonnes in the first quarter of the year. But when compared to Q2 2019, the United States' bauxite imports stood 24...
Canyon Resources Ltd has appointed Peter Su as a Non-Executive Director, following the successful $10m equity placement in the Company. Canyon’s Chairman, David Netherway said, “I am pleased to welcome Peter Su to the Canyon Resources Board of Directors. Peter has shown his support for the Company...
The Czech Republic's prosperous market economy, led by automobile exports, boasts one of the European Union's highest GDP growth rates, one of its lowest unemployment levels, and a rising standard of living. Industrial Production in the Czech Republic averaged 2.88% from 2001 until 2020, reaching...
New Day Aluminum Holdings LLC, through its subsidiary Noranda Alumina, has executed a Letter of Intent with Cemtech Materials Corporation to sell 60,000 tonnes of bauxite residue starting from the Q4 of 2020. This bauxite residue will be used in the cement production process as the raw material for...
Ireland has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Ireland is a member of the European Union. A wide range of manufactured products is exported, including electrical machinery and apparatus,...
Even amidst the slowdown in mining activities at the Bauxite Hills Mine, Queensland, in the wake of the COVID-19 pandemic, Metro Mining Limited has not witnessed any dive in its shipments. Rather the company’s shipments have continued to grow, having August shipping rates returned to the levels...
On 4 th September’20, the French speciality alumina plant in Gardanne, Alteo started a new biological treatment station for its liquid effluents, designed and built by Veolia. Since the last phase of 2015, Alteo continued to invest in the purification of its liquid residues commonly called “red...
The European Commission has reportedly included bauxite in the list of Critical Raw Materials for 2020 and shared an action plan and a foresight study on it for strategic technologies and sectors from the 2030 and 2050 perspectives. The inclusion of bauxite in the European Commission’s Critical Raw...
Damansara Realty Bhd (DBhd) said in a statement that its subsidiary has engaged into a term sheet agreement with YHS Resources Sdn Bhd to commence work on a bauxite mining project in Kuantan, Pahang. The proposed mining activity will be carried out on four plots of land measuring a total of 145...
The Australian Stock Exchange-listed firm Canyon Resources has received binding commitments to undertake a $10 million placement. The funds will be raised through the issue of 100 million shares to institutional, sophisticated and strategic investors at 10 cents each. The price represents a 33.3%...
The economy of Turkey is an emerging market economy as defined by the International Monetary Fund. Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey has the world's 19th-largest nominal GDP and 13th-largest GDP by PPP. The...
According to a recent report, Canyon Resources has completed a range of testing, supporting the bauxite technical specification datasheet, the basis for ongoing offtake and strategic partnership negotiations for Minim Martap Project in Cameroon. The testing included a broad range of chemical,...
The average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stands at RMB 390 per tonne on Friday, 28 August 2020, an increase of RMB 10 per tonne, after remaining flat at RMB 380 per tonne since July 2. The average price is expected to move within a range of RMB 360-RMB 420 per tonne. The average spot...
The GDP of Switzerland generated by the service sector stands around 74% and 25% by the industrial sector. The contribution of the agricultural sector is less than 1%. The European Union (EU) is Switzerland's main trading partner. Around 78% of Swiss imports are from the EU, while 43% of Swiss...
Michael Ernest Ansah, CEO, Ghana Integrated Aluminium Development Corporation (GIADEC) said: “Government intends involving a substantial percentage of Ghanaian companies in the execution of projects under the Sinohydro deal.” However, there have been concerns that the majority of Sinohydro projects...
Last week, on August 20, Australian Bauxite Limited (ABx) announced that it completed the shipment of its most recent sale of 33,405 tonnes of cement-grade bauxite from Bald Hill bauxite mine near Campbell Town, Tasmania. The firm said the loading at the Bell Bay port commenced on Monday, August...
The global bauxite production for 2020 has been predicted to shrink by 0.1%, to 344 mt, as per the UK headquartered data analytics and consulting company GlobalData, production is hardly affected by the interim halt of mines due to COVID-19 epidemic. GlobalData stated that the production in...
