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...
Grow with
AL Circle
Lindian Resources’ Managing Director Shannon Green has resigned from the company and stated due to personal reasons. Still, he will remain at the company until the end of June’20 to ensure a smooth leadership transition. Shannon joined Lindian Resources only 12 months ago from bauxite development company Canyon Resources, where he was General Manager of Position Implementation. In this role, he played an important part in the development of the Minim Martap Bauxite Project in Cameroon. Green has over 20 years of resource development and mining operations experience, having managed several world-class project developments and mines in Australia. Shannon has also had extensive experience working in Guinea, having held the role of General Manager of Project Delivery with Alliance Mining...
The average Bauxite (6.5≤Al/Si＜7.5) price in Guangxi stands at RMB 265 per tonne on Tuesday, 26 May 2020, down RMB 15 per tonne or 5.36 per cent, after remaining flat at RMB 280 per tonne since May 12. The average price is expected to move within a range of RMB 230-RMB 300 per tonne. The average Bauxite (5.5≤Al/Si＜6.5) price in Guizhou has decreased by RMB 20 per tonne to RMB 280 per tonne today. The average price is expected to move within a range of RMB 240-RMB 320 per tonne. A00 aluminium ingot price has increased by RMB 100 per tonne from RMB 13260 per tonne to RMB 13360 per tonne. The price is expected to move within a range of RMB 13340 per tonne-13380 per tonne. Spot aluminium price is likely to be traded at a premium of RMB 70-110 per tonne. In Foshan and Wuxi, the price has risen...
Metro Mining Ltd continues to watch closely the market situations forth deciding to formally proceed with stage-2 expansion at the Bauxite Hills Mine in Far North Queensland in Australia. In April’20, the company was instructed by the Queensland Treasury that the Queensland State Government would not exercise its veto right regarding the Metro Mining Bauxite Hills Mine Expansion proposal and supports its progression to the loan documentation stage. This is one of the last key milestones for the facility and Metro is now well advanced in satisfying all remaining CPs and reaching the financial close of the facility. The timing for the formal commitment to stage-2 is being influenced by the uncertainty over the outlook for global growth and associated weakness in aluminium and alumina prices...
Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH) has reportedly signed five mining contracts for the first time in its history. This followed the heels of the conclusion of the country’s inaugural mining bidding round last year. The contracts have been signed with three different companies, which include one gold exploration contract in Block I with Manhattan Mining Investment, three contracts with Blue Magnolia in Block B for bauxite and precious metals and Block K and H for gold and precious metals, base metals, and rare earth minerals. One of the five contracts also includes a prospecting contract with Shefagold in Blocks N and O for platinum, palladium, silver, magnesium, phosphorus, chrome, copper, iron ore, and other associated minerals. According to the Ministry of...
China’s bauxite imports rose to a record high in the first quarter of 2020, owing to greater demand and lower sea freight costs, found China customs data under HS code 26060000. In the first three months of 2020, China imported 28.41 million tonnes of bauxite, the highest quarterly import volume on record. Compared to the bauxite imported in the fourth quarter last year, the volume in Q1 2020 was up by 26.01 per cent, and when compared to the first quarter of 2019, it was higher by 9.99 per cent. The Republic of Guinea remained the top bauxite exporter to China, accounting for nearly half of China’s total bauxite imports. Guinea exported 13.37 million tonnes of bauxite to China in the first three months. Australia and Indonesia were the second and third top exporters, supplying 9.24...
The economy of Turkey is an emerging market economy as defined by the International Monetary Fund. Turkey is among the world's developed countries according to the CIA World Factbook. Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey’s bauxite importation market remained with advantage during 2017-19 as it recorded a moderate volume of import at 117,168 tonnes and the revenue expended remained at $46.32 million. The estimated importation for 2020 though has been analysed to 25,862 tonnes only and the expenditure might reach to $11.60 million. When the current years analysed import volume and expenditure is added up with the preceding three years it stands at 143,030 tonnes and $57.92 million. The country’s bauxite...
Abdoulaye Magassouba, Minister of Mines and Geology, Guinea stated that: “Iranian companies are capable partners for the development of mining projects.” On 15 th May’20, the Guinea minister while speaking in a video conference with Iranian Deputy Minister of Industry, Mine and Trade Khodadad Gharibpour, he entitled “Iranians as able and competent partners with high capabilities and capacities.” The Guinean mining minister welcomed the idea of developing mines and mineral cooperation with the Islamic Republic of Iran. After being informed of a 70% increase in production capacity of aluminium in Iran, he emphasized the need for transfer of experience and technical know-how between the two countries in the mines and mineral sector. He pointed to the commissioning of the bauxite project in...
Mozambique is located on the southeast coast of Africa. It is bound by Swaziland to the south, South Africa to the southwest, Zimbabwe to the west, Zambia and Malawi to the northwest, Tanzania to the north and the Indian Ocean to the east. The below-par quality of the countries bauxite reserves and in-disciplined marketing has affected the export of the aluminium ore. Mozambique’s principal customer for its bauxite has been Zimbabwe and Zambia stood as a minor buyer. The nation’s bauxite export during 2017-2019 has been recorded at 22,437 tonnes and the foreign revenue earning stood at $2.71 million. The bauxite export estimated for 2020 has been analysed for 10,547 tonnes and the income might reach to $1.26 million. When the analysed export value and income get added with the previous...
Australian Bauxite Limited (ABx) announced that it had been a successful tenderer to deliver a shipment of cement grade bauxite. It shipped 35,000 tonnes plus or minus 10 per cent from Bell Bay, which marked the company’s biggest sale yet of seaborne cement grade bauxite. Being optimistic about the time to come, ABx said: "Delays due to the current COVID-19 restrictions have been overcome and demand is likely to grow." ABx was negotiating for mining, transport, and port services to bring forward the production to take advantage of low fuel costs and increase employment in Northern Tasmania in the current and upcoming quarters. The company, however, did not reveal the sale price, claiming it confidential. Australian Bauxite Limited also told the Australian Securities Exchange (ASX) that it...
Indian Miners apex body Federation of Indian Mineral Industries (FIMI) on 13 th May'20 hailed the INR 20 lakh crore special economic packages, expressing hope that the stimulus will also be used to give relief to highly taxed and struggling mining sector. FIMI said in a statement: "We are grateful to the Prime Minister for announcing the financial stimulus of INR 20 lakh crore to make India self-reliant and boost MSMEs.” The industry body added that it hoped the package "will also be used to boost the highly taxed and struggling mining sector, which is critical for raw material supply to Indian manufacturing units, power, infrastructure sectors, etc." FIMI said: “A majority of the mineral blocks in the country are small in size, with 72% of mines being less than 50 hectares in size and...
On 12 th May’20, Vedanta Resources stated that mining and metal tycoon Anil Agarwal plans to offer INR 16,200 crore in cash to take the Indian stock exchanges-listed Vedanta Ltd private. The London-based outfit Vedanta Resources which Anil Agarwal delisted in 2018, is offering INR 87.5 for a share of Vedanta Ltd to minority shareholders of the BSE/NSE-traded Company <iframe width="500" height="300" src="https://www.youtube.com/embed/HrZINbpvOBg" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The offer price is at a 2% discount to Vedanta Ltd’s on 12 th May’20 closing price of INR 89.30 on the BSE but represents a 10% premium to the stock’s last trading price on 11 th May’20. Vedanta Resources, along with other...
A journey of 35 days that crossed 21,112 km with two large locomotives built by the Chinese group CRRC for the Dapilon-Santou railway line was landed on 8 th May’20 at the Guinean port of Boké, initiated the departure from the Chinese port of Yantai in Shandong province. The internal combustion diesel locomotives measure 22 meters long, 3.3 meters wide and 4.1 meters high and weighs 150 tonnes each. The mission thus established a new Chinese national record for bulk maritime transport between Yantai and West Africa in terms of length of journey and tonnage of cargo. The Papillon-Santou line links the port of Boké to bauxite mines in eastern Guinea. It will greatly contribute to enhancing the transit capacity of the port after it enters into service. The port of Yantai is the largest...
The current political stand-off has been constantly hampering the progress of labour talks. This situation is also creating an abstraction of an order for Bauxite Company of Guyana Inc (BCGI) and the Guyana Bauxite and General Workers Union (GB&GWU) to enter into arbitration to resolve a long-brewing dispute over wages and salaries. On 8 th May’20, the General Secretary of the GB&GWU, Lincoln Lewis said: “The dispute between the two parties is set for arbitration and explained that they will only be able to start talks once the political impasse is resolved. He also added: “It will go to arbitration after the current political impasse as when there is a new government we expect the new minister will sign the order.”
Metro Mining published production and shipping results for the month of April. The company said this has been the best start to the year for both mining and shipping. Metro Mining produced 415,000 wet metric tonnes (WMT) of bauxite and shipped 245,000 wet metric tonnes (WMT) at the Bauxite Hills Mine in April. The company is on track to meet the production and shipping guidance of 900,000 WMT to 1.1 million WMT for June quarter. The strong April results are attributable to greater experience and continuity of workforce, recent upgrades to plant and equipment and favourable weather conditions, Metro Mining said. Metro Mining Managing Director and Chief Executive Officer, Simon Finnis, said, “This is a very pleasing start for 2020. We have had a seamless transition back into operations and...
Australian Bauxite Ltd. declared that its negotiations for its next cement grade shipment were well advanced, as a bauxite miner is working towards a Tasmanian job augmentation through a cement grade shipment deal. ABx stated in its March quarterly report: "The potential for early commencement of production and delivery to port is being considered by stakeholders to create new jobs in Northern Tasmania and maximize the benefits of reduced fuel costs.” It has also been said that the new orders had been secured for fertilizer grade bauxite as agricultural demand soared. The quarter incorporated supplying an urgent order of 700 tonnes of fertilizer grade bauxite from its Bald Hill project at Campbell Town to Impact Fertilisers in Hobart. The company is also working towards potential mining...
Michael Stewart, Member of Parliament for Manchester Southern says: “Jamaicans should take stock of the costs and benefits of the bauxite/alumina industry,” following more bitter complaints about its negative effects. The residents of Rose Hill on the Manchester Plateau, at the heart of Stewart's constituency, protested by blocking trucks carrying bauxite ore and appealing for help with dust pollution and noise irritancies activated by bauxite mining near to their homes. The residents expressed their anger by saying that there was no consultation with them before the start of the mining as on 2 nd May’20, in the immediate locality of their homes. After meeting the protestors Stewart said: “This has been happening for too long now; we have to wonder if the industry is worth all this...
Lindian Resources Limited provided an update on the assaying and digestion test work on the drill sample derived from the Bouba Conglomerate Bauxite Plateau and Mamaya Plateau at Gaoual. The company said laboratory XRF analyses confirmed the high-grade conglomerate bauxite at the project. Lindian Resources said 655 samples from the Bouba plateau were analysed by XRF, with a selection of 58 further tested with digestion techniques at both high and low temperatures. 295 samples from the Mamaya plateau were analysed by XRF, with a selection of 18 further tested at high and low-temperature digestions. <iframe width="500" height="300" src="https://www.youtube.com/embed/OOnvoC13b0w" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture"...
Ecuador is a country straddling the equator on South America’s west coast. Ecuador's economy has been one of the most stable in the Latin American continent. The country has enjoyed a healthy economy supported by the dollarization regime the country uses the US dollar for its currency—and high oil prices. Ecuador has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. The Bauxite import market of Ecuador has remained very much unstable though there is growth; still, it continues to be an un-predicted market. The total bauxite market of the nation during 2017-19 has been recorded only 30,835 tonnes and the expenditure stood at $3.96 million. The projected import for 2020 has been analyzed at 10,609...
