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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The average Bauxite (4.5≤Al/Si ＜5.5) price in Shanxi stands at RMB 365 per tonne on Wednesday, 29 April 2020, down RMB 25 per tonne or 6.41 per cent, after remaining flat at RMB 390 per tonne since April 15. The average price is expected to move within a range of RMB 350-RMB 380 per tonne. The average spot alumina price in China has increased to RMB 2183 per tonne on April 29. This marks an increase of RMB 40 per tonne. The prices of alumina in East, Central, and North China markets have risen by RMB 40 per tonne, RMB 45 per tonne and RMB 35 per tonne to stand at RMB 2175 per tonne, RMB 2180 per tonne, and RMB 2185 per tonne. Alumina-South remains unchanged at RMB 2520 per tonne. Australian alumina FOB price stands USD 15 per tonne higher on Wednesday, 29 April 2020. The price stands at...
Bauxite imports by China increased 10.6 per cent in March to total at 10.01 million tonnes from a year ago and also faster than 9.64 per cent growth rate in the January-to-February period, found China’s General Administration of Customs data. In the first two months of the year, China imported 18.4 million tonnes of bauxite. The Republic of Guinea was the leading exporter then, supplying 8.93 million tonnes in two months. In March as well, the Republic of Guinea remained the biggest bauxite exporter to China, with a total supply of 4.45 million tonnes. China’s primary aluminium imports neither lagged in recording a hike in March. The customs data found China’s aluminium imports in March grew 35 per cent year-on-year to 5,409 tonnes. Of this, Russia accounted for 2,600 tonnes, as the...
Romania is a south-eastern European country known for the forested region of Transylvania, ringed by the Carpathian Mountains. The economy of Romania is a fast developing, upper middle income mixed economy with a very high Human Development Index and a skilled labour force. The demand for aluminium in Romania has been showing a positive mark due to the auto industry, electronics, and electrical products industry, etc. The Romanian import market for has been reflecting unsettled during 2017-2019, as the total import volume stood at 4.44 million tonnes and the expenditure remained at $158.53 million. The projected import volume for 2020 stood at 1.37 million tonnes and the foreign revenue expenditure to stand at $54.36 million. When added the figures with the previous three years it...
Rusal has launched the first-quarter production results of 2020, wherein it posted that its bauxite output decreased by 11.2 per cent from the previous quarter to stand at 3.58 million tonnes, attributing to to the suspension of operations of business in Guyana, as announced at the beginning of February 2020. Alumina production also plunged, but lesser than bauxite. Its output stood at 2.01 million tonnes after declining by 1.8 per cent from Q4 2019. The Company’s Russian operations accounted for 35 per cent of the total alumina output. Rusal's aluminium production came in at nearly 940,000 tonnes in Q1 2020, down 0.9 per cent from Q4 2019. The company's Siberian smelters represented 93 per cent of total aluminium output in the said period. Aluminium sales amounted to 914,000 tonnes,...
Motorola Solutions is supporting Rio Tinto to pursue delivery towards its consumers while safeguarding people and communities during the COVID-19 pandemic. The two multinational companies have joined hands to design and roll-out a back-up communications solution for Rio Tinto Aluminium’s Integrated Operations Centre (IOC), in Brisbane, Queensland. The system empowers endured critical communications amid mines during an emergency and was developed and deployed in just five days. The existing IOC provides 24/7 monitoring of all safety, production and quality aspects at remote bauxite mine sites in Weipa, Queensland and Gove, Northern Territory and is essential to coordinating Rio Tinto’s bauxite supply to Australian alumina plants and export markets. If the IOC link becomes unreachable for...
FIMI, the mining body of India, stated that as COVID-19 has hit all sectors, so they have urged the government of India to remove the 15% export duty on non-metallurgical grade bauxite. The shipments of this grade bauxite can bring in additional revenues for the exchequer. Federation of Indian Mineral Industries (FIMI) stated in a letter to Finance Minister of India, Mrs Nirmala Sitharaman: "The spread of COVID-19 pandemic has created an extraordinary and unprecedented situation in the country impacting mining of all minerals including production and exports of bauxite from the state of Gujarat and Maharashtra. Under the current critical situation, the export of non-plant grade bauxite can play a vital role in bringing additional revenue to the country’s exchequer.” The plant grade...
Oldendorff Carriers Guyana Inc (OCGI), headquartered in Germany, declared the closure of its transhipment service in Guyana, post-Rusal’s majority-owned Bauxite Company closed down its operation. As a result of this decision, more than 130 workers were sent home. On 21 st April’20, Oldendorff Carriers Guyana Inc. said: “Unfortunately, OCGI’s customer in Guyana has decided to suspend and mothball its operation in Guyana and thus not to extend the operational contract with OCGI. Consequently, OCGI is forced to wind down operations in Guyana.” OCGI has been performing a barging and transhipments operation for bauxite exports on the Berbice River since 2005, but Oldendorff decided to wind up operations in Guyana after RUSAL sent home about 300 workers due to an unresolved labour dispute and...
Canyon Resources Limited has reportedly appointed a new Chief Financial Officer and Company Secretary named Nick Allan with an immediate effect. The appointment of Mr Allan followed the resignation of John Lewis, the former CFO/Joint Secretary of Canyon Resources. Nick Allan is a chartered accountant and comes with more than 25 years’ experience in commerce, corporate advisory and public practice. He previously worked with several ASX-listed public companies as the chief financial officer and company secretary. Early last month, Canyon had appointed senior bauxite executive Rick Smith as Chief Development Officer of the company. Mr Smith focuses on supply chain, offtake, and strategic partner negotiations for Canyon’s Minim Martap Bauxite Project in Cameroon. He joined Canyon with more...
The fight against COVID-19 is nowadays a global concern, and therefore, a priority for States and socio-professional organizations. Elite Mining Guinea SA offered a large batch of sanitary kits to the National Health Security Agency and food supplies to the communities impacted by its activities in the field. This donation is made up of 100 COVID-19 rapid test molecules for the ANSS, 5 tonnes of rice, 20 boxes of soap and 10 Thermo flashes for the communities impacted by this mining project. Alpha Boubacar Sow, CEO, Elite Mining Guinée SA said: “This humanitarian gesture is part of support desired by the government and respect for social and community partnership.” Alpha Boubacar Sow also said: “In the mines, we have what we call social and community partnership. We cannot evolve in a...
Antam, the Indonesian mining and metal giant, recorded positive operating, sales and financial performance in 2019. Audited sales were Rp 32.72 trillion, up 29.44% from the previous period of Rp 25.27 trillion. The sales were supported by the growth of production level and sales of main commodities. On 17 th April’20 Kunto Hendrapawoko, Antam’s Corporate Secretary stated: "Bauxite commodity also contributed positively to the increase in the Company's revenue. In 2019, the level of bauxite production reached 1.73 million wmt with bauxite sales reaching 1.66 million wmt with a bauxite sales value of Rp 758 billion.” Kunto also said: "As the completion of the acquisition process of the entire shares of PT Indonesia Chemical Alumina (ICA), in 2019, the company has fully consolidated ICA's...
An Anglo-Australian multinational and the world's second-largest metals and mining corporations, Rio Tinto, has released the operational results of the first quarter of 2020, mentioning that its bauxite production has increased year-on-year by about 8 per cent to stand at 13.8 million tonnes. But when compared to the previous quarter, the output has been found decreased by 9 per cent. The growth in the year-on-year production of Rio’s bauxite followed the successful ramp-up of its Amrun mine in 2019 and the 7 per cent increase in third party shipments to 9.5 million tonnes in the first quarter. The company’s aluminium production, on the other hand, has dipped in the first quarter by 2 per cent year-on-year to 0.8 million tonnes, with ISAL operating at 85% capacity in line with our value...
The two pilot bauxite projects in Lam Dong and Dak Nong provinces have remarkably contributed to the Central Highlands' development in recent years. On 16 th April’20, the Prime Minister of Vietnam, Nguyen Xuan Phuc at a meeting in Hanoi said: “This is a premise to consider the expansion of bauxite exploitation and processing in the region.” The meeting focuses to review the 10-year implementation of the Politburo’s conclusion on planning, zoning off for exploration, exploitation and processing of bauxite ore during the 2007-2015 periods, with a vision to 2025. The Tan Rai and Nhan Co bauxite exploitation and processing projects in Lam Dong and Dak Nong provinces started work in 2008 and 2010, respectively. The projects have managed to earn profits since 2017, one year ahead of the time...
Metro Mining Ltd announced that the first ship for 2020 has arrived at Skardon River. The ship, Vialli, commenced loading on the morning of 14 April. This shipment is the first this year to foundation customer Xinfa who will purchase approximately 2.0 Million DMT (dry metric tonnes) under existing offtake arrangements in 2020. Metro Mining Managing Director and Chief Executive Officer, Simon Finnis, said: “This has been an excellent start to the year in trying times amidst all the operational changes we have had to implement to deal with the risk of Covid-19.” “To put the results into context, last year we only had 47,000 WMT mined and hauled prior to the commencement of shiploading activities. Our workforce has had to make adjustments to their working lives, including some who have...
Eurasian Resources Group (ERG), one of the leading producers of diversified natural resources, has declared on 14 th April’20, to shut down one of its bauxite mines for three months. The bauxite mine has been the supply feedstock to its alumina plant in Pavlodar, Kazakhstan. Eurasian Resources Group said in a statement: “The Torgai mining division accounts for 3.4% of the plant’s bauxite supply.” <iframe width="500" height="300" src="https://www.youtube.com/embed/Cim132RgW10" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> ERG also added: “The move was a result of a decline in the prices of alumina and aluminium.” The Pavlodar alumina plant of ERG produces 1.5 million tonnes of alumina per year. Then the alumina...
On 10 th April’20 Fitch Ratings, the leading provider of credit ratings, headquartered in the USA, revised down its sovereign long-term foreign currency rating on Jamaica to stable from positive citing the expected negative shocks of its exports of bauxite, alumina, and remittances due to the “COVID-19” pandemic. Jamaica has been making progress in reducing its government debt-to-gross-domestic-product levels that are still above its rating peers. The rating agency projected the economy to shrink by 4% in 2020 followed by a recovery of 2% in 2020 and thus Jamaica’s B+ rating was asserted. As of 11 th April’20, Jamaica has countered with 69 confirmed cases of COVID-19 and with 4 deaths. The COVID-19 epidemic, emerged from the Chinese city of Wuhan, has caused a global shutdown of...
One of the biggest economies of central Europe is Poland and is also a considerable location for one of the fastest-growing aluminium markets in the region. Poland’s aluminium consumption grew by about 10% in 2018, reaching 1.43 million tonnes. The nation has appeared as a European leader of secondary aluminium products, especially casting alloys. The bauxite import market for Poland remains inconsistent during 2017-20, as the total bauxite import recorded during 2017-19 stood at 161,131 tonnes, whereas the estimated bauxite import for 2020 has been analysed at 67,071 tonnes. The total volume for the 4 years import of bauxite stands at 228,202 tonnes. The bauxite import of Poland in 2017 has been recorded at 45,361 tonnes, whereas the amount paid was $7.09 million. In 2018 the bauxite...
The Queensland Treasury has reportedly informed Metro Mining Limited that the State Government has decided to not exercise veto right regarding the Metro's Bauxite Hills Mine Expansion proposal. In late 2019, the Northern Australia Infrastructure Facility (NAIF) had announced to offer a Loan Facility of up to $47.5 million to Metro Mining for its Bauxite Hills Mine stage 2 expansion to 6 million wet metric tonnes per annum. But the key condition was the Queensland Government’s consideration of the project and its agreement for the approved funds to be advanced. The $4.75 million loan facility is supposed to fund the construction and mobilisation of a floating terminal as part of the stage 2 expansion, which is a critical part of Metro’s medium to long term growth. Metro Mining's Managing...
Aluminum is the world’s second-most-used industrial metal, second only to steel. Mexico’s long-running mining tradition dates back to colonial times, and despite the historically large and continuing importance of the mining industry and the fact that Mexico leads in the production of several metals and minerals. A lack of domestic bauxite mines means Mexico can't make enough aluminium domestically to meet demand, but gradually the bauxite import moves are showing positive for the nation during 2017-20. The total bauxite import by Mexico during 2017-19 stood 270,161 tonnes, whereas the total foreign revenue expended stood at $42.72 million. The bauxite import for 2020 is estimated at 141,678 tonnes, when added to the previous three years it stands at 411,839 tonnes. The Bauxite import of...
