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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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
The main minerals mined in Sierra Leone other than bauxite are diamonds, rutile, gold, iron and limonite, though diamond mining makes the highest revenue in the overall mining sector. Diamond mining in Sierra Leone has been seen as one of the key factors for instability in the country and one of...
Ghana Center for Democratic Development (CDD-Ghana) declared that: “outbreak of COVID- 19 is currently hitting Ghana’s economy as there are indications that aspects of the Sinohydro deal will be delayed.” CDD-Ghana has raised concerns regarding the need for the government to initiate socio-economic...
Aumund Fördertechnik GmbH, the German-based producer of conveying technology will be delivering an arched plate conveyor to Mytilineos S.A. in Agios Nikolaos on the Gulf of Corinth (Greece). The location, at which the Mytilineos metallurgy and technology group operates a plant, produces aluminium...
National Aluminium Company Limited (NALCO), on 01 st April’20, declared in a statement that it has recorded a three-sixty degree success in bauxite and alumina productions in the fiscal year 2019-20. The company has utilized its full capacity at Panchpatmali mines and achieved bauxite production of...
