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 United States Forestry Service (USFS) has reportedly warned the Ghana government to be careful with its plan of bauxite mining in Atewa forest reserve, which is one of largest surviving rainforests in Ghana and considered to be one of the three areas for bauxite mining. The other areas are...
The Port Authority of Bundaberg will reportedly support Australian Bauxite Limited (ASX: ABx) in investigating the opportunity to export bauxite in bulk tonnages through the port itself. On May 29, the Port Authority and ABx signed a memorandum of understanding (MoU) that gives an access to the...
Emirates Global Aluminium’s (EGA) wholly-owned subsidiary Guinea Alumina Corporation (GAC) has secured Guinea’s largest-ever project financing for its greenfield bauxite mining project in the West African country, which is expected to lift up Guinea’s economy significantly. The total US$750 million...
Rio Tinto’s Amrun bauxite mine was announced winner of the ‘Best Company Indigenous Procurement Initiative Award’ at the Queensland Resources Council (QRC) Indigenous Awards in Brisbane on Monday. The $2.6 billion Amrun recently transitioned from a construction project to a fully operational...
According to the latest data from China Customs, China’s imports of bauxite increased 24.5 per cent from a month ago to stand at 9.77 million tonnes in April 2019. Bauxite imports in April rose 68.2 per cent from the same period previous year. China’s bauxite import registered 35.9 per cent growth...
The average Bauxite (6.0≤Al/Si ＜7.0) price in Henan increased from RMB 500 per tonne to RMB 530 per tonne on Monday, 27 May 2019. This records a growth of RMB 30 per tonne or 6 per cent. The average price is expected to stay within a range of RMB 510-RMB 550 per tonne. The average Bauxite...
Metro Mining conducted its Annual General Meeting (AGM) on Thursday, 23 May 2019. The company’s Chairman Stephen Everett and Managing Director and Chief Executive Officer Simon Finnis addressed shareholders at AGM in Brisbane, Queensland. Metro’s gross profit from the Bauxite Hills Mine for the...
Ghana has been focusing towards developing its bauxite sector into a full-fledged aluminium industry and looking for domestic and international investors. The Ghana Integrated Aluminium Development Corporation (GIADEC) has started the process towards the engagement of strategic investors in...
Metro Mining Limited has responded to Chinese media reports about the temporary closure of Alumina refinery capacity following environmental audits by Chinese authorities. According to reports, Xinfa Group’s Shanxi Jiaokou Refinery is one plant impacted by the closure. Xinfa source 100 per cent of...
The Rigel ship arrived at the port of Yantai in China last week carrying 300,000 tonnes of bauxite loaded at the port of Boké in Guinea. The Consortium and the shipping industry have considered the arrival of this bauxite shipment in China as a new record in terms of tonnage for bauxite transport....
According to the latest report from Consultancy group Fitch Solutions, Australia is set to drive growth in the global bauxite sector, currently holding 12 of the 29 new bauxite projects. Rio Tinto’s Amrun project is expected to drive Australia’s global bauxite business. “While bauxite accounts for...
Global bauxite production is expected to rebound this year with new projects coming up in Guinea and Australia and with some expansions across India and Indonesia. Consultancy group Fitch Solutions notes that Australia is currently holding 12 of the 29 new bauxite projects, which is more than any...
On May 8, 2019, Australian Bauxite Limited (ASX:ABx) confirmed that it produced and loaded 32,447 tonnes of cement-grade bauxite onto the customer’s ship at Bell Bay Port. This was in the upper range of the contracted tonnage target of 30,000 to 33,000 of cement bauxite grade which ABX had achieved...
The Energy and Mineral Resources Ministry of Indonesia has officially cancelled the export permits of five mining companies as they failed to show progress in developing smelters as per the prevailing laws and regulations. The five mining companies are PT Surya Saga Utama, PT Genba Multi Mineral,...
Bauxite import by Ukraine has been recording a steady growth year over year since 2016. According to our third-party data, Ukraine had imported an estimated amount of 3.2 million tonnes in the said year, which in 2017 had risen to 4.8 million tonnes. Therefore, in 2017, Ukraine’s bauxite import had...
Guinea government is focusing on increasing its energy production capacity by about four fold over next six years in order to help bauxite mining companies refine their bauxite locally, an announcement from the energy minister recently stated. Guinea is Africa’s biggest producer of bauxite and the...
The international SMB-Winning consortium which is building a railway service for Guinea bauxite industry investing US$3 billion made the announcement on Friday that Guinea’s new railway line will be ready to transport bauxite by June 2021. The project also aims to exploit new bauxite deposits in...
According to Shanghai Metals Market, the price of Bauxite(6.0≤Al/Si＜7.0)Shanxi has recorded a fall today, April 30, by RMB 10 per tonne to stand at RMB 540 per tonne. January 1, 2019, was the last time when Bauxite(6.0≤Al/Si＜7.0)Shanxi price had recorded a fall from RMB 570 per tonne to RMB 550 per...
