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WEEKLY: Guinea shipments surge but freight costs keep China bauxite spot split, prices pinned in tight band
09 SEPT 20264MINS
Bauxite

WEEKLY: Guinea shipments surge but freight costs keep China bauxite spot split, prices pinned in tight band

China's domestic ore prices held steady last week. In Shanxi, a limited volume of relatively lower-grade domestic ore was concluded under long-term contracts at approximately RMB 530 per tonne. In Henan, the expected increase in domestic ore output has yet to materialise, leaving the supply-demand...

Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
08 SEPT 20263MINS
Bauxite

Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline

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...

07 SEPT 20263MINS
Bauxite

Metro Mining builds bauxite momentum with record output, lower costs and broader sales

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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Shanxi Aluminium restarts construction of its bauxite mining project after a decade halt
26 APR 20191MINS

Shanxi Aluminium restarts construction of its bauxite mining project after a decade halt

According to the latest update from Shanghai Metals Market, State Power Investment Corporation Shanxi Aluminium has recommenced its bauxite mining project in Kuancaoping Town of Ningwu County on Saturday, April 20. The news came after it was released on the Ningwu government website on Tuesday,...

Alufer starts engineering studies to evaluate expansion of Guinea Bel Air bauxite mine
24 APR 20192MINS

Alufer starts engineering studies to evaluate expansion of Guinea Bel Air bauxite mine

Guinea’s independent mineral exploration and development company Alufer Mining has started detailed engineering studies on its Bel Air bauxite mine in Guinea. The study will evaluate its proposed plan to expand bauxite production to ten-million tonnes a year. The company said on Wednesday that the...

Indonesia's Antam to apply for additional bauxite export quotas for 2019
24 APR 20191MINS

Indonesia's Antam to apply for additional bauxite export quotas for 2019

According to a Reuters report, Indonesia’s PT Aneka Tambang (Antam), a mining company owned by the state is planning to request for additional export quotas for nickel ore and bauxite for 2019. This was announced by Aneka Chief Executive Arie Prabowo Ariotedjo on Wednesday. He said that PT Aneka...

Metallica Minerals conducting investigation into barge loading facility to enable bauxite export from Urquhart Project
24 APR 20192MINS

Metallica Minerals conducting investigation into barge loading facility to enable bauxite export from Urquhart Project

The Australia-based minerals exploration company Metallica Minerals Limited (ASX: MLM) announces that it has undertaken an investigation along with its joint venture partner into access arrangements for a barge loading facility (BLF) to allow exporting bauxite from the Urquhart Bauxite Project. The...

Cosco signs ten 210,000 dwt newcastlemax bulkers construction contract with Chalco
22 APR 20191MINS

Cosco signs ten 210,000 dwt newcastlemax bulkers construction contract with Chalco

Chinese state-run shipping giant Cosco has reportedly signed a contract to construct up to ten 210,000 dwt newcastlemax bulkers to support its long-term shipping project with Aluminium Corporation of China (Chalco). This order, consisted of eight firm vessels and two optional vessels, is Cosco’s...

Guinea President will take over the control of  Soguipami for better management of the bauxite sector
22 APR 20191MINS

Guinea President will take over the control of Soguipami for better management of the bauxite sector

The office of Guinean President Alpha Conde has announced that the President will take command of Societe Guinneenne du Patrimoine Minier, known by its French acronym Soguipami, from the mines ministry. Soguipami or the Guinean Heritage Mining Company is a public limited company owned by the...

Future of bauxite and alumina sector looks promising in Jamaica, says Phillip Paulwell
18 APR 20192MINS

Future of bauxite and alumina sector looks promising in Jamaica, says Phillip Paulwell

Jamaica's Member of Parliament Phillip Paulwell opines in the 2019/20 Sectoral Debate in the House of Representatives that the bauxite and alumina sector in Jamaica remains positive as the industry’s future looks promising based on the increasing demand worldwide. He also expressed satisfaction for...

Guyana’s bauxite export estimated to drop by 2.7% Y-o-Y in 2019; Ukraine to be the leading importer
17 APR 20192MINS

Guyana’s bauxite export estimated to drop by 2.7% Y-o-Y in 2019; Ukraine to be the leading importer

According to the report from the Ministry of Finance, the bauxite production in Guyana in the mid-2018 was at 900,000 tonnes, up 21.1 per cent from the same period of 2017 and the highest since 2013. This indicates that momentum in the bauxite industry, which had begun at the end of 2017 continued...

Rio Tinto reports 8% QoQ rise in bauxite production in Q1 2019
16 APR 20191MINS

Rio Tinto reports 8% QoQ rise in bauxite production in Q1 2019

Rio Tinto announced first quarter 2019 production results. Bauxite production stood at 12.8 million tonnes in Q1 2019, up one per cent from the same period of 2018. “Increased production capacity following the expansion of Amrun in Queensland was partly offset by weather events throughout the...

Bauxite price in Henan drops RMB10/t; A00 ingot price registers a decline
15 APR 20191MINS

Bauxite price in Henan drops RMB10/t; A00 ingot price registers a decline

The average Bauxite (4.5≤Al/Si<5.5) price in Henan stood at RMB430 per tonne on Monday, 15 April 2019, down RMB10 per tonne from RMB440 per tonne. The average price is expected to range between RMB390-470 per tonne. Prices of bauxite remain unchanged in all the three major China markets (Shanxi,...

Bald Hill mine produces and stockpiles 31,600 tonnes of bauxite at Bell Bay port ahead of schedule
12 APR 20192MINS

Bald Hill mine produces and stockpiles 31,600 tonnes of bauxite at Bell Bay port ahead of schedule

Australian Bauxite Limited had produced 31,600 tonnes of bauxite from its Bald Hill mine as reported on Monday 9 April. With this, the company has achieved the target of 30,000 to 33,000 of cement-grade bauxite 3 weeks before the contract date of 1 May 2019. Production still continues at the Bald...

Canyon Resources discovers 70 additional bauxite plateaux using LiDAR survey
12 APR 20192MINS

Canyon Resources discovers 70 additional bauxite plateaux using LiDAR survey

Seventy additional bauxite plateaux have been recently discovered by Canyon Resources Limited across three permits at Minim Martap project, according to Proactive Investors report. Canyon used a light imaging, detection and ranging (LiDAR), and high-resolution ortho-photographic survey to identify...

Metro Mining Ltd. restarts bauxite mining with strong anticipation of an increase in demand
11 APR 20192MINS

Metro Mining Ltd. restarts bauxite mining with strong anticipation of an increase in demand

As the wet season in Australia from November 2018 to April 2019 comes to an end, Metro Mining Limited has reportedly geared up and resumed bauxite mining at the Bauxite Hills Project in Far North Queensland. The company this year expects to be able to build on the success of its first operation...

Lindian Resources inks agreement with KB Bauxite to acquire Gauoal Bauxite Project
11 APR 20192MINS

Lindian Resources inks agreement with KB Bauxite to acquire Gauoal Bauxite Project

Lindian Resources announced that it signed an exclusive option agreement with KB Bauxite Guinea Sarlu and its sole shareholder Guinea Bauxite Pty Ltd, in a bid to acquire the Gauoal Bauxite Project. The project spanning over 332 square kilometres is strategically located close to essential...

Fluor sets 450 tonnes rotating assembly at GAC’s bauxite mine project
05 APR 20191MINS

Fluor sets 450 tonnes rotating assembly at GAC’s bauxite mine project

The Guinea Alumina Corporation’s (GAC) bauxite mine project has reportedly achieved a major construction milestone. Engineering and construction firm Fluor Corporation, which has been serving as the African project’s engineering and programme management partner, has safely set the car dumper...

NALCO achieves ever-highest bauxite production at Panchpatmali Mines in FY2018-19
04 APR 20192MINS

NALCO achieves ever-highest bauxite production at Panchpatmali Mines in FY2018-19

National Aluminium Company Limited (NALCO) has posted its year-round achievements for fiscal 2018-19, where it mentioned about recorded capacity production of bauxite at Panchpatmali Mines totalling 74.14 lakh tonnes, which is the highest since inception. The transportation of the ore has also been...

US bauxite imports registered a rise of 1.5% in 2018; Jamaica remained top bauxite exporter
04 APR 20192MINS

US bauxite imports registered a rise of 1.5% in 2018; Jamaica remained top bauxite exporter

According to the latest US Geological Survey report, the US imported about 4.5 million tonnes of bauxite in 2018, up about 1.5% from 2017. When we look at the figures of last five years, we can observe the sharply declining trend. From 11.8 million tonnes in 2014, the volume dropped to 4.5 million...

Australian Bauxite executes MoU with Tianshan Aluminium for the sale of bauxite
03 APR 20191MINS

Australian Bauxite executes MoU with Tianshan Aluminium for the sale of bauxite

Australian Bauxite Limited has announced that the company has executed a memorandum of understanding (MOU) with Tianshan Aluminium for the supply of 0.5 to 1.5 million tonnes of bauxite per year from Binjour Project, Queensland. Australian Bauxite’s Marketing Partner, Rawmin Mining and Industries...

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