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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According to a Wall Street Journal report, Chinese Cosco Shipping Cop. is in discussion with shipyards in China to order about 25 large ships to ship bauxite from the West African country of Guinea to China for using in the alumina refineries. The development is an extension of a plan by state aluminium major Aluminum Corp. of China (Chalco) to invest US$700 million in Guinea’s Boffa bauxite project to secure supply of the raw material over the next decade. Cosco is working towards increasing its fleet on the back of a long-term contract it signed with Chalco to move bauxite to China from Guinea. Guinea has the potential to be the largest Bauxite supplier in the world with 7.4 billion bauxite reserve which is about 25% of the world’s total bauxite reserves. The country accounts for 95% of...
WZ Satu Bhd has reported results for the fourth quarter ended Aug 31 and blamed overrunning costs at two big projects and a huge damage incurred in the group’s mining business due to mining ban in Malaysia for the losses made in this quarter. WZ Satu Bhd which started as WZ Steel Berhad and assumed the present name on 30 October 2013, slowly transformed itself into a diversified group with multiple revenue streams. The Group is now diversified into Oil and Gas Industry, Civil Engineering and Construction and Mining. The company has ventured into bauxite mining in Pahang via its associated companies i.e. SE Satu Sdn Bhd and SE Satu Pelangi Sdn Bhd. For the fourth quarter ended Aug 31, WZ Satu posted a net loss of RM77.6mil and revenue of RM116.8mil. The report submitted at Bursa Malaysia...
Aluminium Corporation of China Limited, known as Chalco, officially announced on its website on Monday, October 29, that it started the construction work of its Boffa bauxite mine in Guinea. According to the Reuters report, the company held the groundbreaking ceremony on Sunday, October 28, at morning local time in Guinea. As per the plan, the first phase of the project will produce 12 million tonnes of bauxite in a year, which will go to Chalco's alumina refineries in Shandong and Guangxi. Upon full operation, Chalco is expected to be capable of providing 75 per cent of bauxite as raw materials. The Boffa mine has an estimated 1.75 billion tonnes of bauxite reserves, allowing sustainable exploitation for over 60 years, Chalco said. At the beginning of June Chalco had entered into an...
With the year-on-year increasing demand for aluminium all around the globe, Germany is reportedly heading towards the hike in aluminium production. According to the German Association of the Aluminium Industry (GDA), the country during the period January to June 2018 produced some 666,700 tonnes of raw aluminium, marking a growth of 0.9 per cent from the corresponding period last year. The raw aluminium production comprised 268,200 tonnes of primary aluminium and 398,500 tonnes of recycled aluminium. Trimet and Hydro are the two notable smelters in Germany that have an annual aluminium production capacity of approximately 305,000 tonnes and 230,000 tonnes, respectively. {newsStudioGallery} This indicates that the country imports a significant amount of bauxite from various parts of the...
Bauxite Resources Ltd (BRL) has released its September 2018 Quarterly Report. The report updates on its ongoing projects and future plans. The company continued work on silica sand projects at Albany, Esperance and Gingin and hard-rock quartz projects in Halls Creek, South West WA and Far North Queensland. The Company is seeking Joint Venture partners to assist in fast tracking the development and funding of the Silica Sand Projects following a high level of interest for potential offtake. The company also continued to evaluate the potential for economic development on the bauxite mining joint venture with HD Mining. The current bauxite resource base under the JV is 93.2Million tonnes Inferred Mineral Resource and 1.5Million tonnes Indicated Mineral Resource. The JV requires HD Mining to...
On releasing Norsk Hydro’s third quarter results, the company’s president and CEO Svein Richard Brandtzæg said, "The third quarter reflected our continued challenges at Alunorte and increased raw material costs, while higher aluminium and alumina prices, as well as strong Energy results, contributed positively. The market for aluminium is tightening, and we expect the 2018 global primary market in deficit." Underlying earnings before financial items and tax increased to NOK 2,676 million in the third quarter, up from NOK 2,446 million in the corresponding period last year, reflecting higher all-in aluminium and alumina prices, positive currency effects and strong contribution from the Energy business area. But continued production curtailment at the Alunorte alumina refinery and increased...
Australian Bauxite Limited (ABx) revealed yesterday that its wholly-owned subsidary ALCORE Limited recently completed the design phase of its Stage 1 project to produce aluminium fluoride (AlF 3 ), putting it ahead of the firm’s original production schedule. Per ABx’s press release, ALCORE is now in the process of purchasing equipment for the project, which it expects to begin production by year’s end. Construction at the site began in July in New South Wales, Australia, where the company plans to produce AlF 3 samples for shipment to certain aluminium smelters. In addition to AlF 3 production, ALCORE intends to begin production of Corethane, a pure hydrocarbon powder for use in place of other, more polluting hydrocarbons. Ian Levy, ABx’s CEO, greeted the news as a positive step in the...
Global miner Rio Tinto announced production results for the third quarter of 2018. The company’s bauxite production in Q3 2018 was one per cent lower than the corresponding quarter of 2017, with strong production at Weipa offset by lower production at the non-managed Sangaredi and Porto Trombetas (MRN) mines. Rio Tinto produced 12.7 million tonnes of bauxite in the third quarter of 2018. The company said the production at Sangaredi was 24 per cent lower than the third quarter of 2017 due to tie-in works required to complete expansion works, whilst production was partly curtailed at MRN as a result of the declaration of force majeure at Norsk Hydro’s Alunorte alumina refinery. The company shipped 8.4 million tonnes of bauxite to third parties in Q3 2018, 2% higher than Q3 2017 due to firm...
Croatia’s import of bauxite from the global market is estimated to drop 3.46 per cent year on year in 2018. Turkey continued to remain the top bauxite supplier to Croatia throughout 2017.According to recent statistics, bauxite import by the country from Turkey stood at 43620 tonnes in 2017, up 17 per cent from the previous year. The total bauxite import by Croatia from Turkey in 2016 was 37200 tonnes. Bauxite export BY Turkey is estimated to rise to 42818 tonnes in 2018. In 2017, Croatia imported 24317 tonnes of bauxite from Greece (down from 28554 tonnes in 2016), 9838 tonnes from China (down from 12405 tonnes in 2016), and 9980 tonnes from Bosnia Herzegovina (up from 4968 tonnes in 2016). According to the international import-export statistics, Croatia imported about 88907 tonnes of...
Metro Mining has published a detail operational report for the September quarter. Total September quarter shipments totalled 822,000 tonnes, more than double the amount shipped in the June quarter (399,000t). The Bauxite Hills mine operated close to budgeted monthly production and shipping levels during the September quarter. The company continued to focus on optimising the mining, haulage and transhipment of products in order to improve efficiency and maximise bauxite production and shipment. The company achieved excellent progress and sees several opportunities coming for Q4 2018 and the 2019 operating year. Stockpiles of oversize bauxite totalled 46kWMT by the end of September quarter which is in line with expectations. The stockpile is ready to be crushed and shipped during the...
Project generator Altus Strategies has agreed to sell off its 50% stake in the Birsok bauxite project in Cameroon. The company generated £3 million (US$3.96 million) in shares and a US$1.50 per tonne royalty. Canyon Resources bought the 50% stake in the project and became the existing joint venture partner on the Cameroonian bauxite project. The company’s strategy is to develop early stage projects, put them into joint ventures and sell out to make profit. The CEO Steve Poulton expressed his pleasure at the success of the strategy. "Our agreement with Canyon further validates our project generator business model, generating returns from exploration, while growing a portfolio of potential high value royalty income streams," he said. Altus expects the sale agreed upon through a letter of...
Australian Bauxite Ltd (ASX:ABX) marketing and investor relations manager Julie Young speaks to Proactive Investors about the bauxite producer’s operations and the development of its patented process technology. The patented technology is held by ABX subsidiary ALCORE Limited and can convert raw bauxite – which sells for about US$50 a tonne – to high-grade products, which command a price of about US$1,000 per tonne. “With ALCORE, we have 4 interested customers – we’ve proceeded to a production plant for ALCORE and we will be sending out at the end of year samples to our 4 interested parties for them to be able to assess our product which is basically aluminium fluoride,” Young says. She continues, “aluminium fluoride is utilised in aluminium smelters and also will be utilised in...
The imports of bauxite by Czech Republic have been fluctuating for the last three years. Bauxite imports in 2017 were 29282 tonnes, 43% less than 51577 tonnes in 2016. The country’s total bauxite import in 2018 is expected to reach 31514 tonnes, registering a growth of 8 per cent from 2017. {newsStudioGallery} According to recent estimates, in the first quarter of 2018, Czech Republic’s bauxite import reached an estimated total of 8,061 tonnes. The value of import stood at USD 1.3 million in the mentioned period. Bauxite import by the country declined 6.5 per cent to 7,536 tonnes in the second quarter of 2018. Czech Republic imported USD 1.2 million worth of bauxite in Q2 2018. The country’s bauxite import increased in the third quarter of 2018.The estimated bauxite imported reached 7,771...
Emirates Global Aluminium, an aluminium conglomerate equally owned by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai, has announced that it expects first export from its bauxite mine in Guinea to take place in the second half of 2019. The announcement came following the arrival of stacker reclaimer for the project, which would be used to stack bauxite ore and reclaim and place ore on a conveyor system for transport along GAC’s pier to waiting barges. EGA’s subsidiary Guinea Alumina Corporation (GAC) for the last four decades is developing a bauxite mine and associated export facilities in Boké province in the largest greenfield investment in Guinea. Currently, more than 3,000 people i.e. over 80 per cent Guineans are involved in building the project worth...
France’s bauxite import is found growing quarter-on-quarter this year for feeding its domestic alumina refineries. Alteo is one of the leading producers of non-metallurgical alumina in France. The company has three alumina refineries in France: the alumina refinery in Gardanne, a white fused alumina facility in La Bâthie and a brown fused alumina plant in Beyrède. Being one of the world leaders in specialty alumina production, Alteo is known for offering a wide range of products. It is formed after divestment of the specialty alumina group by Rio Tinto, with the production capacity of 635kT per year. According to the global export-import data, France in the first quarter of 2018 imported 425,903 tonnes while that in Q1 2017, the country had secured 385,537 tonnes. This shows that France’s...
Australian mineral exploration company Lindian Resources Limited (Lindian) has received three mining licences from the Tanzania Mining Commission over Lushoto Bauxite Project in Tanzania. The granted licences PL 11176/2017, PL 11177/2017 and PL 11178/2018 cover an area of 53.2 km² and include the high-grade alumina low silica Magamba Bauxite Deposit. The granting of these licenses allows the company to proceed with a low cost, high impact auger drilling program and continues discussions with potential strategic farm-in and strategic offtake partners. Asimwe Kabunga, Chairman of Lindian Resources said:“This is an outstanding development for the company and the granting of these highly prospective bauxite licences adds considerable value to the its portfolio. We have wasted no time, with...
The Guinean government is ensuring that bauxite mining companies working in the country do not harm the environment, Prime Minister of the Republic of Guinea Ibrahima Kassory Fofana told Sputnik regarding a recent rights watchdog report on the dangers of such mining. The Human Rights Watch organization on Thursday issued a report on the dangers of bauxite mining operations which take over farming land and threaten the environment. "In the process of implementation you take action to make sure that the company is really standing by the commitment to respect the environmental issue. That is the only way a government can do. Study first and then control. There are penalties staring from financial payment to closing of the mining company operations," the prime minister said on the sidelines...
According to a press update from Metro Mining, in mid-September, Bauxite Hills shipped its one millionth tonne of ore since the commencement of operations in April 2018 representing an excellent operational achievement.By the end of September total shipments stood at 1.22 million wet metric tonnes. Total September quarter shipments totalled 822,000 tonnes, more than double the amount shipped in the June quarter (399,000t). Record bauxite shipments of 297,000 tonnes in August raised the full year shipment guidance to 2.4WMT. Bauxite was shipped to five different Chinese customers including Metro’s foundation customer, Xinfa Aluminium. The quality of bauxite as confirmed by their clients is similar to the bauxite mined from the Weipa region. Metro remains on track to meet its 2018 (calendar...
