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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Romania’s bauxite import reduced 4% year on year in 2017. The country purchased 1.32 million tonnes of bauxite from the global market, from 1.38 purchased in 2016.Sierra Leone’s bauxite export to Romania in 2017 declined by 4% year on year. The export volume for 2017 was estimated at 1.31 million...
Alufer Mining of Guinea has delivered its first Capesize shipment of bauxite with a volume of 203,009 tonnes, to the Port of Qingdao, in China. Alufer is an independent mineral exploration and development company with significant bauxite assets in the Republic of Guinea. The bauxite will then be...
Ghana can now access US$ 649 million as the first tranche of the 2 billion dollar Sinohydro infrastructure. In exchange, the country will have to deliver bauxite to China. Mr. Oppong Nkrumah, the Minister of Information, announced the news while addressing journalists at the bi-weekly media...
Finance and Public Service Minister of Jamaica, Dr Nigel Clarke said during a parliamentary sitting that Jamaica Bauxite Institute (JBI) has received nearly US$1 billion in budgetary support from the Capital Development Fund (CDF) over the last five years. The House approved the withdrawal of...
Fluor Corporation confirmed on Monday, November 19, that Compagnie des Bauxites de Guinée (CBG) achieved first ore at its Bauxite Production Expansion Project in Kamsar. The project reportedly achieved the first ore safely, on budget, and on schedule. Fluor is a global engineering, procurement,...
The state-run National Aluminium Company Limited has reportedly decided to bid at the auctions of 21 bauxite blocks to be put up for allocation by the governments of Jharkhand, Chhattisgarh, and Madhya Pradesh. According to the report, Nalco will put in bids for captive consumption and start...
Canyon Resources Ltd. discovered a cluster of high-grade, low-containment bauxite trend within its existing resource at Minim Martap Project in Cameroon, said the company’s chief geologist Alexander Shaw. The company reportedly identified this bauxite trend through detailed analysis of remote...
According to an official of the Geological Survey of India (GSI), the remote region of North-east India has mineral reserves worth more than INR 10 lakh crore. However, these mineral reserves which are found in the land-locked region have not been explored. According to Tapan Pal, Director, PSS,...
The Ministry of Finance and the Public Service has now advised Auditor General Pamela Munroe Ellis that Chinese outfit Jinquan Iron and Steel Company, which operates the Alpart plant in St Elizabeth, has been granted a waiver of the bauxite production levy for five years. Munroe Ellis had raised...
An Australian bauxite developer Metallica Minerals Ltd. reportedly announced today, on November 9, that it signed an agreement that would allow the construction of a haul road to link Metallica’s Urquhart Bauxite project and the barge loading facilities at the nearby Hey Point in Queensland. This...
Emirates Global Aluminium announced the arrival of two SD40-2 shunting-locomotives that will be used on its under-construction bauxite mining project in in Guinea. The locomotives will be used to move rail wagons around Guinea Alumina Corporation’s loading area at its mine location and at its...
Metro Mining Ltd will increase bauxite production from Bauxite Hills Mine to 3.5 million wet metric tonnes to meet customer demand. The company plans a series of initiatives and will be predominately implemented in Q1 of 2019 during the planned wet season shutdown at Bauxite Hills and long lead...
The Australia-based bauxite explorer Canyon Resources announced on November 5 that it appointed a leading mining entrepreneur Mr. Tolga Kumova, who ranked no. 26 on Financial Review’s Young Rich List this year, for the role of strategic advisor. As per the job role assigned, Mr. Kumova will help...
Bauxite prices in China’s major market slid by RMB 10 per tonne on Monday, November 5 after remaining unchanged for a week, Shanghai Metals Market data showed. Bauxite (6.0≤Al/Si＜7.0) Shanxi price is ranging at RMB 560-600 per tonne, Bauxite (4.5≤Al/Si＜5.5) Shanxi is within RMB 470-510 per tonne,...
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...
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...
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...
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...
