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Corporate Office: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160

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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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Metro ships one million tonnes of bauxite from Bauxite Hills Mine
21 SEPT 20182MINS

Metro ships one million tonnes of bauxite from Bauxite Hills Mine

Metro Mining has shipped one million tonnes of bauxite from its Bauxite Hills Mine north of Weipa since mining operations commenced. The millionth tonne of bauxite was loaded aboard the bulk carrier ISA OLDENDORFF as part of a 60,000 tonne shipment bound for Metro’s foundation customer Xinfa Group....

China’s bauxite import grows 8.4% M-o-M in August on higher demand from Yunnan provinces
20 SEPT 20182MINS

China’s bauxite import grows 8.4% M-o-M in August on higher demand from Yunnan provinces

China Customs data reveals that increased bauxite exports by Guinea to China after the rainy season has rebounded China’s bauxite imports in August. As per the data, China imported 7.89 million tonnes of bauxite in August, 8.4 per cent up from 7.28 million tonnes in July. China Customs data found...

Metminco Limited to acquire Sunshine Metals and its nickel-bauxite projects in Solomon Islands
20 SEPT 20182MINS

Metminco Limited to acquire Sunshine Metals and its nickel-bauxite projects in Solomon Islands

Metminco Limited has announced it has entered into a binding agreement to acquire 100% of shares of Sunshine Metals Ltd. Sunshine Metals holds 80% of the Jejevo Nickel Project on Santa Isabel Island and an 80% interest in an early stage bauxite prospect — the Tausere bauxite Project, on the...

Solomon Islands’ bauxite export dropped 16% from last quarter in Q2 2018
19 SEPT 20182MINS

Solomon Islands’ bauxite export dropped 16% from last quarter in Q2 2018

According to the international export-import statistics, bauxite export from Solomon Islands is estimated to stand at 1.9 million tonnes in 2018, up 19 per cent YoY. The country has a great potential of bauxite. China is the largest bauxite market for the country. On a quarterly basis, Solomon...

Minister of Transport and Mining defends bauxite mining deal with New Day Aluminium
19 SEPT 20182MINS

Minister of Transport and Mining defends bauxite mining deal with New Day Aluminium

Jamaica’s Minister of Transport and Mining Hon. Robert Montague defended the bauxite mining deal that Jamaican Government signed with New Day Aluminium at the parliament. He said that when New Day/ DaDa Holdings, LLC (New Day) acquired 49% stake in the Noranda Jamaica Bauxite Partnership in Jamaica...

Metallica and Melior sign agreement to create diversified Queensland mining company
14 SEPT 20182MINS

Metallica and Melior sign agreement to create diversified Queensland mining company

Metallica Minerals and Melior Resources on Thursday, September 13, announced that they signed an agreement together to create a diversified Queensland mining company with the aim to boost near-term production potential and the future growth opportunities. Metallica Minerals Ltd. is an Australian...

Australian Bauxite Limited announces half yearly report
13 SEPT 20182MINS

Australian Bauxite Limited announces half yearly report

Australian Bauxite Limited (ABx) has announced the company’s half yearly report on September 12, noting each of its activities during the period. The most notable one is its incorporation of ALCORE Limited as a wholly owned subsidiary to fund and manage the ALCORE project of developing aluminium...

US bauxite import in second quarter 2018 up QoQ and YoY; Jamaica continues as top bauxite supplier
12 SEPT 20183MINS

US bauxite import in second quarter 2018 up QoQ and YoY; Jamaica continues as top bauxite supplier

According to the latest USGS release on Bauxite and Alumina in the Second Quarter 2018 , imports of crude and dried bauxite by the U.S. in Q2 2018 were 917,000 tonnes, 41% more than the volume of 651,000 tonnes in the first quarter of 2018. On a YoY basis, import of bauxite is up 13% from the...

Viet Phuong Group inks bauxite processing agreement with Lao Government
12 SEPT 20182MINS

Viet Phuong Group inks bauxite processing agreement with Lao Government

On September 11, 2018, Viet Phuong Group (VPG) of Vietnam reportedly inked a contract with the Lao Government for exploiting and processing bauxite ore and building an alumina factory in Sekong province of Laos, in presence of VPG General Director Phuong Minh Hue. Hue thanked the authorities of...

Pahang government not to issue bauxite export licenses if moratorium violated
11 SEPT 20182MINS

Pahang government not to issue bauxite export licenses if moratorium violated

Water, Land and Natural Resources Minister Dr Xavier Jayakumar said in a statement on September 10, 2018 that the Pahang government will not issue export licenses to any firms that violate the moratorium period. He said the ministry had been informed illegal bauxite mining activities were taking...

Jamaica Government signs new bauxite mining agreements with New Day Aluminium
10 SEPT 20183MINS

Jamaica Government signs new bauxite mining agreements with New Day Aluminium

On Thursday, September 6, Jamaica Government signed a new mining agreements with New Day Aluminium (Jamaica) Limited, which is affiliated to Dada Holdings LLC and acquired Noranda's stake in the St Ann Bauxite Limited in 2016. The agreement secures protection of the Cockpit Country and thousands of...

Govt to issue temporary APs for miners to clear existing bauxite stockpile in Pahang
08 SEPT 20182MINS

Govt to issue temporary APs for miners to clear existing bauxite stockpile in Pahang

The government has agreed to issue temporary approved permits (APs) to the relevant firms to export and clear the remaining stockpile of the ore located in Pahang. Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar said the decision came after talks between the ministry and the...

Vedanta for the first time receives bauxite from Kodingamali mines, hopes to get more
05 SEPT 20182MINS

Vedanta for the first time receives bauxite from Kodingamali mines, hopes to get more

After managing to run 2 million tonnes per annum refinery for past 10 years with bauxite sourced from several parts of the state and abroad, the aluminium major The Vedanta Limited for the very first time received the raw material from OMC’s Kodingamali mines recently, reported Vedanta’s external...

China’s bauxite import records M-o-M plunge by 2.2% in July on lowered arrival from Guinea
04 SEPT 20182MINS

China’s bauxite import records M-o-M plunge by 2.2% in July on lowered arrival from Guinea

China’s bauxite imports found decreased in July by China Customs from a month ago as rainy season lowered the supply from Guinea. {newsStudioGallery} Data showed China imported a total volume of 7,280,000 tonnes of bauxite in July, compared to 7,440,160 tonnes in June. This means the volume dropped...

Pahang miners urge government to lift moratorium on bauxite mining
04 SEPT 20182MINS

Pahang miners urge government to lift moratorium on bauxite mining

Mining operators have urged the state government to allow bauxite mining activities after the moratorium end on December 31, 2018. LLT Group (Malaysia) Sdn Bhd, director Datuk Seri Abdul Rahim Abdul, said a set of standard operating procedure (SOP) for bauxite mining activities have been handed to...

Canyon upgrades bauxite resource for its Minim Martap bauxite project
04 SEPT 20182MINS

Canyon upgrades bauxite resource for its Minim Martap bauxite project

Canyon Resources Limited has reportedly upgraded the JORC 2004 resource for its Minim Martap Bauxite Project in the Adamawa region of Cameroon, alongside Canyon’s existing Birsok Bauxite Project, to a JORC 2012 compliant resource. The resource has 550 million tonnes of an average grade of 45.5 per...

Ghana signs $2 billion Bauxite deal with Sinohydro Corp in China
03 SEPT 20182MINS

Ghana signs $2 billion Bauxite deal with Sinohydro Corp in China

Ghana’s President Nana Akufo-Addo has announced the signing of $2 billion Master Project Support Agreement (MPSM) between the Government of Ghana and Sinohydro Corporation Limited. The agreement was signed during a state visit to China by President Nana Akufo-Addo. Under the deal Sinohydro will...

Metro Mining signs new binding contract with SPIC for delivery of 300 thousand tonnes of bauxite
03 SEPT 20182MINS

Metro Mining signs new binding contract with SPIC for delivery of 300 thousand tonnes of bauxite

Metro Mining Ltd has signed a new binding contract with China’s state-owned State Power Investment Corporation Aluminium and Electric Power Investment Co. Ltd (SPIC) for the delivery of 300,000 WMT (+/- 10%) of bauxite in calendar year 2018.The company said that the demand for Bauxite Hills ore...

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