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 National Aluminium Company Limited (Nalco), a government of India Enterprise and Navaratna Company, has come forward for bauxite mining in the agency area of Visakhapatnam district, along with a plan to set up an aluminium plant. Minister of state for mines Haribhai Parthibhai Chaudhary...
Australian Bauxite Limited told the ASX wholly owned subsidiary ALCORE Limited would have the world rights for refining with its ALCORE technology. It said the technology aimed to refine raw bauxite to produce aluminium fluoride and other valuable co-products. "... in the longer term, these global...
According to an update from the office of Chhattisgarh Mineral Development Corporation (CMDC) the organization has started the tendering process for carrying out detailed exploration of different Bauxite and Iron Ore blocks in the State. The Corporation has also started processing tender for...
General Manager of Ghana Bauxite Company, J.K Fang, has said that despite various operational challenges, the company managed to register profits for the first time in bauxite mining for two years. Ghana Bauxite Company is facing allegations that the company is hiding facts to evade tax payment to...
Followed by the announcement to extend bauxite mining moratorium through December in Malaysia, Minister of Water, Land and Natural Resources Dr. A. Xavier Jayakumar said the Pahang State government would be the one to decide on whether to lift the moratorium or not in the future. Speaking to...
After a month of uncertainty over bauxite mining, when the mining moratorium period officially ended on June 30, the Malaysian government announced it has extended its 2016 moratorium on bauxite mining until the end of 2018, as large stockpiles of bauxite in the ports still remain to be cleared....
Rio Tinto has released its H1 2018 financial results on August 1, 2018. The Aluminium group’s underlying EBITDA increased by ten per cent compared with H1 2017, driven significantly by higher bauxite volumes and stronger pricing. Rio Tinto’s H1 bauxite production of 25.9 million tonnes was up 7%...
Metro Mining releases its June Quarterly activity Report. The Bauxite Hills Mine was successfully commissioned during the June quarter. The company reported a bauxite sales of 399kt generating A$25.2m of revenue for the quarter and recorded its first monthly profit in June. Six Ocean Going Vessels...
The Energy, Technology, Science, Climate Change and Environment Ministry has not made any statement yet on behalf of the government over the issue of bauxite moratorium after it officially ended on June 30, 2018, reported Paya Besar Member of Parliament Mohd Shahar Abdullah. He said he would bring...
Bauxite Resources Limited has published its June 2018 Quarterly Activities and Cashflow report with updates on its exploration activities, takeover bid and cash flows. The report confirms that that proposed proportional off-market takeover bid of BRL by Mercantile OFM Pty Ltd closed on 30 June...
Australian Bauxite on Tuesday, July 24, reported that its subsidiary ALCORE received the minimum funding to start Stage 1 of the project. Site construction works started in July at the pre-approved pilot plant site in New South Wales, as per the plan, for the production of aluminium fluoride...
Ghana Vice President Dr. Mahamadu Bawumia has declared that the establishment of Ghana Integrated Bauxite and Aluminium Development Authority is about to complete and almost ready to add value to country’s mineral resources. He explicitly said, "We are almost at the end of establishing a government...
Saudi Arabian Mining Company (Ma’aden) reported that its subsidiary Maaden Bauxite and Alumina Company (MBAC) has signed an agreement with the Public Investment Fund (PIF) to amend the terms of its existing loan of SR3.75 billion ($1 billion) which has been reduced to SR3.506 billion ($935 million)...
Ken Ofori-Atta, Ghana’s s Finance Minister has announced a $2 billion deal with Chinese engineering firm, Sinohydro Group Limited, in the parliament to fund infrastructure projects by the government. He said that the deal which will help the government leveraging the country's bauxite deposits will...
The latest Australian-led research disclosed on Monday, July 16, that bauxite mining could threaten a new species of venomous snake, named Vermicella Parscauda, recently found in Weipa with extinction. Weipa is a reputed mining town on the Gulf of Carpentaria coast of the Cape York Peninsula, where...
Australian Bauxite Limited (ABX) announced today, July 18, that it has successfully negotiated a Letter of Intent (LOI) over two important business opportunities with Aziz Group of Bangladesh. As agreed through the Letter of Intent, ABX will develop and supply chemical grade bauxite for the...
The prolonged period of moratorium on bauxite mining in Pahang, Malaysia, to finalise a regulatory framework to prevent a repetitive environmental damage, came to an end on June 30, 2018. The moratorium was put in place on January 2016 and was extended until June 30 to clear the then existing...
Rio Tinto releases production results for the second quarter of 2018. Bauxite production reported an increase and alumina and aluminium production reported a drop both in second quarter as well as in H1 2018. Rio Tinto chief executive J-S Jacques said “Operational performance was solid across most...
