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Ghana puts bauxite, lithium and iron ore in the spotlight to woo Australian capital
Bauxite11 SEPT 2026

Ghana puts bauxite, lithium and iron ore in the spotlight to woo Australian capital

Ghana has stepped up efforts to attract Australian investment into its growing critical minerals sector, pitching the country as a stable and reform-driven destination for mining and value-added mineral development at the 2026 Africa Down Under (ADU) Summit in Perth. The Ghanaian delegation was led by High Commissioner to Australia Doris Brese and Maxwell Yao Akpene Klu, Deputy Chief Executive of the Minerals Commission in charge of Small Scale & Industrial Minerals. Addressing mining executives, financiers and policymakers, Klu said Ghana is looking to move beyond its traditional gold dominance and position itself as a strategic partner in battery minerals and green technologies. “Our country is not just about extracting resources, we are committed to a paradigm shift in mining, one that...

Ashapura targets INR 100 billion bauxite revenue opportunity as Guinea volumes rise
Bauxite10 SEPT 2026

Ashapura targets INR 100 billion bauxite revenue opportunity as Guinea volumes rise

Ashapura Minechem is preparing for its next phase of growth by expanding its Guinea bauxite operations while shifting its Indian business towards higher-value mineral products. The company is targeting 15 million tonnes of annual bauxite volumes by FY28, a level management believes could generate nearly INR 100 billion (USD 1.05 billion) in revenue from the bauxite business alone, depending on bauxite prices, freight costs and operating conditions. The expansion is being supported by additional port capacity in Guinea, while Ashapura is investing in products for applications including foundry, oil and gas, paints, paper and cat litter to broaden its earnings base. Guinea bauxite expansion takes centre stage Ashapura expects Guinea bauxite exports of 9–11 million tonnes in FY27, compared...

WEEKLY: Guinea shipments surge but freight costs keep China bauxite spot split, prices pinned in tight band
Bauxite09 SEPT 2026

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 balance broadly tight. Mysteel expects limited price volatility in the near term. On the import side, Guinean 45/3 standard-grade ore prices showed a slight upward bias last week. However, driven by elevated bunker fuel costs inflating ocean freight and a widening spread between alumina prices in northern and southern China, spot transaction levels diverged notably across regions. According to Mysteel, southern alumina smelters sourced Guinean standard-grade cargoes at below USD 71 per tonne...

Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
Bauxite08 SEPT 2026

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 potential source of up to 8 million dry tonnes of export bauxite per year to its regional pipeline. The transaction, for an undisclosed price, gives Rio control of the greenfields project located about 23 kilometres north-east of Aurukun and 35 kilometres south of Weipa. The deal remains subject to Queensland Government and other regulatory approvals. Under the development plans previously advanced by Glencore and Mitsubishi, Aurukun could produce up to 15 million tonnes per year of run-of-mine...

Metro Mining builds bauxite momentum with record output, lower costs and broader sales
Bauxite07 SEPT 2026

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 cash generation signalling progress from the operation's earlier ramp-up phase. The Australian producer is targeting 6.6 million to 7.1 million tonnes of production for the full year, with the latest quarter showing that investments in mining, barging and export infrastructure are translating into higher throughput. The operation produces direct-shipping bauxite for alumina refiners, with China continuing to account for most demand. However, Metro is also expanding its customer base, including...

Australian bauxite forecast at $39/t vs Guinea at $34-46/t: How ore quality, freight and oversupply are shaping prices
Bauxite04 SEPT 2026

Australian bauxite forecast at $39/t vs Guinea at $34-46/t: How ore quality, freight and oversupply are shaping prices

What happens when the world’s biggest bauxite supplier produces too much of the one commodity it dominates? Guinea’s bauxite market is offering a striking answer. Record exports have strengthened its position in global trade, but the surge in supply has also pushed prices lower. Australia, meanwhile, continues to command a premium, even as prices across the market weaken. Guinea’s FOB bauxite price is forecast at around USD 34–46 per dry metric tonne in 2026, while Australia’s FOB price is forecast at around USD 39.15 per wet metric tonne in FY26. So why does Australian bauxite continue to hold a different price position when Guinea is supplying the market at such enormous volumes? The answer begins with quality, but it does not end there. Ore characteristics, freight costs, mining...

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