If aluminium has a pressure point right now, it sits one step upstream of the metal itself - in alumina. China’s appetite for imported ore remains elevated, alumina markets diverge between regions, and disruptions in Guinea and Australia expose logistics risks. At the same time, tariffs and...
Alcoa’s proposed acquisition of South32’s aluminium assets in Australia, Brazil and South Africa is an important development for the global aluminium industry, particularly for South Africa’s primary aluminium production. Aluminium Federation of South Africa (AFSA) CEO, Muzi Manzi, said, “On July...
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The export of bauxite by the Ghana Bauxite Company increased significantly by 88 per cent from 400,069 tons in 2011 to 752,771 tons in 2012. “The increase in volumes contributed to a significant increase in the corresponding mineral revenue by about 113 per cent from $13,406,433 the year earlier to...
Aziana Limited has extended the scale and scope its bauxite exploration project at Manantenina in Madagascar with the acquisition of additional exploration permits. The Soanomeiny blocks total 18.75 square kilometres and cover most of the area between the company’s Ampasimena and Esama Blocks,...
Angola’s Foreign Affairs Minister, Georges Chicoti said on Thursday in Luanda that Angola was still interested in bauxite exploration in Guinea Bissau, but for that to happen there would need to be “a climate of peace.” Chicoti was reacting to recent accusations from the Guinea Bissau government...
The Republic of Guinea has tripled its production capacity of bauxite, from 7% of world bauxite production to 25% in 2020 to strengthen its leadership in bauxite production and processing sector. It is in this sense that the Guinean Minister of Mines and Geology, Mohamed Lamine Fofana, presented to...
Bauxite Angola, the Angolan company that plans to explore bauxite deposits in the East of Guinea Bissau, has done nothing since it signed an exploration contract seven years ago, the Minister for Natural Resources of the Guinea Bissau transitional government said in Bissau. Interviewed by public...
The implementation of the Supreme Court ruling on the sale of the Aluminium Smelter Plant at Ikot Abasi, Akwa Ibom State, is facing some hiccups, as the Bureau for Public Enterprises, BPE, has rejected any meeting with the preferred bidder, Bancorp Financial Investment Group, BFIG, to sort out the...
ALU GLASS WORLD 2013 is not only the leading exhibition in Egypt but in the MENA Region and Africa which has set itself as a leading market forum in the Region covering the whole process of glass and aluminum industry. Firmly established as an annual event for industry professionals to gather at...
BFIGroup Corporation, the American-Nigerian consortium recently reinstated by the Supreme Court as the preferred bidder for the Aluminium Smelter Company of Nigeria, ALSCON, Ikot Abasi, Akwa Ibom State, on Friday said it has instituted a N2.8 billion lawsuit against UC RUSAL for damages over the...
Since the South African management, headed by Theo Keyter took over the Vimetco Bauxite Mining Company, positive changes have started taking place in the company as confessed by the hitherto aggrieved workers and community people. I recently visited the company office at the Gondama Plant Site...
Nampak, Africa’s largest packaging group, is investing R1.6bn in two businesses that produce bottles and cans for the "growing" beverage market, the firm said on Friday. The first investment will be nearly R1bn in a third furnace at its Germiston-based glass bottle business to improve overall...
Within six years, UC RUSAL plans to develop the largest bauxite deposit in Guinea and to build an alumina refinery. These plans surprised the experts, since the company already has a plant there, the Friquia, which is sitting idle. Professionals in the field think alumina production in Russia, made...
Rio Tinto has started a write-down of its Mozambique assets, which might lead to the partial sales of the activities bought less than two years ago through the Riversdale Mining acquisition. Entrance to Mozambique, where Rio hoped for a rapid exploitation of what it had defined the world's best...
Negotiations for ore mining, says the source, "continued normally" between the government and Emirati companies Dubal (UAE, 45% of the capital), Hindalco (India, 45% of the capital) and Hydromine (United States, 10% of the capital). The government has awarded two exploration licenses to operators...
Chongqing Nanchuan Area will import bauxite from West Africa. It is learned that since this year Ghana will produce 2,500 thousand tons of bauxite, all supply to Nanchuan Xianfeng Alumina Company which was owned by Bosai Group. This was the first time for Africa bauxite to delivery to China, also...
The income of diversified miner BHP Billiton’s two aluminium smelters could fall by about $500-million in the half-year ending June, credit solutions provider Coface South Africa risk analyst George Marais tells Mining Weekly. South Africa’s only two primary smelters, controlled by BHP Billiton and...
Privately-funded Alliance Mining Commodities has announced it will cost $812 million to develop its Koumbia bauxite project in Guinea, West Africa. The Perth-based miner released the results of its definitive feasibility study for the Koumbia project today, which flagged commencement of production...
Ghana’s mining sector is expected to reach a value of $1.83 billion in 2016, according to the Ghana Mining Report – Fourth Quarter 2012. The Report by Research Company Research and Markets says the sector will increase from $1.21 billion in 2010 “as bauxite and gold production see substantial...
Mining company Sociedade Mineira de Investimentos Bauxite Angola is interested in the possibility of new shareholders, in order to boost its share capital, says mining engineer Guilherme António. Macauhub News Agency reports that António, who gave the information to Angolan news agency Angop, said...
