Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
Canyon Resources' independent board committee says A2MP's AUD 0.05 (USD 0.036) offer materially undervalues the Cameroon-focused bauxite developer as questions also emerge over A2MP's potential ties to another major shareholder. Canyon Resources' independent board committee has recommended that...
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The US Government is putting US$85.5 million into Guyana's bauxite industry as Washington seeks to diversify its refractory-grade bauxite supply and reduce reliance on China and Chinese-owned sources. The investment could also strengthen Guyana's position in a strategically important segment of the...
Vedanta Group's Bharat Aluminium Company Ltd (BALCO) has secured Odisha's Karlapat bauxite block after a fiercely contested auction pushed the final bid premium to a record 175 per cent, highlighting the intensifying competition among India's aluminium producers to secure long-term bauxite...
The future of one of Africa's largest undeveloped bauxite deposits has entered a new phase of uncertainty after A2MP Investments launched a takeover bid for Canyon Resources, raising questions over whether the company's flagship Minim Martap project will proceed as originally planned. A2MP, Canyon...
Industry analysts have argued against allowing a strategic investor to acquire up to a 70 per cent stake in the Volta Aluminium Company (VALCO), stating that Ghana's estimated USD 48 billion bauxite reserves could provide an alternative route to financing the state-owned aluminium producer's...
Cameroon's flagship Minim-Martap bauxite project has come under fresh scrutiny after majority shareholder A2MP Investments launched a takeover bid for Canyon Resources, arguing that rising freight costs, lower marketing premiums and higher operating expenses could undermine the project's economics...
Alurion Resources Limited has begun trading on the Australian Securities Exchange (ASX) after raising AUD 50 million (USD 35 million) through its initial public offering (IPO), providing fresh capital to advance the Amargosa Bauxite-Gallium Project in Bahia, Brazil. This is the start of a new...
VBX is entering a new phase in the evolution of its flagship Wuudagu Bauxite Project, with the company moving beyond exploration after securing preliminary funding and offtake pathways while advancing the technical studies needed to develop the Western Australian asset into a producing bauxite...
African nations have been urged to accelerate domestic processing of bauxite and "other" critical minerals instead of continuing to export raw materials, as leaders push to transform the continent into a global hub for value-added mineral production. Speaking at the African Development Bank (AfDB)...
VBX has moved a step closer to developing its flagship Wuudagu Bauxite Project after signing a framework agreement with a major Chinese aluminium group that could deliver both project funding and a long-term bauxite offtake arrangement. The non-exclusive agreement, signed with the Hong Kong...
Brazilian Rare Earths (BRE) has moved a step closer to developing its Amargosa Bauxite-Gallium Project in Brazil after its newly created subsidiary, Alurion Resources Limited, raised approximately A$50 million (USD 24.5 million) through an initial public offering (IPO) in Australia. The company...
Aluminium hydroxide, a key raw material used across industries ranging from water treatment and aluminium refining to defence manufacturing and liquefied natural gas (LNG) production, should remain exempt from US tariffs to safeguard domestic manufacturing, according to industry representatives....
Australasian Metals has returned encouraging results from bulk sampling at its May Queen South Bauxite Project in central Queensland, with composite samples confirming strong aluminium oxide grades ahead of the next phase of metallurgical testing. The company collected three bulk samples, each...
Arrow Minerals Limited has been granted a new three-year Industrial Exploration Permit for its Niagara Bauxite Project in Guinea following a government review of the company's historical work and operational capabilities. The permit, issued by Guinea's Ministry of Mines and Geology on July 15,...
UMS United Mining Supply (UMS) and Renault Trucks have marked 10 years of partnership supporting mining logistics operations in Guinea, where a fleet of Renault K Trucks is used to transport bauxite from mining sites to port facilities. The partnership, which began in 2016 with the support of local...
The world's largest bauxite producers are not always the ones supplying the highest-quality ore. While countries such as Guinea, Australia, China, Brazil, India and Indonesia dominate global bauxite mining, the quality of the ore they produce varies significantly, making production volume only part...
Canyon Resources has announced the delivery of locomotives to its Cameroonian subsidiary, Camalco Cameroon S.A., marking further progress in the development of the Minim Martap Bauxite Project's mine-to-port logistics network. The milestone follows the company's decision to increase its stake in...
The public hearing on the proposed expansion of Kodingamali Bauxite Mine in Odisha concluded peacefully on June 21 with the residents of nearby villages backing the project but raising concerns over infrastructure and livelihoods. The State Pollution Control Board (SPCB)’s regional office conducted...
The Baltic Exchange's Dry Bulk Index edged lower on Wednesday, ending a recent run of gains as weaker performance in the Capesize segment put pressure on freight rates. The main index, which tracks shipping costs for dry bulk commodities, fell 47 points, or 1.7 per cent, to 2,771 points. The...
