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...
Alcoa prices $2.6b senior notes for South32 bauxite, alumina and aluminium deal
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
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Odisha plans bauxite prospecting at five places
The state geology department has identified five places in Koraput and Kalahandi districts to carry out prospecting operation for bauxite, as part of its long-term plan to boost proven bauxite reserves in the state. "For 2013-14 field season (Nov-May) we have proposed to carry out prospecting...
Concerns raised over bauxite residue at Aughinish Alumina
The former mayor of Limerick has said he has “serious concerns” about plans by Aughinish Alumina to extend the height of bauxite residue deposits to 100 feet on its lands adjacent to the Shannon Estuary. According to Fine Gael councillor Jim Long, the Russian-owned company, under terms agreed in...
Rio will expand in bauxite, cut costs in alumina, aluminium
Rio Tinto Alcan’s expansion plans are centred on its bauxite operations, while its focus in its alumina refining and aluminium smelting operations will remain on costs, Nigel Steward, senior vp of technology and supply chain said. ”In smelting and refining we are focused heavily on costs, and have...
Vegetation growth on bauxite area causing hindrance to optimal bauxite production
The Nawailevu Bauxite mine in Vanua Levu is providing new returns for workers through the farming of vegetables and fruits at the site following extraction. Workers at the site have been planting farming produce at the site once bauxite has been extracted. While visiting the Nawailevu bauxite mine...
Glencore, Chinese Group bid to develop Australian bauxite mine
Glencore Xstrata Plc (GLEN) and China’s Australian Indigenous Resources Pty submitted proposals to Australia’s Queensland government to develop the Aurukun bauxite project in the northeast state. Queensland in April shortlisted a number of companies, including Rio Tinto Group, to develop the...
China power investment to build aluminium production base in Guinea
China Power Investment Corp. (CPI) entered an agreement with the Guinean government early this month to build a massive aluminium production base in the African country. CPI plans to invest $6 billion in phase one to build a 4 million-tpy alumina plant and supporting facilities, various Chinese...
EGA to expand operations from bauxite mining to aluminium refining & other fields globally
Emirates Global Aluminium, or EGA, which is under formation, is aiming to become an international aluminium conglomerate with interests from bauxite mining to aluminium refining and carbon production, a top official said. EAG will be an organisation which will comprise of several umbrella companies...
UC RUSAL to invest RUR 3 bln in SUBR in 2013 for bauxite mining
RUSAL, a leading, global aluminium producer, announces an investment of almost RUR 3 bln in constructing new operational sites at SUBR (North Urals Bauxite Mine) channeling some of these funds into technical and equipment upgrade in 2013. RUSAL has already invested RUR 1.1 bln in building the...
Odisha pollution control Board clears Nalco's bauxite mining project at Panchapatmali
The Consent Committee (CC) of Odisha State Pollution Control Board (OSPCB) cleared 15 major projects. The Odisha Power Generation Corporation (OPGC) and 14 others were granted consent order. The OPGC proposed to develop coal mines of 8 MTPA along with coal washery of same capacity at Manoharpur in...
Government expects bauxite mining in Arkalyk to be completed by 2021
It is planned to complete the extraction of bauxite in the city of Arkalyk by 2021. "In this connection it is necessary to carry out a set of measures and activities to identify prospective mineral deposits in the region",said Deputy Minister of Industry and New Technologies of the Republic of...
Aurum Exploration contributes to community assistance program in Bua, Fiji
Aurum Exploration (Fiji) Ltd has given $25,000 to the people of Bua as part of its community assistance program. Company executive Sang Lei said the funds were given to the provincial office to help with scholarships for students. The bauxite mining company has assisted students in other academic...
Orissa bauxite reserves remain unutilized, only one reserve being functional
Orissa sits on one of the largest reserves of bauxite in India —around 2.5 billion tonnes — but its record in developing these mines or allocating them to private parties is abysmal. Of 10 identified big mines with potential reserves of around 1,489 million tonnes (mt), only one mine —...
More mineral sites found at Bua, Fiji
More bauxite deposits have been identified in Vanua Levu says director for Mineral Resources Department, Malakai Finau. Mr Finau said there were other sites which were being explored for deposits of the mineral. "Some of the exploration sites that are being earmarked are in Nasarawaqa, Wainunu,...
Bauxite Resources shares rise after resource upgrade for the Fortuna bauxite deposit in WA
Bauxite Resources shares are set to rise today after increasing resources at its Fortuna bauxite deposit in the Darling Range, Western Australia by 47% to 39.5 million tonnes at 37.3% AI2O3. This comes as Chinese bauxite demand increases to 95 million tonnes by 2022 from the 38Mt in 2012, according...
Niyamgiri tribes get support from Congress vice-president
In a move to reclaim his party’s traditional support base among tribals, Congress vice-president Rahul Gandhi is expected to visit Odisha later this month to meet villagers who recently rejected a proposal to mine bauxite from the Niyamgiri hills. “(Rahul) Gandhi will meet the tribals and celebrate...
First Bauxite Corporation announces appointment of interim chairman
First Bauxite Corporation announces that Larry Washow has been appointed Interim Chairman of the Board of Directors of First Bauxite succeeding John Hicks. The Company thanks Mr. Hicks for his contributions and wishes him well in his future endeavors. Mr. Washow will also continue in his role as a...
Northline wins freight contract for Rio Tinto's Weipa bauxite mine
Northline has won a transport contract to move more than 5000 tonnes of freight annually for Rio Tinto's Weipa bauxite mine. According to the company the freight transported for the mine will be varied, with items moved including printer cartridges right through to capital pieces of equipment like...
Geoscientists defend bauxite mining in Niyamgiri, Odisha
Even as State Government is facing opposition over conducting Gram Sabhas to decide the mining in Niyamgiri hills, Society of Geoscientists and Allied Technologists (SGAT) has batted for permitting mining in the region. With more than adequate safeguards provided for protection of environment,...
