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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Second village council meeting also rejects Vedanta's plan of mining in Niyamgiri hills
Four days after Dongria Kondhs of Serkapadi village rejected bauxite mining in Niyamgiri hills, 33 of 36 villagers, including 23 women, of Kesarpadi in Rayagada district on Monday opposed mining in the hills, dealing another blow to Vedanta Aluminium's plans. Gram Sabhas will be held in 10 more...
Vedanta Alumina COO meets chief secretary JK Mohapatra
Vedanta Alumina Limited (VAL) Chief Operating Officer Mukesh Kumar on Monday meets Chief Secretary JK Mohapatra. After the meeting Mr. Kumar said the VAL hoped to receive bauxite from the State Government to run its Lanjigarh refinery plant in Kalahandi district at full capacity. Kumar said, “We...
Pro-mining outfit doubts over fairness of the village council meeting at Niyamgir, Odisha
A couple of days after Dongaria Kondhs of Serkapadi village unanimously rejected bauxite mining over Niyamgiri hills, Lanjigarh Vikash Parishad (LVP), an organization supporting the mining project and its beneficiary Vedanta's alumina refinery, has raised doubts over fairness of the village council...
Kalahandi tribes firmly refuse bauxite mining by Vedanta from Niyamgiri hills
In a setback to Vedanta's search for bauxite mines to feed its 1-million tonne (mt) refinery at Lanjigarh in the backward Kalahandi district of Odisha, Dongria Kondhs, the indigenous people who inhabit the plateaus of the Niyamgiri hill ranges, on Thursday made it clear that they would rather...
AMC signs rail agreement with Guinea govt
Bauxite mining company Alliance Mining Commodities (AMC) earlier this month signed a landmark rail agreement with the government of Guinea, in West Africa, confirming a viable infrastructure solution for its 90%-owned Koumbia Bauxite project in the country. The rail deal follows the completion of...
Bauxite and alumina projects in China progressing slowly
While China’s economic growth stabilises, the country’s demand for bauxite and fused alumina for refractory applications in steel production continues, and can be viewed as responsible for initiating several new projects in the bauxite-rich provinces of Henan, Guizhou, and Shanxi. Among these are...
Council declares wishlist for bauxite mine support
Aurukun Mayor Dereck Walpo says a proposed bauxite mining venture is a good chance to improve infrastructure in the Cape York community in far north Queensland. The Aurukun Shire Council, the State Government, and the community are in talks with five companies hoping to develop the site near the...
Rio Tinto staff discover endangered northern quolls at Cape York bauxite mine
RIO Tinto's bauxite mining operations in and around Weipa on Cape York appear to have uncovered a biological hot spot, with staff discovering a third rare species. A total of 24 endangered northern quolls have been found in a 3500ha block at the mine lease, which covers 3860sq km. It's an important...
Endangered northern quolls found on Rio’s Cape York bauxite mine
Rio Tinto’s bauxite mining staff have discovered a rare quoll population at its operations located around Weipa on the Cape York Peninsula. A total of 24 endangered northern quolls have been counted on a 3500ha block of Rio’s mining lease which covers 3860 square kilometres, news.com.au reports. A...
Niyamgiri poised for voting on bauxite mining for Vedanta plant
A recent show on a local Doordarshan channel about Dongria Kondhs, indigenous people who inhabit the plateaus of the Niyamgiri hill ranges in Odisha, ended with a scene where a young member of a tribe throws away some rupee coins given by a government official, asks for a matchbox instead and...
Dubal, Mubadala take over Guinea Alumina Corp
Dubai Aluminium (Dubal), the owner of the world's largest single-site primary aluminium smelter and Abu Dhabi state investment fund Mubadala have secured the full ownership of Guinea Alumina Corporation (GAC). A leading producer of alumina in West Africa, GAC also mines for the raw material...
Bauxite mining case: social activist opposes Odisha government's move
A social activist who was an intervener in a Supreme Court case relating to bauxite mining in Niyamgiri hills in Odisha on Monday alleged the state government was violating the apex court’s order by choosing villages for gram sabha meetings instead of allowing the gram sabha to initiate the...
Hydro takes seat on board of Brazilian Mining Institute
This month, Ibram raised its representation from 11 to 15 members and also designated Hydro as a member of the Special Committee on Mining of the National Confederation of Industry (CEM/CNI), as the representative of the bauxite industry. Andreia Reis, head of Business Relationship and Development...
Cape Alumina's Pre-Feasibility Study delivers positive returns for Pisolite Hills
Cape Alumina's Pisolite Hills project has already been declared a Project of State Significance by the Queensland Government, with the project now delivering 'attractive financial returns'. Signficantly, the study forecasted that at full production it could produce at an FOB cash operating cost of...
AG views awaited on Niyamgiri bauxite mining project talks
State’s tribal affairs department has consulted the state Advocate General (AG) on the possibility of expanding purview of gram sabhas to decide the fate of bauxite excavation atop Niyamgiri hills. The AG is likely to give his comments on the matter in a couple of days. "The possibility of...
Vedanta sources bauxite to restart alumina refinery
Vedanta Aluminium Ltd (VAL) Tuesday said it has received about 35,000 tons of bauxite from Gujarat to re-start its alumina refinery in Odisha'sKalahandi district at lower capacity. "We have started getting bauxite from Gujarat. We will build a buffer stock of at least one and half lakh tones of...
Vedanta project: Centre, state differ on holding gram sabhas in Niyamgiri
Differences of opinion continues between the Centre and the State Government over holding of ‘gram sabhas’ to decide on bauxite mining in Niyamgiri for the Vedanta project. While the State Government has maintained that it is not working to protect the interest of any private company, the Centre...
Bauxite Resources Limited. : Yankuang Cash Call Update
Further to the announcement dated 17 April 2013 regarding Yankuang Resources Pty Ltd outstanding cash calls payable to the Bauxite Alumina Joint Venture, Bauxite Resources Limited wishes to inform the market that as of 26 June 2013, these payments, including the sum owing to BRL referred to in the...
