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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Indian Legislative Council rocked over bauxite mining issue
The Legislative Council was rocked on Thursday over the government’s stand on the bauxite mining in Visakhapatnam district and its refusal to give an assurance to cancel the mining lease given to the APMDC to supply ore to Anrak Company. The issue raised by M. V. S. Sharma to know if the Union...
Chalco Mining obtains exploration rights for 23.58 million mt of bauxite
The Ministry of Land and Resources announced on March 18 that Chalco Mining has obtained exploration rights for Yushan bauxite in Henan’s Xin’an County at a cost of RMB 924,900. The Henan Institute of Geological Survey announced discovery of 23.58 million mt of proven bauxite in Yushan, Xin’an...
Indian state Odisha exploring the possibility of mining lease grant to L&T
Vedanta's ailing alumina refining unit at Lanjigarh shut since December 5 last year on bauxite unavailability can hope for a long-term succor on raw material supplies. The government has consulted its advocate general over the possibility of grant of ML to L&T which was granted prospecting license...
Henan announced the discovery of 166.54 million mt of bauxite
The Department of Land and Resources of Henan Province announced on March 18 the discovery of 166.54 million mt of bauxite in west Caoyao of Mianchi County, Sanmenxi City as of late February, 2013, its biggest discovery in its exploration history. The Ministry of Land and Resources announced in...
Guinea to triple its bauxite production in 2020
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...
Indian Chief Minister evades direct reply on bauxite mining ban
Chief Minister N Kiran Kumar Reddy evaded giving an assurance on the State Government banning bauxite mining in the Scheduled Areas while two Union Ministers Jairam Ramesh and Kishore Chandra Deo urged the State Government to cancel the MoU entered into on the subject as they were in violation of...
Indian Union Ministers seeks 20 years ban on bauxite mining
Union minister for panchayat raj and Araku MP Kishore Chandra Deo and Union minister for rural development Jairam Ramesh urged the state government to ensure that ANRAK was not given permission to mine bauxite in the Chintapalli region. Raising the issue at a meeting at G K Veedhi in Visakhapatnam...
Officials defend central highlands bauxite mines
Despite pubic concerns, Tan Rai and Nhan Co. bauxite projects in the central highlands region are necessary for the development of Vietnam’s aluminium industry, one official said. The projects had been carefully considered before assigning them to the state-owned company Vietnam National Coal and...
Pilot bauxite projects in Vietnam ‘will pave the way for aluminium industry'
Investing in two pilot bauxite projects in the Central Highlands is the right move for Vietnam and will pave the way for the country's aluminium industry to take off, according to Minister of Industry and Trade Vu Huy Hoang. "The decision to go for these two projects was made after careful...
Bauxite Angola yet to explore deposits in Guinea Bissau
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...
Alumina prices to decide bauxite project's efficiency
As requested by the Prime Minister of Vietnam, the two bauxite plants Tan Rai and Nhan Co will have their capacities unchanged during the trial period from now to 2015, said Nguyen Manh Quan, director of the Heavy Industry Department under the trade ministry. By 2020, their capacities would be...
Befesa, a secondary bauxite mine in Europe produces a secondary mineral similar to bauxite
Befesa Reciclaje de Escorias Salinas is the Befesa division that recycles salt slags, a waste produced by the secondary aluminium industry. Befesa produces three products from salt slags. Firstly it produces aluminium concentrates and smelting salts that are fed back into the secondary aluminium...
Bauxite mining operations at a standstill at Nawailevy in Bua due to adverse weather
The adverse weather conditions in Vanua Levu have affected bauxite mining operations at Nawailevu in Bua. Bauxite mine manager Basilio Vanuaca said operations had come to a standstill as a result of the bad weather experienced in the Northern Division. "We will resume normal operations during fine...
Public hearings scheduled for Alumina Project Rondon
Public hearings scheduled in Rondon do Pará and Elisha Bishop, southeast Pará, to discuss and debate about the project Alumina Rondon liability company Votorantim Metals, the new dates were confirmed by the Secretary of State for the Environment (SEMA), Wednesday, 6. The project Alumina Rondon, who...
Bahrain's Alba considers taking over a bauxite mine or refinery
Aluminium Bahrain (Alba), owner of the world's fourth-largest aluminium smelter, wants to take a stake in a mine or refinery as its impending expansion increases its demand for raw materials, its chief executive told Reuters. The firm has begun feasibility work on a $2.5 billion sixth production...
Dynamite blast injures several at Rusal bauxite mine
A policeman and two Russian nationals were among ten people injured yesterday after several boxes of fuel-soaked dynamite exploded at the RUSAL Bauxite Inc. at Kwakwani, Berbice River. Three of the victims were treated at the Kwakwani Hospital before being air-lifted to the city and admitted to the...
Comprehensive insight needed for bauxite project in Vietnam
The Government is continuously pushing for the application of advanced technology in bauxite mining in a bid to make the process more environmentally friendly and to enhance socio-economic efficiency, the head of the Government Office Vu Duc Dam has confirmed at his monthly press briefing. He told...
National Green Tribunal denies Hindalco forest clearance to transport bauxite mined from Maharashtra
The National Green Tribunal has dismissed Hindalco's plea challenging the Maharashtra government's refusal to grant it three more months, after expiry of its forest clearance, to transport around 1.6 lakh tonnes of bauxite mined from Kolhapur district. A bench headed by Justice V R Kingaonkar also...
