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...
Grow with
AL Circle
AMEC Australia calls for Kimberley mine review
WA's mining industry has called for full review of resource development in the Kimberley, after Premier Colin Barnett appeared to rule out the development of a massive bauxite resource in the region owned by Rio Tinto and Alcoa. Association of Mining and Exploration Companies chief executive Simon...
Cape Alumina lines up second development project
The Bauxite Hills mine, in Queensland, could deliver some five-million tons a year for ASX-listed Cape Alumina, a prefeasibility study (PFS) has found. The company reported on Tuesday that the project could likely have a life-of-mine of some ten years, producing from an inferred resource of some...
Kimberley bauxite plan looks a stretch
Premier Colin Barnett has told Rio Tinto and Alcoa that "they're dreaming" about developing a massive bauxite deposit in the remote Kimberley, and flagged the possible return of the resource to taxpayers. The global giants want a two to three-year extension and an associated State Agreement over...
SC clears hurdle in reopening Nalco's bauxite mine
The National Aluminium Company ( Nalco) has heaved a sigh of relief with Supreme Court condoning the delay in submission of its forest diversion proposal for renewal of bauxite mine lease. With this, the hurdles in the path of the company in obtaining a temporary working permit (TWP) to operate its...
Shipping from Rio’s South of Embley bauxite mine to start in 2016
Rio Tinto Alcan announced it expects to spend $528 million over the next three years developing is new South of Embley bauxite mine, located near Weipa in Queensland’s Far North. The project’s developers have commenced meetings to discuss the provision of goods and services for the mine’s...
Odisha govt looks for new bauxite mines for Vedanta
After the shutdown of Vedanta Aluminium’s one million tonne alumina refinery at Lanjigarh on December 5, the Odisha government seems to have woken up, albeit belatedly, to the raw material crisis that has stalked the company for last five years. In a bid to help revive operations of the Lanjigarh...
Protests in front of Indian High Commission against bauxite project in Odisha
A noisy group of protesters armed with horns, megaphones, pots and pans crowded the entrance to the India High Commission demanding that the Indian Government stop the controversial Niyamgiri mine in Odisha. According to a spokeswoman of the protest organisers, 20,000 tribals and farmers living...
Rusal to boost bauxite production in 2013
The Russian aluminium company, Rusal, says it plans to increase bauxite production in 2013 while commencing work on a new deposit. Officials of the company made the disclosure to President Donald Ramotar during a meeting at the Office of The President on Tuesday. The meeting was held between...
Institute develops technology to to convert extremely inferior grade bauxite into refractory grade bauxite
The Central Glass and Ceramic Research Institute (CGCRI) in Kolkata has developed a process to convert extremely inferior grade bauxite into refractory grade bauxite that can withstand very high temperature. This bauxite can then be used in the refractory industry, where it is used to make...
Industry experts discuss ways to boost the Indian aluminium industry in IBAAS
Vedanta Group's shutting down its Lanjigarh alumina refinery in Odisha on Wednesday due to non-availability of bauxite is emblematic of the problems dogging the entire aluminium sector. The situation is no different with other players and they too are hard-pressed for lining up the bauxite supply...
Tan Rai bauxite plant to release first product in mid-December
At a meeting on December 3, Deputy Minister of Industry and Trade, Le Duong Quang, said that this is the first time Vietnam has such a large bauxite project. Because of lacking experience and unfavorable weather, the project has been implemented slowly. He also said that it is unavoidable to have...
Nalco awaits Ministry nod to resume bauxite mining in Odisha
National Aluminium Ltd, the Bhubaneswar-based integrated PSU aluminium maker, is still awaiting a temporary approval from the Union Ministry of Forests and Environment (MoEF) for resumption of operations at its bauxite mine in Odisha. Operations at its Panchpatmali in Koraput district was stopped...
Vedanta to finally shut Lanjigarh alumina refinery
Vedanta Aluminium Ltd (VAL), a unit of London-based Vedanta Resources, will shut its one-million-tonne (mt) alumina refinery from tomorrow. The company had issued a three-month advance notice in September to close the refinery from Wednesday, as it had no bauxite stock to run the plant beyond the...
Australian Bauxite Limited completes investigative drilling at Queensland
Bauxite development company, Australian Bauxite Limited has completed investigative drilling as part of its due diligence with respect to Mining Lease ML80126, located 25 km south of Mundubbera and 155 km southwest of Bundaberg Port in central Queensland. ABx confirms that the Inferred Resource of...
Chalco Plans to Build Alumina Plant in Indonesia
Aluminum Corp. of China Ltd., the country’s biggest producer, is seeking to tap bauxite resources and build processing plants abroad after Indonesia, the largest supplier to China, curbed exports. The company plans to build an alumina facility with a capacity of 1 million metric tons a year in...
Committee formed to monitor bauxite at Bua, Fiji
A monitoring committee will work with bauxite company XINFA to ensure that proper and necessary procedures are followed at the mine and jetty site in Bua. Acting provincial administrator Inoke Tagicakibau told the Bua Provincial Council meeting that the committee would meet bi-monthly. Mr...
IBAAS Symposium on bauxite and alumina starts at Nagpur, India
With the aim of strengthening the aluminum industry across the world the industry is shifting its focus on developing it with countries which have high growth potential like India and China. The International Bauxite, Alumina and Aluminium Society (IBAAS) is making serious efforts to bring...
Nalco yet to resume operations at Odisha mine
National Aluminium Ltd, the Bhubaneswar-based integrated PSU aluminium maker, is yet to resume operations at its bauxite mine at Panchpatmali in Koraput district of Odisha. Mine operations stopped on November 17 in the absence of mine lease renewal. A temporary work permit for a year also eluded...
