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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No refinery required for Aurukun bauxite mine: Govt
The Queensland LNP Government has taken the first concrete step towards its long-stated aim of exploiting the Aurukun bauxite resource in western Cape York. This time around, however, the right to mine will not be tied to the requirement to build an alumina refinery. Yesterday the Newman Government...
Vedanta awaits bauxite to revive $9 billion aluminum project
Vedanta Resources Plc is counting on a court verdict next month to secure raw material and revive a faltering $9 billion aluminum project in India. The Supreme Court on Dec. 3 may grant unit Vedanta Aluminium Ltd. access to a bauxite mine in Odisha, helping it to cut production costs by almost 24...
FAC may decide on forest clearance for Nalco mine by next week
The Forest Advisory Committee (FAC), an expert panel of Union ministry of environment & forests (MoEF), is expected to take a call by next week on granting fresh forest clearance to the Panchpatmalli bauxite mines of National Aluminium Company (Nalco) to enable the company secure temporary work...
Aurukun bauxite mine to give indigenous people better economy and employment
Business and community leaders are describing the Queensland Government's call for fresh expressions of interest to mine rich bauxite deposits at Aurukun on Cape York as giving the indigenous people of the region new hope, prosperity and jobs. The $1 billion mine has the potential to employ 700...
Nalco’s bauxite mining gets temporary relief
The Forest Advisory Committee (FAC) of the Ministry of Environment and Forests granted temporary working permit to National Aluminium Company for operating the central and north block of Panchpatmaili mines in Koraput districts where bauxite mining was suspended on November 17 after the 30-year-old...
AMC puts $US812m price tag on bauxite mine in Guinea
Privately-funded Alliance Mining Commodities has announced it will cost $812 million to develop its Koumbia bauxite project in Guinea, West Africa. The Perth-based miner released the results of its definitive feasibility study for the Koumbia project today, which flagged commencement of production...
Rio Tinto releases draft Commonwealth EIS for South of Embley Project
Rio Tinto Alcan today released the draft Commonwealth Environmental Impact Statement for the South of Embley Project. Rio Tinto Alcan president and chief executive officer, Bauxite and Alumina, Pat Fiore said the project will extend bauxite mining operations on an area of the company's existing...
Henan Discovered Over 85,000 Thousand Tons of Bauxite
It is reported that Henan Institute of Geological Survey has found more than 85,000 thousand tons of bauxite together with light rare earth resource in. According to the introduction, Henan Institute of Geological Survey found more than 62,170 thousand tons of bauxite in Li Zhuangzhai and more than...
Vedanta to get bauxite from external sources
Vedanta Aluminium Ltd , which is facing a challenge to run its refinery at Lanjigarh (Odisha) beyond December 5, hopes to get some bauxite from external sources in 2-3 days. “We are making all efforts to source bauxite from different sources. Hopefully, something will work out in 2-3 days”, said...
Bauxite dispute continues in the bauxite mining area in Bua, Fiji
A group of landowners in the bauxite mining area in Bua revealed in a survey that they were not part of a decision to begin the mining process. The survey conducted by the Bua Urban Youth Network in Nawailevu this year showed 20 per cent of respondents felt they were involved in the decision to...
Indonesia and China firms to jointly invest in an alumina refinery in Batam
Local miner Indopura Resources joined forces with Chinese miner Hainan Joint Enterprise Business Service to build a bauxite smelter at a cost of about $700 million. The funding for the smelter will be supported by China Construction Bank International. The two companies signed a cooperation...
China investor to build alumina refinery in Batam
The Hainan Joint Enterprise Business Service Co. Ltd. and its Indonesian partner company, PT Indopura Resources, plan to construct a bauxite refinery worth US$700 million in Batam, Riau Islands. The factory is expected to employ 5,000 workers. PT Indopura Resources director Cedric Lam, its managing...
Ghana’s mining sector to be worth $1.83b in 2016
Ghana’s mining sector is expected to reach a value of $1.83 billion in 2016, according to the Ghana Mining Report – Fourth Quarter 2012. The Report by Research Company Research and Markets says the sector will increase from $1.21 billion in 2010 “as bauxite and gold production see substantial...
EIS released for Cape bauxite mine expansion
A large-scale bauxite mine expansion on Cape York Peninsula in far north Queensland is a step closer, with the release of a new environmental impact statement (EIS). Public feedback for the proposed $1.5 billion South of Embley Project, near Weipa, will close on December 19. Rio Tinto Alcan...
Maaden to start output at aluminium smelter
Saudi Arabian Mining Company (Maaden) will start initial production at its 740,000 tonnes per year aluminium smelter next month. Maaden and Alcoa teamed up in 2009 to build a $10.8 billion aluminum complex at Ras al-Khair on the Gulf coast, which is fast becoming a Saudi mining centre. The smelter...
Reef approval delays bauxite project a year
First bauxite from Rio Tinto's $1.4 billion South of Embley project near Weipa has been delayed by a year after federal Environment Minister Tony Burke sent the approvals process back to square one because of concerns over shipping through the Great Barrier Reef. Rio will release its environmental...
NALCO hopes to resume bauxite mining in Odisha by Dec first week
Hopeful of getting the Temporary Working Permit (TWP) to operate its bauxite mines at Panchpatmali in Odisha's Koraput district, Nalco today said the 'Navratna' company would certainly meet all commitments in terms of supply of alumina to refinery and export orders. "We have stocked sufficient...
Bauxite Resources Limited Progress at Felicitas Bauxite Project
Bauxite Resources Limited is pleased to provide an update on bauxite resource definition and development activities at its Felicitas project, in the Company's northern Darling Range tenement area in Western Australian. This follows an update from Bauxite Alumina Joint Ventures Pty Ltd, managers of...
