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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Nalco's bauxite mining comes to a halt at Panchpatmali
National Aluminium Company (Nalco) has stopped production at its Panchpatmali North-Central block bauxite mines after its lease deed for the area expired on Saturday. The company, which is awaiting renewal of the lease, said it is expecting a temporary working permit to operate the mine by...
Bauxite Company Noranda defends its land reclamation process
Bauxite company Noranda is defending itself against claims by irate farmers in the Dry Harbour Mountains of St Ann that their land reclamation efforts leave a lot to be desired. Last week, residents of Rhoden Hall, Stepney and surrounding districts took the Jamaica Observer to deep craters in the...
Tribals protest Utkal Alumina mining in Kalahandi hill Odisha
As the tribal inhabitants were totally against mining in Niyamgiri hill despite the assurance by the State Government for peripheral development, it is now the locals of Thuamul Rampur block who have raised their voice against bauxite mining at Baflamali hill. Baflamali hill, spread over 1388.74...
Guyana’s bauxite industry on sound footing
The Ministry of Natural Resources and the Environment through the Bauxite Unit of the Guyana Geology and Mines Commission (GGMC) has responded to A Partnership for National Unity for misrepresenting a number of issues relating to bauxite development, particularly within Region Ten. The Ministry was...
Metallurgical engineering research hub established at Queensland University
Queensland's future in bauxite and alumina processing has been strengthened thanks to a partnership between The University of Queensland (UQ) and Rio Tinto Alcan, one of the world's leading bauxite and alumina producers. UQ today announced the establishment of the UQ RTA Bauxite and Alumina...
Concern over Bauxite stockpile at the Xinfa Aurum Exploration (Fiji Ltd)
A group of villagers in the district of Navakasiga in Bua have again expressed concerns over the bauxite stockpile that lay exposed at the Xinfa Aurum Exploration (Fiji Ltd) jetty area. The concern was highlighted in an earlier interview with Navakasiga district representative Salacieli Tuala who...
Fiji Bauxite Mine manager refutes any adverse effects of bauxite in Bua
There are no direct side effects of bauxite on the natural ecosystem and villagers' claims that the mineral will adversely affect the environment are not true. Bauxite Mine manager Basilio Vanuaca said they were closely monitoring the surrounding areas of the mine and there was no evidence of such...
Nalco to be allowed mining at Panchapatmali
With the 30-year lease of the Panchapatmali bauxite mines allotted to the National Aluminium Company (Nalco) due to expire on November 16 which is likely to force closure of its refinery at Damanjodi, the State Government has decided to allow continuation of the lease of bauxite mines for the...
Australian Bauxite Limited updates on its Tasmanian bauxite resources
Emerging bauxite development company, Australian Bauxite Limited has bauxite tenements totalling more than 7,500 km2 covering the core of the Eastern Australian Bauxite Province . ABx considers its Tasmanian Project located within 100 km of Bell Bay Port to be a state significant discovery of a...
Nalco's bauxite mine renewal plan under Naxal threat
Nalco, till date, has mined only one third of the deposit to meet its requirement in the last 30 years The threat of Red rebels has cast a shadow of uncertainty over the renewal of National Aluminium Company's (Nalco) Panchpatmalli bauxite mines even as the company has intensified efforts to obtain...
Indonesia's Supreme Court upheld challenge to Government ban on bauxite export
Alumina Limited notes press reports that Indonesia's Supreme Court has upheld a challenge to an Indonesian Government ban on the export of unprocessed minerals, including bauxite. The Company does not have further details of the Court decision or Indonesian government plans on this matter.
Four firms interested to buy GMDC's bauxite calcination plant
As many as four companies have evinced interest in buying bauxite calcination plant run by state-owned mining major Gujarat Mineral Development Corporation (GMDC). The plant having a production capacity of 50,000 tonnes per year is located in Kutch district. The state PSU had floated tenders to...
UAE and Guinea sign bauxite export deal
Mubadala and Compagnie des Bauxites de Guinee (CBG) have signed an agreement for the long-term export of bauxite to the UAE. The signing, which took place in Yas Hotel, was attended by General Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed...
Odisha Chief Minister promises Vedanta chief to provide bauxite
Vedanta Group Chairman Anil Agarwal on Thursday said that Chief Minister Naveen Patnaik has promised to take steps on priority basis for supply of bauxite to the Vedanta Aluminum Limited’s (VAL) refinery at Lanjigarah in Kalahandi. However, he made it clear that the company would be compelled to...
5 other areas identified for future bauxite mining in Fiji
Five other areas in the country have been identified for future bauxite mining. Mineral Resources assistant director Venasio Naisara said these areas are Nasorowaqa, Wainunu, Seaqaqa and areas between Lautoka and Ba. Naisara said from these areas, Chinese company Aurum Exploration Fiji Limited...
Nalco's Koraput bauxite mine may shut down soon
Public Sector National Aluminium Company seems to be heading for major crisis this month as the 30-year-old mining lease of company’s only bauxite mine in Koraput district is about to expire on November 16 with no signs of the lease getting renewed in the next couple of weeks. The central and north...
Montenegro's Ministry of Economy in talk with Turkish Tosyali Group on KAP aluminium plant
Representatives of the Ministry of Economy and Turkish Tosyali Group met in Podgorica to discuss the KAP aluminium plant and the offer to take over the company. The dominant topic of the talks was the electricity supply, which is known to be the most troubling issue for KAP. The Government requires...
Vedanta plans to increase capacity of its Balco facility
Vedanta Resources today said the company plans to increase the capacity of its Balco facility to 7 lakh tonnes per annum from one lakh tonnes per annum soon. "When we took over BALCO it was producing one lakh tonnes per annum of aluminium... We are taking it to 7 lakh tonnes per annum as quickly as...
