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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Rural Development Minister says no bauxite mining in Vizag agency area
Union Rural Development Minister Jairam Ramesh said bauxite mining would not be allowed at any cost in the Visakhapatnam agency area to protect the interests of tribals. He said this following reports that some private companies had shown interest in mining bauxite there. However, local villagers...
Bauxite Resources Limited updates on Gold, Iron Ore and Coal Exploration
Perth-based bauxite explorer and developer, Bauxite Resources Limited provides an update on exploration progress for non bauxite minerals within its exploration licence tenure in Western Australia. The Company holds granted and pending exploration licences over an area of approximately 25,000 km2...
Russia plans to invest billions in smelters in Indonesia
Russian firms plan to invest billions of dollars in refineries, smelters and infrastructure, including railways and power plants, in Indonesia within the next few years, an ambassador says. Russian Ambassador to Indonesia Alexander A. Ivanov said on Wednesday that the investments would come from,...
Governance deficit delays NALCO's expansion projects" CAG
The Comptroller and Auditor General (CAG) of the government says possible "governance deficit" has resulted in delay in NALCO’s Rs 4,091.51 crore second phase capacity expansion project. "Gaps and inadequacies in project formulation and execution points towards a governance deficit in the company...
Cape Alumina to continue Bauxite mine plan in Steve Irwin Wildlife Reserve
Resources company Cape Alumina Limited has resumed planning a bauxite mine on a wildlife preserve named in honour of environmental campaigner Steve Irwin. Cape Alumina planned to build a large bauxite mine at Pisolite Hills, on Cape York, where the Steve Irwin Wildlife Reserve is located. The plans...
Odisha CM assures steps to prevent closure of Vedanta’s Lanjigarh Alumina refinery
Odisha Chief Minister Naveen Patnaik has promised to initiate efforts to avert the closure of the Lanjigarh plant of Vedanta Aluminium. The company has said it would shut down the plant from December 5 citing the lack of assured supplies of bauxite. This promise was given to a 30-member delegation...
Odisha Govt expresses inability to supply bauxite to Vedanta Alumina
In a major setback toVedanta Aluminium Limited (VAL), the Odisha Government on Tuesday expressed its inability to immediately supply bauxite to Vedanta Aluminium Limited (VAL) after the company sought permission to shut down its refinery at Lanjigarh due to scarcity of raw material. After attending...
Local Tribals blocked Utkal Alumina road to protest
Hundreds of tribals of Kashipur block in Odisha’s Rayagada district blocked the road leading to the mines of Utkal Alumina International Limited (UAIL) on Friday, demanding fulfillment of their demands. The tribals, who blocked the road near Andrakancho under Baphlimali Surakhya Samiti (BSS), vowed...
Bosai will Invest in Indonesia to Build Alumina Plant
Bosai will be the only company that owned three foreign bauxite private enterprises. It is learned that this group will invest in Indonesia to build alumina plant after the acquisition of Guyana and Ghana bauxite, which will also gain at least 0.1 billion tons of bauxite mining area. Bosai Minerals...
Odisha Mining Corporation (OMC) expresses their inability to provide bauxite for Vedanta refinery
The steel and mines department and Odisha Mining Corporation (OMC) have expressed their inability to provide Vedanta Aluminium Ltd (VAL) alternative source of bauxite for its Lanjigarh alumina refinery because of constraints of law even as the company has sent an advance notice for shut down of the...
Mineral Resources Department representive rejects bauxite spill claims by Bua residents
BAUXITE is a non-toxic mineral, says Mineral Resources Department (MRD) deputy director Venasio Nasara. Mr Nasara made the comment at a meeting attended by a group of government officials, district reps and chiefs in Lekutu, Bua on Thursday after media reports claimed the effects of bauxite mining...
Ewarton bauxite plant to remain open
The Jamaican government has disclosed a number of agreements it has secured to ensure the continued operation of the Ewarton bauxite plant in St. Catherine. It was earlier announced that the company’s 600 employees would be sent home starting this month as its parent company UC Rusal continues to...
Andhra Pradesh govt urged to cancel bauxite mining agreements
Environmental activists, NGOs and others have urged the Andhra Pradesh Government to cancel the MoUs (memoranda of understanding) signed with two companies — Jindal South-West and Anrak — for supply of bauxite to them through the AP Mineral Development Corporation (APMDC). The Union Minister for...
Union minister asks Odisha govt to scrap deal with Vedanta
Sensing an opportunity to corner the Odisha government after it decided to cancel the joint venture pact of Odisha Mining Corporation (OMC) with a private firm for coal mining over rule violation, the state Congress unit on Monday demanded that OMC’s agreement with Vedanta for bauxite supply should...
Gove Bauxite refinery to deals with waste water issue
The owners of the bauxite refinery on the Gove Penisula in the Northern Territory say they're working on ways to deal with an excess of waste water that accumulated on the site. Waste water is produced as part of the refining process, and the amount stored by the facility has been growing in the...
Vedanta set to source bauxite from GMDC
Opening of tender by state owned Gujarat Mineral Development Corporation (GMDC) for sale of 92,174 tonnes of bauxite has injected hope to Vedanta’s alumina refinery at Lanjigarh in Kalahandi district that is staring at possible shutdown on bauxite crunch. “We will participate in the bid of GMDC for...
Hindalco faces Vedanta's mining fate in Odisha
Even when the protest against Vedanta over mining in Niyamgiri was at its peak, Hindalco Industries quietly carried on with its work in Mali Parbat, just miles away from the Vedanta project. But not anymore! With locals protesting against Hindalco’s move to mine Mali Parbat, the contractor who was...
Bua residents concerned at the dust pollution from bauxite mine.
Landowners in areas surrounding the bauxite mine in Bua are concerned at the amount of dust pollution from the mine. They raised the issue in a meeting with the Commissioner Northern last month. The dust comes mostly during the transportation of the bauxite from the mine to the jetty. Director...
