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
Australian Bauxite makes “Better than the original” promise for bauxite mining
Any areas mined for bauxite around Taralga and Crookwell will be returned to a “better than the original”condition. This commitment was given at last Upper Lachlan Council meeting by Mr. Ian Levy, CEO of Australian Bauxite Limited, which is currently drilling over a wide area between Crookwell and...
Bauxite Resources detects new bauxite reserve at Ceres
Bauxite Resources (ASX: BAU) has identified potential for a major bauxite resource at the company’s Ceres Prospect in Western Australia’s southwest. A preliminary review of data collected in a 7,923.5 metre drilling program has been carried out, identifying thick, high grade bauxite close to the...
Hindalco Industries to start Orissa alumina refinery by January 2013
Non-ferrous metals producer Hindalco Industries plans to start its 1.5 million tonnes per annum (mtpa) alumina refinery in the eastern state of Orissa by January 2013, a senior company executive said on Saturday. It also expects to start mining bauxite in the state from October this year, said...
Alecto Minerals PLC gets extension for Guinean Bauxite License
Alecto Minerals plc, the AIM listed exploration and development company with gold and base metal projects in Ethiopia and Mauritania, announces that it has been granted a 30 day extension to its due diligence exclusivity period contained in the option agreement ('the Agreement') relating to the...
Government to ease Ewarton bauxite woes
There are indications that the government may be stepping in to offer some reprieve to the owners of the Ewarton bauxite plant in St. Catherine. The cost of production and the decreased demand for alumina has continued to take a toll on the company. The high cost of electricity has also been blamed...
Andhra Pradesh Governor to cancel 10 bauxite mining leases
Andhra Pradesh Governor E S L Narasimhan is likely to use his special powers to cancel 10 mining leases issued for bauxite mining in Visakhapatnam district. The leases were issued between 2005 and 2009, and included areas in forests and tribal lands in Eastern Ghats and Aaraku Valley in Vizag. The...
Chinalco Hosts Seminar on Mining Technology and Bauxite
Chinalco hosted a seminar on mining technology and bauxite recently. Director of Chinalco Science and technology department Zhang Jilong attended the meeting. The recent tax imposition on Bauxite export by Indonesia is giving rise to many questions among the industry players of the Chinese...
Andhra Pradesh govt gets special powers to cancel bauxite mining lease
Center takes keen interest on the issue of bauxite mining and the growing Maoist violence on the Andhra-Odisha border. For the first time, the Centre has urged the governor to use his special powers in Scheduled Areas to cancel bauxite mining leases given in Andhra Pradesh's Vishakhapatnam...
Bua leaders to discuss on bauxite mine
TRADITIONAL leaders in the district of Wainunu in Bua will meet next month to discuss the options of having a bauxite mine in the area. Tui Wainunu Ratu Orisi Baleitavea said the idea was a good one because it provided employment and income-generating opportunities but certain issues needed to be...
The concealed Bauxite resource of Australian Bauxite Limited at Inverell requires investigation
Sydney, May 8, 2012 (ABN Newswire) - Emerging bauxite exploration and development company, Australian Bauxite Limited discovered a thick layer of good quality bauxite in 2008-09 at its Inverell project in northern NSW (see Figure 1). Parts of that bauxite lie beneath a clay horizon and required...
Noranda Bauxite promotes community education in Discovery Bay
DISCOVERY BAY:A JOINT Effort by Noranda Bauxite, Brown's Town Community College and Heart/NTA to establish the Discovery Bay Skills Training Facility recently, earned commendation from Prime Minister Portia Simpson Miller, who has reiterated her administration's commitment to making education a...
Odisha agrees to reserve Pottangi mines for Nalco on condition
The state government has agreed to reserve Pottangi bauxite deposit in Koraput district in favour of National Aluminum Company (Nalco) provided the company fulfills certain conditions. “The state government is willing in principle for reservation of Pottangi bauxite deposit area of Koraput district...
Nawailevu bauxite mine invests $34million to set up local operation
THE Nawailevu bauxite mine in Bua has invested about $34million ($US20million) into the economy to set up local operation, says mine manager Basilio Vanuaca. He said the mine was expected to excavate a million tonnes of bauxite over the next two years. The total cost includes assistance to the...
Australian Bauxite Limited (ASX:ABZ) Inverell Resource Grade Improvement - 38 Million Tonnes Resource
Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX:ABZ) discovered a thick layer of good quality bauxite in 2008-09 at its Inverell project in northern NSW. Parts of that bauxite lie beneath a clay horizon and required further investigation. ABx conducts thorough...
Habtoor Leighton Group wins USD 169 million contract from Ma’aden Alcoa Aluminium
Habtoor Leighton Group in joint venture with Dragados Gulf Construction Company / Intecsa Industrial (ACS Group), has been awarded a USD 169 million contract in Saudi Arabia for the construction of mine-related infrastructure for the Ma’aden Alcoa Aluminium joint venture’s bauxite mine. The project...
Ord River delivers JORC Resource upgrade at bauxite and alumina project
Highlighting some of Ord River's recent achievements, just last month the company delivered a 73.8% increase in the JORC Resource for the bauxite and alumina project in Laos, with a Bankable Feasibility Study the next step in progressing the project. The new Resource comprises 226 million tonnes at...
Bauxite Resources confirms significant bauxite grade in Western Australian site
Bauxite Resources has confirmed significant bauxite grades and thicknesses over a large area of its southwest Western Australian tenement area. Preliminary view of the data in an exploration drilling program on private farmland north of Wundowie revealed bauxite grades with 55% of holes containing...
No guarantee for bauxite mine: Queensland Government
The Queensland Government says there's no guarantee a bauxite mine will be approved near Cape York following the overturn of the Wild Rivers legislation. ABC News reports QLD Natural Resources and Mines Minister Andrew Cripps said mining companies would still face strict regulations after Wild...
