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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Vedanta, Andhra co to source GMDC bauxite
Vedanta Resources and Vishakhapattanam-based AnRak Aluminium limited will source 3 lakh tonnes bauxite from Gujarat Mineral Development Corporation's Gadhshisha mines in Kutch district. Both these companies bid highest for GMDC's bauxite. GMDC, majorly owned by the Gujarat government had, earlier,...
Mining lobby mounts pressure for revocation of moratorium
The all-powerful mining lobby is upping the ante to lift the moratorium on allowing AP Mineral Development Corporation to dig bauxite ore and supply it to Jindal South West Aluminium Ltd and Anrak Aluminium Ltd. Sources told The Hindu that the mining lobby intensified efforts to revoke the...
Protests fail to move Anrak
Despite facing stiff opposition from local tribals on mining bauxite reserves in the Agency area, Anrak Alumina Company is believed to be going ahead with pre-commissioning of the plant in the next six months. The refinery at Rachapalle in Makavarapupalem mandal near Narsipatnam is almost ready and...
Cancel bauxite mining leases in Vizag
Telugu Desam Party (TDP) has urged governor ESL Narasimhan to use his office and see that the government cancel the bauxite mining leases given to private firms in Visakhapatnam Agency area. A TDP delegation led by opposition leader in the Legislative Council Dadi Veerabhadra Rao submitted a...
Balco's bauxite mining displaces Chhattisgarh tribals
Raipur : Several families belonging to the poverty-hit Baiga tribe in Chhattisgarh were hit by bauxite mining operations of aluminium major Bharat Aluminium Company Ltd (Balco), Chief Minister Raman Singh said Thursday. "In Kabirdham district, Baiga tribes were displaced by Balco's bauxite mining...
First Bauxite Corporation Announces Signing Letter of Intent to Enter Into Its First Sintered Bauxite Supply Off-Take Agreement
First Bauxite Corporation CA:FBX -7.14% (frankfurt:FBI)(berlin:FBI) ("First Bauxite" or the "Company") is pleased to announce that it has signed a Letter of Intent ("LOI") to enter into its first Sintered Bauxite Supply Off-Take Agreement ("Off-Take Agreement") with a global refractory products...
Bauxite mining: Expert panel plans secret visit
Not with standing strong protests from tribals and a 48-hour bandh in the Agency area, the Central government is likely to give the nod to bauxite mining in the forests of Chintapalle and Ananthagiri in Visakhapatnam district. At least, that was the indication one would get at the end of the public...
Bauxite Resources be granted a further thirteen exploration licences
Bauxite Resources Ltd (ASX: BAU) ("BRL" or "the Company”) is pleased to announce that it has been granted a further thirteen (13) exploration licences. The new exploration licences are all in the Darling Range and will form part of the Company’s suite of tenements that are the cornerstone of the...
Guinea's next steps: mining review, army reform
Guinea will review mining contracts and cut the size of the armed forces during 2012, President Alpha Conde said in a speech outlining his priorities for his second year in office. The moves are aimed at boosting the West African state's economy and cementing its fragile stability, but if done...
Panel makes aerial survey of bauxite mining
Despite people's opposition and agency bandh, the high-powered committee of the Union ministry of environment and forests on bauxite mining conducted an aerial survey of Jerrela and surrounding areas on Wednesday. The district administration had tried to keep the committee's visit a secret by not...
Suriname ‘bauxite industry languishing’
Natural Resources Minister Jim Hok is sad about the bauxite industry’s languishing existence. ‘When this Administration came to office employment in the sector was dropping, the smelter had been closed, and in fact the bauxite industry is dying.’ Despite the dark prospects for Suralco, Hok...
Bauxite mining: Tension prevails in Vizag dist over committee visit
The 48-hour bandh in the agency area (tribal tracts in the eastern ghats) of Visakhapatnam district against the visit of a four-member expert committee from the Ministry of Environment and Forests to the proposed bauxite mining areas, was total on Tuesday. Even bicycles were not allowed on the...
GMDC, Alumina Refinery in JV for value addition
Gujarat Mineral Development Corporation and Mumbai-based Alumina Refinery Limited will jointly take up project to manufacture speciality chemicals from Bauxite in Kutch. The state government had earlier decided to value-add the minerals instead of selling raw ores. The move is in line with the...
Ministry approves first phase of National Highway project
The Ministry of Transport has approved the first phase of National Highway 20 upgrade to transport bauxite ore from the Central Highland province of Lam Dong to southern Dong Nai Province. According to Decision 2525/QD-BGTVT, signed by Minister Dinh La Thang on November 7, the 123km road from Lam...
Bauxite Reserve Discovered in Henan Xin’an County
A large bauxite deposit was discovered in Henan Xin’an County recently. The bauxite reserve reached about 23.62 million tons with potential economic value to CNY 5 billion. The discovery of this new bauxite reserve marks that Henan province has made a breakthrough in bauxite exploration.
Centre asked to take up Nalco lease issue with Odisha
A parliamentary panel has expressed displeasure over delays in Nalco's expansion plans mainly due to failure to get leases for bauxite and coal mining in Odisha, and has asked the Mines Ministry to take up the matter at the highest level with the state government. Investment to tune of Rs 6,500...
INTERVIEW: First Bauxite Strengthens management team
George Bennett has been appointed chief operating officer of First Bauxite Corp., which is developing the refractory grade bauxite Bonasika deposite in Guyana. An applied science graduate of Queen's University, Ontario, with a degree in engineering geology, Bennett has over 50 years involvement...
China Bauxite Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects, and Competitive Landscape
Reportlinker.com announces that a new market research report is available in its catalogue: China Bauxite Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects, and Competitive Landscape...
