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 gets final forest clearance for Panchmali South Block
National Aluminum Company Limited has received Stage II final forest clearance for renewal of its bauxite mining lease for the Panchpatmali South Block in Koraput district of Orissa for 20 more years requiring the diversion of 110.3 hectares of forest land. The original lease period in the...
NALCO gets final forest clearance for Bauxite mining
National Aluminium Company (NALCO) touched an intraday high of Rs 82.65 and an intraday low of Rs 80. At 12:32 hrs the share was quoting at Rs 81.70, up Rs 0.75, or 0.93%. It was trading with volumes of 604,530 shares, compared to its 5-day average of 245,411 shares, an increase of 146.33%. In the...
NALCO gets final forest clearance for Bauxite mining
The company has got final forest clearance for Bauxite mining in Orissa, reports CNBC-TV18, quoting Agencies.
Orbite alumina process has global appeal
Exploration Orbite VSPA Inc. says its patented process to convert the Grande Vallée aluminous clays in the Gaspé Peninsula into alumina may have a much wider potential than expected. Orbite has already produced high-grade alumina - the intermediate material for smelting primary aluminum - in its...
Srikant Jena seeks CBI probe into mining scam
Union minister and senior Congress leader Srikant Jena on Sunday said the Orissa government should immediately order CBI probe into the multi-crore mining scam in the state to probe its “honesty.” The minister also pleaded for cancellation of the controversial Orissa Mining Corporation-Vedanta...
CB&I Announces Storage Tank Project in Saudi Arabia
CB&I (NYSE: CBI) announced that it has been awarded a storage tank project, valued in excess of US$60 million, by the Ma'aden Bauxite and Alumina Company. The project is a part of the Integrated Aluminium Complex in Ras Al-Khair, Saudi Arabia. CB&I's scope of work includes the engineering,...
Vietnam aims to start alumina production in September
Reuters reported that Vietnam will produce the first alumina from a bauxite complex in the Central Highlands in September after months of delays caused by adverse weather, power shortages and slow equipment delivery. Mr Tran Duong Le deputy director of the complex's management board said that the...
Orbite Successfully Applies Its Alumina Extraction Process to Bauxite
Exploration Orbite VSPA (TSX VENTURE:ORT.A) announces that it has successfully extracted alumina from samples of Guinean bauxite. Repeated internal laboratory tests and reviews by independent engineers have confirmed the potential of Orbite's process to extract alumina from bauxite. Orbite's...
Orbite Successfully Applies Its Alumina Extraction Process to Bauxite
Exploration Orbite VSPA (TSX VENTURE:ORT.A) announces that it has successfully extracted alumina from samples of Guinean bauxite. Repeated internal laboratory tests and reviews by independent engineers have confirmed the potential of Orbite's process to extract alumina from bauxite. Orbite's...
Orbite Successfully Applies Its Alumina Extraction Process to Bauxite
Exploration Orbite VSPA (TSX VENTURE:ORT.A) announces that it has successfully extracted alumina from samples of Guinean bauxite. Repeated internal laboratory tests and reviews by independent engineers have confirmed the potential of Orbite's process to extract alumina from bauxite. Orbite's...
Vietnam to produce bauxite in September
Vietnam will produce the first alumina from a bauxite complex in the Central Highlands in September after months of delays caused by adverse weather, power shortages and slow equipment delivery, the official Vietnam News Agency reported. The country's first alumina plant in Lam Dong province is now...
Vietnam aims to start alumina production in September-report
Vietnam will produce the first alumina from a bauxite complex in the Central Highlands in September after months of delays caused by adverse weather, power shortages and slow equipment delivery, the official Vietnam News Agency reported on Wednesday. The Tan Rai refinery is slated to produce...
Stability in Guinea Bissau allows re-launch of Buba and Boé projects
The climate of greater stability recently felt in guinea Bissau has given a new lease of life to the projects for the port of Buba and the Boé bauxite mine, promoted by Angolan investors, according to the Africa Monitor newsletter. As well as greater political and social stability, resulting from...
Weipa South of Embley project reaches EIS milestone
Rio Tinto Alcan welcomes the Queensland Government's release of the Environmental Impact Statement for a bauxite mining project that will underpin the long term future of its Weipa operations in Cape York Peninsula. The South of Embley project will see Rio Tinto Alcan extend bauxite mining on an...
Henan province prospected native distribution of bauxite resources
Recently, the survey summary of Henan bauxite resource utilization status was passed the expert evaluation and gets a good grade. For the preparation of The Acceptance Review Regulations of National Resources Utilization Status Summary Survey and to make sure the feasibility of the summary surveys...
Ma’aden Q2 profit surges to SR62.5m
Saudi Arabian Mining Co. (Ma’aden) said Sunday its profit doubled in the second quarter. Ma’aden made a net profit of SR62.5 million ($16.7 million) in the three months to end-June, compared to SR31.2 million in the same period a year earlier. Analysts surveyed by Reuters expected the firm to post,...
Ma’aden Q2 profit surges to SR62.5m
Saudi Arabian Mining Co. (Ma’aden) said Sunday its profit doubled in the second quarter. Ma’aden made a net profit of SR62.5 million ($16.7 million) in the three months to end-June, compared to SR31.2 million in the same period a year earlier. Analysts surveyed by Reuters expected the firm to post,...
Bauxite Resources Limited (ASX:BAU) Appoints Mr Zhan Qingwei as Alternate Director
Bauxite Resources Limited (ASX:BAU) wishes to advise the appointment of alternate director, Mr Zhan Qingwei (as alternate for Mr Yan Jitai). Mr Zhan Qingwei is the General Manager of Yankuang Resources Pty Ltd, the Perth based company which holds the interests in the Bauxite Resource and Alumina...
