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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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...
New tribal minister opposes Posco project
Newly-appointed tribal affairs minister V Kishore Chandra Deo on Thursday gave a boost to anti-mining activism by vetoing the Posco project in Orissa and also said that bauxite mining cannot be allowed just because the mineral deposits are under the houses of poor tribals. Deo, who as Congress MP...
Rahul wants relief, rehab for people affected by Posco
Just about a year after his open support for the Dongaria Kondh tribals in Niyamgiri who are protesting the mining of bauxite by Vedanta Alumina, Congress general secretary Rahul Gandhi on Wednesday lent his support to the people facing displacement by the 12 million tonne Posco project in Orissa’s...
Southwest China's largest aluminum coal integration project was officially launched
Guizhou Province is one of the three largest bauxite-rich region of china. This province’s largest bauxite mining and aluminum coal internation project has officially launched recently. It will become the largest modern aluminum industry base in southwest China after been completed. Information...
Southwest China's largest aluminum coal integration project was officially launched
Guizhou Province is one of the three largest bauxite-rich region of china. This province’s largest bauxite mining and aluminum coal internation project has officially launched recently. It will become the largest modern aluminum industry base in southwest China after been completed. Information...
Ramesh seals Vedanta fate, now courts to decide
Sealing the fate of Vedanta's bauxite mining project in Niyamgiri hills of Orissa, Union environment minister Jairam Ramesh cancelled the environmental clearance as well on Monday. He had rejected the forest clearance in an order in August 2010. Ramesh's decision came after TOI had reported that...
South of the Embley EIS released for comment
Treasurer and Minister for State Development and Trade Andrew Fraser has invited people to have their say on the environmental impact statement (EIS) for the South of the Embley bauxite project in Weipa. Mr Fraser said project proponent RTA Weipa Pty Ltd ( RTA ) has plans to expand its mining...
Goa NCP leader summoned in illegal mining case
The crime branch of Goa Police Monday issued fresh summons to a leader of the ruling Nationalist Congress Party (NCP) in connection with a multi-crore bauxite mining scandal, officials said. The summons follows a first information report (FIR) filed by the crime branch in May on the direction of a...
'Nalco has to spend Rs 10 cr annually to get Potangi mines'
Orissa government today decided to ask the Nalco to spend at least Rs 10 crore per annum towards periphery development activities in order to avail the bauxite reserve at Potangi in Koraput district, official sources said. "We have decided to recommend Nalco's name for the bauxite mines at Potangi....
New bauxite find excites
THE region’s mineral boom continues, with the announcement that bauxite has been found at Guyra. Australian Bauxite chief executive officer Ian Levy said the recent find was the second discovery of the mineral, otherwise known as aluminium ore, in the area around Guyra and Inverell. The recent...
Minesmin panel for faster clearance to big bauxite projs
A Mines Ministry panel has recommended faster clearance to big bauxite mining projects in the country in the wake of aluminium demand likely to double to 2.8 million tonnes over the next six years. Concerned that deficit of bauxite mining capacity will reach 12 Million tonnes by 2016-17 from the...
Export price for domestic ore
Two decades after economic reforms and the junking of industrial licensing circa 1991, a remote corner of India , Lanjigarh, off Niyamgiri hills in southern Orissa, produces about as much alumina now as was the total national output then of the high-value commodity . The one-million...
Bauxite mining quota
AURUM Exploration (Fiji) Limited is contracted to dig one million tonnes of bauxite soil from the Nawailevu lands, says the permanent secretary for Mineral Resources, Filimone Kau.,br> "The total volume the contractor is to supply is one million tonnes of bauxite," Mr Kau said. "The tax and...
Chalco no longer preferred tenderer as Queensland Government to call open tender for Aurukun bauxite development
THE Queensland Government has confirmed it will call an international tender for the development of the Aurukun bauxite resources in western Cape York, effectively snubbing the giant Chinese Aluminium Company (Chalco). Treasurer and Minister for State Development and Trade Andrew Fraser last night...
Chalco no longer preferred tenderer as Queensland Government to call open tender for Aurukun bauxite development
THE Queensland Government has confirmed it will call an international tender for the development of the Aurukun bauxite resources in western Cape York, effectively snubbing the giant Chinese Aluminium Company (Chalco). Treasurer and Minister for State Development and Trade Andrew Fraser last night...
Ma'aden's $1b bauxite refinery gets financing pledge
The Saudi Arabian Mining Co (Ma'aden) has received commitment letters to cover the required $1bn commercial bank financing for the development of Ma'aden Bauxite and Alumina Co's bauxite mine and alumina refinery, Saudi Gazette has reported. The period of the loans is 16 years and will be paid in...
Ma'aden's $1b bauxite refinery gets financing pledge
The Saudi Arabian Mining Co (Ma'aden) has received commitment letters to cover the required $1bn commercial bank financing for the development of Ma'aden Bauxite and Alumina Co's bauxite mine and alumina refinery, Saudi Gazette has reported. The period of the loans is 16 years and will be paid in...
International tender for Aurukun bauxite
The Queensland Government will conduct an international tender for the development rights of the Aurukun bauxite in Western Cape York., “The original tender process in 2005-06 was based on bidders committing to develop the bauxite resource as a bauxite mine as well as a new alumina refinery to...
