
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 raises $6.1m
...Australian Bauxite Ltd has raised $6.1 million from a placement of 13.5 million shares or 15.77% of its issued capital at 45c per share to sophisticated investors...

Vedanta awaits ruling on contentious Orissa mine
...Vedanta Resources is bracing itself for a crucial ruling by the Indian government this week on the company's planned bauxite mine in the eastern state of Orissa, which could finally lead to a decision on whether the project gets the go-ahead...

Bauxite Resources ups Bindoon mine plan to 2mtpa
...Bauxite Resources, the owner of a contentious bauxite mine north of Perth, has submitted a revised mine plan to WA's environmental watchdog in an attempt to establish a two-million-tonne-a-year operation near Bindoon...

Australian Bauxite In Trading Halt Pending Capital Raising
...The halt will last until an announcement is made or commencement of trading on 23rd August 2010...

Vedanta Won't Sell Shares to Repay Debt in Cairn India Deal <b>...</b>
... Vedanta plans to mine bauxite , a raw material used to make aluminum, ... Ticker, Price , Price Delta. STOXX 50, 2737.69, +39.40 (1.46%) ...

Vedanta Aluminium's Orissa Mine Should be Rejected, Government <b>...</b>
... Vedanta Aluminium plans to use bauxite from the proposed mine to run its alumina ... Aluminum is made from alumina refined from bauxite . ...

State denies saxena committee allegations
...A day after the four member Central committee headed by N C Saxena urged the Union ministry of environment and forests (MoEF) not to give approval to Vedanta Aluminium Limited (VAL) for mining bauxite at the Niyamgiri hills, the state government has shot back, denying all allegations of the...

Australian Bauxite (ASX:ABZ) CEO Ian Levy Talks with Brian Carlton on Bauxite Resource Results
...At ABx's northernmost bauxite deposit at Binjour in central QLD, encouraging thicknesses of a concealed bauxite layer up to 15 metres thick were encountered and two-stages of drilling were completed in July...

FINANCE AUDIO: Australian Bauxite (ASX:ABZ) CEO Ian Levy Talks with Brian Carlton on Bauxite Resource Results
...At ABx's northernmost bauxite deposit at Binjour in central QLD, encouraging thicknesses of a concealed bauxite layer up to 15 metres thick were encountered and two-stages of drilling were completed in July...

NC Saxena panel to submit Vedanta report
...BS reported that a 3 member committee headed by Mr NC Saxena of the National Advisory Council would on Monday submit its report to Indian environmental minister Mr Ramesh on mining of bauxite by Vedanta Aluminium at Niyamgiri hills in south Orissa’s Kalahandi district...

MITSUI, RIO TINTO TO START BAUXITE PROSPECTING IN LAOS
...Mitsui & Co. (TSE:8031) announced Friday the opening of a joint venture with Anglo-Australian mining giant Rio Tinto (ASX:RIO) to prospect for bauxite in Laos...

Bonasika yields hi-grade refractory bauxite, in commercial quantities
...COMMERCIAL quantities of high-grade refractory bauxite have been found at Bonasika on the left bank of the Demerara River just opposite Timehri, a bauxite company named First Bauxite Corporation (FBC)has reported...

Rio Tinto Limited (RIO.AX) Key Developments | Reuters.com
... The paper had said that Aluminum Corporation of China Limited was set to put its $3 billion bauxite project on hold as a result of the ...

Australian Bauxite Limited (ASX:ABZ) Bauxite Drilling Progress and Strategy
...Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX: ABZ.AX) has successfully completed its first-pass drilling campaigns on all of its QLD projects and its second-pass drilling campaign at Inverell in northern NSW...

Anti-Vedanta tribal leader abducted
...The battle for the bauxite-rich land in Niyamgiri hills in Kalahandi between Anil Aggarwal-promoted Vedanta Aluminium and local Dangria Kandha tribe intensified on Tuesday with the abduction a tribe leader at gunpoint...

Anti-Vedanta tribal leader abducted
...The battle for the bauxite-rich land in Niyamgiri hills in Kalahandi between Anil Aggarwal-promoted Vedanta Aluminium and local Dangria Kandha tribe intensified on Tuesday with the abduction a tribe leader at gunpoint...

First Bauxite Corporation Reports a Discovery of Bauxite at Surface and a Mineral Resource Estimate on the Waratilla-Cartwright Prospecting Licence
...In December 2009 the company had announced the start of sonic drilling of the bauxite deposits on the Waratilla-Cartwright Prospecting Licence (the "Warcart PL") to explore their extent, quality and continuity of a mineralized zone in the north of the PL, now referred to as the Upper Waratilla...

Maaden to meet lenders over $10.8bn aluminium project
...Saudi Arabian Mining Co (Maaden) and Alcoa have met with lenders in Dubai to work on the documentation for the financing of its $10.8bn aluminium project, Meed has reported. The project comprises of an aluminium smelter and a rolling mill, with later phases including a bauxite mine. The smelter...

