International investor interest in Ghana’s bauxite industry has intensified, with Coal India becoming the latest overseas company to evaluate opportunities in the country as it seeks to diversify beyond coal and secure mineral assets abroad. The Indian state-controlled miner’s interest remains at...
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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Arrow Minerals Limited is pleased to announce a significant step forward in its expansion strategy with the entry into a Share Purchase Option Agreement (the Agreement) to acquire the Niagara Bauxite Project situated in Guinea. Guinea is currently the world's largest exporter of high-grade,...
Guinea's military leadership has introduced a draft constitution to reduce presidential terms and limit the number of terms a president can serve the West African nation with the world's largest bauxite reserves on record. The proposed changes, announced by Jean-Paul Kotembedouno, spokesperson for...
Canyon Resources Limited has formally signed a mining convention for the Minim-Martap Bauxite Project in Cameroon. This pivotal agreement grants Canyon's subsidiary, Camalco Cameroun SA, the right to mine and export bauxite contingent upon the issuing of a mining permit for the project area. The...
Saudi Arabia’s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a global leader in the industry. Saudi Arabia is rich in minerals essential for various global industries. The Kingdom is transitioning into a leading exporter of diverse energy types, moving...
The Planning Institute of Jamaica's 2023 Economic and Social Survey reveals that the local bauxite sector almost doubled its output last year, significantly contributing to an 86.8 per cent growth in the mining and quarrying industry compared to 2022. This recent edition of the survey, tabled in...
The Government of Ghana, through the Ministry of Lands and Natural Resources, has presented mining lease agreements for bauxite and lithium to Parliament for consideration. The Ministry submitted a lease agreement with Ashanti Bauxite Limited Company to mine bauxite in the Nyinahini Block 2 Area in...
The Jamaican Minister of State for the Ministry of Agriculture, Fisheries, and Mining, Hon. Frank Witter, has emphasised the critical role of the Jamaica Bauxite Institute (JBI) in the research and governance of bauxite residue management. At the opening ceremony of the JBI International Workshop...
During this week's Noosa Mining Investment Conference in Queensland, the Australian mining and exploration company Metro Mining will showcase the ongoing acceleration of operations at its Bauxite Hills Mine, situated north of Weipa. Commencing mining activities at the expansive 1,900 km 2 project...
China’s bauxite imports in May 2024, following a peak in April, reversed and stood below 14 million tonnes. According to China customs data, the country imported 13.549 million tonnes, registering a month-on-month decline of 4.84 per cent from 14.2376 million tonnes and year-on-year fall of 4.63...
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) said it would possibly ease some restrictions on bauxite ore exports, according to statements from ministry spokesperson Agus Cahyono Adi. This proposition followed discussions between ESDM Minister Arifin Tasrif and members of Commission...
Funds management giant Regal is actively seeking investors for a substantial $20 million capital-raising effort to acquire a royalty over a bauxite operation in Northern Queensland, according to sources close to the deal. Regal Funds Management, established in 2004, is one of Australia's most...
South32's Boddington bauxite mine expansion in Australia, which aims to extend the Worsley alumina refinery's operations for an additional 15 years, has secured support from the Environmental Protection Authority (EPA), albeit with conditions. The alumina refinery, the second-largest alumina...
Indonesia unveiled Southeast Asia's first electric vehicle battery manufacturing facility on July 3, 2024, as a landmark for the region's automotive industry. The facility boasts the world's largest nickel reserves and the sixth-largest producer of bauxite. Situated in Karawang, West Java Province,...
Singapore-based Winning International Group, a renowned Chinese Capesize specialist, is set to enhance its seaborne trade from West Africa to China with a significant new order. The company has commissioned six very large ore carriers (VLOCs) at an estimated total cost of nearly $700 million, a...
Metro Mining Limited has announced a new shipment record for the second quarter of the calendar year, reaching 1.42 million WMT (wet metric tonnes). This represents a 12 per cent increase compared to Q2 2023. Year to date, the total shipments stand at 1.50 million WMT. Additionally, Q2 2024 has...
CSI Mining Services, a Mineral Resources Limited (MinRes) subsidiary, has initiated the transport of bauxite ore for Rio Tinto's Weipa operations in northern Queensland. Recognised as a leader in pit-to-ship solutions, CSI Mining Services specialises in innovative crushing, screening, and...
In a collective decision, the Parliament of Ghana has approved a mining lease for the Ghana Bauxite Company, granting it the rights to mine bauxite in Awaso, located within the Bibiani Anhwiaso Bekwai Municipality of the Western North Region. This decision came after a comprehensive report was...
The development of Indonesia’s aluminium downstream industry holds substantial promise despite the slow progress seen in recent years. A senior government official recently revealed that only one of the eight alumina refinery projects in the government's ambitious pipeline has shown significant...
