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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Vietnam's renowned miner Vinacomin has unveiled ambitious plans to significantly expand its alumina-aluminium production capacity. With an investment totalling a staggering 182 trillion dong ($7.3 billion), Vinacomin's endeavour highlights Vietnam's growing demand for this versatile metal, driven...
In 2018, Michael Ansah was appointed by the President of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo, to lead the development of an Integrated Aluminium Industry in Ghana. GIADEC is harnessing Ghana’s 900 million tonnes bauxite reserves, its ownership of Valco, as well as its minority stake...
Aluminium Corporation of China (Chalco) expressed concerns about the "relatively high" risks associated with bauxite supplies from Guinea, highlighting the nation's increasing reliance on a single source for this crucial raw material. Last year, Guinea accounted for 70 per cent of China's bauxite...
On the afternoon of March 15th, 2024, the inaugural meeting for the Qingzhen City Bauxite Recycling Project (Phase I: 500,000 tonnes Desulfurisation) of Guiyang Industrial and Commercial Assets Management Co., Ltd. took place successfully in the conference room of the project department situated at...
The Chiefs and residents of Nyinahin-Mpasaaso recently convened for a vibrant durbar, extending a warm welcome to the Ghana Integrated Aluminium Development Corporation (GIADEC) and Mytilineos S.A. into their community. This gathering marked the official announcement of Mytilineos as the strategic...
Hydro Paragominas, a mining enterprise centred on bauxite extraction in Paragominas (PA), marks its 17th anniversary this March with a strong emphasis on innovation and sustainability. Spearheaded by Industrial Director Anderson Martins, the company is renowned for its continual pursuit of...
The Jamaican Minister of Agriculture, Fisheries, and Mining, Hon. Floyd Green, announced a $1.2 billion investment plan to transform neglected former bauxite lands into productive agricultural areas. Green pointed out, “What we are looking to do is to take those lands that are now being...
President Nana Addo Dankwa has assured Ghanaians of brighter days ahead, foreseeing an economic breakthrough following a recent downturn. He highlighted several government initiatives to mitigate economic challenges and provide relief to businesses and the general population. Government initiatives...
In a groundbreaking development poised to transform the mining and shipping sectors in West Africa, Cosco Shipping Bulk Co., Ltd, CTC Mining (SL) Ltd, and Baometal Minerals International Trade Ltd have unveiled their collaboration on the ambitious CTC Port Loko Port Project. This trilateral pact...
During his State of the Nation address in Parliament on February 27, the President of Ghana, Nana Addo Dankwa Akufo-Addo, announced several initiatives to accelerate the nation's industrialisation agenda and ensure value for money. Among these measures, the government will establish a $450 million...
Metso has secured an order for a single-stage semi-autogenous grinding (SAG) solution for a low-carbon aluminium industry project in China. Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for global aggregates, minerals processing and metals refining...
The bauxite mining subsidiary of Emirates Global Aluminium, Guinea Alumina Corporation (GAC), intends to set up an alumina refinery in Guinea with an annual capacity of 1 million tonnes. EGA is the world's largest 'premium aluminium' producer. GAC is jointly owned by Mubadala Development Company...
Guinea is poised to secure approximately $4 billion in funding from the United Arab Emirates this week. Under the junta ruling since 2021, the government has strategically engaged with development funds and investors in Dubai to support key sectors such as infrastructure, healthcare, and education....
In 2023, Chinalco Guinea's bauxite production and return volume reached a new high, leveraging the strategic deployment of overseas resources of Chinalco Group and Chinalco shares. As per the report, the company achieved 104.8 per cent of the annual target task, marking a new chapter in the...
On February 5, 2024, the Greece-based industrial conglomerate Mytilineos, focused on energy and metals, revealed that it secured a prospecting license from the Ghana Integrated Aluminium Development Corporation (GIADEC) to explore and extract bauxite deposits in the Ninayhin-Mpasaso region. The...
Societe Miniere de Boke (SMB), the leading bauxite producer and exporter in Guinea, announced plans to invest up to $1 billion over the next five years. On February 5, 2024, Frederic Bouzigues, the CEO of SMB, stated that the investment aims to enhance its river terminals and acquire vessels. This...
The West African nation Ghana is poised to gain from a forthcoming alumina refinery as a strategic partner that has been successfully chosen to collaborate with the Ghana Integrated Aluminium Development Corporation (GIADEC) to implement Project 3A. This project is part of the Integrated Aluminium...
National Aluminium Company Limited (NALCO), a Schedule 'A' Navratna CPSE under the Ministry of Mines, Govt of India, has reportedly communicated that its ongoing expansion of alumina refinery and plans for expanding smelter have proceeded backed on the operations of allotted coal blocks and...
