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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The Vietnamese government's decision to initiate bauxite mining in the northern region, focusing on three previously unexplored sites, marks a significant step towards resource diversification. This strategic move aims to harness the potential of these untapped locations and underscores the...
The Brazilian integrated aluminium company Companhia Brasileira de Alumínio (CBA) operates in an integrated manner, from mining to the final product has adjusted its capital expenditure (capex) program's timeline due to a progressively demanding price environment. In its Q2 financial results, CBA...
The 2 nd Odisha Mining and Infrastructure International Expo is set to take place from 15th to 18th February 2024 at Janata Maidan, Bhubaneswar, Odisha, India. This prestigious event, organized by Futurex Trade Fair and Events Private Limited, is an exclusive international B2B trade show that...
In July, the Visakhapatnam Port Authority (VPA) achieved remarkable milestones in handling bauxite and manganese, setting new records for the highest tonnage ever recorded in a calendar month. The port efficiently handled an impressive throughput of 259,242 tonnes of bauxite, surpassing its...
Rio Tinto announced its operational and financial results for the first half of 2023 ended June 30, revealing the bauxite and alumina production standing at 25.6 million tonnes and 3.7 million tonnes, respectively. On a year-on-year basis, Rio’s bauxite output edged an 8 per cent downfall as Weipa...
The bauxite mining subsidiary of Emirates Global Aluminium, Guinea Alumina Corporation (GAC) and Electricité de Guinée (EDG), the national electricity company, has recently entered into a non-binding memorandum of understanding (MoU). The primary objective of this MoU is to ensure a stable supply...
China, the world's largest aluminium producer, has achieved a groundbreaking milestone in the mining industry by successfully implementing longwall shearers in bauxite mines, marking the world's inaugural application of this comprehensive mechanized mining technology underground. Spearheading this...
The Volta Aluminium Company (VALCO) was established as a collaborative venture between the Government of Ghana and Kaiser and Reynolds of the United States of America. VALCO started operations in 1967, with ownership then vested in Kaiser Aluminium and Chemical Corporation (Kaiser) and Reynolds...
On July 10, according to a report submitted to the Bucharest Stock Exchange, Alum Tulcea's shareholders approved the sale of Global Aluminium Ltd BVI, the subsidiary through which the company held ownership of the bauxite mines in Sierra Leone. However, Alum Tulcea is 99.4% owned by Romanian...
Pankaj Oswal, an Indian business magnate, and his wife, Radhika, have recently acquired one of the most expensive homes in the world, Villa Vari, named after their daughters Vasundhra and Ridi. Oswal Group's leader, the bauxite mining and petrochemicals conglomerate, has spent almost $200 million...
PT Cita Mineral Investindo Tbk (CITA), one of the largest Bauxite Mining Groups in Indonesia and a producer of Smelter Grade Alumina (SGA) in Indonesia, managed to record positive performance in 2022 by recording a net profit of IDR 744.82 billion, an upswing of 31 per cent y-o-y. On June 28, 2023,...
At its Juruti bauxite mine in Pará state, the Brazilian unit of US-headquartered multinational aluminium company Alcoa is quickening the switch to clean energy. The US aluminium giant hopes to begin a project to switch from fossil fuel-fired generating to grid-connected power supply shortly. The...
The inhabitants of Fiji's Nawailevu village in Bua have started a project to assist in rehabilitating the land utilised for bauxite mining over the last decade. This is accomplished by establishing a sustainable landscape plot planted with fruits, vegetables, root crops, and trees. Vilikesa...
Chinese cape specialist Winning International Group, headquartered in Singapore, has secured a third ship deal in 2023. The Winning International Group is a multifaceted conglomerate with operations in mining development, ship management, shipping operations, maritime transhipment, and railway...
Rusal, the world's second-largest aluminium company by primary aluminium production, announced that on Thursday, June 15, it started the construction of a modern alumina facility in the Leningrad region. Rusal contemplates investing around 400 billion rubles in this project to construct four...
Guinea is indeed one of the world's largest producers and exporters of bauxite, which is the primary source of aluminium. Historically, Indonesia was a significant bauxite supplier, but it implemented an export ban on unprocessed bauxite to encourage the development of its domestic aluminium...
China's rising reliance on bauxite, the primary raw material for alumina production, has prompted the world's largest miner to seek alumina refineries worldwide, particularly emphasising crucial supplier Indonesia following an export embargo. According to analysts and AL Circle's industry-focused...
In the dynamic global landscape of mineral resources, bauxite production is a pivotal contributor to numerous industries. With its remarkable versatility and application in manufacturing, bauxite continues to fuel economic growth and development worldwide. As we delve into mineral production, let...
