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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Bauxite miners have once more pleaded with the Indonesian government to rethink the policy since domestic facilities are insufficient to process their output. However, this is to be noted that Indonesia is scheduled to restrict unprocessed bauxite exports in the next few days. Indonesia, the...
The Queensland Resources Council (QRC) has backed the opposition's proposal to add alumina, bauxite, aluminium, nickel, copper, zinc, potash, and phosphate to the list of critical minerals and welcomed the upcoming publication of the Australian Government's revised Critical Minerals Strategy....
Alumina Limited has endorsed Alcoa's bauxite mining, which Premier Mark McGowan has cautioned must not jeopardise Perth's water supply. Alumina Limited chair Peter Day said that the business, which controls 40 per cent of Alcoa's Australian operations, was aware of community expectations about...
Aluminium Bahrain B.S.C. (Alba)’s Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa, said they would like to strengthen relationships with key aluminium producers in the Arab World at a meeting with the Egyptian Minister of Public Enterprises Sector, His Excellency Dr...
The International Monetary Fund (IMF) has raised concern about the Chinese government potentially gaining access to Ghana's mineral, majorly bauxite and electricity revenues, citing Ghana's failure to meet loan terms. The IMF is a 190-member country organisation that promotes global monetary...
The Australian-listed company with world-class bauxite and rare earth assets, Lindian Resources, has signed a supply agreement with a new cash-rich partner. The company has announced a new six-year arrangement with freight shipping firm C&D Logistics to provide 23 million wet metric tonnes of...
Ghana's President, Nana Addo Dankwa Akufo-Addo, has established the Ghana Integrated Aluminium Development Corporation (GIADEC) will add value to the country's raw bauxite resources. Ghana's overdependence on exporting raw products has prevented the country from benefiting optimally from its...
Norsk Hydro said on Thursday that it would sell a 30 per cent share in Brazilian alumina refinery Alunorte and a 5 per cent investment in bauxite producer Mineracao Rio do Norte to Swiss miner and trader Glencore. However, in a recent update, Glencore plans to pay about $700 million for the equity...
Hydro has struck a deal with Glencore under which Glencore would purchase 30 per cent of the Brazilian alumina refinery Hydro Alunorte and 5 per cent of the Brazilian bauxite production Mineraco Rio do Norte (MRN). Glencore will buy an extra 40 per cent of MRN, now controlled by Vale. Hydro will...
On Wednesday, April 19, Rio Tinto, a leading Anglo-Australian mining group, announced its operational results for the first quarter of 2023, revealing an 11 per cent year-on-year decline and 8 per cent month-on-month drop in bauxite output to 12.1 million tonnes. The downfall took place due to the...
Indonesia's energy and mineral resources industry (ESDM) has assured that the four existing alumina refineries could engross Indonesia's bauxite production when the bauxite export restriction goes into effect in June 2023. An ESDM ministerial staff for mineral and coal management acceleration said,...
Samuel Abu Jinapor, the Minister for Lands and Natural Resources of Ghana, has invited the investor community to fund Ghana’s integrated aluminium industry. He has appealed to the investor community to consider Ghana’s stable democracy, steady economy, and resilient democratic institutions for...
On Tuesday, April 4, Samuel Abu Jinapor, Minister of Lands and Natural Resources of Ghana, revealed his anticipation that a comprehensive development of an integrated aluminium industry, with an estimated bauxite resource base of over 900 million tonnes, would create around 2 million sustainable...
According to Vietnam's latest geological and mineral strategy, the country is eyeing to bolster governance over the use of mineral resources and strengthen investment in mining technology while establishing a state-of-art mining sector that adheres to environmental protection. In accordance with...
The Nalco-operated Panchpatmali bauxite mine achieved the highest-ever annual bauxite excavation rate since its inception. FY 22-23 has been reported with a figure of 75,50,670 tonnes, up from its previous benchmark of 74,14,100 tonnes in FY 18-19. Odisha's Bauxite mines are vital to NALCO's supply...
Winning Logistics in Guinea awarded Konecranes an order for two Konecranes Gottwald Cranes on Barge in the first quarter of 2023. Winning will use ten Konecranes Gottwald Cranes on Barge to load ships with bauxite off the coast of West Africa after on-site commissioning in Q3 2024. Konecranes is a...
On March 29, 2023, a train accident occurred in the district of Tinguilinta in the sub-prefecture of Tanéné in Boké. According to our information, a CBG train loaded with Bauxite in the province from Sangaredi struck a machine in which a young employee of a security company was present. It has been...
The Indian state-owned integrated aluminium company, National Aluminium Company Limited (NALCO), has successfully developed a Bauxite Certified Reference Material (CRM) naming as BARC B1201 in collaboration with Bhabha Atomic Research Centre (BARC). BARC is a multi-disciplinary research centre with...
