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 Naibulu Mine in Dreketi, Fiji, owned by Xinfa Aurum Exploration, is yet to resume exporting bauxite because of its low-grade issues. Filimoni Vosarogo, Fiji's Minister of Lands and Mineral Resources, said, "The Company is looking for ways to improve quality to resume exports." However, it has...
The American aluminium major Alcoa has cancelled its plan to stretch bauxite mining in Australia's Northern Jarrah Forest to export unprocessed ore. Consequently, it will conserve its output for its three West Australian alumina refineries. Alcoa's mines in Western Australia produce approximately...
The Jamaican Supreme Court has prohibited Noranda Jamaica Bauxite Partners and New Day Aluminum (Jamaica) Limited from mining bauxite in St Ann's Cockpit Country, which some residents claim threatens their ability to survive. On January 20, 2023, the Supreme Court issued an injunction to prevent...
Mahanadi Coalfields Limited (MCL), one of the eight subsidiaries of Coal India Limited and India’s major coal-producing companies, is mulling to make a debut in aluminium business and soon setting up a greenfield project. Sources say the mini ratna company is looking to secure a bauxite mine for...
Alcoa has informed its US investors that delaying approvals to elongate its bauxite mining in Western Australia (WA) will cost approximately $240 million in 2023. Nonetheless, stricter environmental standards would help maintain community support, allowing it to continue mining South West forests...
On January 10, 2023, Sierra Mineral Holdings 1 Limited, a subsidiary of Vimetco N.V., issued a memo stating that it would temporarily suspend all operations in Sierra Leone. The memo states that the suspension is due to the lack of bauxite sales on the global market, which has had a detrimental...
On January 9, 2023, the developer of the world-class Minim Martap bauxite project in Cameroon, Canyon Resources, announced the signing of a Memorandum of Understanding (‘MoU’) that outlines a declaration of intent with the Port Authority of Douala (‘PAD’) regarding the development of infrastructure...
The Indonesia-based company engaged in bauxite mining and alumina production, PT Cita Mineral Investindo Tbk (CITA), will be involved in two businesses in Bulungan, North Kalimantan, one of which manages an aluminium smelting facility and the other a power plant. However, PT Kalimantan Aluminium...
The government of Maharashtra in India has resumed bauxite mining in the Kolhapur district once again. The state government is endeavouring to exclude 18 villages from starting an industrial estate in the Bhudargad taluka of the community. A request has been made to the government of India to look...
The Bauxite Hills mine in Queensland ended its operating season for the year ahead of schedule due to a weather event that could have been dangerous for mining operations and shipment on December 29, 2022, according to an announcement by the Australian mining and exploration company Metro Mining....
On December 27, 2022, Arsjad Rasjid, the General Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin), expressed support for the bauxite export ban, claiming that it will increase the value of the country's natural resources. Rasjid said, "The export ban on bauxite will take...
The bauxite segment of the global aluminium industry has witnessed some of the most crucial happenings during the last days of the year. Previously, during an economic forum, Indonesian President Joko Widodo said Indonesia would announce a ban on commodity exports without disclosing which or a...
The Malaysian construction engineering company, Citaglobal Bhd, formerly known as WZ Satu Bhd, is exiting its bauxite mining venture under SE Satu Sdn Bhd to focus on a portfolio of businesses that includes civil engineering and construction, oil and gas, power generation, property development,...
The primary driver of bauxite demand is aluminium production, which is anticipated to rise in response to increasing demand from the building, transportation, and packaging sectors. In 2021, the global bauxite market was valued at $15.59 billion, and from 2022 to 2030, it is forecast to grow at a...
The world-class bauxite project developer Canyon Resources has received a nearly A$12.1 million strategic placement from Eagle Eye Asset Holdings to advance the development of its Minim Martap bauxite project in Cameroon. Pramod Prusty, the President and CEO of Asset Holding, said on the Strategic...
Discovery Bauxite, an Atlantic Alumina subsidiary that aims to plant 200,000 trees over three years in support of the National Tree Planting Initiative, has announced that it is ahead of schedule. Operation Discovery Tree was launched in December of last year. Ackee, jackfruit, apple, kola nuts,...
On December 19, 2022, the construction work on a bauxite-alumina mining industrial complex, one of Vietnam’s most significant projects in Lao, was initiated in Dakcheung district, the southern Lao province of Sekong. The investment is counted as one of the biggest investment projects in the...
On November 24, 2022, the Inter-American Commission on Human Rights (IACHR) issued a ruling that mandates the Jamaican government take action to address the effects of bauxite mining on the health of people of particular St Ann villages. The Jamaica Environment Trust (JET) applauds this decision....
