Metro Mining builds bauxite momentum with record output, lower costs and broader sales
Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
Ghana’s 920Mt of bauxite reserves catch global investors’ attention amid aluminium push
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...
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Hydro’s bauxite and alumina EBIT climbs 66% in Q3 2018 from same period last year, but production stood low
On releasing Norsk Hydro’s third quarter results, the company’s president and CEO Svein Richard Brandtzæg said, "The third quarter reflected our continued challenges at Alunorte and increased raw material costs, while higher aluminium and alumina prices, as well as strong Energy results,...
ABx Announces Completion Of Design Phase In ALCORE Aluminium Fluoride Project
Australian Bauxite Limited (ABx) revealed yesterday that its wholly-owned subsidary ALCORE Limited recently completed the design phase of its Stage 1 project to produce aluminium fluoride (AlF 3 ), putting it ahead of the firm’s original production schedule. Per ABx’s press release, ALCORE is now...
Metro Mining reports record operational performance in September quarter; to achieve yearly production guidance
Metro Mining has published a detail operational report for the September quarter. Total September quarter shipments totalled 822,000 tonnes, more than double the amount shipped in the June quarter (399,000t). The Bauxite Hills mine operated close to budgeted monthly production and shipping levels...
Altus sells out 50% stake in Cameroonian bauxite JV
Project generator Altus Strategies has agreed to sell off its 50% stake in the Birsok bauxite project in Cameroon. The company generated £3 million (US$3.96 million) in shares and a US$1.50 per tonne royalty. Canyon Resources bought the 50% stake in the project and became the existing joint venture...
Australian Bauxite’s patented technology to produce high-grade, high-value aluminium products
Australian Bauxite Ltd (ASX:ABX) marketing and investor relations manager Julie Young speaks to Proactive Investors about the bauxite producer’s operations and the development of its patented process technology. The patented technology is held by ABX subsidiary ALCORE Limited and can convert raw...
Emirates Global Aluminium expects first bauxite export from its mine in Guinea in H2 2019
Emirates Global Aluminium, an aluminium conglomerate equally owned by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai, has announced that it expects first export from its bauxite mine in Guinea to take place in the second half of 2019. The announcement came following...
Lindian Resources granted license over Lushoto Bauxite Project
Australian mineral exploration company Lindian Resources Limited (Lindian) has received three mining licences from the Tanzania Mining Commission over Lushoto Bauxite Project in Tanzania. The granted licences PL 11176/2017, PL 11177/2017 and PL 11178/2018 cover an area of 53.2 km² and include the...
Guinea Ensures Bauxite Mining Companies Respect Environment - Prime Minister
The Guinean government is ensuring that bauxite mining companies working in the country do not harm the environment, Prime Minister of the Republic of Guinea Ibrahima Kassory Fofana told Sputnik regarding a recent rights watchdog report on the dangers of such mining. The Human Rights Watch...
Metro Mining Ltd releases quarterly update on Bauxite Hills Project shipments
According to a press update from Metro Mining, in mid-September, Bauxite Hills shipped its one millionth tonne of ore since the commencement of operations in April 2018 representing an excellent operational achievement.By the end of September total shipments stood at 1.22 million wet metric tonnes....
Hydro Alunorte announces full curtailment of its refinery and mine operations
As announced by a press release from Norsk Hydro dated October 3, it’s alumina refinery Alunorte in Brazil is preparing for full curtailment of its operation. The decision, according to the press release was taken as the bauxite residue deposit area 1 (DRS1) is almost in its full capacity, due to...
Anrak Aluminium optimistic about starting operations at its alumina refinery after a High Court order
Anrak Aluminium Limited (AAL), a joint venture of Penna Group and Ras Al Khaimah is optimistic about starting operations of its 1.5 million tonne alumina refinery in Visakhapatnam in the next few months after Hyderabad High Court passing a judgement in favour of it. The refinery is lying...
Production on hold at New Day Aluminium bauxite plant because of the strike by workers
As per the report on September 24, production at the New Day Aluminium Limited bauxite plant was put on hold, as almost 200 hourly-paid workers went on strike for approximately four hours. The enraged workers reported that they had no choice but to protest because of the consistent delays in...
Metro ships one million tonnes of bauxite from Bauxite Hills Mine
Metro Mining has shipped one million tonnes of bauxite from its Bauxite Hills Mine north of Weipa since mining operations commenced. The millionth tonne of bauxite was loaded aboard the bulk carrier ISA OLDENDORFF as part of a 60,000 tonne shipment bound for Metro’s foundation customer Xinfa Group....
Metminco Limited to acquire Sunshine Metals and its nickel-bauxite projects in Solomon Islands
Metminco Limited has announced it has entered into a binding agreement to acquire 100% of shares of Sunshine Metals Ltd. Sunshine Metals holds 80% of the Jejevo Nickel Project on Santa Isabel Island and an 80% interest in an early stage bauxite prospect — the Tausere bauxite Project, on the...
Solomon Islands’ bauxite export dropped 16% from last quarter in Q2 2018
According to the international export-import statistics, bauxite export from Solomon Islands is estimated to stand at 1.9 million tonnes in 2018, up 19 per cent YoY. The country has a great potential of bauxite. China is the largest bauxite market for the country. On a quarterly basis, Solomon...
Minister of Transport and Mining defends bauxite mining deal with New Day Aluminium
Jamaica’s Minister of Transport and Mining Hon. Robert Montague defended the bauxite mining deal that Jamaican Government signed with New Day Aluminium at the parliament. He said that when New Day/ DaDa Holdings, LLC (New Day) acquired 49% stake in the Noranda Jamaica Bauxite Partnership in Jamaica...
Nalco to invest INR 55.2 billion for aluminium production capacity expansion in the eastern state of Odisha
The state-owned Navratna firm National Aluminium Company Limited (Nalco) never misses to top the headline either because of its new project plan or new collaboration or extraordinary business achievements. Recently, according to a report published in Reuters, Nalco is planning to invest INR 55.2...
Chinalco to construct new alumina project in Guangxi: SMM updates
According to the latest update by Shanghai Metals Market, Aluminum Corporation of China Limited (Chinalco) on Monday, September 17, announced its plan to invest some RMB 5.81 billion to construct a new alumina project in Fangchenggang of Guangxi province. The project on completion will be...
