Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
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...
Grow with
AL Circle
SAR’s phosphate and bauxite transport up 27% in H1 2017
<p>Saudi Railways Company (SAR) reported that it transported 4.06 million tonnes of phosphate and bauxite in the first half of 2017, an increase of 27 per cent. SAR’S mineral trains carried 3.21 million tonnes of phosphate and bauxite in the first half of 2016.</p> <p><img...
Possible deal between Abu Dhabi Ports and Africa may benefit Guinea bauxite industry
<p>A Bloomberg report says Abu Dhabi Ports is discussing a possible deal in Africa to leverage on the continent’s growing trade with Asia, especially Middle East. Chief Executive Officer of the government-run terminal operator, Mohamed Juma Al Shamisi said this in a Bloomberg Television...
Queensland Bauxite confirms the progress of South Johnstone Bauxite Project in June quarter report
<p>Queensland Bauxite Limited has published its June Quarter 2017 report and updated on its progress on the development of its flagship South Johnstone DSO bauxite project in northern Queensland. The company aims to generate positive net cash flows in the short term once they start production and...
Metro Mining provides construction update for Bauxite Hills project
<p>Metro Mining Limited is pleased to provide a construction update for the Bauxite Hills project, which is now fully funded through to the commencement of production.</p> <p> SAB Mining has been mobilised to site to commence civil works. SAB’s initial focus will be at the Port area,...
Australian Bauxite Ltd confirms sale of 30,000 tonnes of bauxite
<p>Australian Bauxite Limited announced the confirmation of its next bauxite sale. The company confirmed a sale of 30,000 tonnes of cement grade bauxite from its Bald Hill Bauxite mine, Campbell Town, Northern Tasmania.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
Queensland bauxite mines benefitted from growing demand for high-grade bauxite
<p>Growing demand for high-quality bauxite in the international market is slowly transforming the mining scene in Cape York at Far North Queensland. A number of bauxite projects are coming up in the area besides the Rio Tinto’s $2.6 billion Amrun project which would be one of the largest...
Jamaica Bauxite Institute gets budgetary support from Capital Development Fund
<p>The House of Representatives has approved $715.687 million grant to the Jamaica Bauxite Institute (JBI) from the Capital Development Fund (CDF), as a budgetary support for the 2017/18 financial year.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
India’s bauxite exports to ebb in Q2 FY2018; PM calls for faster mine operationalisation
<p>After hitting the highs of around 1.28 million tonnes in Q2 FY 2016-17, India’s bauxite export is inching towards a decline, as steep as 59.7per cent year-on-year, reveals global export-import trade estimate. The country exported an estimated volume of 4.12 million tonnes of bauxite in...
UPDATE: Metro Mining completes capital raising for Bauxite Hills
<p>The leading Australian mining and exploration company Metro Mining announced today the completion of fund raising for its flagship Bauxite Hills mine project in Queensland. The achievement highlights the fact that any project of global calibre can attract sizeable funding even in the current...
Metro Mining to raise more funds for the development of Bauxite Hills project
<p>Leading bauxite developer Metro Mining announced trading halt on Monday, July 17, as it prepares to raise yet another round of capital for the development of Bauxite Hills project in Queensland, Australia. The company which recently secured A$40 million debt financing from Sprott Private...
Week in Review: Bauxite news updates from the globe
<p>The exports of bauxite in Brazil rose in June following 1.6 per cent year-on-year drop in the fourth quarter of the last financial year ending 31st March 2017. Bauxite export in June totalled 906,881 tonnes, up 9.3 per cent from the same period previous year<strong>.</strong></p> <p>Bauxite...
IBAAS provides opportunity to explore the possibility of mining in Guinea, says the Convener
<p>Dr. Ashok Nandi, the Convener for IBAAS Conference, recently told Mining Weekly that Guinea hosts largest bauxite deposits, and the fastest-developing bauxite mining and export centres, and hence, it was selected as the venue for IBAAS this year. He said that the registration...
Rio’s Amrun bauxite project close to completion
<p>Rio Tinto, one of the leading metals and mining conglomerate in the world, has almost reached the completion of its Amrun bauxite project which is located in north Queensland. The company’s $2.6 billion project is complete by one third and the first production is expected to start in...
ABx’s Binjour bauxite resources review poised to progress to the next step
<p>Leading bauxite producer Australian Bauxite Limited (ABx) recently updated its investors on the review of bauxite resources at Binjour saying that the project is soon to step into its next logical level. According to the company, Rawmin Mining and Industries Pvt. Ltd, the marketing partner of...
Vietnam’s Aluminium-Bauxite Complex expects profit after three years of operation
<p>Lam Dong Aluminium-Bauxite Complex project is hoping to churn out earnings up to VND1.2 trillion (US$52.6 million) per year after three consecutive years of losses. The Complex has already started seeing their earnings. </p> <p>It was forecasted that the project would incur losses for the...
Chhattisgarh to seek NABL’s support in analysing bauxite deposits in the state
<p>The State Mineral Resources Department of Chhattisgarh in India would approach mineral testing laboratories accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) for their services in analysing different elements of the bauxite ore in Chhattisgarh, senior...
UPDATE: Ghana Vice President says fund received is for a Chinese bauxite JV not ‘loan’
<p>Ghana vice president Dr. Mahamadu Bawumia came forward to defend and clarify the receipt of US$19 billion funds from China; he said the funds receipt was actually for a bauxite joint venture with China and not a loan.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Ghana’s decision to mortgage bauxite deposits in Atiwa forest draws criticism
<p>Ghana is mulling mortgaging the bauxite deposits in the Atiwa forest and Nyinahin to China for some US$15 billion. The country which stands a good chance to prosper leveraging its rich mineral resources has found in world environmentalists and other industry experts staunch critics of the...
