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...
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Australian bauxite production and export expected to rise in next three financial years
<p>According to a Platts’ report, Australia is expected to produce 82.7 million tonnes of bauxite in FY 2016-2017 (July-June), up 1.22% YOY, as confirmed by the Department of Industry, Innovation and Science on Friday. Upcoming projects in the state of Queensland are expected to raise...
Nalco rides high on bauxite
<p>The last quarter of 2016 helped mining and metal companies witnessed a reversal of fortune as inventories decreased and metal prices rebounded slowly but steadily. Metal stocks started soaring, as investors participated actively on expectations of better times ahead.</p> <p>National Aluminium...
Week in Review: Indian bauxite makes headlines on expansion and higher revenues
<p>Bauxite industry was in an upswing last week. China, still the largest consumer of the ore, was reported to have imported higher volumes of bauxite in February. The demand for the mineral ore in the country is on a steady rise and this is expected to keep driving its imports in the foreseeable...
1.63 billion tonnes of bauxite estimated at Mali's Falea project
<p>Mali’s chamber of mines told Reuters on Tuesday that Mali's Falea project is now estimated at 1.63 billion tonnes of bauxite reserves. The bauxite reserve is equal to 572 tonnes of refined aluminium with numerous new discoveries.</p> <p><img style="vertical-align: middle; display: block;...
Mixed reaction to Vedanta’s bauxite mine expansion plan
<p>Vedanta-controlled Bharat Aluminium Company’s (Balco) proposal for the expansion of bauxite mine gets mixed reaction from the residents. The proceeding was held on Monday in Surguja district of Chhattisgarh in order to get approval from the local community.</p> <p><img...
Odisha garners INR6,693.62 cr mineral royalty for bauxite and other ores
<p>Government of Odisha, the mineral-rich state on India's east coast, has collected INR6,693.62 crore royalty as on March 27, 2017, since the amended Mines and Minerals-Development & Regulation (MMDR) Act was promulgated on January 12, 2015. The revenue, as per state mining ministry data, has...
Kuantan MP raises concern over recent extension of bauxite mining moratorium
<p>Kuantan MP Fuziah Salleh said in a statement that the extension of bauxite mining moratorium in Pahang, Malaysia may worsen the situation if the authorities do not take any measure for stopping illegal mining activities that are taking place near Pahang.</p> <p><img style="vertical-align: top;...
ABx announces Annual Report 2016: Sales of non-metallurgical grade bauxite rises
<p>Australian Bauxite Ltd announced today publication of its Annual Report for the year ended 31 December, 2016. During 2016, ABx sold 45,590 tonnes of bauxite comprising 42,000 tonnes of cement-grade bauxite and over 3,590 tonnes of fertiliser grade bauxite. The company has over 122,500 tonnes of...
Week in Review: Top news from global bauxite sector
<p>A weekly recap to bring you up-to-date information on bauxite industry across the world .Bauxite experienced a number of development last week .Here’s all you need to know:</p> <p><strong>Metro Mining completes rights issue to fund bauxite mine</strong></p> <p>Metro Mining has raised $36.5...
Top five bauxite producing countries in the world
Bauxite ore is the main source of aluminium in the world. It occurs in tropical and subtropical areas in soft limonite rock forms. After extracting from mines, the metallurgical grade ore is first crushed and then purified through the Bayer Process to produce alumina. The refined alumina is then...
UPDATE: Ghana to set up bauxite-aluminium development authority in three months
<p>President of Ghana Nana Addo Dankwa Akufo-Addo has announced on Tuesday, 21 March, that the government will establish an integrated <a href="http://www.alcircle.com/primary_aluminium/newscircle/project/detail/27187/ghana-outlines-plans-for-an-integrated-aluminium-industry"...
Metro Mining completes rights issue to fund bauxite mine
<p>Metro Mining has raised $36.5 million in its 1:2 non-renounceable rights issue priced at $0.125 for its100% owned Bauxite Hills Mine located in northern Queensland. The rights issue follows the recently completed placement, which raised $15.9 million taking the total combined amount raised to...
Rio spends more than $900 million in contract for Amrun bauxite mine project
<p>Metals and mining giant Rio Tinto proclaimed on Tuesday, March 21, that the company has given more than $900 million in contracts for the development of Amrun bauxite mine project to Queensland suppliers in the Cape York Peninsula, Australia. The company has given nearly two thirds of the total...
Tân Rai bauxite project will deliver, says VINACOMIN Dy. Director Nguyen Van Biên
<p>The Vietnam National Coal and Mineral Industry Group (VINACOMIN) operated Tân Rai bauxite mine has every quality that it takes a company to stage an emphatic comeback even after posting a mammoth loss, thinks VINACOMIN deputy director Nguyen Van Biên. While explaining the reason...
Week in Review: An update on global bauxite sector
<p>This week’s news recap on bauxite sector is dedicated to companies releasing Bankable Feasibility Study (BFS), first shipments, and drop in investment and so on. Metro’s BFS confirms the Bauxite Hills Mine will become one of the largest independent operations within the...
China's bauxite & other non-ferrous mining industry FA investment drops in Jan-Feb 2017
<p>According to the General Customs of China, fixed asset investment of the country's non-ferrous metal mining and dressing industry, which includes bauxite mining, fell sharply by 15.4 per cent year-on-year in January-February 2017. The drop at 5.5 billion yuan widened 5.4 percentage points from...
Vietnam’s Lam Dong Aluminium-Bauxite Complex posts losses
<p>According to an anonymous media source from Vietnam, Lam Dong Aluminium-Bauxite Complex that has recently published its results has incurred a loss of nearly VND3.7trn ($62m) after three years of operation.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
Show smelter development and get permission for bauxite export, Indonesian govt tells its miners
<p>In a volte face performed in the face of political opposition, Government of Indonesia has asked local mining companies to show specific proof against smelter development progress if they wanted to sell bauxite and nickel ores to the offshore markets.</p> <p>In January, the erstwhile major...
