Alcoa prices $2.6b senior notes for South32 bauxite, alumina and aluminium deal
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
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...
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PT Shaanxi Youser Indonesia to build alumina refinery in C Kalimantan through a Chinese investor
<p>PT Shaanxi Youser Indonesia, a part of the Shaanxi Youser Group is planning to construct an alumina refinery in East Kotawaringin district, Central Kalimantan in collaboration with a Chinese investor. The Chinese firm is ready to build the refinery at a cost of Rp16 trillion.<br /><br />"We want...
Bauxite mining ban in Pahang could extend up to 2018, says Environment Minister
<p>According to a report from Malaysian Reserve, the moratorium on bauxite mining in Pahang may extend until 2018. Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar cites the huge stockpile for the aluminium ore as a reason for this extension. <br /><br />Despite...
Rio Tinto reports improved production in third quarter 2016
<p>Rio Tinto has released production results for Q3 2016 reporting improved production in bauxite, alumina and aluminium segments.<br /><br />Commenting on the results, Rio Tinto chief executive J-S Jacques said “We have delivered strong quarterly production, underpinned by improving...
Weipa and Gove drive record bauxite production for Rio in Q3 2016
<p>Rio reported record bauxite production in the third quarter resulting in a total bauxite output of 35.6 million tonnes during the first three quarters of 2016. This recorded an 11 per cent increase in YTD aluminium production than the same period of 2015. The strong bauxite sector performance...
EGA inaugurates container terminal for a new bauxite mine in Guinea
<p>Emirates Global Aluminium (EGA) announced inauguration a container terminal at the Port of Kamsar in Guinea on Wednesday. The terminal will enable EGA to import materials for constructing a new bauxite mine for its subsidiary Guinea Alumina Corporation (GAC). On completion, the US$1 billion mine...
Hydro announces change in corporate management board
<p>Alberto Fabrini was appointed Executive Vice President and member of Hydro's Corporate Management Board in 2014. He was previously Chief Operating Officer in Bauxite & Alumina and plant manager of the Albras primary plant in Brazil.<br /><br />Fabrini has also held the position as plant...
Threat of closure still not there for Goa bauxite miners
<p>Bauxite mining in Goa is free of uncertainties related to possible closure that is looming large over the bauxite mines in Maharashtra, assured sources in the Indian mines ministry. According to them, bauxite mines in the coastal state are located at a safe distance away from the ecologically...
Indonesian bauxite producer seeks export ban relaxation
<p>A bauxite miner in Indonesia will approach the government with the request to allow export of the aluminium ore and grant a yearly quota of 40 million metric tons, reported industry sources. The move would ease the country's current ban on all mineral ore exports imposed two years back. <br...
Metro Mining signs Binding Off-Take Agreement with China’s Xinfa Group
<p>Metro Mining Limited has signed a binding off-take agreement for China’s Xinfa Group to purchase around half the Bauxite Hills Project production for the first four years of operation.</p> <p>Bauxite Hills is located 95 km’s north of Weipa on Western Cape York. Environmental...
Nalco reports 24% jump in bauxite mining during H1 of FY17
<p>Despite a world-wide sluggish market in metal sector, Navratna PSU Nalco has registered an impressive performance in the first half of 2016-17 fiscal. While bauxite mining was up by 23.6 percent at 35.08 lakh tonnes as compared to the corresponding six months of the previous financial year, the...
France’s AMR seeks rights for $200 mln Guinea bauxite mine
<p>French bauxite explorer Alliance Miniere Responsable said it filed for permission to develop a $200 million mining project in northern Guinea.<br /><br />AMR seeks the right to mine bauxite in the West African nation’s Boke district for at least 15 years, Romain Girbal, president and...
Indonesia’s raw materials export ban likely to be relaxed
<p>In a move aimed at stimulating debate within the county, strong signals have emerged from the Indonesian government that a relaxation of its raw materials export ban will occur and that bauxite and nickel (laterite) will be added to the list of allowed mining exports. </p> <p>On Wednesday...
Jamaican mining industry performance drops due to reduced activity at Noranda bauxite plant
<p>The mining and quarrying industry of Jamaica put up a somewhat subdued performance in the June quarter, reported Statistical Institute of Jamaica. The final arbiter on national output Statin stated in its report that "reduced activities at the Noranda Bauxite plant in Jamaica" was responsible...
Anglo-African Minerals in a joint venture with Chinese group for bauxite project in Guinea
<p>Anglo-African Minerals, an Irish exploration firm has announced a €200 million joint venture with a Chinese group to develop a bauxite mining project in Guinea.<br /><br />Anglo-African owns four bauxite licences Guinea and the firm confirmed that it had entered into the an initial...
Ma’aden subsidiary kick-starts commercial production at alumina refinery
<p>A subsidiary of Saudi Arabian Mining Co (Ma'aden) announced Sunday that commercial production at its new bauxite mine and alumina refinery has begun and export of some of this output could take off any time in the coming quarters.<br /><br /><img style="vertical-align: middle; display: block;...
Iron Mountain Mining acquires 50% stake in bauxite project in the Solomon Islands
<p>According to a Mining Weekly report, Australian miner Iron Mountain Mining has acquired a 50% interest in Au Capital Mining that is engaged in bauxite exploration in New South Wales and Western Australia. Au Capital Mining owns two prospecting bauxite mining licences in the Solomon Islands...
Australian Bauxite: Sales and new opportunities continue to grow
<p>Australian Bauxite Ltd (ABx) is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's sales of Cement-Grade bauxite in 2016 to date total 42,005 tonnes. <br /><br />Fertiliser-grade bauxite sales are naturally...
Bauxite Resources Limited released its yearly review for 2016
<p>Robert Nash, Chairman of Bauxite Resources Limited presented the YEAR IN REVIEW to the company shareholders. In the report he discussed the substantial changes the company went through the Financial Year ending 30 June 2016.<br /><br />The most significant change the company underwent was the...
