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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Metro Mining increases Gulf Alumina ownership
<p>Metro Mining Ltd has confirmed it has entered binding agreements to increase its ownership in Gulf Alumina Limited to approximately 39% of the total issued capital of Gulf. <br /><br />The Announcement follows Metro’s shares being placed in a trading halt on Monday. (19 Sept.) <br /><br...
Guizhou Finds Super Large Bauxite Mine
<p>Guizhou Province, one of China’s major bauxite producing regions, recently discovered another super large bauxite mine, local media reported.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
IMO Sub-Committee finalizes draft amendments related to bauxite shipping
<p>The Sub-Committee of the International Maritime Organization (IMO) reviewed the report of a Correspondence Group on Evaluation of Properties of bauxite and coal in light of their potential to liquefy.<br /><br />The Sub-Committee noted that a Global Bauxite Working Group (GBWG) has been...
Cape York bauxite mining benefits local indigenous people
<p>Bauxite mining on Australia’s Cape York is proving to be a boon for many members of the area’s Aboriginal population, much of which is considered economically disadvantaged.<br /><br />Murray Korkatain, a Wik traditional owner interviewed by local media is preparing to enter into a...
IFC announces $200 mln investment in Guinea bauxite firm to support 'broad-based growth'
<p>International Finance Corporation, a member of the world Bank Group announced Wednesday that it is going to invest $200 million in the bauxite mining company Compagnie des Bauxites de Guinée in Guinea, to support 'broad-based growth' in the West African country that is still recovering...
Chalco to come up with bauxite-alumina JV project in China's Guizhou Province
<p>Aluminum Corporation of China Limited (Chalco) signed an agreement with the government of Guizhou Province last month for an expansive bauxite-alumina integrated complex in the region, industry source reported. <br /><br />As per deal, Chalco will establish a bauxite-alumina JV project in...
Australian Bauxite provides half-yearly report for the six months ended June 30
<p>Australian Bauxite Ltd recently provided a review opf operations and accounts for the half-year ended 30 June 2016. ABx had suspended production at its Bald Hill bauxite project in northern Tasmania due to an oversupply of the ore from Malaysia into the China market. It had 40,000 tonnes of high...
Metro Mining announces shareholder approval for bauxite mine funding
<p>Metro Mining Ltd announced the receipt of shareholder approval for the issue of their shares to Greenstone Metro Holdings LP which forms a part of the company's funding strategy. With this, Greenstone becomes the largest shareholder of the mining company and will be providing strategic support...
EGA aiming at upstream integration- to build alumina refinery near Al Taweelah smelter
<p>Emirates Global Aluminium (EGA) is inching towards commissioning of an alumina refinery next to its Al Taweelah aluminium smelter in Abu Dhabi, reported industry sources. The refinery, once commissioned, would then be tied in to bauxite- sourced from Guinea bauxite mines for which EGA already...
Odisha CM assures Vedanta Chairman of regularising bauxite supply by 2016 end
<p>Anil Agarwal, Chairman of Vedanta Resources, the London-based metal and mining conglomerate, said he is hoping the issue of bauxite supply for its Lanjigarh alumina refinery will get resolved by the end of this year. Agarwal said this after meeting Odisha Chief Minister Naveen Patnaik in...
IITBBS develops technology to make concrete out of bauxite processing waste 'red mud'
<p>The Indian Institute of Technology, Bhubaneswar (IITBBS) in one of its research verticals- Waste to Construction Material, has developed a novel technology by which red mud, the hazardous waste of alumina refining from bauxite, is converted to concrete. Henceforth, environment of the areas...
Fiji ministry claims full transperancy in FPIC for bauxite mining in Bua
<p>In response to the recent furore created by Bua Urban Youth over the non-obtainment of Free Prior and Informed Consent (FPIC) from the landowners of Fiji's Bua Province, before any bauxite mining process, Malakai Nalawa, Ministry of Land's deputy secretary said, bauxite has been mined only at...
Vedanta’s tryst with bauxite supply issues for Lanjigarh refinery seems to continue
<p>There seems to be no quick respite for Vedanta as far as sourcing of bauxite for its ailing Lanjigarh alumina refinery is concerned. The green activists who had long opposed Niyamgiri bauxite mining project, driving the mining major’s alumina refinery in Lanjigarh to a near closure, seem...
Australian Bauxite Ltd Fingal Rail Bauxite Resource increase to 6 mt
<p>Australian Bauxite Limited Fingal Rail Bauxite Project in northern Tasmania has proven to be ideal for production of cement-grade bauxite for rail transport and export from Bell Bay Port. <br /><br />Cement-grade bauxite resources for the Fingal Rail Bauxite Project total 6.3 million tonnes 1...
India's bauxite output surges 35.5% YoY in June 2016
<p>India's total output of bauxite, the principal ore of aluminium, shot up 35.5 per cent in June this year, compared to the same period previous year. <br /><br />The country's overall mining and quarrying sector for the month of June grew by 4.7 per cent to INR18,344 crore compared to the...
Pahang miners to pay cost for building road dedicated to bauxite transport
<p>Bauxite miners in Pahang in the Kuantan Bay area have to bear the cost of constructing the road that will be used exclusively for transporting bauxite from Bukit Goh to the Port, said Pahang Menteri Besar Datuk Seri Adnan Yaakob. <br /><br />Based on his latest discussion with the state’s...
Rio Tinto collaborates with Queensland University to develop new green method of bauxite processing
<p>North Queensland is home to some of the world's largest bauxite deposits, but their potential remains largely hidden under the earth as no mining company has yet come forward to exploit it in a sustainable manner. Recently, a University of Queensland scholar has collaborated with the global...
Odisha's Kodingamali bauxite mine to feed Vedanta's Lanjigarh alumina refinery
<p>The Government of Odisha has finally woken up to the acute raw material crisis that forced metal and mining giant Vedanta to partially close down its alumina refinery in Lanjigarh in December last year. The State government said on Wednesday that it will provide bauxite for the ailing refinery...
