Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
Canyon Resources' independent board committee says A2MP's AUD 0.05 (USD 0.036) offer materially undervalues the Cameroon-focused bauxite developer as questions also emerge over A2MP's potential ties to another major shareholder. Canyon Resources' independent board committee has recommended that...
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China is bracing its position as a key player in the global minerals market, with a sharp focus on bauxite, a critical raw material for aluminium production. In the first nine months of last year alone, China's bauxite imports surged by 20 per cent, among other minerals, a judicious progress to...
Arrow Minerals Limited is pleased to report more outstanding assays from its first drilling program at the Niagara Bauxite Project in Guinea. The project is located within trucking distance (~100km) of the multi-user Trans-Guinean Railway. Arrow has already completed the first pass of baseline...
Arrow Minerals Limited (ASX: AMD) is pleased to report more outstanding assays from its maiden drilling program at the Niagara Bauxite Project in Guinea. The project is located within trucking distance (~100km) of the multi-user Trans-Guinean Railway. Arrow has already completed the first pass of...
Emirates Global Aluminium (EGA), the world’s leading ‘premium aluminium’ producer, is the first company in the Middle East to have joined the Aluminium Stewardship Initiative and the first one in the UAE to have sold its own industrial technology internationally. Among the many firsts, EGA is also...
In November 2024, China imported 280,000 tonnes of aluminium, including unwrought aluminium and aluminium products. The import volume reflected a double-digit fall, precisely 17.6 per cent, according to China customs data. Image Source: iStock Nonetheless, from January to November, the country’s...
The World Bank identified aluminium as the 'high-impact, cross-cutting metal'. As a result, today's world intensely competes over securing bauxite ore, the raw material used to produce aluminium. "I read... that every clay bank was a mine of aluminium and that the metal was as costly as silver. I...
Iran's major state-owned holding company, IMIDRO, which is active in the mining sector, reported that the country's four aluminium smelters produced 400,425 tonnes of aluminium ingots during the first eight months of the Iranian calendar year starting March 20, 2024. This marks a decrease compared...
This week, the upstream aluminium industry has seen the release of several significant reports that have the potential to reshape market dynamics and improve operations across all sectors, including bauxite, alumina, and primary aluminium. For instance, Boddington bauxite mine life to be extended,...
The United States crude and dried bauxite imports continued to increase sequentially in the third quarter of 2024 but could not offset the overall year-to-date downfall. The Q-o-Q growth in Q3 import was primarily driven by Turkey with a significantly increased supply of crude and dried bauxite,...
Victor Tan is the CEO of TOP International Holding. As CEO, he leads the company’s strategic direction and drives growth for the company. Founded in 2014, TOP has grown exponentially over the years. Under his leadership, TOP became Malaysia’s biggest bauxite exporter in 2015 and pioneered anchorage...
The Gumla district administration of Jharkhand, India, has taken swift action, culminating in filing an FIR against the offending mining company on November 28, 2024, reflecting a firm stance against illegal mining practices. The operation was led by the Gumla Divisional Forest Officer (DFO), which...
In a strategic move to solidify its position in the global mining sector, PT Aneka Tambang (Antam), a member of PT Mineral Industri Indonesia (Persero) or MIND ID, a government-owned holding company, has earmarked a significant capital expenditure (Capex) of $723 million (Rp11.46 trillion) over the...
In a decisive statement on November 27, 2024, the Odisha state government categorically dismissed allegations that it plans to permit bauxite mining in the ecologically sensitive Gandhamardan Hills, spanning Bolangir and Baragarh districts. As published on the website of DrugControl Media Services...
Guinea and China celebrated a historic milestone on October 4, 2024, as they commemorated 65 years of the reestablishment of their diplomatic relations. This enduring partnership, a cornerstone in sub-Saharan Africa, has thrived through collaboration in critical sectors such as education, health,...
China's dependence on imported bauxite is a significant factor in the nation's superior ranking in alumina and primary aluminium production. The sheer volume of raw material required to maintain this ranking cannot be met by domestic sources alone. Therefore, any disruption in bauxite supply has a...
In 2024, Ukraine heightened its aluminium ore and bauxite concentrate import Y-o-Y by 46.8 per cent in physical terms during the time period of January to October. The cumulative imports accounted for this year towered at a whopping 19,842 thousand tonnes. As stated in the statistical report...
In a significant judgment, the Chhattisgarh High Court in India has quashed the Korba Collector's (the highest officer of the revenue department in the district) order that imposed a hefty royalty of INR 863.18 lakh (USD$ USD 1.04 million) on Bharat Aluminium Company (BALCO) Limited for vanadium...
On November 12, 2024, the Forces Vives coalition of Guinean opposition groups, civil society organisations, and activists called for establishing civilian rule by January 1, 2025. The junta, which came to power through a coup in 2021, had initially proposed a two-year transition to elections,...
