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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The report, Compensation Disparities in Jamaica's Bauxite-Alumina Industry, by the Jamaica Environment Trust (JET) provides a comprehensive analysis, shedding light on the compensation framework within Jamaica's bauxite-alumina industry. The study reveals a range of challenges, including...
In an effort to address the challenges associated with the 'Mineral Wealth Paradox,' Guinea, a prominent global bauxite hub, has taken a proactive approach. The nation has mandated that bauxite mining companies submit proposals for the establishment of domestic alumina refineries as an integral...
The United States crude and dried bauxite imports recorded a leap of 58.66 per cent on a quarter-on-quarter basis in the second quarter of 2023 to stand at 733,000 tonnes, found the US Census Bureau survey. With this jump, the country’s bauxite import volume recovered the loss by a large extent,...
ABx Group has recently inked a significant five-year agreement with Adelaide Brighton Cement Limited (ABCL), a subsidiary of Adbri Limited, for the supply of cement-grade bauxite. The bauxite will be sourced from ABx's DL130 Bauxite Project located in northern Tasmania, with the initial shipment...
Winning International Group, a company based in Singapore specialising in capesize vessels, has recently ordered at the CSSC yard Qingdao Beihai Shipbuilding in China to construct two huge ore carriers (VLOCs). These VLOCs are intended to support the company's seaborne trade route from West Africa...
The aluminium industry is energy-intensive, which results in a considerable amount of carbon emissions along the production value chain. Sustainable practices can help reduce its carbon footprint and contribute to global efforts that address climate change. The fundamental programme in the...
According to China customs data, unwrought aluminium and products imports into China grew significantly by 20.1 per cent year-on-year to reach 231,452 tonnes in July 2023. Limited domestic stocks and expectations for robust demand in autumn drove the rise of China's aluminium imports. On a...
China’s aluminium imports, including unwrought aluminium and products, increased 10.7 per cent from the previous year, reaching 1.2 million tonnes during the first half of 2023 ended June 30. According to China customs data, the country imported 211,235 tonnes of aluminium in June – 10.19 per cent...
On July 10, according to a report submitted to the Bucharest Stock Exchange, Alum Tulcea's shareholders approved the sale of Global Aluminium Ltd BVI, the subsidiary through which the company held ownership of the bauxite mines in Sierra Leone. However, Alum Tulcea is 99.4% owned by Romanian...
The use of aluminium is growing critical and widespread across a vast number of manufacturing sectors, so much so that the European Union countries, led by France and Germany, are prescribing to classify the metal as a ‘strategic raw material’. By doing this, the EU countries expect to get faster...
Indonesian President Joko Widodo has stated that the government is prepared to respond should any countries seek legal action against the ban on bauxite exports implemented earlier this month. Joko Widodo announced on December 20, 2022, that the nation would ban bauxite exports , the primary ore...
Chinese cape specialist Winning International Group, headquartered in Singapore, has secured a third ship deal in 2023. The Winning International Group is a multifaceted conglomerate with operations in mining development, ship management, shipping operations, maritime transhipment, and railway...
The United States imports of crude and dried bauxite dropped drastically during the first quarter of 2023 both on a quarterly and annual basis, found the US Geological Survey. As per the data, the US imported 462,000 tonnes of bauxite in Q1 2023 ended March 31, which reflected a 38.97 per cent...
Guinea is indeed one of the world's largest producers and exporters of bauxite, which is the primary source of aluminium. Historically, Indonesia was a significant bauxite supplier, but it implemented an export ban on unprocessed bauxite to encourage the development of its domestic aluminium...
In the dynamic global landscape of mineral resources, bauxite production is a pivotal contributor to numerous industries. With its remarkable versatility and application in manufacturing, bauxite continues to fuel economic growth and development worldwide. As we delve into mineral production, let...
Bauxite miners have once more pleaded with the Indonesian government to rethink the policy since domestic facilities are insufficient to process their output. However, this is to be noted that Indonesia is scheduled to restrict unprocessed bauxite exports in the next few days. Indonesia, the...
The Australian-listed company with world-class bauxite and rare earth assets, Lindian Resources, has signed a supply agreement with a new cash-rich partner. The company has announced a new six-year arrangement with freight shipping firm C&D Logistics to provide 23 million wet metric tonnes of...
On Tuesday, April 25, Century Aluminum Company announced a significant step towards acquiring a sizeable share in a joint Jamaican bauxite mining and alumina production venture. The company has reportedly signed an agreement with Noble Group Holdings Limited (Noble) to obtain 55 per cent of its...
