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...
Grow with
AL Circle
On October 25, 2022, International Materials LLC (IMI), the dry commodity trading company sourcing and shipping raw materials globally, like bauxite, among others, announced the appointment of Michael R. Kirby as Chief Financial Officer, w.e.f. October 31, 2022. Kirby will succeed Dan O’Bryon, who...
On October 24, 2022, Luhut Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs Indonesia, stated that the island nation's export is anticipated to cross $300 billion by 2024 as the government is getting ready to ban bauxite exports, among other commodities, to encourage...
The Pittsburgh-based industrial production and the world's eighth-largest aluminium producer, Alcoa, is lowering its outlook for alumina and bauxite shipments on the ground of demand contracts and reducing output. According to the Q3 earning report, the company anticipates alumina shipments to...
As the global economy is driving through a challenging situation, the aluminium sector witnessed’s price drop amidst the alleged dumping of Russian aluminium, weakening the demand for metal and propelling the cost of production. Aluminium stocks in London Metals Exchange (LME) warehouses surged...
Lately, intuitiveness and acuteness combined with exhaustive experience in conveyor belt maintenance and repair tasks shaved off prospective mishap proceedings just before the last minute. The Rio Tinto Australia Gove (RTAG) bauxite operations in Nhulunbuy, Northern Territory, are bound by only one...
The Industrial Disputes Tribunal (IDT), which deals with disputes involving unionised as well as non-unionised workers, is settling a wage dispute between Windalco (UC Rusal Alumina Jamaica) Limited and the Union of Clerical, Administrative & Supervisory Employees, increased Windalco's offer to six...
General Administration of Customs showed China’s bauxite imports continued to total above 10 million tonnes in August 2022. As per the data revealed, the country imported 10.75 million tonnes of the ore, which reflected an increase of 1.48 per cent month-on-month and 23.53 per cent over the year....
EGA, the largest industrial company in the United Arab Emirates, excluding the oil and gas sector, honoured the arrival of the Ambassador of the People's Republic of China, Zhang Yiming, to the company's Jebel Ali site in Dubai, UAE. The Managing Director of EGA, Abdulla Jassem Kalban, hosted the...
IMIDRO reported that its subsidiaries had produced 222,053 tonnes of primary aluminium in the current fiscal year's first four months (March 21-July 22) to register a 27% increase in production compared with the same phase of the previous fiscal year. The Iranian Mines & Mining Industries...
The United States imports of crude and dried bauxite continued to roll down through the past three quarters, starting Q4 2021. According to the data shown by the US Census Bureau, the country’s crude and dried bauxite imports has recorded a quarterly fall of 92,000 tonnes or 12.50 per cent for...
The Guinean government hosted mining operators at the Prime Minister's office at the initiative of Prime Minister Bernard Goumou, accompanied by the Minister of Mines and Geology Moussa Magassouba and senior executives from his office. This meeting aimed to re-establish trust between mining...
The country in the South Pacific, Fiji, has reported that its bauxite exports to China have been halted for about three years. Jone Usamate, Fiji's Minister for Lands and Mineral Resources, stated, "There have not been any shipments to China since 2019, and there are no shipments scheduled any time...
The curious part about the bauxite sector has always been what happens to a site when its mineral potential is lost. This week we had a chance to get answers to that question. Spread over 6 hectares of Hindalco’s Samri bauxite mine was transformed into a tea garden, bio-diversity park and grove....
The Akufo-Addo government in Ghana has inked an agreement with Messrs Thelo DB Consortium of South Africa and Ghanaian firm Transtech Consult Limited for upgrading the Western Corridor railway track to simplify the coherent movement of freight as well as passengers. As part of the government's...
On Friday, August 12, Rusal, the Russian aluminium giant announced its H1 2022 operational and fiscal results ended June 30, reporting a 1.2 per cent increase in primary aluminium output to 1.89 million tonnes versus 1.87 million tonnes during the same period last year. But the sales of primary...
The Jamaican Minister of Mining and Transport, Audley Shaw, stated that the Caribbean Island government is resolutely guaranteeing sustainable bauxite mining in the country to protect the environment. The Minister said, "I want to assure the country that even as we continue to mine for bauxite, we...
According to the China Customs data, the country’s bauxite imports in June 2022 stood at 9.42 million tonnes, down by 21.4 per cent month-on-month and 7.1 per cent year-on-year. Compared with May 2022, China’s bauxite imports in June fell by 2.56 million tonnes and failed to continue the monthly...
The leading mining solution provider in Australia, Emeco has sealed a deal for dispersal services with a renowned industrial asset disposition and management company. By the agreement, Emeco teams with the auctioneer to get competitive marketing and sales solutions regarding dispersing heavy...
