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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Investigations led by foreign media concluded, Guinea’s interim government is eager to know about the work plan and duration of each project carried out on their ground to extract alumina from bauxite. The government is reportedly asking international mining companies to submit production plans for...
According to the data shared by the government, India’s mineral production had heightened by 13.2% Y-o-Y from April to February 2021-22. In February 2022, around 2120 thousand tonnes of bauxite was produced, reflecting a year-on-year surge of 8.3%. On Thursday, April 14, the Ministry of Mines...
Bauxite Residue Management Best Practice, previously published in 2015, in its latest script released by the International Aluminium Institute, has specified updated guidelines for the sustainable transformation of bauxite residue. This document illustrates the lifecycle of bauxite residue or red...
Russian aluminium giant Rusal has transported its first bauxite shipment from its Guinean mines in over a month, according to an analysis revealed by Refinitiv shipping data on 6th April. A vessel had left Guinea's Kamsar port on 5th April after being loaded by a trans-shipping vessel that claimed...
The global aluminium sector has been in highlights again due to the Ukraine-Russia stand-off. In 2021 the aluminium industry countered Covid pandemic challenges following the coup in Guinea, the leading bauxite exporter in the world. This did not end soon, but new difficulties aroused like a surge...
The state-owned Gujarat Mineral Development Corporation (GDMC) is planning to expand its wings around the alumina and solar sector, as a part of diversification. The last one year has been very tremulous for GMDC since they have been trying to improve their bauxite, limestone, manganese, silica and...
War is never good for the economy and the earliest of its blows are felt in the industrial or manufacturing sector. This week has been full of turmoil and uncertainty following the Australian ban on bauxite import to Russia, Rusal’s Irish counterpart Aughinish Alumina is facing ownership crisis....
In the fourth quarter (Q4) of 2021, the United States imported 784,000 tonnes of crude and dried bauxite, a decrease of 97,000 tonnes or 11 per cent quarter-on-quarter from 881,000 tonnes. The imports in the third quarter, on the other hand, were 20.03 per cent higher than 734,000 tonnes in Q2. On...
According to the recent data released by General Administration of Customs, China imported 8.73 million tonnes of bauxite in December 2021, which reflected a month-on-month increase of 13.32 per cent and a year-on-year hike of 16.4 per cent. From Australia, China imported 2.9 million tonnes of...
India’s largest producer of aluminium and value-added products, Vedanta Aluminium will join forces with cement, construction and infrastructure industries for the gainful application of its by-products - fly-ash, the fallout in thermal power generation and bauxite-residue, the aftereffect of...
Rusal, a leading global Russian aluminium producer, announced its operating results for the fourth quarter of 2021 and for the 12 months ending December 31, 2021, revealing bauxite production in Q4 at 3.602 million tonnes, a decrease of 5 per cent from 3.792 million tonnes in Q3 2021. The decrease...
The Aluminium Stewardship Initiative has reportedly certified Mineração Rio do Norte – MRN against the Performance Standard certification for bauxite mining operations and power generation at Porto Trombetas facility in State of Pará, Brazil. Their activities include the planning, mining,...
Marghanita Johnson has been the Chief Executive Officer of the Australian Aluminium Council since 2019. She has over 20 years of experience in the Australian mining and manufacturing sectors, predominantly within the aluminium industry. Before joining the Council she led government engagement and...
The Prime Minister of Guinea, Mohamed Béavogui revealed the shocking information on the mining sector of the nation by saying, “If we trust the figures of the International Monetary Fund on Guinea, the last moments of Alpha Condé's management were catastrophic in the mining sector.” “During the...
Even amidst the downfall in China’s aluminium imports in December 2021, snapping three monthly gains, the country’s total imports throughout the year stood strong enough to mark record shipments in 2021. China, the world’s biggest aluminium producer and consumer, imported 3.2 million tonnes of...
The Deputy Minister of Lands and Natural Resources of Akufo-Addo govt. in Ghana, George Mireku Duker, who is in charge of the mining industry in the country, has delivered relief to the workers of Ghana Company (GBC) from the dismay of feasible collapse. He emphasized that the enterprise...
The localities of Tamita and Lisso in the prefecture of Boffa, Guinea has witnessed that the communities are impacted by the exploitation of bauxite by the Chinese company Chalco, as it blockaded access from the port to the conveyor remain camped in their position. The inhabitants did not aspire to...
Indonesian President, Joko Widodo stated that the government will continue to enforce the restriction on the export of raw mining commodities. “After nickel, [we will ban] bauxite export. The regulation is being finalized. We are preparing a smelter,” said Joko Widodo. Following bauxite, the...
