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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According to the General Administration of Customs, aluminium imports in China increased by 150.7% year-on-year in January-February 2021 on higher aluminium prices. Imports of unwrought aluminium and products stood at 455,128 tonnes in the first two months of 2021, Customs data showed on Thursday,...
On 14 th March 2021, the protest of the workers of Mythri Infra Limited Company at Kodingamali under Laxmipur block in the district has crossed 45 days, as discussions among multiple stakeholders pursued to remain inconclusive regarding their retrenchment and demand of minimum wages as per the...
The United States crude and dried bauxite imports extended downfall over the quarter by 12,000 tonnes or 1.52 per cent to 777,000 tonnes in Q4 2020. In the third quarter of the year, the US bauxite imports were at 789,000 tonnes, registering a plunge of 45,000 tonnes or 5.40 per cent from Q2 2020....
Bonasika Bauxite, a direct shipping ore (DSO) project, whose development has been initiated in Guyana. Guyana Industrial Minerals (GINMIN), a subsidiary of First Bauxite Corporation, remains the project developer. As per the plan, Bauxite from the Bonasika project will undergo mining and...
LAlumina LLC, which operated the Burnside Alumina until it was shut down in August’20 and laid off hundreds of workers has been charged and filed by lawsuits by several contractors. The contractors filed lawsuits against LAlumina soliciting money after they claim agreements for goods and services...
Metro Mining is projecting a positive year ahead with sales expected to progress, including 2.3 million tonnes under an offtake agreement with Xinfa. The company is also satisfactorily placed in terms of financial position for 2021, led by the robust bauxite deliveries during the June and September...
The National Environment and Planning Agency (NEPA) of Jamaica commented that in another two months a conclusive decision could be ready on whether Noranda Jamaica Bauxite Partners II (NJBP II) receives an environmental permit to mine in sections of western St Ann and eastern Trelawny. Since May...
Avnish Kumar, Founder and CEO of LivNSense Technologies Pvt. Ltd., has a proven and astounding experience of 25+ years in the Engineering and Information Technology (IT) industry. Being an alumnus of NIT-Durgapur and MBA from the University of Melbourne itself speaks volumes about his expertise and...
On Wednesday, January 20, Alcoa Corporation, the world’s eighth-largest aluminium producer, reported the fourth quarter and full-year results of 2020 that reflect strong operational performance. In Q4 2020, the company produced 12.2 million dry metric tonnes of bauxite compared to 12 million dry...
On 16 th January 2021, the AGB2A Company as a part of its development has signed an agreement with its strategic partner Sunda Mining (SD Mining) SA, in presence of the CEO of Axis at Conakry, capital of West African nation Guinea. The agreement spotlights for the exploitation of more than 20...
According to a report on Thursday, January 14, Metro Mining is planning to recommence its operations at the Bauxite Hills mine project, which was shut for the wet season from mid-September 2020. The operation is expected to resume in April 2021 for deliveries restarting under the existing 7 million...
The Bauxite Company of Guyana Inc. (BCGI), a subsidiary of RUSAL, as reported is remaining on the discussions stage with the government, following the five months negotiations on a possible restart of operations at its Kurubuka mines in Region 10. Parmanand Persaud, the spokesperson for the...
On Thursday, January 7, a commercial court in France gave a green signal to Guinean logistics specialist United Mining Supply (UMS) to take over Alteo, a global leader in specialty alumina. The former was the last remaining bidder to take charge of Alteo’s production site near the southern city of...
On 1 st January 2021, the Winning Consortium Railway Guinea (WCRG) concluded, the work relating to the assembly of the main structure of the two large stacker-reclaimers of the railway line from Dapilon (Boké) to Santou (Télimélé) in the administrative region of Boké across the locations of the...
The International Aluminium Institute (IAI) announced that Winning International Group has cut ties with the industry body. IAI has updated its member list to 25 members, Reuters reported. Winning International Group, headquartered in Singapore, provides land logistics, maritime logistics, and...
The mining sector of Guinea in 2020 has been able to withstand the COVID-19 pandemic and the electoral crises, which have been declared as a black year for the West African nation. It is the mining sector that has enabled the economy to repress the shocks caused by this unusual health crisis....
It has been after long five years without mining activity, the initial test ship left for the United States loaded with bauxite on 29 th December’20 from the port of Cabo Rojo in Pedernales. As per our report, the port of Cabo Rojo regained economic life with a ship that took 9000 tonnes of Bauxite...
Abu Dhabi Ports’ flagship Khalifa Port commenced its South Quay operations with the newly launched facility. The first shipment carrying bauxite harboured at the new port is destined for Emirates Global Aluminium (EGA)’s Al-Taweelah alumina refinery. Alfred Oldendorff, the bulk carrier, the first...
