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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AlCircle has strengthened its Sector Focus Report portfolio with the launch of new report- ‘ ‘Global Bauxite Industry Insights’’. The report promises to provide a deep insight into bauxite mining process, types and characteristics of bauxite, key players in bauxite mining, bauxite markets, upcoming...
Industrial Production in Montenegro decreased 12.40% in the second quarter of 2020 over the same period in the previous year. As reported on 19 th August’20, the Montenegrin government said: “Montenegrin company Uniprom has launched a 15 million euro ($17.9 million) aluminium billets production...
According to the latest data shown by the US Geological Survey on crude and dried bauxite imports, the United States in Q2 2020 imported 834,000 tonnes, up by 8 per cent from 775,000 tonnes in the first quarter of the year. But when compared to Q2 2019, the United States' bauxite imports stood 24...
Argentina's economy, which is one of the more powerful in the region, is dependent on services and manufacturing, although agribusiness and ranching dominated the economy for much of the 19th and 20th centuries. Aluar is the only aluminium smelter in Argentina and one of the largest in South...
The Czech Republic's prosperous market economy, led by automobile exports, boasts one of the European Union's highest GDP growth rates, one of its lowest unemployment levels, and a rising standard of living. Industrial Production in the Czech Republic averaged 2.88% from 2001 until 2020, reaching...
New Day Aluminum Holdings LLC, through its subsidiary Noranda Alumina, has executed a Letter of Intent with Cemtech Materials Corporation to sell 60,000 tonnes of bauxite residue starting from the Q4 of 2020. This bauxite residue will be used in the cement production process as the raw material for...
Even amidst the slowdown in mining activities at the Bauxite Hills Mine, Queensland, in the wake of the COVID-19 pandemic, Metro Mining Limited has not witnessed any dive in its shipments. Rather the company’s shipments have continued to grow, having August shipping rates returned to the levels...
The economy of Turkey is an emerging market economy as defined by the International Monetary Fund. Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey has the world's 19th-largest nominal GDP and 13th-largest GDP by PPP. The...
The GDP of Switzerland generated by the service sector stands around 74% and 25% by the industrial sector. The contribution of the agricultural sector is less than 1%. The European Union (EU) is Switzerland's main trading partner. Around 78% of Swiss imports are from the EU, while 43% of Swiss...
The Russian aluminium company Rusal has reportedly expressed an interest in reopening its Bauxite Company of Guyana Inc., the operations of which was suspended in February 2021, resulting in hundreds of layoffs, citing industrial unrest and damage to property. On Monday, the company’s Country...
According to a recent report, Co-owner of Jamalco alumina refinery, Clarendon Alumina Production Limited (CAP), will pay off a large portion of its debt. This will improve its overall equity position in the lay up to the refinery’s planned listing on the stock exchange. The company will secure the...
Metro Mining Limited has announced that it is moving into the planned 2020 wet season shutdown earlier than usual. The decision has been made given the ongoing pandemic of COVID-19 which continues to have an adverse impact on the market demand and price in the aluminium industry. Mining at the...
Slovakia is considered a high-income advanced economy and has a mixed economic system in which there is a variety of private freedom, combined with centralized economic planning and government regulation. Slovakia is a member of the European Union. The major industries of the nation are heavy...
Metro Mining planned to shutdown Bauxite Hills mine for wet season if further sales cannot be concluded in the next month. The company has not sold bauxite for 2020 outside the foundation Xinfa contract. “Negotiations with refineries continue to advance, however no further bauxite has been sold for...
The West African country, Guinea ranks as the world’s second-largest bauxite exporter, as said by Ibrahima Kassory Fofana, Prime Minister on 5 th July’20, during the occasion of the launch of the national convention of the People's Rally of Guinea. According to Kassory Fofana: In the last ten years...
The country's top seven industries in order are steel, coal, iron ore, lead, zinc, manganese and aluminium. Mining output, which accounted for more than 10% of industrial production, rose by 10.4% in 2000. Bosnia and Herzegovina was a major centre for metallurgical industries in the former...
The most important known bauxite deposits in Greece are estimated at around 100 million tonnes and are located in the Mt Helikon – Mt Parnassus – Mt Giona zone. Greek bauxites are of a diasporic type and are composed of 1 molecule of crystalline water per 1 molecule of alumina (aluminium oxide)....
The introduction of “National Mineral Index” in India will support the mining sector to become a competitive and engaging uniform competition in auctions and active participation by small scale mining firms. The roll-out of the National Coal Index (NCI) has brought about a switch by bringing in...
