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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Rusal in its Q2 2020 operating results, released on Monday July 27, revealed that the company’s bauxite production increased by 8.8 per cent quarter-on-quarter to stand at 3.89 million tonnes, primarily buoyed by the hike in output at Timan due to low comparison base of Q1 20, affected by seasonal...
Despite the robust second-quarter earnings, Norsk Hydro analysed that it might face higher production costs going ahead in the third quarter of 2020. The overall production costs of alumina fell to a four-year low of $192 per tonne in Q2 2020, but in the third quarter, rising costs would likely add...
The Ministry of Mines, Govt. of India has projected to auction 5-6 mineral blocks, including bauxite mines, in the central state of India, Madhya Pradesh over the next three months, as per a government official. However, the 11 blocks that were up for sale by the state recently, received a response...
A team of top executives from United Way of Jamaica (UWJ), a charitable organisation, recently paid a visit to St Ann to join forces with Noranda Bauxite for distributing food and care packages to several institutions and individuals. Noranda is associated with United Way Jamaica for the past 35...
Cameroon, on the Gulf of Guinea, is a Central African country of varied terrain and wildlife. Its inland capital, Yaoundé, and its biggest city is Douala. Cameroon has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government...
According to a recent report from Brazil’s economy ministry released on Monday, July 6, alumina exports from Brazil increased in June, albeit at a slower pace than the earlier month. Brazil’s alumina exports in June totalled 679,914 tonnes, up 4.6 per cent year-on-year from 650,229 tonnes. On a...
Moroccan companies are part of the continuity in Ivory Coast for the works accomplished by HM King Mohammed VI. Presently, the company “Comptoir d'Aluminium de Côte d'Ivoire”, based in Abidjan, welcomes, in its workshops, ten trainees from the Multispectral Professional Training Centre Mohammed VI...
The economy of France is highly developed and free-market-oriented. It is the world's 7th largest economy by 2019 nominal figures and the 10th largest economy by PPP figures. It is the 2nd largest economy in the European Union after Germany. Bauxite importation of France during 2017-19 has been...
Canyon Resources Ltd announced that the company has completed a pre-feasibility study for the Minim Martap Bauxite Project in Cameroon, West Africa. The company confirmed project’s ability to produce high-quality, low-contaminant bauxite over a long mine life of at least 20 years via a multi-stage...
Precision sampling is vital to the success of the valuable bauxite industry in the West African country of Guinea, and Multotec Process Equipment’s high-precision sampling equipment is playing its role genuinely. In recent times Multotec has delivered two tariff sampling plants to a major bauxite...
According to the latest data from China Customs, China’s imports of bauxite decreased 3.9 per cent month-on-month to 9.54 million tonnes in May 2020. On a yearly basis, imports were up by 3.57% from the same month of 2019. Total imports stood at 47.9 million tonnes in January-May, showed Customs...
Former Indian union energy secretary EAS Sarma has appealed for an independent investigation by Anti-Corruption Bureau (ACB) and Special Enforcement Bureau (SEB) into the alleged illegal mining of bauxite in East Godavari and Visakhapatnam districts. In a letter addressed to the principal secretary...
Hindalco’s Utkal Alumina International Ltd (UAIL) revitalized the frontline COVID-19 warriors by offering an ex-gratia, as recognition which will act as a self-esteem enhancer and catalyst for stimulating the good work. In acclamation towards those personalities that stood at these tough times and...
Worley has declared that it has secured a three-year services contract with Alcoa for its Australian operations consolidated in mining, refining and smelting operations. As per the contract, Worley will provide engineering and project delivery services for Alcoa’s site‐based sustaining capital...
According to the data shown by the US Geological Survey on bauxite and alumina imports in the first quarter of 2020, the United States imported 775,000 tonnes of crude and dried bauxite, down by 22.5 per cent from 1 million tonnes of imports in the fourth quarter of 2019. However, when compared to...
The Government of Jamaica is to draw out just over half a billion dollars from the Capital Development Fund (CDF) to deliver budgetary aid to the Jamaica Bauxite Institute (JBI) and the bauxite community development programme this fiscal year. An order, under the Bauxite (Production) Levy Act,...
Ukraine decreased the import of aluminium ore and concentrate (bauxite) by 9% in January-May’20 compared to the same period in 2019, to 1.945 million tonnes. According to statistics released by the State Customs Service, bauxite imports in monetary terms decreased by 8.2%, to $85.069 million during...
Slovenia, a country in Central Europe, is known for its mountains, ski resorts and lakes. The economy of Slovenia is developed and the country enjoys a high level of prosperity and stability as well as above-average GDP per capita by purchasing power parity at 83% of the EU28 average in 2015....
