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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The Jamaican Minister of Transport and Mining Robert Montague stated that his ministry has been given the go-ahead to use vesting powers to assist long-suffering families on bauxite lands to receive titles for the properties. Montague, opening the 2020/21 annual sectoral debate in the House of...
The industrial revolution on the European continent began in Belgium. Thus everything was in place for boosting the coal and steel industries in both areas. Other reasons for its industrialization came from its geography. Its proximity to Britain and its strong trading relationship with her allowed...
On 29 th May’20, the Director-General of the Autonomous Port of Abidjan (PAA), Mr Hien Yacouba SIE witnessed the launch of the first shipment of 20,000 tonnes of Bauxite, at the bulk terminal. It is a first in Ivory Coast. The ore is now one of the products exported from the port. The cargo bound...
Guinea Shipping Corporation (GSC) has announced the appointment of Bernt Meldgaard Christensen as the company’s new executive chairman. Christensen succeeds his brother Henrik, who founded the company in 2010 and passed away recently. Christensen said: “Henrik had the vision to build a shipping...
China’s bauxite imports rose to a record high in the first quarter of 2020, owing to greater demand and lower sea freight costs, found China customs data under HS code 26060000. In the first three months of 2020, China imported 28.41 million tonnes of bauxite, the highest quarterly import volume on...
The economy of Turkey is an emerging market economy as defined by the International Monetary Fund. Turkey is among the world's developed countries according to the CIA World Factbook. Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries....
Mozambique is located on the southeast coast of Africa. It is bound by Swaziland to the south, South Africa to the southwest, Zimbabwe to the west, Zambia and Malawi to the northwest, Tanzania to the north and the Indian Ocean to the east. The below-par quality of the countries bauxite reserves and...
A journey of 35 days that crossed 21,112 km with two large locomotives built by the Chinese group CRRC for the Dapilon-Santou railway line was landed on 8 th May’20 at the Guinean port of Boké, initiated the departure from the Chinese port of Yantai in Shandong province. The internal combustion...
The current political stand-off has been constantly hampering the progress of labour talks. This situation is also creating an abstraction of an order for Bauxite Company of Guyana Inc (BCGI) and the Guyana Bauxite and General Workers Union (GB&GWU) to enter into arbitration to resolve a...
Metro Mining published production and shipping results for the month of April. The company said this has been the best start to the year for both mining and shipping. Metro Mining produced 415,000 wet metric tonnes (WMT) of bauxite and shipped 245,000 wet metric tonnes (WMT) at the Bauxite Hills...
Rusal’s Mykolaiv alumina refinery in Ukraine said on Tuesday, May 5, that it could settle the dispute with Ukrainian customs service regarding access to bauxite supplies and avoided temporary suspension of production . The refinery, located near Ukraine’s Black Sea coastline, primarily relies on...
Lindian Resources Limited provided an update on the assaying and digestion test work on the drill sample derived from the Bouba Conglomerate Bauxite Plateau and Mamaya Plateau at Gaoual. The company said laboratory XRF analyses confirmed the high-grade conglomerate bauxite at the project. Lindian...
China, in March 2020, imported 338,600 tonnes of alumina, which was 1147.10 per cent higher than the imports in the same period last year, according to China customs data. Australia was the leading supplier in the said month, accounting for 159,770 tonnes of the total alumina imports by China. In...
Ecuador is a country straddling the equator on South America’s west coast. Ecuador's economy has been one of the most stable in the Latin American continent. The country has enjoyed a healthy economy supported by the dollarization regime the country uses the US dollar for its currency—and high oil...
Rusal’s alumina refinery in Ukraine’s Mykolaiv announced on Wednesday, April 28, that it might have to temporarily stop production as Ukrainian customs authorities blocked access to bauxite supplies. The refinery, located near Ukraine’s Black Sea coastline, primarily relies on overseas bauxite and...
Bauxite imports by China increased 10.6 per cent in March to total at 10.01 million tonnes from a year ago and also faster than 9.64 per cent growth rate in the January-to-February period, found China’s General Administration of Customs data. In the first two months of the year, China imported 18.4...
Romania is a south-eastern European country known for the forested region of Transylvania, ringed by the Carpathian Mountains. The economy of Romania is a fast developing, upper middle income mixed economy with a very high Human Development Index and a skilled labour force. The demand for aluminium...
Rusal has launched the first-quarter production results of 2020, wherein it posted that its bauxite output decreased by 11.2 per cent from the previous quarter to stand at 3.58 million tonnes, attributing to to the suspension of operations of business in Guyana, as announced at the beginning of...
