Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
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...
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China Customs data found that bauxite imports into China jumped in 2018 to total at 85.61 million tonnes against 64.63 million tonnes in 2017. The Chinese government’s environmental restrictions and crackdowns on the black market tightened domestic supplies and thus prompted increasing imports of...
Rusal produced 3,719 thousand tonnes of bauxite in the fourth quarter of 2018, a quarter-on-quarter decrease of 3.4 per cent.The company had produced 3,848 thousand tonnes of bauxite in the third quarter of 2018. For the full year of 2018, the company achieved total production of 13,847 thousand...
Depending on the incessant increase in bauxite demand for primary aluminium production, one country that has come a long way as bauxite exporter in the last three years is none other than Montenegro. After a plunge in total export last year, the Balkan country is expected to turn around with a...
Hydro today announced results for the fourth quarter of 2018. Underlying earnings before financial items and tax decreased to NOK 534 million in Q4, down from NOK 3,555 million in the same quarter last year. The results mainly reflect the effects of the production curtailment at Alunorte alumina...
Environmental organisations this week reportedly renewed calls on government to stop all mining and prospecting activities in the Atewa Forest Reserve due to grievous repercussions on the country. The environmental groups said the Atewa Forest provided a variety of ecosystem service and other...
According to a report by Business Standard, Vedanta intends to cut down its aluminium production cost to US$1,700 per tonne from the current cost of US$ 1,900 per tonne. Per the report, the company aims to do this by the end of the financial year. Ajay Dixit, chief executive officer (CEO) of...
Metro Mining has published its 4th Quarter Report. Bauxite production for the quarter was 743k wet metric tonnes (WMT). About 816k WMT bauxite was shipped in the quarter. The shipment volume remained same as the third quarter while production dropped slightly due to bad weather. Annualised...
Australian Bauxite Limited announced that they would ship about 30,000 tonnes of Tasmanian bauxite from the Bell Bay port around March 1. The cement grade bauxite will be from Australian Bauxite’s Bald Hill mine, near Campbell Town. The negotiations with the customer took three months as Australian...
Alcoa said it expected the bauxite market to remain in surplus with global stockpile growth projected to continue in 2019, ranging between 7 million and 11 million tonnes, driven by China, which strategically holds bauxite due to uncertain sourcing within and outside of the country. The company...
The German association of the aluminium industry (GDA) had pointed out in August 2018 that the development of business activity in the German aluminium sector until then remained positive. The production reportedly increased in the first half of the year – up 0.9 per cent by aluminium producers and...
According to a recent report, Konecranes, the leading manufacturer of crane and lifting equipment, has won orders for two Gottwald Model 8 floating cranes from COSCO Shipping Bulk Co. COSCO Shipping Bulk is a subsidiary of COSCO, the third largest shipping company to handle bulk cargo. Per the...
Fitch Solutions Macro Research study shows that in spite of a positive outlook for India’s bauxite mining industry, tightening environmental regulations and tribal tensions may pose downside risks by slowing new projects. Nevertheless, the study also indicates that India’s bauxite output growth...
The Malaysian government has once again reportedly decided to extend the moratorium until March 31, 2019, and thus, the wait continues for bauxite mining and export activities in Pahang. The Water, Land and Natural Resources Ministry announced that this extension of moratorium followed an agreement...
A cyclone is expected to hit the north coast of Australia’s Queensland state Weipa on Tuesday and affect Rio Tinto’s Weipa bauxite mine while disrupting shipping, reported the weather bureau. The Port of Weipa, which handles Rio’s bauxite mine as well as general cargo, remained shut for the third...
After 18 months since the dramatic restart of bauxite and alumina production at the JISCO (Jiquan Iron and Steel Company) Alpart faclity at Nain in St Elizabeth, operational concerns have cropped up in the refinery. Production in Alpart alumina refinery has stopped for the past seven days, and it...
The bauxite market in the year 2018 had been found following a steady pace. There were some developments and expansions on existing mines, while some notable deals and new projects crossed the path across the world. The price in the China market also displayed steadfast growth throughout the year,...
According to a report, Aurum Exploration (Fiji) Limited is eyeing to resume bauxite shipment in the first half of 2019. It is thus, looking for options in terms of securing buyers for its bauxite resource. In an interview, the Minister for Lands and Mineral Resources Ashneel Sudhakar said...
Vasco locals have reportedly demanded strict action against the trucks transporting bauxite ore because of increasing dust pollution in the town. They have even threatened to hit the streets themselves in case they are not heard and the situation continues to prevail. The locals claim that the...
