Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
Metro Mining builds bauxite momentum with record output, lower costs and broader sales
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...
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US bauxite import in second quarter 2018 up QoQ and YoY; Jamaica continues as top bauxite supplier
According to the latest USGS release on Bauxite and Alumina in the Second Quarter 2018 , imports of crude and dried bauxite by the U.S. in Q2 2018 were 917,000 tonnes, 41% more than the volume of 651,000 tonnes in the first quarter of 2018. On a YoY basis, import of bauxite is up 13% from the...
Pahang government not to issue bauxite export licenses if moratorium violated
Water, Land and Natural Resources Minister Dr Xavier Jayakumar said in a statement on September 10, 2018 that the Pahang government will not issue export licenses to any firms that violate the moratorium period. He said the ministry had been informed illegal bauxite mining activities were taking...
Govt to issue temporary APs for miners to clear existing bauxite stockpile in Pahang
The government has agreed to issue temporary approved permits (APs) to the relevant firms to export and clear the remaining stockpile of the ore located in Pahang. Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar said the decision came after talks between the ministry and the...
Hydro striving to convince Brazil for full resumption at Alunorte refinery
Followed by the two deals pledging social and environmental action, Norsk Hydro is striving to convince Brazilian authorities to allow it to resume full production at Alunorte refinery, reported the company’s top executive. The deals, signed on September 5 in Brazil, were an important step but did...
EGA receives first shipment of caustic soda for Al Taweelah alumina refinery
Emirates Global Aluminium (EGA) has received the first shipment of caustic soda for its under-construction Al Taweelah alumina refinery. Caustic soda and bauxite are the two most important raw materials in alumina refining. The refinery will require some 130,000 tonnes of caustic soda each year,...
China’s bauxite import records M-o-M plunge by 2.2% in July on lowered arrival from Guinea
China’s bauxite imports found decreased in July by China Customs from a month ago as rainy season lowered the supply from Guinea. {newsStudioGallery} Data showed China imported a total volume of 7,280,000 tonnes of bauxite in July, compared to 7,440,160 tonnes in June. This means the volume dropped...
Pahang miners urge government to lift moratorium on bauxite mining
Mining operators have urged the state government to allow bauxite mining activities after the moratorium end on December 31, 2018. LLT Group (Malaysia) Sdn Bhd, director Datuk Seri Abdul Rahim Abdul, said a set of standard operating procedure (SOP) for bauxite mining activities have been handed to...
Ghana signs $2 billion Bauxite deal with Sinohydro Corp in China
Ghana’s President Nana Akufo-Addo has announced the signing of $2 billion Master Project Support Agreement (MPSM) between the Government of Ghana and Sinohydro Corporation Limited. The agreement was signed during a state visit to China by President Nana Akufo-Addo. Under the deal Sinohydro will...
Metro Mining signs new binding contract with SPIC for delivery of 300 thousand tonnes of bauxite
Metro Mining Ltd has signed a new binding contract with China’s state-owned State Power Investment Corporation Aluminium and Electric Power Investment Co. Ltd (SPIC) for the delivery of 300,000 WMT (+/- 10%) of bauxite in calendar year 2018.The company said that the demand for Bauxite Hills ore...
Ukraine’s bauxite import in 2018 to stand low from a year ago despite procuring higher volume in H1
Ukraine’s aluminium ore and concentrated bauxite import volume have reportedly increased by 6.3 per cent in H1 2018 to stand at 2.772 million tonnes, compared to 2.597 million tonnes in the corresponding period of 2017. But the cost remained down by 1.3 per cent to US$ 109.994 million, from US$...
Ghana opposition seeks IMF's intervention on $2 billion Bauxite deal with Sinohydro Corp
Ghana’s opposition party seeks the opinion of International Monetary Fund (IMF) regarding the US$2 billion deal agreed between the government and China’s Sinohydro Corp Ltd which assures infrastructure development in Ghana in exchange for bauxite. Under the deal China’s Sinohydro Corp Ltd will...
Mining sector seeks lower tax, export duty exemptions
The Federation of Indian Mineral Industries (FIMI)has sought rationalisation of tax on mining, and exemption from export duties on iron ore and bauxite. In a press statement before its 52nd Annual General Meeting, the industry body said taxes and royalty for mining in India are the highest in the...
Ghana to construct 10,000 housing units for security personnel under Sinohydro deal
Ghana Vice President Dr. Mahamudu Bawumia declared that around 10,000 housing units would be constructed in Ghana for security personnel across the country under the infrastructure of US$2 billion worth of barter trade bauxite deal signed with Chinese Sinohydro Group. This initiative for the...
China’s bauxite import volume grows 8% Y-o-Y in June but 9.4% down from a month ago
China, with the biggest aluminium market, is constantly diversifying its bauxite import sources and at the same time witnessing a year-on-year growth in volume. According to the latest data by China Customs, the country saw an 8 per cent Y-o-Y growth in bauxite import in June to stand at 7.45...
Government suspects schemes behind Ghana Bauxite Company's loss claims for five years
General Manager of Ghana Bauxite Company, J.K Fang, has said that despite various operational challenges, the company managed to register profits for the first time in bauxite mining for two years. Ghana Bauxite Company is facing allegations that the company is hiding facts to evade tax payment to...
Malaysian Ministry to meet bauxite miners in Pahang over future of bauxite mining
Followed by the announcement to extend bauxite mining moratorium through December in Malaysia, Minister of Water, Land and Natural Resources Dr. A. Xavier Jayakumar said the Pahang State government would be the one to decide on whether to lift the moratorium or not in the future. Speaking to...
Bauxite mining moratorium in Malaysia further extends to end of 2018
After a month of uncertainty over bauxite mining, when the mining moratorium period officially ended on June 30, the Malaysian government announced it has extended its 2016 moratorium on bauxite mining until the end of 2018, as large stockpiles of bauxite in the ports still remain to be cleared....
Higher bauxite sales volume drives Rio Tinto's underlying EBITDA for aluminium business in H1 2018
Rio Tinto has released its H1 2018 financial results on August 1, 2018. The Aluminium group’s underlying EBITDA increased by ten per cent compared with H1 2017, driven significantly by higher bauxite volumes and stronger pricing. Rio Tinto’s H1 bauxite production of 25.9 million tonnes was up 7%...
