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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Greece bauxite export likely to pick up in Q4 FY2017-18
Greece is the largest producer of bauxite and many other industrial minerals in the European Union. Aluminium of Greece which is the main aluminium producing company in the country owns Delphi-Distomon mining company. It operates two large bauxite deposits at Boeotia and Phocis. The plant has total...
China imports 61 million tonnes of bauxite during January- November 2017
China imported 61.44 million tonnes of bauxite in the first eleven months of 2017, up 30.55 per cent year-on year. In November, the country’s import of bauxite increased 13.89 per cent year-on year to 5.8 million tonnes. Nov YoY (%) Jan-Nov YoY (%) Data Source: Shanghai Metals Market Guinea’s...
Bosnia's Alumina doo Zvornik to expand its non-metallurgical production
Bosnia's "Alumina" will invest 12 to 15 million marka ($7.4-9.2 million/6.1-7.7 million euros) in 2018 towards expanding its alumina production capacities into non-metallurgical segment. According to the company CEO, Alumina is branching out from its metallurgical production programme. Bosnia's...
India’s bauxite production declines 73% YoY to 7.26 MT in FY17
India’s Ministry of Mines informed Parliament today that bauxite production in the country has dropped by almost 73 per cent to 7,269 thousand tonnes (7.26 million tonnes) in financial year 2016-17. The sharp drop in production from 27,146 thousand tonnes (27.1 million tonnes) in FY 2015-16 can be...
SEC approves Marcventures' merger with 2 mining firms
The Securities and Exchange Commission (SEC) green lighted the merger of Marcventures Holdings Incorporated with two mining firms: Brightgreen Resources Holdings Incorporated (BHI) and Asia Pilot Mining Philippines Corporation (APMPC). Marcventures will become the surviving entity. The listed firm...
Transport of bauxite to be thoroughly streamlined
Several improvements will be implemented to streamline the transportation of bauxite for export after the stockpile seizure order was withdrawn by the Malaysian Anti-Corruption Commission (MACC). The Natural Resources and Environment Ministry said these improvements encompassed a more detailed...
Retracting moratorium on bauxite mining may raise renewed environmental concerns in Pahang
Gerakan Hentikan Pencemaran Bauksit (Geram) chairman Ali Akhbar Othman said recently in Pahang that Malaysian Anti-Corruption Commission (MACC) must first finalise the proper standard operating procedures (SOP) before deciding on the withdrawal of moratorium on bauxite mining. MACC’s recent...
Malaysia further extends moratorium on bauxite mining till June 30, 2018
The Malaysian government has prolonged the period of moratorium on bauxite mining in Pahang for another six months till June 30 next year, which was supposed to expire on December 31. Natural Resources and Environment Ministry said in a statement that the cabinet has decided to extend the ban on...
MACC announces withdrawal of the bauxite seizure order
The Malaysian Anti-Corruption Commission (MACC) has decided to withdraw seizure order on 10 million tonnes of bauxite stockpile in Pahang. The decision was made following the Natural Resources and Environment Ministry (NRE), Department of Minerals and Geoscience and the state government agreed to...
Metro signs bauxite supply agreement with SPIC
Metro Mining Limited signed a non-binding Memorandum of Understanding regarding a bauxite offtake agreement with the Chinese State-owned Enterprise, SPIC Aluminium and Electric Power Investment Co. Ltd. Metro will supply 6.5 million tonnes of bauxite over a period of four years from May 2018. Metro...
US import of bauxite up 13% QoQ in the second quarter of 2017; YoY import drops 20%
According to the latest USGS release on Bauxite and Alumina in the Third Quarter 2017 , imports of crude and dried bauxite by the U.S. in Q3 2017 were 914,000 tonnes, 13% more than the revised total of 812,000 tonnes in the second quarter of 2017. However, on a YoY basis, import of bauxite drops...
Bauxite Resources Limited lodged its Target’s Statement
Bauxite Resources Limited advises that it has today lodged its Target’s Statement in relation to the Bidder’s Statement for the Off Market Cash Offer from Mercantile OFM Pty Ltd. Mercantile OFM has made an offer of 9 cents per share for 50% of your shares in BRL. The Company’s directors engaged BDO...
Romania’s import of bauxite projected to decline slightly in 2017
Romania’s imports of commodities increased during the last five years. The country bought US$ 74.4 billion worth of goods around the world in 2016, making it the 32nd largest importer in the world. Bauxite represents 1.4 per cent of the total imports of the country. Looking at the previous year,...
Guinea allowed $650 mln in non-concessional loans under IMF programme
Guinea will be allowed $650 million in non-concessional borrowing under a new three-year International Monetary Fund (IMF) programme, allowing it to boost spending on infrastructure projects, the finance minister said on Tuesday. The IMF is itself lending Guinea - Africa’s top producer of the...
EGA signs port facility agreement with Abu Dhabi Ports to import bauxite from Guinea for its Al Taweelah alumina refinery
Emirates Global Aluminium (EGA), the largest aluminium conglomerate in the Middle East has signed a long-term port facility agreement with Abu Dhabi Ports to import bauxite for its under-construction Al Taweelah alumina refinery. Khalifa Port sets to become the first port in the Middle East to...
Jamaica’s bauxite export nearing a 16% YoY decline in H2 2017
Bauxite exports from Jamaica is about to end the year 2017 in a drop. Totalling at 1.54 million tonnes during July-November (till date), the volume stands shrunk by 16 per cent from the year-ago period. This explains to a certain extent why the Jamaican government has stepped up its initiatives to...
Sierra Leone’s export of bauxite increases year-over-year, Romania remains the top importer
Sierra Leone exported $465 million of goods around the globe in 2016. The country’s primary mineral resources are diamonds, rutile, bauxite, gold and others. Bauxite exports by Sierra Leone have been rising over the last three years. Sierra Minerals, part of the international industrial and...
China’s domestic bauxite consumption falls last month
China’s domestic bauxite consumption declined 2.51 per cent in the month of November. According to news published by Shanghai Metals Market, domestic bauxite consumption stood at 8.15 million tonnes in November. In the first eleven months of 2017, total bauxite consumption increased 11.2 per cent...
