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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Week in Review: the top newsmakers from global bauxite sector
<p>As aluminium increasingly becomes the metal of choice for OEMs across industries bauxite mining stands to grow at a commendable per annum rate through 2021. According to the latest study by Persistence Market Research, the global bauxite market will grow significantly during 2016-2021.</p> <p...
Bauxite supply shortage affects alumina refinery operations in China’s Shanxi province
<p>Bauxite mines in China’s Shanxi have come under the environmental scanning, Shanghai Metals Market report confirmed. The mines lacking production licenses have been ordered to close operations by September 14. Bauxite supply shortage had already been looming large over alumina refineries...
Jamaica's bauxite export almost halves in H1 2017; H2 outlook not encouraging either
<p>Jamaica is yet to get its due from its bauxite mining industry. The country with a sizeable bauxite reserve amounting to 2 billion tonnes ranks fifth after Guinea, Australia, Brazil, and Vietnam as one of the world’s top countries with rich bauxite reserves. As per 2014 U.S. Geological...
Malaysian Anti-Corruption Commission to halt bauxite exports
<p>The Malaysian Anti-Corruption Commission (MACC) will examine the ports to restrict the export of bauxite in the country. MACC has been investigating illegal bauxite mining activities for weeks. MACC deputy chief commissioner (operations) Datuk Azam Baki said the halt would be difficult but...
Indonesia’s export of bauxite is estimated to drop further in 2017
<p>Indonesia possesses significant reserves of bauxite and has become a major exporter to China. The country was the second leading bauxite-producing country in 2013. But after the export ban imposed in 2014, the production dropped significantly in the country. Indonesia imposed a banned in order...
BMI Research projects 49 million tonnes bauxite production in India by 2021
<p>India's bauxite production is expected to increase from 22.08 million tonnes in 2016 to 49.4 million tonnes by 2021, says a BMI Research report.</p> <p>According to a BMI Research report, India's bauxite production is expected to rise from 22.08 million tonnes in 2016 to 49.4 million tonnes by...
Illegal bauxite mining is unstoppable despite moratorium in Pahang
<p>Despite a year and a half-long ban on bauxite mining, the exports of bauxite are mounting for months in Pahang. The illegal mining activities, unless regulated, will continue in the future. The moratorium on bauxite mining in Pahang is currently in place until December 31, 2017.</p>...
India’s top court orders revision of National Mineral Policy by 2017 end
<p>The Supreme Court of India has directed the government to consider revising the National Mineral Policy by December this year so as to better regulate the domestic mining sector which includes coal, iron ore, bauxite mining along with other industrial minerals. The revision would also stop...
Possible deal between Abu Dhabi Ports and Africa may benefit Guinea bauxite industry
<p>A Bloomberg report says Abu Dhabi Ports is discussing a possible deal in Africa to leverage on the continent’s growing trade with Asia, especially Middle East. Chief Executive Officer of the government-run terminal operator, Mohamed Juma Al Shamisi said this in a Bloomberg Television...
Brazil loses out to Guinea and India in bauxite export to China in June 2017
<p>Brazil, the South-American country with the third largest bauxite reserve in the world after Guinea and Australia, and the third largest bauxite producer after Australia and China, lost the competition to India and Guinea as one of the top bauxite exporters to China. Brazil stood fifth in terms...
Revenue earning potential of Vietnam bauxite exports stands high, but there’s a big ‘but’
<p>Indonesia’s stepping back from bauxite export market saw many countries leveraging the opportunity and making it big over the years. Guinea came up in a big way, and there were the quintessential big players like Australia, Brazil, followed by China and India. One country that lagged...
Australian Bauxite Ltd confirms sale of 30,000 tonnes of bauxite
<p>Australian Bauxite Limited announced the confirmation of its next bauxite sale. The company confirmed a sale of 30,000 tonnes of cement grade bauxite from its Bald Hill Bauxite mine, Campbell Town, Northern Tasmania.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
Lower alumina prices hit Hydro’s underlying EBIT for Bauxite & Alumina despite higher production
<p>Hydro reports positive results for the second quarter of 2017, driven by better metal prices. However, underlying EBIT for Bauxite & Alumina decreased from the first quarter mostly attributed to lower realized alumina prices, driven by a weaker alumina index. </p> <p style="text-align:...
Jamaica Bauxite Institute gets budgetary support from Capital Development Fund
<p>The House of Representatives has approved $715.687 million grant to the Jamaica Bauxite Institute (JBI) from the Capital Development Fund (CDF), as a budgetary support for the 2017/18 financial year.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
India’s bauxite exports to ebb in Q2 FY2018; PM calls for faster mine operationalisation
<p>After hitting the highs of around 1.28 million tonnes in Q2 FY 2016-17, India’s bauxite export is inching towards a decline, as steep as 59.7per cent year-on-year, reveals global export-import trade estimate. The country exported an estimated volume of 4.12 million tonnes of bauxite in...
The U.S. almost halves its bauxite imports in Q1 FY 2017-18, volume down by 47% YoY
<p>Bauxite imports by the U.S. in the first quarter of the current financial year have dropped both quarter-on-quarter and year-on-year, reported U.S. geological Survey in their latest Mineral Industry Surveys report. The imports of dried and crude bauxite in Q1 FY2017-18 totalled 790,000 tonnes,...
Alcoa’s Bauxite & Alumina EBITDA falls in Q2 2017 on lower API and production
<p>Alumina Limited, the AWAC joint venture, has announced its second quarter results for Alcoa Bauxite and Alumina Segment. The 2017 EBITDA for Bauxite and Alumina fell to total $325 million. </p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Topsun International loads second ship of bauxite for Shandong Lubei Enterprise Group
<p>According to the news published by Shanghai Metals Market, Topsun International Industrial Limited that focused on high quality bauxite production and export sales, is set to export its bauxite to the China market, a source familiar with the company said.</p> <p><img style="vertical-align:...
