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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China's appetite for bauxite subsides after slowdown
<p>China imported 3,506,176 million tonnes of bauxite in June 2016, down 12.3 per cent from the same period previous year. The year-to-date bauxite import, however, increased 12 per cent to reach 25,197,259 mt.<br /><br />Australia topped the list of countries which supplied bauxite ore to China....
Hydro reports a drop in underlying EBIT for Bauxite & Alumina segment
<p><span>Norsk Hydro Q2 2016 results reported an increase in underlying EBIT on higher prices and sales volumes.</span><br class="jx_ui_Widget" /><br class="jx_ui_Widget" /><span>However, underlying EBIT for Bauxite & Alumina segment decreased in comparison to Q1. There were a number of...
North America's market share in bauxite mining to grow on the back of increased aluminium demand
According to a recently published report, North America has the largest market share for bauxite mining owing to increased aluminium demand in the region. Europe and Asia Pacific region follows North America in bauxite demand. North America is expected to maintain its dominance from 2015-2020....
Vedanta to refocus aluminium operations in Odisha
After investing US$7.5 billion in establishing an alumina refinery and an aluminium smelter and associated power facilities in the region, Vedanta Resources plc announced late last week that it is shifting its focus in the state of Odisha. “For us, the Niyamgiri chapter is closed. We are not...
State preventing clearance of Pahang’s bauxite stockpiles
Bauxite miners in Pahang are significantly less than happy about the latest extension in the government’s mining ban in the province, according to interviews conducted by local media outlets. The latest extension is the second such from the government, which extends the ban until mid-September....
Caricom’s bauxite miners must industrialise to withstand impact of volatile commodity prices
Suriname's President Desi Bouterse on Monday urged Caribbean Community (Caricom) member states that are involved in bauxite mining, mining of other industrial metal ores, and oil to unite towards industrialisation rather than continue to be vulnerable to global commodity prices. “Those...
Bauxite mining moratorium in Pahang extended again
The moratorium on bauxite mining in Pahang, Malaysia, has been extended yet again, this time for another two months. Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said this was because there were still a sizable number of bauxite stockpiles that had yet to be...
US imports of crude and dried bauxite in Q1 2016 falls 35% QoQ
According to the latest Mineral Industry Surveys data published by the USGS, imports of crude and dried bauxite in the first quarter of 2016 were 1.51 million metric tons (Mt), 35 per cent less than those in the fourth quarter of 2015 and 45 per cent less than those in the first quarter of 2015....
Australian Bauxite Ltd: Large sale concluded and new opportunities initiated
Australian Bauxite Limited is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's maiden shipment of 5,557 tonnes occurred on 28 April and a second sale of 5,000 tonnes was announced on 31 May. ABx is pleased to...
Landowning unit visits bauxite mining site in Wainunu, Bua
Landowning units and the people of Wainunu were taken to the Nawailevu bauxite mining sites in Bua to see the success of the rehab program. Tui Wainunu Ratu Orisi Baleitavea said groups had been taken to Nawailevu as an educational and informative visit. "This has been happening for some time now...
Guinea, Brazil emerge as key competitive bauxite suppliers to China
While Australia remains China’s top bauxite supplier, the country is facing competition from Guinea and Brazil, who are emerging as important suppliers, SMM says. Imports from Guinea, China’s second largest supplier, rose about 10 per cent month-on-month in May, and imports from Brazil, which...
CBIX up, Malaysian ban to be relaxed
CBIX nudged higher over the week, up 1.5 per cent (US$0.7) to US$45.8/dmt on the back of higher ViU-priced Australian material. Given the current linkages between bauxite prices and alumina prices, we expect to see the former gain further ground, as the rebound in alumina prices begins to flow...
Alcoa in maiden bauxite shipment
Alcoa has loaded its first shipment of WA bauxite destined for a Chinese alumina refinery, describing the event at Kwinana today as a milestone moment. The 47,000 tonne parcel of bauxite, from the Alcoa of Australia joint venture’s Darling Range mines, is the start of an export trial approved by...
CBIX down 1% to $45.4/dmt over the week
CBIX eased over the week, down 1 per cent (US$0.4) to US$45.4/dmt. This comes on the back of a low ViU-priced cargo from Guinea and lower Malaysian FOB prices, which have pulled back slightly, to US$25.5/dmt for unwashed material FOB and US$34/dmt CIF. Unwashed grades are reportedly 40.5 per cent...
Minister says mined-out bauxite lands in Jamaica will be returned to production
Transport and Mining Minister of Jamaica, Hon. Mike Henry, says that mined-out bauxite lands across the island will be returned to productive use, especially in the area of agriculture. During a tour of two water harvesting and greenhouse cluster projects in St. Ann on June 2, Mr. Henry said he is...
CRU declares 2016 “The Year of Guinea” as it breaks down the global bauxite market
CRU issued a report late last week detailing the future of bauxite ore, and, according to CRU’s analysts, the future looks pretty good. Following is an overview of the top bauxite-producing regions and an outlook for the coming months. Indonesia – the archipelagic country had been the source for up...
Bauxite prices higher on Australian cargos
CBIX lifted 3.3% (US$1.5/dmt) over the week, on the back of higher ViU-priced cargos from Australia. This was despite Brazilian material being sold at record low prices into China. Higher Australian prices are no surprise, given the recent rally in alumina prices and the link between bauxite and...
China demand to drive 15 year-long bauxite boom, says Rio Tinto
China’s quest for raw materials for its aluminum smelters and alumina refineries promises to deliver a 15-year boom for exporters of bauxite, according to Rio Tinto Group, which is spending $1.9 billion to raise output. Global demand is already growing rapidly and will outpace the 4 percent-a-year...
