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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Union still negotiating with Noranda Jamaica Bauxite
The University and Allied Workers Union (UAWU) says it is still negotiating with Noranda Jamaica Bauxite as it continues to appeal to the company to reconsider its recent layoff of more than 30 workers. The UAWU represents some of the workers who were laid off. President of the UAWU Lambert Brown...
New report published on Bauxite Cement Market 2015 – 2022
Research Corridor has published a new research study titled “Bauxite Cement Market – Growth, Share, Opportunities, Competitive Analysis and Forecast, 2015 – 2022”. The Bauxite Cement market report studies current as well as future aspects of the Bauxite Cement Market based upon factors such as...
Freeze on Pahang bauxite mining possibly extended again, minister says
The moratorium on bauxite mining in Kuantan, Pahang, may be extended until all conditions set by the authorities are adhered to, according to Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. The New Straits Times (NST) quoted him as saying that the conditions...
Guinea overtakes Malaysia as China’s second largest bauxite supplier in April
Guinea beat Malaysia as the second largest bauxite supplier to China, marking a significant change in supplier structure. Imports of the aluminium smelting raw material look set to grow in the future, SMM predicts. Shandong Xinfa Group plans to import 2-3 million tonnes of bauxite from Guinea this...
21st CRU World Aluminium Conference 2016: Experts throw light on the changing face of China aluminium
The 21st CRU World Aluminium Conference 2016 took place between May 9-11 in Shanghai, China. As the setting was the Middle Kingdom, many of the speakers’ presentations were oriented to the subject. CRU’s Michael Insulán delivered a presentation on the changing face of aluminium and bauxite supply...
Australia faces increasingly stiff competition in the China bauxite market
Australia has been a top supplier of bauxite to refineries in the People’s Republic of China for the past several years, but the country is facing increased competition for the Chinese marketplace from Malaysia and Guinea, according to a report compiled by the Australian government’s Department of...
CBIX eases, Malaysia exports from existing bauxite stockpiles
Bauxite prices eased 1.6 per cent (US$0.7/dmt), closing Friday at US$44.2/dmt for the week. Several lower ViU-priced cargos from Malaysia contributed to the marginal decline over the week. Although Malaysian bauxite exports have resumed, mining activities have not - current exports (via Kemaman...
Consent given for bauxite mining in Wainunu, Bua
A landowning unit in Wainunu, Bua on Vanua Levu has given consent for bauxite mining in the district. Although the district meeting held at Daria Village this week did not identify the mataqali, Tui Wainunu Ratu Orisi Baleitavea confirmed that a landowning unit had given its approval. In an...
CBIX up, Malaysia exports to resume
Bauxite prices were up 3.5 per cent (US$1.5/dmt), closing at US$44.9/dmt for the week, driven by higher ViU-priced cargos from Brazil. In Malaysia, AK and Spring Energy have resumed mining and are planning to export through Kemaman port, some 20-30km north of Kuantan port. We therefore expect to...
Bauxite-mined land can be cultivated with a little extra effort, says farmer
The lush vegetation grown by Surin Deris, a settler, has shown that land formerly mined for bauxite can be cultivated, with a little bit of extra effort. Surin, 68, a first generation settler in Tanah Rancangan Pemuda Bukit Goh, said the plants were grown about one month after bauxite mining...
Australian Bauxite hits payday for bauxite shipment
ASX-listed Australian Bauxite (ABx) is hoping to ship its second batch of bauxite from the Bald Hill mine, in Tasmania, within the next two months. The miner said on Tuesday that full payment had now been received for the maiden cargo of 5 557 t of cement-grade bauxite that left Tasmania in April...
Stockpile growing in bauxite mines: Exports from Bua stagnant
Exports have experienced a setback in Bua. At least $4 million worth of bauxite remains in Fiji mining sites for a year now despite improvement in the global market. About 70,000 tonnes of bauxite valued at $2.8 million has remained at the Nawailevu stockpile area and 30,000 tonnes worth $1.2m has...
China turns to Guinean bauxite against Malaysia ban
Chinese buyers have turned to Guinea for bauxite after Malaysia extended ban on bauxite mining by another three months. Imports from Guinea soared 189 per cent month-on-month to 937,000 tonnes in March, of which 93.7 per cent were imported by China Hongqiao Group alone, customs data showed. Some...
CBIX fell 1% to finish at US$43.5/dmt previous week
CBIX fell 1.0 per cent (US$0.4/dmt) to finish the week at US$43.5/dmt on April 29. Prices for imported bauxite are keeping low, despite Chinese alumina prices rebounding some 25 per cent from the market lows in January, Bauxite Index reported. Malaysian bauxite prices were unchanged, quoted in the...
Pahang ministry hopes bauxite SOPs ready before moratorium ends
The Natural Resources and Environment Ministry of Pahang, Malaysia, is hoping that improvements to the standard operating procedures (SOPs) for bauxite mining can be finalised before the expiry of the moratorium on the activity. Its Deputy Minister Hamim Samuri said, however, the new SOPs would...
Bauxite Resources' current cash burn rate reduces in quarter ended March 2016
Bauxite Resources Limited has published its production report for the quarter ended on March 2016. During the review period, Bauxite Resources completed sale of the company’s interest in the BAJV. Key changes made as a consequence of this were as follows: • BRL received net cash funds of $6m from...
Noranda announces June 3 deadline for creditors to file claims
Noranda Aluminum Holding Corporation has given its creditors until June 3 to file a claim if they want to be paid as the company goes through bankruptcy proceedings. The Jamaican Government is among Noranda’s creditors. It is owed billions of dollars under the bauxite levy and has been trying to...
Lack of markets for bauxite a cause of worry for Mozambique govt
The Tax Authority of Mozambique has confirmed that it is holding negotiations with Vale Mozambique, the local subsidiary of major Brazilian mining group Vale, on the payment of capital gains tax. Vale Mozambique is one of a number of major companies with which the tax authority is currently having...
