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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Indian aluminium makers demand ban on bauxite exports
Battling a spate of cheaper aluminium imports from China and West Asia, aluminium producers have made a strong pitch to the Government of India to either ban bauxite exports or raise exports duty to 50 per cent. The proposal to ban exports of bauxite, the key raw material in aluminium production,...
Environment Ministry re-issues APs for bauxite mining in Pahang
The Natural Resources and Environment Ministry has approved the re-issuance of Approved Permits (AP) for bauxite-mining near Kuanatan area in Pahang. Its minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the APs to be given back to the mining sites were to enable the relocation of the 70,000...
Malaysia bauxite mining ban may be extended further
Malaysian ban on bauxite mining may be extended. CBIX was down 1.1% (US$0.5) over the week, finishing at US$47.1/dmt, as lower prices from non-Malaysian suppliers continued their trend lower. Sentiment from Malaysia suggests authorities are likely to take a hard line approach to ensuring bauxite...
New logistics regulations set to keep a tab on Pahang's bauxite operations
Lorries designed specifically to ferry bauxite and new rules for the transfer of the aluminium ore onto ships and barges are among new regulations proposed to keep bauxite industry operations in check in Pahang. Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said...
First Bauxite announces extension agreement with note holders and issuance of US $11 mln note
First Bauxite Corporation is pleased to announce that it has entered into an extension agreement with its note holders to extend from January 19, 2016 to February 29, 2016 the maturity date in all the outstanding notes issued by the company to the Pacific Road Resources Funds and Resource Capital...
Report casts doubt on 2016 bauxite supplies
Most news concerning global metal demand and pricing has been gloomy in 2015 and so far in 2016, but a report from a London-based research firm is pointing to a supply factor that could put upward pressure on aluminum pricing. In its new “Metallurgical Bauxite & Alumina” report with forecasts to...
Expert says Malaysian bauxite industry needs a stricter system
The Government of Malaysia should draw up more stringent procedures for the industry during the three-month moratorium on bauxite mining, says geologist, Dr Habibah Jamil. Dr Jamil, who is also a part of the Science and Technology Faculty at Universiti Kebangsaan Malaysia, said it was vital because...
The CBIX index remains flat during January third week
The CBIX index remained flat leading into the Malaysian mining ban, which takes effect this week. CBIX was down 1.8% (US$0.9/dmt) to US$47.6/dmt as non-Malaysian cargos continued to display variable (and mostly lower) ViU pricing. Both panamax and capesize freight rates fell further, on the back of...
Australian bauxite aspirants struggle for traction amid bauxite boom
Mining development companies which are aspiring to make it big in the Australian bauxite market are struggling for traction despite Chinese imports of the aluminium ingredient rising 45 per cent in 2015. While industry giants like Alcoa and Rio Tinto are increasing their exposure to bauxite, the...
Shippers at Kuantan Port say one month not enough to clear bauxite stockpiles
The bauxite stockpile at Kuantan port will take more than a month to clear, according to shipping industry sources in Pahang, Malaysia. They hope the moratorium brings positive results so there will not be further disruption to their business. A manager in a shipping company that exports the ore to...
Tasmanian bauxite mine suspends production after first shipment stalls
A new bauxite mine at Campbell Town in northern Tasmania has gone into care and maintenance after it failed to secure a buyer for its first shipment. Australian Bauxite began mining at Bald Hill early last year, in what is understood to be the country's first new bauxite quarry in 35 years. The...
Noranda announces cost-reduction and other strategic measures for its upstream business
Noranda Aluminum Holding Corporation has announced actions principally designed to reduce costs in the company's integrated upstream aluminium business, which comprises its bauxite mining operation in Jamaica, its alumina refinery in Gramercy, Louisiana, and its primary aluminium smelter in New...
Bauxite miners race to clear stockpiles at Kuantan Port
A substantial bauxite built-up is being apprehended on Kuantan Port’s land when a three-month mining ban kicks in at midnight overseeing January 15. Kuantan Port Consortium general manager Datuk Azahari Muhammad Yusof said lorries were now speeding in bauxite here at an average of 80,000 tonnes a...
RM180 mln loss after Malaysia govt failed to tax bauxite miners, says Rafizi
Putrajaya, the third and latest Federal Territory of Malaysia, failed to impose any export duties on bauxite mined in Kuantan, losing at least RM180 million in 2015 that could have been channelled back to the people to address pollution concerns caused by the industry, PKR’s Rafizi Ramli said...
Logistic firm says Pahang's temporary bauxite mining ban has no impact on them
Information technology and logistics firm Asdion Bhd says that the three-month moratorium effective this Friday on bauxite mining activities in Pahang has no impact on its business. In a filing with the stock exchange, the company said it had not begun the supply of bauxite to commodities trader...
Malaysia bauxite mining and export ban to have limited impact on China aluminium
Ever since a Malaysian government official reportedly said in an interview on January 2 that the country will likely suspend bauxite mining and exports at certain mining sites out of growing environmental concerns, tension has been brewing over how the decision would impact China aluminium market....
Odisha CM bats for Karlapat bauxite mine lease to OMC
Odisha Chief Minister Naveen Patnaik today requested Union Mines Minister Narendra Singh Tomar to grant OMC (Odisha Mining Corporation) the lease and prospecting license of Karlapat bauxite mine. OMC has already applied for the lease of 1848 hectares of explored area and prospecting license for...
Malaysia to ban bauxite mining for three months
Malaysia on Wednesday imposed a three-month ban on bauxite mining beginning later this month amid worries over its environmental impact, potentially affecting exports of the aluminum-making ore to Chinese smelters. Malaysia emerged last year as a major provider of bauxite after leading producer...
