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Vedanta's cumulative loss on Odisha refinery crosses INR 4,000 cr
26 NOV 20153MINS

Vedanta's cumulative loss on Odisha refinery crosses INR 4,000 cr

Diversified metals and mining major Vedanta Ltd has incurred a cumulative loss of INR 4299 core (till October end) on its one million tonne Lanjigarh alumina refinery since the beginning of commercial operations in August 2007. Though Vedanta recently de-rated capacity of the refinery by 50 per...

Vedanta seeks Indian government's help to tide over raw material crisis
25 NOV 20152MINS

Vedanta seeks Indian government's help to tide over raw material crisis

Faced with acute raw material shortage for its refinery at Lanjigarh in Kalahandi district, the Vedanta Group on Tuesday requested the Odisha Government to honour the MoU which assures supply of 150 million tonnes of bauxite for its processing facility in the State. Chief Operating Officer (COO) of...

Malaysia shipped 18,000,370 mt bauxite to China during Jan - Oct 2015
24 NOV 20151MINS

Malaysia shipped 18,000,370 mt bauxite to China during Jan - Oct 2015

China's total bauxite import grew 74 per cent year-on-year in October and 42.36 per cent during January-October period of 2015. Bauxite import during the first nine months of 2015 stood at 43,363,610 million tonnes (mt), showed data released by the General Administration of Customs. Malaysia ranked...

Bauxite mining in Visakhapatnam mired in controversies
24 NOV 20152MINS

Bauxite mining in Visakhapatnam mired in controversies

Bauxite mining issue in the dense hilly terrains of Visakhapatnam has witnessed several twists and turns ever since the powers-that-be allowed a Dubai-based company to make an aerial survey of bauxite blocks in the region in 2001. Each time the move had triggered a ruckus those in power have...

Government agrees on temporary suspension of bauxite exports from Pahang
18 NOV 20152MINS

Government agrees on temporary suspension of bauxite exports from Pahang

The federal government in Malaysia has agreed to a suggestion to temporarily suspend the export of bauxite from Pahang until proper regulations are in place to keep the industry in check. Natural Resources and Environment Minister Datuk Wan Junaidi Tuanku Jaafar said he is agreeable to the...

Guinea bauxite unloaded at Yantai Port
17 NOV 20152MINS

Guinea bauxite unloaded at Yantai Port

A cargo ship from Guinea unloaded 170,000 tons of bauxite from Guinea at Yantai port on Monday, establishing China's first bauxite transportation line connecting Guinea mines with Chinese consumers. Kassory Fofana, minister of State at the President's office was at at the unloading ceremony at...

Andhra Pradesh Cabinet to take final call on bauxite mining
13 NOV 20152MINS

Andhra Pradesh Cabinet to take final call on bauxite mining

Despite a Government Order having been issued for resumption of bauxite mining in forest land in Visakhapatnam district, a final decision on it will be taken at an Andhra Pradesh Cabinet meeting next week, state Minister Ganta Srinivasa Rao today said. "Though GO 97 (for resumption of bauxite...

Australian Bauxite signs offtake agreement with Rawmin Mining and Industries
11 NOV 20151MINS

Australian Bauxite signs offtake agreement with Rawmin Mining and Industries

Australian Bauxite Ltd (ABx) has finalised an offtake agreement with Rawmin Mining and Industries Pvt Ltd of Mumbai, India. The agreement, which covers all bauxite produced by ABx out of Tasmania and runs five years, provides for Rawmin to buy 4.7 million wet metric tonnes of bauxite commencing...

Pahang bauxite operators to foot the bill for Adherex 120 red dust-control technology
09 NOV 20152MINS

Pahang bauxite operators to foot the bill for Adherex 120 red dust-control technology

Malaysia Pahang's bauxite operators will have to foot the bill once the state government decides to adopt the ore dust control agent known as Adherex 120. The state government was yesterday given a demonstration of the product, which aims to cut down on the 'red dust' phenomenon which has hit the...

Aurum Exploration (Fiji) anticipates bauxite shipment
05 NOV 20151MINS

Aurum Exploration (Fiji) anticipates bauxite shipment

In the wake of global economic slowdown and aluminium price decline, which have severely affected demand, bauxite shipments to China have been reported to have come to a standstill. But, Aurum Exploration (Fiji) Ltd's executive Derek Qiu said they were anticipating a shipment before the end of the...

Kuantan MP seeks government intervention in bauxite export suspension issue
03 NOV 20152MINS

Kuantan MP seeks government intervention in bauxite export suspension issue

The federal government of Malaysia needs to step in and suspend all licenses issued to export bauxite from Pahang until it can implement regulations to deal with the allegedly rampant pollution caused by the industry, Kuantan MP Fuziah Salleh said today. The PKR lawmaker claimed that everything...

Malaysia overtakes Australia as China’s top bauxite supplier
02 NOV 20151MINS

Malaysia overtakes Australia as China’s top bauxite supplier

Overwhelming price appeal made Malaysia overtake Australia as the top bauxite supplier to China during January-September period. Bauxite imports from Malaysia soared to 15.87 million tonnes (mt) during the first nine months 2015, surpassing 15.09 mt imported from Australia, showed customs data....

Bauxite mining in Bua continues, two more sites being explored
30 OCT 20152MINS

Bauxite mining in Bua continues, two more sites being explored

Bauxite mining in Fji's Bua province has not ended and other prospective sites are being explored for possible deposits. This was confirmed to members of the Parliament Standing Committee on Natural Resources by Department of Mineral Resources director Malakai Finau. Mr Finau said although the...

IMO Sub-Committee on CCC updates on carriage of bauxite that may liquefy
27 OCT 20153MINS

IMO Sub-Committee on CCC updates on carriage of bauxite that may liquefy

At a recent meeting of the IMO Sub-Committee on the Carriage of Cargoes and Containers (CCC), submissions from the lost bulk carrier’s flag state, the Bahamas, were considered. Although the cargo had been declared as a Group C cargo under the IMSBC Code, the vessel’s flag state advised that the...

China to keep importing bauxite as aluminium demand grows
26 OCT 20152MINS

China to keep importing bauxite as aluminium demand grows

China is expected to remain the world's largest consumer of aluminium and will thus continue importing huge amounts of bauxite. China is both the largest consumer and importer of bauxite in the world, accounting for approximately half of global imports of the aluminium-making ingredient. Italian...

Norsk Hydro reports record bauxite production in Q3
23 OCT 20151MINS

Norsk Hydro reports record bauxite production in Q3

Hydro's underlying earnings before financial items and tax declined to NOK 2,215 million in the third quarter from NOK 2,667 million in the second quarter of 2015. Weaker alumina and aluminium prices and premiums weighed on results, while strong rolled products sales and record bauxite production...

House approves CDF withdrawal for bauxite projects in Jamaica
22 OCT 20152MINS

House approves CDF withdrawal for bauxite projects in Jamaica

The House of Representatives, Kingston, Jamaica, approved the withdrawal of $406.5 million from the Capital Development Fund (CDF) to finance the bauxite development programmes. Minister of Finance and Planning, Dr Peter Phillips, informed that $200 million will go to the Jamaica Bauxite Institute...

Bauxite Resources Limited signs MOU with Yankuang
22 OCT 20152MINS

Bauxite Resources Limited signs MOU with Yankuang

Representatives of Bauxite Resources Limited, Yankuang Resources Pty Ltd (Yankuang), and Yankuang Group Company Ltd ('YGL')'), on 21 October 2015, signed a non-binding memorandum of understanding (MOU) recording that they have negotiated a number of proposed transaction documents which, if approved...