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Bauxite Resources to reveal corporate transaction
21 OCT 20151MINS

Bauxite Resources to reveal corporate transaction

Bauxite Resources has lifted the anticipation factor requesting a trading halt in relation to a proposed corporate transaction. The company requested the halt in trading of its shares until 23 October. Bauxite Resources is involved in bauxite exploration in the Darling Range which is the largest...

Aurum Exploration Fiji delays shipment as global demand of bauxite falls
21 OCT 20151MINS

Aurum Exploration Fiji delays shipment as global demand of bauxite falls

The 70,000 tonnes of bauxite worth $1.4 million remains stockpiled in Nawailevu, Bua. Aurum Exploration (Fiji) Ltd executive Derek Qiu confirmed there were no plans to ship the ore as global demand for it was still low. "The stockpile remains there and is still 70,000 tonnes as work progress slows...

Alpart alumina refinery- technical and equipment auditor at work
14 OCT 20152MINS

Alpart alumina refinery- technical and equipment auditor at work

A technical and equipment infrastructure review of the alumina refinery, Rusal Alpart Jamaica, is being conducted as part of pre-preparatory work for the plant’s scheduled reopening in December 2016. Audit representatives from UC Rusal's Moscow office, and elsewhere in Europe and Australia are...

Bauxite Resources Limited circulates Annual Report 2015 among shareholders
14 OCT 20152MINS

Bauxite Resources Limited circulates Annual Report 2015 among shareholders

Bauxite Resources Limited published its Annual Report 2015. During the year the company focused on trying to resolve the current impasse on the development of the Felicitas deposit with its joint venture partner Yankuang Resources Pty Ltd. At the same time the company took a staged approach to the...

Stricter rules on bauxite mining planned in Terengganu, Malaysia
05 OCT 20151MINS

Stricter rules on bauxite mining planned in Terengganu, Malaysia

Government of Terengganu, the sultanate and constitutive state of federal Malaysia, intends to be more stringent on bauxite mining to prevent environmental pollution, Menteri Besar Ahmad Razif Abdul Rahman said recently. He said new conditions on mining permits would be announced after the state...

Locals request Vedanta to run Lanjigarh alumina plant
01 OCT 20152MINS

Locals request Vedanta to run Lanjigarh alumina plant

A representation of Ambadola residents went to Lanjigarh yesterday to discuss Vedanta COO on the closure of Vedanta’s Alumina refinery in absence of bauxite security. Previously People in large numbers made the demonstrations on Save Vedanta. Showing their displeasure, locals of Ambadola on the...

IMO's sub-committee on CCC meets to discuss bauxite liquefaction
01 OCT 20152MINS

IMO's sub-committee on CCC meets to discuss bauxite liquefaction

The IMO’s Sub-Committee on Carriage of Containers and Cargoes (CCC) recently met to discuss, among other issues, cargoes which may liquefy, in particular, bauxite and coal. Following the sinking of the Bulk Jupiter which was carrying 46,400 tonnes of bauxite and the loss of eighteen lives earlier...

China bauxite consumption increases on rising alumina production
01 OCT 20151MINS

China bauxite consumption increases on rising alumina production

China’s bauxite consumption has increased on the back of continuous growth in alumina production. During the first eight months of 2015, a total of 92.24 million tonnes (mlnt) of bauxite was used in alumina production. Bauxite consumption hit 12.08 mln t in August, up 15.4% year on year....

Mining Act review to determine royalty shares of landowners in Fiji
28 SEPT 20152MINS

Mining Act review to determine royalty shares of landowners in Fiji

Landowners of Fiji's first bauxite mine at Nawailevu in Bua are yet to get their fair share of royalty because a formula to determine it will be part of the review of the Mining Act. And until that happens, royalties will be held in trust by Government. This was clarified by Lands Minister...

Malaysia replaced Australia as China’s top bauxite supplier in August
28 SEPT 20151MINS

Malaysia replaced Australia as China’s top bauxite supplier in August

Malaysia replaced Australia as China’s top bauxite supplier in August due to its overwhelming price attractiveness. China imported 2.01 million tonnes of bauxite from Malaysia in August, 45% of total imports, customs data showed. Average CIF price of Malaysian bauxite was $ 45.65 per tonne in...

IMO warns on bauxite liquefaction dangers
22 SEPT 20152MINS

IMO warns on bauxite liquefaction dangers

The International Maritime Organization (IMO) has taken action to warn ship Masters of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 10-year-old Bahamas flag bulk carrier Bulk Jupiter, which...

Centre to hold mines auction on behalf of Indian states from November
18 SEPT 20152MINS

Centre to hold mines auction on behalf of Indian states from November

In a bid to fast-track mineral extraction, the centre will conduct auction of mines bearing minerals such as iron ore, bauxite and limestone on behalf of states for the first phase starting November this year. In phase I, the 12 mineral-producing states have identified 80-90 blocks that will go...

Alcoa to pare down remaining Suralco Refining capacity
15 SEPT 20152MINS

Alcoa to pare down remaining Suralco Refining capacity

Lightweight metals leader Alcoa announced the curtailment of Suralco’s remaining 887,000 metric tons per year of alumina refining capacity as discussions continue with the Government of Suriname on preserving the country’s bauxite and refining industry. The refinery is scheduled to be idled by...

Global demand and recession affect Fiji bauxite exports
10 SEPT 20151MINS

Global demand and recession affect Fiji bauxite exports

Fiji has exported $48 million worth of bauxite so far from the shores of Bua in the Northern Division. But the drop in global demand has affected export and slowed work progress at the mines this year. Aurum Exploration (Fiji) Ltd executive Derek Qiu confirmed although works continued, operations...

35,000 tonnes of bauxite awaits shipment at Rusal’s Alpart operations
08 SEPT 20151MINS

35,000 tonnes of bauxite awaits shipment at Rusal’s Alpart operations

After a gap of six years, UC Rusal Alpart bauxite/alumina operations have finally swung into action. A cargo ship- Vyritsa is being loaded with 35,000 tonnes of bauxite at Alpart’s Port Kaiser facility and is scheduled to leave for Ukraine later this week. “This is the first major economic activity...

Vedanta crisis: Odisha to nudge Nalco, Hindalco for interim bauxite supplies
01 SEPT 20153MINS

Vedanta crisis: Odisha to nudge Nalco, Hindalco for interim bauxite supplies

Waking up to acute raw material crisis faced by Vedanta to run its Lanjigarh alumina refinery, the state government has decided to push aluminium producers like National Aluminium Company (Nalco) and Aditya Birla Group promoted Hindalco Industries to make arrangements for interim bauxite supplies....

China bauxite imports soared in July on rapid alumina capacity expansions
31 AUG 20151MINS

China bauxite imports soared in July on rapid alumina capacity expansions

China’s appetite for imported bauxite grew significantly in July due to rapid expansions in the country’s alumina capacity, observed Shanghai Metals Market (SMM). Bauxite imports hit 5.06 million tonnes in July, up 63.52% year-on-year and 25.26% month-on-month, customs data showed. China imported...

Vedanta to halve output at Lanjigarh alumina refinery, job cuts to follow
28 AUG 20151MINS

Vedanta to halve output at Lanjigarh alumina refinery, job cuts to follow

Vedanta Ltd will halve output at its one- million-tonne-a-year alumina refinery at Lanjigarh in Orissa state in about two months, a senior executive said, due mainly to acute shortage of raw material bauxite and weak LME aluminium prices. Job cuts at the refinery, which employs about 2,000 people,...