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...
Grow with
AL Circle
More companies seek mining licences at Solomon Island
More foreign companies are seeking prospecting and full mining licences from the government, records from the Mining Department revealed. The records showed 25 companies have been issued with exploration licences and are currently on active prospecting. This number could increase after the Mines...
Bauxite mining comes to halt at Hindalco mine
Bauxite mining by Aditya Birla owned Hindalco Industries has came to a grinding halt in the Mali Parbat area near Semiliguda in south Odisha's Koraput district with the district administration imposing prohibitory orders under Section 144 of CrPC. The prohibitory orders have been clamped in the...
Odisha the highest gainer in the royalty hikes on mineral ores
Post the Government’s announcement regarding the royalty hike on 23 minerals last week, it seems five states in particular will be benefitting the most namely – Odisha, Karnataka, Jharkhand, Goa and Chhattisgarh. Royalty rates on metallurgical-grade bauxite and laterite has been revised to 0.6...
Pacific Road Resources funds announce exchange of convertible notes in First Bauxite Corporation
The Pacific Road Resources Funds announce that PRRF has exchanged the non-interest bearing convertible notes issued by First Bauxite Corporation in the aggregate principal amount of $8,000,000, which were due to mature on June 26, 2014 and July 23, 2014, for promissory notes having the full...
Cabinet hikes royalty rates on minerals in India
The government today gave nod to increasing royalty rates on minerals including iron ore and bauxite, a long-awaited move that will significantly swell the annual revenue of states. "Cabinet in-principle approved revision of mineral royalty. There are 55 such items but this excludes coal, lignite...
Vinacomin exports over 400,000 tonnes of aluminum
The Lam Dong Aluminum-Bauxite Complex Project of the Vietnam Coal and Mineral Industries Group (Vinacomin) has exported 411,000 tonnes of aluminum since operation began in December 2013. The information was released at a Bauxite Complex Project’s meeting in the central highlands province of Lam...
Global Bauxite and Alumina market review 2014
Research and Marke has announced the addition of the "Bauxite and Alumina Market Review" report to their offering. The report presents a thorough study of bauxite and alumina, covering both global and regional markets and aims to give a proper picture of the market, as well as its trends,...
Opposition to bauxite mining in Jamaica
As the opposition against bauxite mining is taking quick pace around the world, people in Jamaica are also being vocal against bauxite mining. Residents of the Cockpit Country in Jamaica have expressed opposition to any plans for bauxite mining in the area, according to reports from the Jamaica...
CM's Bauxite Mining plan opens Pandora's Box
With chief minister N Chandrababu Naidu making it clear that the state government is keen on permitting bauxite mining in the Visakhapatnam agency area, the opposition for the same is regaining momentum. While the AP government has already launched an exercise to review the stand on the issue,...
China's bauxite imports fall 39.8% from year ago
China has witnessed a 39.8% decline in June’s imports from a year ago, down to 19.5 million tonnes. The fall is attributed to last year’s high base following large stockpiling and the preference to consume on-hand stocks. Except for one shipment of Indonesian ore in May, no arrivals of Indonesian...
China bauxite imports grow 37.91% to 2.93 M tonnes
Inbound shipments of bauxite to China grew 37.91% from May to 2.93 million tonnes in June due to increased imports outside Indonesia, Shanghai Metals Market learned. Except one shipment of Indonesian ore from bonded area in May, no arrivals of Indonesian goods have been reported since this April...
Aziana Limited opens data room for Manantenina Bauxite Project
Aziana Limited has opened an online data room to a third party that could join as a partner to develop its Manantenina Bauxite Project in Madagascar. While under the radar to some investors, it shouldn't be as Manantenina offers a number of bauxite riches that a JV partner would salivate over....
Government initiates winding up of BATCo
The Ministry of Science, Technology, Energy and Mining has initiated the winding up of the Bauxite and Alumina Trading Company (BATCo), which it indicates is one step forward in its plan to merge administratively all government entities dedicated to management of bauxite resources. Entities to be...
SMM sees little immediate impact on Chinese alumina producers from Indian bauxite export duty hike
The Indian government’s decision to double the bauxite export duty to 20% will push up production costs for Chinese alumina producers in the long run, but the immediate impact will be limited as Chinese producers have already built up sizable stockpile, Shanghai Metals Market understood. China’s...
Bauxite imports surge in China
China saw imports of bauxite jump nearly 40% last month, but the figure was still well down on pre-Indonesian ban highs. The world’s largest importer of the aluminium making ingredient imported 2.9mt of bauxite in June, according to shipbroker SSY. While it is a significant increase on previous...
RUSAL wins case against Republic of Guinea for Friguia alumina complex
Global aluminium producer RUSAL announced today that it has won a case with regards to share purchase of the Friguia bauxite and alumina complex against the Republic of Guinea. Rusal bought over the Friguia production complex, which includes a bauxite mine, an alumina refinery and a railway network...
Bauxite tax might force Indian aluminum players to sell domestically
Local aluminum players claim to always have shortages of the mineral but the major bauxite players are keen to export it because of the lucrative international prices. Now, with a 20 percent tax, it will become more expensive to export bauxite, thus adding capacity to domestic aluminum production....
Hiked duty on bauxite, stainless steel to help Indian firms
Chennai, July 10 (IANS) The hike in export duty on bauxite and the import duty on flat rolled products of stainless steel proposed by union Finance Minister Arun Jaitley is favourable for the domestic players, said a sectoral analyst. "It augurs well for aluminium industry's capacity expansion...
