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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Brazil's Bauxite export fell in February while alumina remained stable
Brazil’s exports of bauxite fell in February 2014 while alumina shipments remained stable and aluminium increased, according to the country’s trade ministry. Bauxite exports from Brazil dropped 33.2% year-on-year in February on decreased volumes sent to North America. Volumes sent abroad amounted...
Integrated aluminium producer model will be challenged over the next few years: Alumina Ltd
The integrated aluminium producer model will be challenged over the next couple of years, leading to a shake-up in corporate structures, an executive at Alumina Ltd said. These changes could take a variety of forms, Andrew Wood told Metal Bulletin's 20th Bauxite and Alumina conference in Miami....
China’s Bauxite imports peak in january as Indonesia's export ban looms
China’s bauxite imports hit record high in January as Indonesia’s export ban loomed large, Shanghai Metals Market has learned. Inbound shipments reached 8.02 million tonnes last month, spiking 57.81% year-on-year. Indonesia contributed 6.14 million tonnes, soaring 105.04% YoY, while Australia...
Bauxite and Alumina Market in the World to witness 2.8% CAGR Through 2017
In 2012, the worldwide bauxite production reached 263,000 tonnes, registering a 1.3% YoY increase. In the same year, the overall alumina supply volume stood at more than 92,000 tonnes, recording just a 0.7% YoY increase. Australia, China, Brazil, Indonesia and India were the top five bauxite...
Bauxite Resource Company updates on market developments and company strategies
Bauxite Resources Limited has recently listed their achievements they have made in the year 2013 in the company’s newsletter. The company thinks the momentum in 2013 has helped them to reach more milestones towards starting bauxite’s commercial export from Western Australia. Bauxite resources held...
Maputo, the only bauxite company in Mozambique in danger of closure
Maputo — The only bauxite mine in Mozambique, located at Penhalonga in the central province of Manica, is at risk of closing, for lack of a market for its product, reports Monday's issue of the Beira daily paper “Diario de Mocambique”. The managing director of the company, Mina Alumina, John Makle,...
Suriname earthmoving company eying investment in bauxite sectors
A meeting took place between Earthmoving Company LUNA N.V. executives of Suriname and the Natural Resources and the Environment Minister Robert Persaud to discuss about the business potentials within the gold mining and bauxite sectors. A press-release from the Ministry of Natural Resources said...
Indonesia’s Export Ban to ‘Slim Down’ China’s Aluminum Sector
aluminium sector, with Indonesia’s ban on exporting metal ores set to boost costs of the raw material bauxite and pile more pressure on struggling smelters,” reports Reuters. “Beijing has been issuing broadbrush rules aimed at reining in overcapacity in sectors such as aluminium and steel for about...
ICMS tax to impact bauxite and alumina business of Norsk Hydro
Norsk Hydro ASA's alumina refinery Alunorte in Brazil will be subject to ICMS taxation on fuel oil starting February 1, following a decision by the Brazilian state of Pará to change the collection point of the ICMS tax on fuel-oil purchases. Assuming that the decision is upheld, the estimated...
Bauxite Resources publishes Quarterly Activities Report
Bauxite Resources Limited continues to focus primarily on the exploration and evaluation of bauxite prospectivity in BRL's extensive tenement holding in Western Australia's Darling Range, the largest bauxite and alumina producing region in the world. Currently the Company and its joint Venture...
Cita Mineral awaits go-ahead to resume bauxite shipments
Bauxite miner Cita Mineral Investindo ceased its bauxite ore export activities on Jan. 12, following the mineral ore export ban implemented by the government. Bauxite and nickel miners have been hit the hardest in the wake of Indonesia’s policy initially aimed to ban mineral ore exports. The...
Vedanta urges Odisha government to provide lease of laterite mines soon
Continuing its frenzied efforts to secure alternate bauxite supplies, Vedanta Aluminium Ltd (VAL) has urged the Odisha government to fast track its applications for three small laterite deposits in Koraput district for mining lease by the end of this month. VAL’s urgency to secure alternate raw...
Bauxite miners stop operations due to ban on raw mineral exports
Less than two weeks after the government issued a ban on raw mineral exports, five bauxite mining companies operating in Tanjungpinang municipality, Riau Islands province, have ceased operations, a local official has said. Tajungpinang Marine, Fishery, Forestry and Energy Agency head Sumardi said...
Chinese bauxite ore reserve is low, accounts for less than 10% of global total
Over the past five years, revenue for the Aluminum Ore Mining industry in China has been increasing at an annualized rate of 14.9% to $3.7 billion. Aluminum prices dropped sharply in the second half of 2008 and remained at relatively low levels during 2009 due to weak demand stemming from the...
Bauxite Resources and Shandong discovers bauxite reserves in Darling Range, Western Australia
Potential bauxite reserves have been discovered at Darling Range tenements, Western Australia by Bauxite Resources and China’s Shandong. The new discovery made in the northern Darling Range and Wandering - Pingelly region is named "Dionysus" bauxite project . The Indonesian Government has put its...
Chinese firms cautious about building alumina refineries in Indonesia
Despite the Indonesian bauxite ban, Chinese firms are more careful about building alumina refineries in Indonesia, officials at one of the refineries in China said. One firm had cancelled its plans entirely. Bosai Minerals has withdrawn their plans to build a two million-tonne-a-year complex in...
Aluminium industry feels slow impact of bauxite ban in Indonesia
The delayed and more critical impact of mineral export ban in Indonesia is slowly being felt in the aluminium industry. London aluminium futures hardly gained up 0.6% over the same 3-day trading period and the benchmark contract in Shanghai also came down by 0.6%. While Indonesia relaxed some of...
Indonesian mineral export law a threat to China's aluminium production
China's stranglehold on the global aluminium industry could be weakened by changes to export laws in Indonesia, according to American giant Alcoa. Indonesia on Sunday enforced a long-awaited mineral export law that effectively bans unprocessed ores from leaving Indonesian shores. The policy is...
