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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China’s bauxite imports reaches 6.74 million mt in April
China Customs data show that China imported 6.74 million mt of bauxite in April, up 29.72% YoY. YTD imports through April hit 20.65 million mt, also up 14.62% YoY. Bauxite CIF prices in April were USD 51.21/mt, an increase of 18.74% from the same period last year. China’s imports of Indonesian...
Bauxite Resources' new chief executive officer takes the reins
Bauxite Resources new chief executive officer and executive director Peter Canterbury has commenced employment today. Canterbury joins Bauxite Resources from Sundance Resources, where he had been the chief financial officer for the past six years. He played a key role in rebuilding the company as...
China boxed in with foreign bauxite
Resource security has long been creating a bottleneck restricting the development of China's aluminum industry. According to figures from the China Nonferrous Metals Industry Association, China's bauxite ore imports were on the rise during the 11th Five-Year Plan period (2006-10). Imports reached...
Vipeak bauxite crusher adopts advanced hydraulic power system
Create their own advantage, the fight for market initiative, sand making production line, continuous improvement and innovation. Efficient processing of sand and gravel is a key step of the mechanism sand maker processing equipment last step to ensure the quality of the equipment of the mechanism...
Bauxite Resources Limited announces Buy-back
Perth based bauxite explorer and developer, Bauxite Resources Ltd advises that it is implementing an on-market share buyback for up to 10% of its issued capital over the period of 12 months. Based on BRL's closing share price on 10 May 2013 ($0.12) this would equate to a maximum of $2.8 million....
Bauxite Resources Limited March 2013 Quarterly Activities and Cash flow Reports
Bauxite Resources Limited continues to focus primarily on evaluating bauxite prospectivity in the Darling Range and exploration throughout the Company's extensive tenement holding. Currently BRL holds 22,500km2 in Exploration Licences in the Darling Range of south west Western Australia. The...
China bauxite imports fall 12% in March YoY
China's bauxite imports fell by 12% in March YoY from last year’s elevated levels to 4.6Mt, but were still higher than the average of 3Mt per month registered in Q4 12, stated London based Barclays in its recent market analysis. The sharp drop-off in mid- 2012 is due to Indonesia’s eased export...
Talks continue between Hururu villagers and Rusal
Tonight discussions continue between Hururu village Council and Rusal’s Bauxite Company of Guyana to reach an agreement on the use of 300 acres for a new bauxite crushing plant in the village. Reports are that blockages to land and river accessed were being removed. Today, a team from the...
China’s proven bauxite reserves hit 4.08 billion in 2012
According to data from the Ministry of Land and Resources, China’s proven bauxite reserves grew 210 million mt to 4.08 billion mt in 2012, rising for three years in a row and at CAGR of 4.75%. Proven bauxite reserves across China totaled 3.55 billion mt in 2009. Assuming 2 mt of bauxite per ton...
Locals want Vedanta’s alumina refinery in Lanjigarh reopened
On Tuesday, more than a thousand people gathered at the main gate of Vedanta’s Alumina Refinery and met the President and Chief Operating Officer, Mukesh Kumar, demanding re-opening of the plant, the company said. The plant has stopped work since December 5, owing to non-supply of bauxite. They...
China’s bauxite imports up 8.88% YoY in the first quarter
According to China Customs, China imported 4.56 million mt of bauxite during March, down 12.02 YoY. YTD imports through March hit 13.96 million mt, up 8.88% YoY. China’s imports of Indonesian bauxite fell 22.05% YoY to 3.38 million mt during March, and dropped 11.93% YoY to 9.17 million mt during...
Indian Governments adopting dual standards regarding bauxite mining issue
The Centre and State Governments are adopting dual standards regarding the bauxite mining issue.The illegal approvals given and the agreements made in the past should be cancelled, said the speakers at the two-day Adivasi Adhikar Rashtriya Manch conference, which began on Saturday. The meeting also...
Locals demand resumptions of operation of Vedanta plant
Demanding resumption of operations in Vedanta alumina refinery at Lanjigarh in Odisha’s Kalahandi district, a large number of locals today said livelihood of over 15,000 people was badly hit after the plant was shut down in December last year. A delegation of locals meet Kalahandi district...
Lucintel projects good growth in global bauxite mining industry through 2018
The global bauxite mining industry is forecasted to reach $10.6 billion by 2018. The industry is consolidated with the top 10 players dominating the market. Competitive rivalry is high with a low threat of entry from new players and high exit barriers in bauxite mining industry. Players use...
Indian Mining Industry Association requests export duty rollback
The Federation of Indian Mineral Industries has submitted a petition to the minister of Mines, Dinsha Patel, requesting him to withdraw and revise the export duty on bauxite. According to the petition, as a result of the export duty on bauxite, India has seen a 11% decline in exports. "The proposed...
China’s bauxite imports from Indonesia down 25% YoY in february
According to China Customs, China imported 2.78 million mt of bauxite from Indonesia during February, down 25.25% YoY, but imports of Australian bauxite increased 11.76% YoY to 904,700 mt. China imported 1.89 million mt of bauxite from Australia during the first two months of this year, a gain of...
Indian opposition party vows to oppose bauxite mining
The State Government seeking the Central Government to review bauxite mining in Visakha Agency was only to go ahead with the mining, but any attempt to start mining would lead to serious consequences, CPI(M) district secretary Ch. Narasinga Rao said at a press conference here on Saturday. While...
Shandong Nanshan Aluminum’s alumina business down nearly 9% YoY"
According to Shandong Nanshan Aluminum’s 2012 annual report, the company reported RMB 14.87 billion in operating revenues in 2012, up 11.57% YoY. However, its profits declined 28.72% YoY to RMB 985 million and net profits attributable to its parent company also dropped 32.39% YoY to RMB 691...
