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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Chalco about to report a ‘dramatic’ 2012 year-end loss
The Aluminium Corporation of China (aka Chalco) is preparing the industry for very bad news in the shape of a 'dramatic' loss for 2012. The Chinese aluminium giant is not having a good time of it, thanks largely to depressed aluminium prices, quality issues surrounding domestic bauxite and lower...
Bauxite companies in Guyana bullish on production growth
Bosai Minerals Group and Bauxite Company of Guyana Inc (BCGI)–a subsidiary of Russian bauxite company Rusal–have both projected increased output for this year but are guarded about what this will mean in financial terms. This was revealed at a review of the bauxite sector held at a forum yesterday...
Aluminium consumption set to rise through to 2020
Consumption of aluminium is set to rise between now and 2020, according to a recent market report. According to Roskill Information Services, global production of aluminium has grown by an average of 6.6% between 2002 and 2011 and by 18.4% in China. Consumption growth over the same period was 5.9%....
Chongqing Bosai Group to import bauxite from West Africa
Chongqing Nanchuan Area will import bauxite from West Africa. It is learned that since this year Ghana will produce 2,500 thousand tons of bauxite, all supply to Nanchuan Xianfeng Alumina Company which was owned by Bosai Group. This was the first time for Africa bauxite to delivery to China, also...
Union rural development minister disappoints Vedanta team in bauxite supply issue
Union rural development minister Jairam Ramesh categorically told a team of Vedanta Alumina Limited (VAL) officials on Sunday he is not the forest and environment minister and that he cannot do anything to help them mine Niyamgiri hills in Lanjigarh. The team, led by VAL chief operating officer...
China Lowered Tariff of Bauxite Export
China lowered tariff of bauxite export by fifteen percent. On January 1st, 2013, bauxite’s export tariff was reduced; meanwhile, mg, zinc and coke were also reduced. WTO pointed out Chinese tariff is not fair on January 30th 2013. It violated promise of joining WTO in 2001. In hence, China...
Over 500 labours staged demonstration demanding resumption of bauxite supply to Vedanta
A demonstration was staged at Rayagada in Orissa to demand an immediate resumption of bauxite supplies to Vedanta's alumina refinery at Lanjigarh to protect the livelihood of thousands of people. The demand was made after a peaceful protest Thursday by over 500 labours who staged a demonstration at...
S & B Industrial Minerals S.A. : Bauxite spin off to fully owned subsidiary
The Board of Directors of S&B Industrial Minerals S.A. (S&B) and Greek Helicon Bauxites, 100% subsidiary of S&B, approved in their meetings held on 18/12/2012 and 28/12/2012, respectively, the spin-off of S&B's bauxite sector and its contribution to HB. The spin-off is an internal rearrangement to...
Manchester/St Elizabeth eager for resumption of bauxite mining
Just under four years since the closure of bauxite/alumina plants Alpart in south eastern St Elizabeth and Kirkvine in central Manchester, economic gloom hangs heavy with unemployment on the rise and savings of ex-bauxite workers already spent or fast running out. There was a spark of hope late...
Vedanta unlikely to begin operations at Lanjigarh Refinery in near future
The country’s largest aluminium maker Vedanta Aluminium is unlikely to start operations at its Lanjigarh unit in the near future as it is yet to secure bauxite supply to run the plant. “It is very difficult to give a timeline. Unless we get secured source of supply of raw material, we will not be...
Vedanta Plans Layoffs at Odisha Refinery
India's largest aluminium maker, is considering layoffs within two months at its alumina refinery in Odisha as hopes of an immediate revival of the plant fade, the president of the company said. VAL, a unit of London-listed Vedanta Resources, has about 550 employees. It closed down the...
Shutdown in Visakhapatnam to protest bauxite mining
A shutdown was observed amid tension in the tribal areas of Visakhapatnam district Wednesday to demand that the Andhra Pradesh government should not allow bauxite mining. An all-party committee opposing the mining called for the shutdown to protest Chief Minister N. Kiran Kumar Reddy's visit to...
Nalco awaits Ministry nod to resume bauxite mining in Odisha
National Aluminium Ltd, the Bhubaneswar-based integrated PSU aluminium maker, is still awaiting a temporary approval from the Union Ministry of Forests and Environment (MoEF) for resumption of operations at its bauxite mine in Odisha. Operations at its Panchpatmali in Koraput district was stopped...
Chinese bauxite imports fall 30% compared to last year
China’s manufacturing expanded for the first time in 13 months in November according to a closely watched index of purchasing managers released yesterday, but troubles in the aluminum industry – the most widely used metal in transportation, packaging and the construction industry – paint a...
Vedanta to finally shut Lanjigarh alumina refinery
Vedanta Aluminium Ltd (VAL), a unit of London-based Vedanta Resources, will shut its one-million-tonne (mt) alumina refinery from tomorrow. The company had issued a three-month advance notice in September to close the refinery from Wednesday, as it had no bauxite stock to run the plant beyond the...
Vedanta to stick to December 5 deadline for closure of refinery
Vednata Aluminium Ltd (VAL), which had given a three-month advance notice to the Odisha government for closure of its Lanjigarh alumina refinery from December 5 citing unavailability of bauxite, may not relent on its decision as there is still no solution to the raw material problems. Though the...
Nalco yet to resume operations at Odisha mine
National Aluminium Ltd, the Bhubaneswar-based integrated PSU aluminium maker, is yet to resume operations at its bauxite mine at Panchpatmali in Koraput district of Odisha. Mine operations stopped on November 17 in the absence of mine lease renewal. A temporary work permit for a year also eluded...
FAC may decide on forest clearance for Nalco mine by next week
The Forest Advisory Committee (FAC), an expert panel of Union ministry of environment & forests (MoEF), is expected to take a call by next week on granting fresh forest clearance to the Panchpatmalli bauxite mines of National Aluminium Company (Nalco) to enable the company secure temporary work...
