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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Odisha govt urged to arrange bauxite for Vedanta Aluminium
Voicing concern over the fate of workers due to shutting down of the refinery of Vedanta Aluminium Ltd (VAL) in Kalahandi district, a senior BJP leader today asked the Odisha government to arrange bauxite from some source for the resumption of operation of the alumina plant. "Shut down of refinery...
Refinery closure to hit Vedanta's Jharsuguda aluminium smelter
A day after shutting down its bauxite refining unit at Lanjigarh temporarily citing unavailability of bauxite ore, Vedanta Aluminium Limited (VAL), has said it can hardly run its smelter facility at Jharsuguda for a month in the absence of enough alumina to run the plant. “Amid raw material supply...
Three bauxite shipments from Bua earned profits for Fiji
THE three bauxite shipments from Bua have brought back more than $8million within a span of four months following the first shipment in June. The fourth ship, currently being loaded at the qoliqoli of Navakasiga, will leave Fiji tomorrow and a fifth ship is already anchored in the same area. Mine...
Vedanta may shut down Lanjigarh refinery temporarily from Friday 12th Oct
Vedanta Aluminium Ltd (VAL), which had announced to close down its alumina refinery in Odisha from December 5 for want of bauxite, may go for a temporary shutdown of the facility in a day or two, much before the due date. With no immediate supply of bauxite in sight, the company said, it will be...
Vedanta Aluminium may raise $500 million to repay debt
Vedanta Aluminium, a unit of London-listed Vedanta Resources, plans to raise $500 million (about Rs 2,600 crore) to repay some of the group's debt as it prepares to buy government's stake in Balco and Hindustan ZincBSE 1.36 %, said two people familiar with the matter. The producer of metallurgical...
Bauxite mining to get sealed in Andhra Pradesh
Using his Constitutional powers, tribal affairs minister Kishore Chandra Deo has directed the Andhra Pradesh government to cancel bauxite mining leases to Andhra Pradesh Mining Development Corporation (APMDC) in the state's Aaraku valley to prevent reemergence of naxalism. The corporation has...
Rural Development Minister says no bauxite mining in Vizag agency area
Union Rural Development Minister Jairam Ramesh said bauxite mining would not be allowed at any cost in the Visakhapatnam agency area to protect the interests of tribals. He said this following reports that some private companies had shown interest in mining bauxite there. However, local villagers...
Shaw Recycling in Bauxite town shut down temporarily
Shaw Recycling in Bauxite was temporarily shut down by local authorities on Monday and owner Bobby Shaw was issued multiple citations for failing to maintain records of scrap metal sales. The incident is part of an effort to deter criminal activities with scrap metal theft, specifically theft of...
Workers urge local MP to save Vedanta refinery
After Vedanta Aluminium Limited’s Lanjigarh alumina plant closure notice to the State Government, the save-Vedanta movement seems to be escalating further with hundreds of local people working at the alumina refinery meeting Kalahandi MP Bhakta Charan Das on Saturday and pleading for saving the...
Vedanta Lanjigarh plant shutdown will affect 7,000 people
Vedanta Aluminium Limited, a subsidiary of the London Stock Exchange listed multi-billion dollar Vedanta Resources group, on Thursday told the Odisha government it wants to temporarily shut down its alumina refinery in the state due to lack of bauxite by December 5. “The decision is painful because...
Vedanta says alumina refinery closure won't hit aluminium output
Vedanta Aluminium's plan to shut its alumina refinery in eastern India will not hit its aluminium output because it aims to treble imports of the raw material, a company official said on Thursday. The company, part of billionaire Anil Agarwal's Vedanta Group, intends to implement a temporary...
Vedanta may close its Lanjigarh alumina refinery by Dec
Vedanta group may close its 1 MTPA alumina refinery in Odisha’s Lanjigarh by December first week as the company is facing severe shortage of bauxite, company sources said. “We are in the process of giving three month’s notice to the Department of Labour, Odisha, to close operations. It is a...
Vedanta group shares down on 5th Sept
Shares in Vedanta group firms - Sterlite Industries, Sesa Goa, and Cairn India - traded lower Wednesday on news that Vedanta Aluminium (VAL) will shut down the 3 million-tonne-per-annum alumina refinery in Lanjigarh. Vedanta Aluminium is likely to send a notice to the Orissa government for shutting...
Ewarton bauxite plant to remain open
The Jamaican government has disclosed a number of agreements it has secured to ensure the continued operation of the Ewarton bauxite plant in St. Catherine. It was earlier announced that the company’s 600 employees would be sent home starting this month as its parent company UC Rusal continues to...
Vedanta set to source bauxite from GMDC
Opening of tender by state owned Gujarat Mineral Development Corporation (GMDC) for sale of 92,174 tonnes of bauxite has injected hope to Vedanta’s alumina refinery at Lanjigarh in Kalahandi district that is staring at possible shutdown on bauxite crunch. “We will participate in the bid of GMDC for...
FICCI urges Indian Govt to ban bauxite exports
Trade body Federation of Indian Chambers of Commerce and Industry (Ficci) has urged the Union ministry of commerce and industry to ban bauxite exports fearing closure of alumina refineries for shortage of the key raw material required to produce alumina. “India has a large and developed aluminum...
2nd Asian Bauxite and Alumina Conference to be held in Singapore
Metal Bulletin and Industrial Minerals Events' upcoming 2nd Asian Bauxite and Alumina Conference is to be held from 30 October 2012 - 31 October 2012 in Singapore This is the premier event of its kind and will provide current, cutting-edge presentations to examine the challenges and opportunities...
Mineral rich Guinea secures $2.1 billion debt relief from IMF, World Bank
Guinea secured $2.1 billion in debt relief from the World Bank and the IMF Heavily Indebted Poor Countries (HIPC) initiative, paving the way for accelerated development of the minerals-rich West African state, officials said. The debt relief comes as a vote of international confidence in Guinea's...
