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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Australian Bauxite's CEO Ian Levy talks about the global aluminium market
Australian Bauxite's CEO Ian Levy spoke to Proactive Investors. Excerpts from the interview is given below: PROACTIVE INVESTORS Just touching on the global aluminium market, how is it currently faring in regards to supply and demand, and what are the drivers in potentially pushing the price higher...
Gujarat Government permits Orient Abrasives to sell 301,072 MT of bauxite
The Government of Gujarat on September 24, 2012 has given their approval to Orient Abrasives Ltd for domestic sale / export of 301,072 MT low grade raw bauxite subject to fulfillment of certain terms and conditions as mentioned in their letter. The Orient Abrasives Ltd stock was trading at Rs.9.05,...
Bauxite spill claim
A GROUP of villagers in Bua have raised concerns over depleted marine resources in their qoliqoli blaming bauxite as a contributing factor. The villagers of Naiviqiri District have taken their concern to the chiefs of Bua asking for their assistance in resolving the issue. District rep Salacieli...
Vedanta urges Government to restrict bauxite exports
Vedanta Aluminium has called on the government to restrict bauxite exports and allow more mines to ensure that India's domestic industry, including Vedanta's own alumina refinery, has sufficient supplies. The company's refinery in Odisha has been operating at 70 percent of its capacity of 1 million...
Lanjigarh refinery on the verge of closing down
Faced with acute shortage of bauxite to run its one-million-tonne alumina refinery at Lanjigarh in Odisha, Vedanta Aluminum Ltd (VAL), an arm of London-listed Vedanta Resources, may issue a notice to the state government on Monday or Tuesday to shut down the unit. The three-month notice would be...
Rusal could reopen Friguia in exchange for bauxite
United Co Rusal could restart the Friguia alumina refinery in Guinea if the government grants it further bauxite concessions, first deputy ceo Vladislav Soloviev told Metal Bulletin. “Among our working refineries, Friguia is the most expensive in terms of production costs. We incurred losses in the...
Ewarton announcement in two weeks
The country could hear more details about the future of the Ewarton bauxite plant in St. Catherine within the next two week. Workers and communities which benefit from the plant have been on edge ever since the energy minister announced that the owners of the plant indicated it would be temporarily...
Ashapura Minechem stock hits 52-week high on bauxite export commencement
Ashapura Minechem was locked in 5% upper circuit at Rs 32.75 after the company said it is likely to resume its bauxite exports from Jamnagar, Gujarat post the Supreme Court order. “The Government of Gujarat has given conditional permissions in favour of certain mine owners to resume Bauxite sales...
No plan to shut down Lanjigarh refinery: VAL
The Vedanta Aluminium Ltd (VAL) has no plans to shut down its one million tonne alumina refinery at Lanjigarh, which is currently facing acute shortage of raw material to run the plant. "We have no plans to shut down the refinery. We are running the refinery with depleted stock of bauxite. The...
Odisha's tribals to protest bauxite mining by Hindalco
About 15 kms from the idyllic hilly town of Semiliguda in South Odisha’s Koraput district, the stage is set for an encore of the Niyamgiri-type agitation, as the tribals gather at the foothills of Mali Parbat to protest against bauxite mining by Hindalco Industries Ltd in the area. Sharing the...
Gujarat Government gives bauxite export permission to Ashapura Minechem
In view of the ad-interim relief granted by the Hon. Supreme Court, the Government of Gujarat has given conditional permissions in favour of certain mine owners to resume Bauxite sales. Accordingly, Ashapura Minechem Ltd along with its subsidiaries is likely to resume its bauxite exports from...
China's Bauxite trade with Indonesia recovers again
Indonesia's bauxite exports to China, which came under fresh government restrictions in May, have begun to recover as Jakarta resumes exports to Chinese metal producers, state-owned Chinese metal consultancy Antaike said Thursday. The shifting trend suggests that Indonesia's efforts to develop a...
VAL employees appeal to save Lanjigarh plant
Hundreds of VAL employees demonstrated before the main gate of Vedanta Aluminium Limited (VAL) at Lanjigarh on Wednesday as their future appears to be in the dark. They appealed to Chief Minister Naveen Patnaik to save the industry from closure. On the one hand, the stiff opposition by the tribal...
Regulatory hurdles force alumina refiners to cut production
Regulatory hurdles and land acquisition problems are forcing alumina refiners to cut production, raising fears that India may have to rely more on exports for its aluminium requirement despite having huge reserves of the ore required for its production. At 3.3 billion tonne, India has the world's...
Bauxite demand is up but supply might be restricted
A report in India's Business Standard has hinted that while global demand for bauxite is likely to rise at an annual rate of 6.9% from 220Mt in 2011 to 750Mt by 2030, availability of the mineral from which alumina is derived, might be limited if exporting nations follow Indonesia's lead and slap on...
Bauxite venture case presented to Bridgetown-Greenbushes council
Bauxite Resources Ltd (BRL) chief executive Scott Donaldson presented his company's case for a local bauxite venture to the Bridgetown-Greenbushes Shire Council meeting last week. Mr Donaldson told council he was disturbed by scare-mongering and wished to debunk myths. He said his company only has...
Looming bauxite supply concerns aluminium makers
The global demand for bauxite, from which the aluminium smelter feedstock alumina is derived, is likely to rise at an annual rate of 6.9 per cent from 220 million tonnes (mt) in 2011 to 750 mt in 2030. The world is richly endowed with bauxite mineral, distributed across all continents. And, a good...
ENRC updates on alumina and aluminium division
Eurasian Natural Resources Corporation PLC announced the production of alumina and aluminium. In Q2 2012, bauxite extraction was 3.2% lower than in Q2 2011 and 4.1% higher than in Q1 2012. Alumina production decreased 8.1% versus Q2 2011 but increased 13.9% versus Q1 2012. The production problems...
