WEEKLY: Guinea shipments surge but freight costs keep China bauxite spot split, prices pinned in tight band
China's domestic ore prices held steady last week. In Shanxi, a limited volume of relatively lower-grade domestic ore was concluded under long-term contracts at approximately RMB 530 per tonne. In Henan, the expected increase in domestic ore output has yet to materialise, leaving the supply-demand...
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...
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Rusal 2011 Aluminum Output Up 1% At 4.123 Mln Tons
United Co. Rusal PLC (0486.HK), the world's biggest aluminum producer by output, said Monday that 2011 total aluminum production rose 1% to 4.123 million metric tons, supported by rising demand for the industrial metal in a global economic recovery. EuroNext- and Hong Kong-listed Rusal, which is...
Paulwell unaware of bauxite shutdown
THE GOVERNMENT has confirmed reports that bauxite mining firm, UC Rusal, has been taking some of its equipment out of the island and sending it to Guyana. However, Phillip Paulwell, the minister of science, technology, energy and mining, told the House of Representatives yesterday that the...
ENRC increased aluminium production by 9.8%
The extraction of bauxite equalled 5.495 million tonnes with a 3.5% increase and alumina production increased by 1.8% to 1.670 million tonnes. According to a report of the ENRC, in 2011 the company increased the production of aluminium by 9.8% to 249 thousand tonnes. The Eurasian Natural Resources...
Miner to play for Muleriders
BAUXITE – Bauxite Miners’ senior lineman Matt Steele signed with the Southern Arkansas University Muleriders out of Magnolia, Ark., on Wednesday morning in the Bauxite High School auditorium. “I think it’s awesome,” Bauxite Coach Shane Clancy said. “It’s something he’s talked about doing since the...
China 2011 Bauxite Import Hits Record High
According to the China Customs statistics, China imported 4.5796 million tons bauxite in December, up by 48.61% on YoY basis. The total bauxite import volume of China reaches 44.8 million tons in 2011, up by 49.73% compared with 2010, which sets a new record in history. China’s main bauxite...
Eurasian Natural Q4 Total Ferroalloys Production Down 10%
Eurasian Natural Resources Corporation Plc (ENRC.L: News ), in its fourth-quarter production report, said the Alumina and Aluminium, and Energy units in Kazakhstan operated at effective full available capacity for the quarter, while the Ferroalloys and Iron Ore Divisions operated at below full...
Government Committed to Revitalising the Bauxite/Alumina Industry - Paulwell
Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, says the government is committed to revitalising the local bauxite/alumina industry, which has been ailing for some time. “This sector is very important to us as a nation, not only for the revenue that it can bring, but in...
Aluminum Ore Mining in China
China is relatively poor in bauxite ore reserves and resources, with China's total bauxite ore exploration accounting for less than 10% of the global total. With China's rapid economic development and domestic bauxite supply shortages, the Aluminum Ore Mining industry has been importing large...
BOSAI says on target to complete dust collector system
The management of BOSAI Minerals Group (Guyana) Inc. (BMGGI) is optimistic that the company will complete at least one of two dust collectors to be installed on kilns 13 and 14 in the bauxite plant to significantly reduce the dust emitted into the Linden community and its environs. A team of...
Anrak in talks with Glencore to source bauxite ore
Anrak Aluminium Limited (AAL) which is in trouble due to moratorium imposed on clearances for bauxite mining in scheduled areas of Visakhapatnam, is reportedly planning to source bauxite ore through Glencore – world's leading commodity trader. AAL, floated by Penna Group and Ras Al Khaimah...
Prospective bauxite explorer signs LOI with buyer
Mining company First Bauxite Corporation has signed a Letter of Intent with an unidentified company which could see the miner supplying bauxite to that company when it starts producing around 2014. In a statement last week, First Bauxite announced that it has “signed a Letter of Intent (LOI) to...
Mining lobby mounts pressure for revocation of moratorium
The all-powerful mining lobby is upping the ante to lift the moratorium on allowing AP Mineral Development Corporation to dig bauxite ore and supply it to Jindal South West Aluminium Ltd and Anrak Aluminium Ltd. Sources told The Hindu that the mining lobby intensified efforts to revoke the...
First Bauxite Corporation Announces Signing Letter of Intent to Enter Into Its First Sintered Bauxite Supply Off-Take Agreement
First Bauxite Corporation CA:FBX -7.14% (frankfurt:FBI)(berlin:FBI) ("First Bauxite" or the "Company") is pleased to announce that it has signed a Letter of Intent ("LOI") to enter into its first Sintered Bauxite Supply Off-Take Agreement ("Off-Take Agreement") with a global refractory products...
Panel makes aerial survey of bauxite mining
Despite people's opposition and agency bandh, the high-powered committee of the Union ministry of environment and forests on bauxite mining conducted an aerial survey of Jerrela and surrounding areas on Wednesday. The district administration had tried to keep the committee's visit a secret by not...
Suriname ‘bauxite industry languishing’
Natural Resources Minister Jim Hok is sad about the bauxite industry’s languishing existence. ‘When this Administration came to office employment in the sector was dropping, the smelter had been closed, and in fact the bauxite industry is dying.’ Despite the dark prospects for Suralco, Hok...
Congress accuses Chhattisgarh govt of selling state's mineral wealth
Stating what it could be a startling revelation even for the members of treasury benches and ministers, a senior Congress member on Monday reportedly “exposed” the BJP-led Chhattisgarh government for allegedly selling state’s mineral wealth. Mohammed Akbar, a senior Congress legislator and former...
China Bauxite Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects, and Competitive Landscape
Reportlinker.com announces that a new market research report is available in its catalogue: China Bauxite Mining Market Overview and Forecast to 2020: Trends, Fiscal Regime, Major Projects, and Competitive Landscape...
Change in taxes to make Guinea bauxite unworkable
Up until this year, Guinea's well established bauxite industry had been on to a good thing, pumping out bauxite and alumina for the European market and planning major expansions. That picture has since changed dramatically. An overhaul of the Guinea mining code carried out with the input of...
