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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SMM China Al Imports Data Analysis June 2011
According to China Customs, China imported 3.49 million mt of bauxite during June, down over 1 million mt, or 22.45%, compared with May’s 4.50 million mt. All June imports were from Indonesia and Australia, with 2.75 million mt from Indonesia, down 21.04% from May, and 742 kt from Australia, also...
China’s Bauxite Imports Down 1 Million mt in June
According to China Customs, China’s imports of bauxite were 3.49 million mt during June, down over 1 million mt or 22.45% compared with May’s 4.50 million mt.
Chinese alumina Imports down, bauxite Imports up
China’s alumina imports plunged in June, as domestic production continued growing strongly whilst import prices kept rising.
Chinese alumina Imports down, bauxite Imports up
China’s alumina imports plunged in June, as domestic production continued growing strongly whilst import prices kept rising.
Henan province prospected native distribution of bauxite resources
Recently, the survey summary of Henan bauxite resource utilization status was passed the expert evaluation and gets a good grade. For the preparation of The Acceptance Review Regulations of National Resources Utilization Status Summary Survey and to make sure the feasibility of the summary surveys...
Goa NCP leader summoned in illegal mining case
The crime branch of Goa Police Monday issued fresh summons to a leader of the ruling Nationalist Congress Party (NCP) in connection with a multi-crore bauxite mining scandal, officials said. The summons follows a first information report (FIR) filed by the crime branch in May on the direction of a...
India mineral output slumps 14.5% in April
The Economic Times reports Indian mineral production declined 14.52 percent in April compared to the preceding month due to sharp drop in the output of coal, bauxite and copper, official data showed Monday. Coal production slumped 32.81 percent at 407 lakh tonnes and production of bauxite fell...
Export price for domestic ore
Two decades after economic reforms and the junking of industrial licensing circa 1991, a remote corner of India , Lanjigarh, off Niyamgiri hills in southern Orissa, produces about as much alumina now as was the total national output then of the high-value commodity . The one-million...
Mayor pushes for end to bauxite royalties
The Government is conducting an international tender for development rights for bauxite in Aurukun, in Cape York, after Chalco won the original tender but withdrew last year due to the global financial crisis. Chalco had suggested Bowen, in the state's north, would be the most suitable place for...
Rusal vets Fiji for alternative bauxite
Mr Oleg Deripaska's Rusal, the world's biggest aluminum producer, has given Rio Tinto food for thought on the future mix of bauxite supplies to their Queensland Alumina Limited JV at Gladstone in Queensland. Rusal has thrown up the potential for Fiji to become a new source of bauxite to cover its...
Dubal to mine Guinea bauxite with BHP
Bloomberg reported that Dubai Aluminum Company is seeking to mine bauxite in Guinea in partnership with BHP Billiton Limited as well as sourcing the raw material from Cameroon and India. Mr Sultan Al Sabri GM of marketing and sales said that “One of our projects is in Guinea together with BHP...
Bauxite Resources receives A$9m from Yankuang Group, boosts cash position to $50m
Bauxite Resources (ASX: BAU) has received a $9 million reimbursement from joint venture partner Yankuang Group Corporation in accordance with bauxite refinery and bauxite resource agreements signed in January this year. The payment to Bauxite Resources covers three separate reimbursable amounts due...
Nigeria, Guinea explore joint business pact
Nigeria and Guinea are exploring prospects for an agreement to promote a joint investment drive for the development of key sectors in their economies. At a meeting between Guinean president, Alpha Conde, and the managing director, Nigeria Export-Import Bank (NEXIM), Roberts Orya, discussions...
Red terror hits Lohardaga bauxite mines
Mining, dispatch and transportation of bauxite from Pakhar mines in the Naxalite-hit Kisko police station area of Lohardaga district have come to a grinding halt since Wednesday evening after a group of rebels torched six vehicles. “Mining and transportation activities have been put on a halt since...
Pipeline may need clean out
RIO Tinto Alcan's Yarwun refinery is preparing for the possibility that an important pipeline may require cleaning in the next fortnight. The refinery's general manager of operations Mike Dunstan contacted The Observer on Wednesday to inform the public about the situation. He said Rio Tinto Alcan...
Pipeline may need clean out
RIO Tinto Alcan's Yarwun refinery is preparing for the possibility that an important pipeline may require cleaning in the next fortnight. The refinery's general manager of operations Mike Dunstan contacted The Observer on Wednesday to inform the public about the situation. He said Rio Tinto Alcan...
Bauxite workers and sugar workers being treated equitably
Ms Lurlene Nestor, in a letter published in the May 20 edition of Kaieteur News (KN), asks, ‘What about the bauxite workers, Mr President?’ Let Prime Minister put straight the facts! This PPP/C Government has been treating bauxite workers and sugar workers equitably! Yes, the government recently...
Bauxilum Workers Peacefully Recover Access to their Company
Workers at the state-run bauxite and aluminium company Bauxilum in Ciudad Guayana, peacefully recovered the main access doors at the plant after it was violently and illegally closed by a right-wing union last Thursday. Bauxilum workers accompanied by other employees from Ferrominera del Orinoco,...
