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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Limited amount of workers for bauxite mine
Only 10-15 overseas workers will be allowed to work at the bauxite mine in Bua. Human Resources Manager of Aurum Exploration Fiji Limited Basilio Vanuaca said if only there are specialized jobs that locals cannot do then they will look to hire more Chinese workers. Vanuaca said if these specialists...
Bauxite union to attend meeting with Ministry of Labour today
The Guyana Bauxite & General Workers’ Union (GB&GWU) says it has accepted an invitation from the Ministry of Labour to attend a meeting today at which the union expects to address matters of import. The GB&GWU has indicated that its concerns at this meeting will be “upholding the sovereignty of...
Future of Gove mine in the balance
TALKS over the future of a massive Territory mine are going down to the wire. Rio Tinto's lease over the bauxite and alumina operation on the Gove Peninsula expires on May 29. But the Northern Land Council and Alcan have yet to reach an agreement. Both parties have agreed not to talk to the NT News...
Chinese mining company makes presentations at Guinea's Mines Expo
The International Mineral Investment of the China Power Investment company (CPIIM) on Wednesday presented its mining capabilities at the Guinean Mining Exhibition opened this week. The mother company CPI valued at 67.3 billion U.S. dollars has an annual turnover of 19.3 billion dollars with six of...
First <em>Bauxite</em> Corporation Retains Rothschild as Financial Advisor <b>...</b>
... FIRST BAUXITE CORP. (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI) (
China's aluminium development faces serious challenges in 2011
...(China Aluminium Network) China’s alumina output grew obviously on large imports of bauxite imports in 2010.Primary alumiinum output created record high on strong demand. Physical consumption of China’s primary aluminium reached 16 million tons or so...
China's aluminium development faces serious challenges in 2011
...(China Aluminium Network) China’s alumina output grew obviously on large imports of bauxite imports in 2010.Primary alumiinum output created record high on strong demand. Physical consumption of China’s primary aluminium reached 16 million tons or so...
Steel Guru : <em>Bauxite</em> Resources exploration and refinery JV <b>...</b>
... Hydro seeks new bauxite and alumina pricing model. 0blt1. Rio Tinto Alcan starts exploration of bauxite mining project in Madagascar ...
NALCO transfers R&D Process know how for Gujarat Plant
...Aluminium giant NALCO today signed an agreement with Earth Refining Company (P) Ltd for transfer of knowhow for preparation of alumina tri-hydrate from bauxite by calcining with sodium carbonate and limestone, an innovative process for extraction of alumina...
Vale Completes $5.27 Billion Alumina, Bauxite Sale to Hydro
...Vale acquired 22 percent, or $3.5 billion, of Hydro’s outstanding shares, and received $503 million in cash for the assets, Vale said in a statement today. Vale also transferred “off-take rights and outstanding commercial contracts” and net debt of $655 million to Hydro, according to the...
Vale Completes $5.27 Billion Alumina, Bauxite Sale to Hydro
...Vale acquired 22 percent, or $3.5 billion, of Hydro’s outstanding shares, and received $503 million in cash for the assets, Vale said in a statement today. Vale also transferred “off-take rights and outstanding commercial contracts” and net debt of $655 million to Hydro, according to the...
No anxiety about China's stockpiling of bauxite
...Director General of the Planning Institute of Jamaica (PIOJ), Dr. Gladstone Hutchinson, says Jamaica is not expected to be negatively impacted by the reported stockpiling of bauxite, alumina and other raw materials by China...
Bauxite officials face IRS action
...Just as Bauxite officials begin scrambling for information concerning the Internal Revenue Service’s seizure of nearly three-fourths of the general fund bank account on Friday, Mayor Johnny McMahan informed the public at Monday’s City Council meeting that another IRS seizure from 2008 was...
Serious money issues plaguing Bauxite
...Bauxite is apparently experiences major financial problems according to the mayor. Mayor Johnny McMahan says the setback stems from an IRS audit. Last Friday the IRS garnished more than $13,000 from the city's bank Account...
China, Guinea Sign 170 Million Yuan of Agreements, Yang Says
... Guinea and China signed two cooperation agreements worth 170 million yuan ($26 million), .... Chinese company to build a bauxite operation in the country. Guinea holds as much as half of the world’s reserves of bauxite, a raw material used in aluminum production. ....
More bauxite sites identified
... More bauxite rich sites have been identified in Bua. That is the revelation from the Acting Permanent Secretary at the Lands and Mineral Resources Ministry ....
NWU wants former bauxite workers to get levy money
...The National Workers Union (NWU) is making an appeal to the government for funds in the bauxite levy to be made available for former workers in the industry. ..
First Bauxite Corporation Reports Mineral Resource Estimate for Bonasika 7 Deposit, Waratilla-Cartwright PL, Guyana
... the company is pleased to announce that the deposit, now named Bonasika 7, hosts a NI 43-101 compliant unwashed bauxite Indicated mineral resource estimate of 5.9 million tonnes at a grade of 57.7% Al2O3, 8.4% SiO2, 2.5% TiO2, 0.9% Fe2O3 and 29.5% LOI. ....
