Imported bauxite prices in China moved slightly higher last week amid improved activity in the spot market. No trend-level shift emerged on the supply-demand side. Although rainy-season disruptions and elevated freight rates continued to weigh on Guinea's export volumes, the country's weekly...
Recently, domestic alumina spot and futures prices have weakened in tandem, and market sentiment has become more cautious. According to Mysteel research, China's operating alumina capacity has reached 99 million tonnes per year, the highest level so far this year. New commissioning and technical...
Grow with
AL Circle
Lindian Resources Limited has officially signed a Memorandum of Understanding (MOU) with Compagnie des Bauxites de Guinée (CBG) to explore the possibility of supplying bauxite from its Gaoual project to augment CBG's annual bauxite production through a potential sales contract. The MOU outlines the...
Technip Energies, a renowned French engineering and technology firm, has successfully obtained a front-end engineering design contract to construct an alumina refinery in Guinea, West Africa. The nation is one of the leading producers of bauxite in the world. However, in this case, the contract was...
Emirates Global Aluminium expects aluminium prices to grow in line with the demand gains. It also projects its 2023 sales volume to remain steady even though the metal prices are on a downward trend. CEO Abdulnasser Bin Kalban said in an interview on Thursday, August 31, that EGA’s sales volume...
The Compagnie des Bauxites de Guinée, also known as CBG, has emerged as a global leader in the metallurgical bauxite sector, redefining the industry and the socio-economic fabric of local communities. With a commitment to excellence, CBG stands as a backbone in Guinea's metallurgical bauxite...
The bauxite mining subsidiary of Emirates Global Aluminium, Guinea Alumina Corporation (GAC) and Electricité de Guinée (EDG), the national electricity company, has recently entered into a non-binding memorandum of understanding (MoU). The primary objective of this MoU is to ensure a stable supply...
Chinese cape specialist Winning International Group, headquartered in Singapore, has secured a third ship deal in 2023. The Winning International Group is a multifaceted conglomerate with operations in mining development, ship management, shipping operations, maritime transhipment, and railway...
Rusal, the world's second-largest aluminium company by primary aluminium production, announced that on Thursday, June 15, it started the construction of a modern alumina facility in the Leningrad region. Rusal contemplates investing around 400 billion rubles in this project to construct four...
Guinea is indeed one of the world's largest producers and exporters of bauxite, which is the primary source of aluminium. Historically, Indonesia was a significant bauxite supplier, but it implemented an export ban on unprocessed bauxite to encourage the development of its domestic aluminium...
Guinea Alumina Corporation (GAC) and the Aluminium Corporation of China (Chalco) have signed a collaboration agreement to build an alumina refinery in the Republic of Guinea. This collaboration, which got underway in March with the signature of a memorandum of understanding, makes use of the...
The Australian-listed company with world-class bauxite and rare earth assets, Lindian Resources, has signed a supply agreement with a new cash-rich partner. The company has announced a new six-year arrangement with freight shipping firm C&D Logistics to provide 23 million wet metric tonnes of...
On April 20, 2023, a Chinese industry expert advised that China, the largest aluminium producer globally, needs to enhance local bauxite mining to reduce its growing dependency on imported resources. Meng Jie, a Deputy Secretary General of the aluminium branch at the China Nonferrous Metals...
Winning Logistics in Guinea awarded Konecranes an order for two Konecranes Gottwald Cranes on Barge in the first quarter of 2023. Winning will use ten Konecranes Gottwald Cranes on Barge to load ships with bauxite off the coast of West Africa after on-site commissioning in Q3 2024. Konecranes is a...
On March 29, 2023, a train accident occurred in the district of Tinguilinta in the sub-prefecture of Tanéné in Boké. According to our information, a CBG train loaded with Bauxite in the province from Sangaredi struck a machine in which a young employee of a security company was present. It has been...
Global bauxite production is estimated to reach 393 million tonnes in 2023, a growth trajectory expected to continue in the following years, according to AlCircle's latest industry-focused report, ' Global Aluminium Industry Outlook 2023 '. As a result, there will be a 2.6 per cent increase over...
Guinea Alumina Corporation SA (GAC), the bauxite mining subsidiary of Emirates Global Aluminium, has acquired Performance Standard V2 (2017) Certification from the Aluminium Stewardship Initiative. It represents the first Guinean entity to receive ASI Certification. As per the report, GAC has...
Guinea Bauxite Company, the miner of the world’s largest bauxite reserves, signed a supply contract with British Steel for steel railway sleepers. British Steel has announced that it has won its largest-ever order for rail sleepers with a significant export deal for West Africa. In accordance with...
Colonel Mamadi Doumbouya, leader of Guinea's military junta, has offered the mining minister another two weeks to meet with bauxite miners and discuss alumina refinery construction plans, according to a report by Bloomberg. On March 4, 2023, the government of Guinea emailed that the mining...
The global aluminium industry in February 2023 witnessed some important announcements. The Russia-Ukraine geopolitical crisis marked one year in February 2023, which resulted in the White House pushing the Russian economy with new sanctions. The United States imposed a 200 per cent tariff on...
