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
Following years of planning and investment, Metalcorp Group S.A., a global service provider for acquiring, producing, mining, and selling metals and minerals, announced the first commercial shipment of 160,000 tonnes of bauxite in Guinea. This was carried out under the chairmanship of Mr Karamoko...
On February 16, 2023, the Prime Minister of Guinea, Dr Bernard Goumou, was precisely in Koumbia to launch a significant bauxite project. On this other trip to the Boké region, Dr Bernard Goumou was accompanied by Moussa Magassouba, the Minister of Mines and Geology. The Prime Minister and mining...
Introduction Guinea, a small West African nation with around 14 million population is endowed with 40 billion tonnes of low silica-medium alumina metallurgical grade bauxite resources. Most of the deposits are located within 100 to 150 km of coastline and well-developed river ports. At present...
According to the data from the National Institute of Statistics (INS), based in Conakry, it has revealed that Guinea's export at the end of October 2022 recorded a rise of 29.5 per cent compared to September 2022. The INS highlighted in its note on the evolution of foreign trade that the country's...
According to China customs data, the country imported 11.79 million tonnes of bauxite in November 2022, which recorded a month-on-month hike of 31.29 per cent from 8.98 million tonnes and a year-on-year surge of 53 per cent. From January to November 2022, China’s total bauxite imports amounted to...
China’s bauxite imports in October 2022 amounted to 8.98 million tonnes, reflecting a month-on-month rise of 9.27 per cent but a year-on-year downfall of 5.87 per cent, found the General Administration of Customs. Guinea, being the top exporter, provided 4.41 million tonnes, up both M-o-M and Y-o-Y...
The eleventh month of 2022 witnessed eventful happenings in the global aluminium industry, which is different in context from the tradition before the end of the year. In October 2022, the world's oldest and largest market for industrial metals exchange floated a discussion paper on the topic,...
On November 27, 2022, the Guinean mining company, Compagnie des bauxites de Guinée (CBG), officially launched a ceremony for the upkeep, maintenance and securing of old sites rehabilitated with native species for rational or sustainable management. The CBG laboratory meeting room served as a...
On November 5, 2022, as part of its first 2022 edition, Mines Awards Guinea organized in Conakry at the national capital, a ceremony to reward the best companies and leaders operating in the Guinean mining sector, as well as the localities exploited for the excellent use of taxes paid to them. This...
The soaring energy prices in Europe have caused a severe impact on aluminium production and shifted output to China. However, due to China’s increasingly depleted bauxite reserves, this repositioning has increased bauxite shipments, benefitting the West African nation, Guinea, the world’s largest...
As part of a fast-track EPC project in Guinea, TAKRAF will supply two conveyors to Compagnie des Bauxites de Guinée (CBG). In Phase 2 expansion, this conveyor system package was brought forward, and TAKRAF's award follows the successful execution of an EPC contract for Phase 1 of that project at...
General Administration of Customs showed China’s bauxite imports continued to total above 10 million tonnes in August 2022. As per the data revealed, the country imported 10.75 million tonnes of the ore, which reflected an increase of 1.48 per cent month-on-month and 23.53 per cent over the year....
The Guinean government hosted mining operators at the Prime Minister's office at the initiative of Prime Minister Bernard Goumou, accompanied by the Minister of Mines and Geology Moussa Magassouba and senior executives from his office. This meeting aimed to re-establish trust between mining...
The curious part about the bauxite sector has always been what happens to a site when its mineral potential is lost. This week we had a chance to get answers to that question. Spread over 6 hectares of Hindalco’s Samri bauxite mine was transformed into a tea garden, bio-diversity park and grove....
The comprehensive natural gas-based fuels products and services company, West Africa LNG Group (WALNG), has secured an equity financing round for an LNG import terminal in Guinea with a US-based investor group. With the Guinean government's request for a competitively priced, environmentally...
Emirates Global Aluminium (EGA), the biggest premium aluminium producer in the world, has announced its best-ever half-year results, driven by strong operational performance across the value chain resulting in robust earnings. EGA has reported a net profit of AED 5.9 billion for H1 2022, which...
According to the China Customs data, the country’s bauxite imports in June 2022 stood at 9.42 million tonnes, down by 21.4 per cent month-on-month and 7.1 per cent year-on-year. Compared with May 2022, China’s bauxite imports in June fell by 2.56 million tonnes and failed to continue the monthly...
On July 13, Emirates Global Aluminium and Kawasaki Kisen Kaisha, Ltd. (K-Line Group) signed an agreement to collaborate on research and pilot projects to decarbonize bulk cargo shipping. The K-Line Group is one of the largest shipping groups in the world. To accommodate EGA's bulk cargo shipping...
