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...
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The global aluminium sector has been in highlights again due to the Ukraine-Russia stand-off. In 2021 the aluminium industry countered Covid pandemic challenges following the coup in Guinea, the leading bauxite exporter in the world. This did not end soon, but new difficulties aroused like a surge...
The Government of Ireland, which is the cabinet exercising executive authority in-country, is pursuing its dialogue with the European Commission and other EU nations in regards to the future of the Aughinish Alumina refinery to safeguard any type of job losses at one of the biggest employer of...
The world’s largest producer of low-carbon aluminium, Rusal is redirecting bauxite consignments from Guinea to its Aughinish Alumina refinery in Ireland, while it was originally destined to Nikolaev alumina refinery in Ukraine, according to the revelation of shipping data. However, the cause of...
According to the recent data released by General Administration of Customs, China imported 8.73 million tonnes of bauxite in December 2021, which reflected a month-on-month increase of 13.32 per cent and a year-on-year hike of 16.4 per cent. From Australia, China imported 2.9 million tonnes of...
Rusal, a leading global Russian aluminium producer, announced its operating results for the fourth quarter of 2021 and for the 12 months ending December 31, 2021, revealing bauxite production in Q4 at 3.602 million tonnes, a decrease of 5 per cent from 3.792 million tonnes in Q3 2021. The decrease...
Bauxite is known as a rock made up of laterite soil and it is the primary raw material used in the production of alumina and aluminium metal. Generally, it is found in tropical regions, where intense decomposition aids in its generation. Bauxite is found in a thin layer, commonly 2–5 meters close...
The Prime Minister of Guinea, Mohamed Béavogui revealed the shocking information on the mining sector of the nation by saying, “If we trust the figures of the International Monetary Fund on Guinea, the last moments of Alpha Condé's management were catastrophic in the mining sector.” “During the...
The localities of Tamita and Lisso in the prefecture of Boffa, Guinea has witnessed that the communities are impacted by the exploitation of bauxite by the Chinese company Chalco, as it blockaded access from the port to the conveyor remain camped in their position. The inhabitants did not aspire to...
This week the bauxite industry was in the news for a limited number of incidents. To begin with, Guinea Alumina Corporation, a wholly-owned subsidiary of Emirates Global Aluminium (EGA), announced on December 6, 2021 that it had awarded a critical mining contract to a Guinean firm, GPC, as the...
The leader in global aluminium production and also one of the largest companies in the UAE, Emirates Global Aluminium has inked a three-year agreement with China’s Bosai Minerals Group for the supply of bauxite from the West African nation, Guinea. The agreement states that EGA will supply Bosai...
China's aluminium sector, the world's largest, is growing increasingly reliant on foreign supply of the ore needed to produce the metal, highlighting the country's long-term reliance on imported raw materials. Alumina, an intermediate substance created from bauxite ore, is used to make the...
On 6 th December 2021, Guinea Alumina Corporation, the wholly-owned subsidiary of Emirates Global Aluminium (EGA) publicized that it has awarded a crucial mining contract to a Guinean firm GPC, as the metallurgical-grade bauxite export company aspires to expand its contribution to the economy of...
State backed Chinese research house Antaike stated that, a hypothetical restriction on bauxite shipments from Indonesia as early as next year will have no impact on China's aluminium sector since there is ample alternative supply from Guinea. Indonesian President Joko Widodo said on Wednesday that...
The global aluminium industry observed several enticing events in the month of October 2021. The interim President of Guinea with the authorities has set up an Audit Committee that will be responsible for scrutinizing the financial misconduct of the Alpha Condé regime majorly of the bauxite mining...
The quarterly results and the first nine months performance are gradually getting released for the bauxite segment, which has kept the industry highlighted, following the Guinea political unrest. However, in Guinea, Rusal produced 1.694 million tonnes of bauxite in 3Q2021, which was down by 6.77...
Rusal, the world’s largest aluminium producer outside China, has announced its operating results for the third quarter of 2021, ended September 30. The company revealed that its bauxite production dropped 1.1 per cent Q-o-Q from 3.836 million tonnes to 3.792 million tonnes in 3Q2021. In total nine...
For a new bauxite mine and bauxite export facility at the Port of Kamsar in Guinea, WEC Projects designed and constructed a desalination and wastewater treatment plant. The two projects will generate potable, process, and fire water, as well as treat effluent from the port camp and activities....
This week, the bauxite industry started with the news that, Rio Tinto has reportedly renewed the partnership with the Université du Québec à Chicoutimi (UQAC) for the next three years, meaning the former will invest more than $2 million to continue research & development in bauxite and tailings...
