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 Marseille commercial court was due on 8 th December’20 to examine the two takeover bids submitted for the speciality alumina unit at Gardanne in Southern France. But one of the two bidders withdrew. The inter-union hopes to reduce the social impact of the remaining offer carried by United...
Abstract: Guinea with bauxite potential of about 40 billion tons is the largest aluminium ore exporter in the world today. During 2019, the country exported about 70 million tons of bauxite, which is likely to exceed 110 million tons by 2021. This may substantially change the present bauxite market...
Guinea Alumina Corporation (GAC), bauxite mining subsidiary of Emirates Global Aluminium (EGA), has built a field hospital for COVID-19 in a record time of only 30 days, in association with Tamouh Healthcare and Dubai-based manufacturer Weatherhaven. The Sheikh Mohamed bin Zayed Field Hospital has...
ASX-listed mineral exploration company, Lindian Resources, has begun the next significant phase of technical analysis at its Gaoual bauxite project in Guinea. The company has reportedly sent its geological crew to the project to conduct screening tests on Gaoual’s aluminium oxide ore. Through...
RUSAL, one of the leading aluminium producers in the world has been assigned with a unique IMO identification number (GNPMT-001) following the successful accomplishment of the international registration of its Taressa mining port in the Global Integrated Shipping Information System (GISIS) of the...
Guinea with bauxite potential of about 40 billion tonnes is the largest aluminium ore exporter in the world today. During 2019, the country exported about 70 million tonnes of bauxite, which is likely to exceed 110 million tonnes by 2021. This may substantially change the present bauxite market and...
Guinea, the West African nation is now the world's second-largest producer of bauxite, as per the latest World Bank ranking, Guinea is ahead of China and is now behind Australia. The bauxite production in Guinea increased from 59.6 million tonnes in 2018 to 70.2 million tonnes in 2019. According to...
Alteo alumina refinery, the producer of world-class speciality alumina is still in the run, as two houses are standing deadlock towards presenting their plan at the Marseille Commercial Court on November 17 to take over the plant. The refinery based in Gardanne in the Bouches-du-Rhône has been in...
Lindian Resources, the Australian Securities Exchange-listed West African Bauxite mining company has received “green signal” from the Ministry of Mines, Govt. of Guinea towards the conclusion of the acquisition of the massive, undeveloped Lelouma bauxite project in Guinea. The Perth-based mining...
Ukraine imported 4.03 million tonnes of aluminium ores and concentrate (bauxite) in the first ten months of 2020. That was an increase of 6.2% year-on-year, according to statistics released by the State Customs Service. Bauxite imports in monetary terms rose to $190.937 million January-October, a...
Julien Balkany, the Vice-Chairman of the Board of Directors at Sarmin Bauxite Limited, confirmed that it entered into a definitive investment agreement with Lindian Resources of Australia on September 23, 2020. The agreement represents the sale of 75 per cent of shares of Sarmin Bauxite to Lindian...
Rusal released its operating results for the third quarter of 2020 on October 27, 2020, revealing that its bauxite production decreased by 1.6 per cent quarter-on-quarter to amount to 3.829 million tonnes. In Q2, the company’s bauxite output was 3.89 million tonnes, increasing by 8.8 per cent...
The ASX-listed Australian company with a portfolio of high-grade bauxite assets on both the West and East coasts of Africa, Lindian Resources has announced that one of its non-executive directors has stepped down from his role. On 8 th October’20, Lindian Resources revealed that Matthew Bull will...
Mining stock Lindian Resources (LIN) has announced an update about its recently bought Lelouma Bauxite Project in Guinea. In late September, Lindian acquired a controlling stake in the bauxite project by signing an agreement to buy 75 per cent of its owner Sarmin Bauxite. The deal is, however,...
On 23 rd September’20, Lindian Resources announced that it has signed a binding agreement to acquire a 75% interest in Sarmin Bauxite Limited, a private company that holds the rights for the Lelouma Bauxite Project in Guinea. Lindian will get the opportunity to earn a 75% stake in the 847 million...
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, has come up with its third annual Sustainability Report, wherein it has all the details of the company’s 2019 environmental, social, and governance performance in the UAE as well the Republic of Guinea. The...
Emirates Global Aluminium, today, August 19, has marked a year since its first bauxite export from wholly-owned mining subsidiary Guinea Alumina Corporation. In last one year, EGA has exported over 6.1 million dry metric tonnes of bauxite ore to customers around the world, while maintaining a...
Fitch Solutions Country Risk and Industry Research says: “New projects coming on line in key producers Guinea, Indonesia and Australia, as well as a ramp-up in Indian and Indonesian production, will drive rapid production growth of bauxite in 2021.” The bauxite mining sector of Australia...
