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 West African country, Guinea ranks as the world’s second-largest bauxite exporter, as said by Ibrahima Kassory Fofana, Prime Minister on 5 th July’20, during the occasion of the launch of the national convention of the People's Rally of Guinea. According to Kassory Fofana: In the last ten years...
According to a recent report, Lindian Resources has appointed Yves Occello as Non-Executive Director, with effect from July 29. Yves is joining Lindian Resources with total 45 years of experience in the bauxite and alumina industry. He previously served as Chief Operating Officer at Pechiney’s...
Guinea Alumina Corporation (GAC) on 27 th July’20 made public that its employees have completed 12 months without a lost-time accident. With a frequency rate of 0.61%, this performance positions GAC among the most successful mining companies in the world in terms of occupational health and safety....
Compagnie des Bauxites de Guinée (CBG), one of the leading producer and exporter of bauxite, on 16 th July publicised the launch of campaign reforestation of nearly 200 hectares at the Sangarédi mine. According to Aboubacar Traoré, Biodiversity Technician, in charge of rehabilitation and ecological...
According to a recent report, Lindian Resources has spotted a readily mineable maiden resource with high alumina grade for the Bouba Plateaux at its Gaoual Bauixte Project in Guinea. The resource, first estimated by Cube Consulting, was based on 874 metres of drilling from 131 shallow holes. The...
Guinea is nowadays one of the bauxite exporting countries in the world. More and more voices are being raised about mining by companies. The Collective for the Transition in Guinea (CTG), intends to initiate legal action against them very soon for more "clarifications". During a press conference...
The Compagnie des Bauxites de Guinée (CBG), one of the world leaders in the production and export of metallurgical bauxite, on 2 nd July’20, rolled another community communication campaign against Covid-19, along the corridor of its operations. The campaign covers the area extending from Kamsar to...
Precision sampling is vital to the success of the valuable bauxite industry in the West African country of Guinea, and Multotec Process Equipment’s high-precision sampling equipment is playing its role genuinely. In recent times Multotec has delivered two tariff sampling plants to a major bauxite...
According to the latest data from China Customs, China’s imports of bauxite decreased 3.9 per cent month-on-month to 9.54 million tonnes in May 2020. On a yearly basis, imports were up by 3.57% from the same month of 2019. Total imports stood at 47.9 million tonnes in January-May, showed Customs...
Aluminium Corporation of China Limited, popularly known as Chalco, has reported in a written statement that it is all set to send its shipment from a bauxite mine in Boffa, Guinea. A large ocean-going ship laden with high-quality bauxite from Boffa will soon arrive at the Fangchenggang port in the...
The International Monetary Fund (IMF) has endorsed $148 million in emergency credit to Guinea to strengthen its economy as the COVID-19 pandemic persistent to ransack the global economy. The fund would support to brace the economy after a hard-hit from the pandemic that is weakening the nation’s...
RUSAL opened a new multifunctional medical center for the treatment of infectious diseases in Guinea. The center, built within the Friguia bauxite-alumina complex, has an isolated infectious diseases department, a sanitary checkpoint for medical staff, an observatory, and an intensive care unit....
According to a recent report, Shandong Port Overseas, a unit of Shandong Port Group, has inked a Memorandum of Understanding with Rizhao Port to jointly develop international markets. As per the deal signed, Shandong Port Overseas will set up a joint venture with Rizhao Port - Shandong Port...
Guinea Alumina Corporation, a wholly owned subsidiary of Emirates Global Aluminium (EGA), provides humanitarian and economic support to local communities in Guinea in their fight against COVID-19, Emirates Global Aluminium said in its press release. The company provides medical equipment to the...
Ukraine decreased the import of aluminium ore and concentrate (bauxite) by 9% in January-May’20 compared to the same period in 2019, to 1.945 million tonnes. According to statistics released by the State Customs Service, bauxite imports in monetary terms decreased by 8.2%, to $85.069 million during...
According to a Reuters report, Aluminum Corp of China Ltd , also known as Chalco, has received a license for its 100,000-square-metre bonded bauxite warehouse in Guangxi region in southern China. The warehouse, which has a storage capacity of 1.02 million tonnes of bauxite, will store bauxite...
Bel Air Mining SAS, a member of the Alufer Mining Limited group, developer and producer of bauxite in the prefecture of Boffa, endures supporting local communities and local health centres as well as employees with material and technical support in prevention against the spread of the Covid-19...
Guinea Shipping Corporation (GSC) has announced the appointment of Bernt Meldgaard Christensen as the company’s new executive chairman. Christensen succeeds his brother Henrik, who founded the company in 2010 and passed away recently. Christensen said: “Henrik had the vision to build a shipping...
