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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According to a Reuters report, bauxite mining operations in the West African country of Guinea came back to normal after it was disrupted temporarily because of political protests. Protesters were demonstrating against a possible change in the constitution that may let President Alpha Conde...
According to the global export-import data, France’s bauxite import from Guinea is likely to rise this year after a drop in 2018. The data shows the estimated volume of import in 2019 may come in at 1.09 million tonnes, compared with 1 million tonnes in 2018. This means France’s bauxite import from...
According to a recent report, Aluminium Corporation of China, also known as Chalco, has postponed the launch of its Boffa bauxite project in Guinea until at least the first quarter of 2020. The news came after Chalco’s official declared it on Thursday, October 10. The construction of the project is...
African-focussed, Perth-based listed explorer, Lindian Resources, is looking at its newly acquired Gaoual bauxite project in the north-western corner of Guinea in West Africa, of which it owns 51%. Recent due diligence and field examinations show that bauxite deposit contains the high value, very...
Guinea has been facing a number of socio-political issues related to bauxite mining as the bauxite industry gets embroiled between the contradictory needs of economic development and environmental and land related concerns of the communities affected by bauxite mining. The west-African country has...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates, announced that its Al Taweelah alumina refinery produced 600,000 tonnes of alumina since operations started in April 2019. The plant’s average daily production was 88 per cent of Al Taweelah alumina refinery’s...
According to the latest data from China Customs, China’s imports of bauxite increased 14.56 per cent year-on-year to 9.04 million tonnes in August 2019. Imports dropped 6.41 per cent month-on-month as rainy season deterred shipments from Guinea. Imports of bauxite in the first eight months of 2019...
After the first annual Sustainability Report last year for 2014, Emirates Global Aluminium has published its second report on September 15, with details of EGA’s management approach and sustainability performance at its operations and projects in both the UAE and Guinea for 2018. EGA has reportedly...
According to the latest data from China Customs, China’s imports of bauxite increased 3.8 per cent month-on-month to 9.66 million tonnes in July 2019. China had imported 9.3 million tonnes of bauxite in June. Imports rose 32.7 per cent from 7.28 million tonnes in July 2018. {newsStudioGallery}...
Russia has been trying to rekindle Soviet-era relationships with governments across the African continent and build new ties. While China is dominating as an economic power in the African continent spreading its investment in the mining and infrastructure sector, Russia is building up its own role...
Guinea Alumina Corporation (GAC) announced on August 4 that its first ship loaded with metallurgical-grade bauxite sailed from transhipment location near the company’s port in Kamsar to world markets. This marks the first bauxite ore exports from GAC and the beginning of commercial production for...
The latest Customs data showed that China’s bauxite imports in the first six months of 2019 came in at 56.63 million tonnes, after expanding by 39.26 per cent from the same period last year. Greater domestic production of alumina and tighter supply of the ore could be the two reasons for this...
The global export-import data found that Ukraine is incessantly recording a rise in bauxite import over the past few years. In 2016, the country imported 2.4 million tonnes of bauxite, which in 2017 increased to 4.8 million tonnes, representing a 100 per cent growth. Further extending the rise,...
Lindian Resources Limited has reportedly received approval for raising a fund of up to $1.3 million from professional and sophisticated investors to be used to undertake the company’s inaugural drilling programme at the Gaoual Bauxite Project in Guinea. The $1.3 million includes $200,000 from...
Tenova TAKRAF, an integrated solutions provider to the global mining, bulk material handling and minerals processing sector says that a 48-hour performance test is successfully completed for bauxite-carrying trains in Kamsar, Guinea on July 1. Compagnie des Bauxites de Guinée (CBG) has started a a...
China’s Rizhao Port Group is reportedly chosen by Aluminium Corporation of China (Chalco) as the operator of the Boffa Port project in Guinea. The Boffa Port, part of the Boffa bauxite project, has a capacity of handling 12 million tonnes of bauxite per year. The port is expected to commence its...
Emirates Global Aluminium, popularly known as EGA, announced today, on June 24, that the first Capesize vessel fully-loaded with bauxite has arrived to call at any GCC port at its quay at Khalifa Port in Abu Dhabi for EGA’s new Al Taweelah alumina refinery. Using Capesize vessels for importing...
After recording a month-on-month rise in April 2019, China’s bauxite import in May declined 4.59 per cent from April to come in at 9.71 million tonnes, according to China Customs data. In April 2019, China’s bauxite import was at 9.77 million tonnes after rising 24.5 per cent from a month ago. On a...
