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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Bauxite mining operations in the Guinean mining hub of Boke resumed this Monday, September 18, after public protests over electricity cuts had disrupted bauxite deliveries since Friday, mining companies and the concerned government officials confirmed. Deliveries from three sites of Societe Miniere...
According to a Reuter’s report, China has agreed to offer a loan of $20 billion over almost 20 years to Guinea. The loan will be provided in exchange of concessions on bauxite mined in the West African country, the mines minister confirmed. The loan will support projects like China Power Investment...
<p>Bauxite supplies from Malaysia to China grew at the highest rate in July 2017 though it dropped during the period from January to July. Other top bauxite exporting countries to China struggled to catch up with Malaysia’s export growth rate, revealed export-import data released by General...
<p>After having recovered from the widespread health impact of the Ebola epidemic Guinea is now on a stable growth trajectory. The country is expected to grow at 6.7 per cent rate (real growth) in 2017 piggybacking <a title="News"...
<p>As aluminium increasingly becomes the metal of choice for OEMs across industries bauxite mining stands to grow at a commendable per annum rate through 2021. According to the latest study by Persistence Market Research, the global bauxite market will grow significantly during 2016-2021.</p> <p...
<p>The mines minister of Guinea revealed that China’s Aluminium Corp of China (Chalco) has formed an intention to invest huge amount of money in bauxite project in Guinea. Chalco will spend $500 million for production of bauxite in the country from 2018, according to a report from...
<p>A Bloomberg report says Abu Dhabi Ports is discussing a possible deal in Africa to leverage on the continent’s growing trade with Asia, especially Middle East. Chief Executive Officer of the government-run terminal operator, Mohamed Juma Al Shamisi said this in a Bloomberg Television...
<p>Brazil, the South-American country with the third largest bauxite reserve in the world after Guinea and Australia, and the third largest bauxite producer after Australia and China, lost the competition to India and Guinea as one of the top bauxite exporters to China. Brazil stood fifth in terms...
<p>Dr. Ashok Nandi, the Convener for IBAAS Conference, recently told Mining Weekly that Guinea hosts largest bauxite deposits, and the fastest-developing bauxite mining and export centres, and hence, it was selected as the venue for IBAAS this year. He said that the registration...
<p style="text-align: left;">Guinea, the country with the highest bauxite reserves in the world amounting to 7.4 billion tonnes, is racing past many countries to become a key exporter of bauxite globally. It is ramping up its production fast to cater to the growing demand of bauxite in China. In...
<p>Rusal operated Friguia alumina refinery in Guinea got its agreement over tax incentives approved from the country’s National Assembly, reported an article published on the Economic and Commercial Counsellor's Office of the Embassy of the People’s Republic of China in the Republic of...
<p>Guinea and Indonesia, the two mineral-rich countries of Africa and Asia, could be eyeing possible bauxite tie-ups. According to a recent media report, delegates from the both the countries met last week to discuss a series of topics among which cooperation in bauxite mining sector remained a key...
<p>On Wednesday June 14, France's Alliance Miniere Responsable (AMR) signed a deal with a Franco-Asian consortium to exploit bauxite reserves in a western Guinean city that recently faced unrest caused by protests against mining firms.</p> <p style="text-align: center;"><img style="vertical-align:...
<p>Chinese power transformer and other equipment manufacturer TBEA has expressed intentions to exploit the bauxite mined and left behind by the global mining company BHB Billiton in Guinea.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
<p>Societe Miniere de Boke (SMB) will be able to export 35 million tonnes of bauxite from Guinea per year once the third phase infrastructure project is completed, MiningSink reported.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Bauxites de Guinée's (CBG), one of the largest producers of bauxite in the world, is planning to increase its annual production capacity of bauxite to 22.5 million tonnes in the future, reported by MiningSink.</p> <p><img style="vertical-align: middle; display: block; margin-left:...
<p>Australia emerged as a top newsmaker in the bauxite sector in the last week. Australian bauxite sector has seen major developments from business growth opportunity and a number of companies won contracts for the ongoing bauxite projects. Guinea was also one of the newsmakers from the week. Here...
<p>World bauxite export trade is growing. With demand for both crude and dried bauxite set on a steady growth trajectory and supply tightened due to various socio-economic reasons, the prices of the commodity are expected to remain stable or on a moderate uptrend in the medium-term. The market...
