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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<p>Guinea is readying to step up its bauxite mining operations over the next three years, a leading industry journal reported, citing Guinea Mines Minister Abdoulaye Magassouba. The country, Magassouba said, plans to increase its bauxite production in order to meet the rising ore demand from...
<p>Rusal operated Friguia alumina refinery in Guinea is readying to come online in first half of 2018. The reconstruction work at the site is progressing as planned, informed Rusal’s Guinea branch general manager Pavel Vassiliev.</p> <p style="text-align: center;"><img style="vertical-align:...
<p>The week gone by was more or less flat for the global bauxite industry. The newsmakers are mainly from the West African and the Chinese regions. Jamaica, Fiji and Guinea are working on their bauxite industry potentials, trying to develop the industry through various investment and...
<p>Guinea cannot afford to thrive on bauxite exports over the long term and keep overlooking developmental issues of its domestic aluminium industry. Doing that would not only make the economy vulnerable in the hands of global commodity price volatility uncontrollable on its part but would also...
<p>The Iran-Guinea bauxite project is finally back on track. The final feasibility report on bauxite mining near Guinea’s capital city Conarky was approved by government officials from both the countries on Tuesday, May 9.</p> <p>Mehdi Karbasian, Chairman of Iranian Mines and Mining...
<p>Bauxite production in the Republic of Guinea has been badly affected by the social unrest whereby the rioting residents are seeking solution to the rising pollution level and frequent power cuts allegedly caused due to excessive bauxite mining. The riot has jeopardized the outflow of the ore...
<p>China's bauxite imports in March 2017 increased marginally. The country purchased 5.06 million tonnes of aluminium ore from the global market, a quantity higher by 0.11 per cent from that purchased in March 2016. Total bauxite imports during the first three months of the current year totalled...
<p>The 3rd Global Bauxite Conference 2017 which is poised to open its doors in Jakarta, Indonesia from June 14-15 will be one of the biggest mineral industry events this year. The global congregation platform will enable industry players, including miners, traders, smelters, investors, government...
<p>UAE-based Emirates Global Aluminium (EGA) today said in a statement that the company opened its first office in Shanghai, China. The new office will “deepen commercial ties” by developing sales opportunities for bauxite from EGA’s under-construction bauxite mine in Guinea....
<p>Ireland, the main alumina refining hub in entire Europe, is a major bauxite importer. The country has been featuring as one of the world's top five bauxite importing countries since 2006. It ranks fourth in terms of bauxite import volume after China, USA, and Ukraine. Since 2015, annual bauxite...
<p>According to a recent report from Reuters, Guinea aims to increase bauxite production to 60 million tonnes by 2020. According to the mines minister of Guinea, the country is planning to invest aggressively to meet strong demand for bauxite from China. Guinea is posing as the next big source of...
<p>TAKRAF GmbH has won a contract from Compagnie des Bauxites de Guinée (CBG) for the turnkey supply and installation of a bauxite handling plant in Guinea, West Africa.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Emirates Global Aluminium (EGA), one of the largest aluminium producers in the world, announced on Tuesday 28 February, its 2016 net profit reports indicating a hike of 10 per cent with 2.1 billion dirhams ($572 million) profit despite of low in the revenue.</p> <p><img style="vertical-align:...
<p>According to a report from Reuters, Guinea aims to increase bauxite production to 60 million tonnes by 2020. The country is planning to invest aggressively to meet strong demand for bauxite from China, the mines minister of Guinea said on Wednesday.</p> <p><img style="vertical-align: middle;...
<p>Guinea Alumina Corporation S.A. (GAC), a bauxite mining company, a subsidiary of Emirates Global Aluminium (EGA), yesterday announced that the company granted an engineering and program management consultancy contract worth $700 million to Fluor for its under-construction bauxite mine in the...
<p>Africa Finance Corporation (AFC) has announced that they would invest US$205m in Alufer Mining Limited for the development of Guinea-Conakry’s high grade bauxite reserves.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Emirates Global Aluminium (EGA), one of the world’s leading primary aluminium producers, announced on Thursday, February 2, that the company had completed preliminary work on bauxite mining project in Guinea. EGA already has spent US$1 billion in the development of a bauxite mine.<br /><br...
<p>Bulk commodity producers have been continuing to struggle during the last few years with low commodity prices and in efforts to cut costs. A number of facilities have closed down over last few years. However, with the LME prices showing signs of improvement and demand from China continuing to...
