Saudi Arabian Mining Co. (Maaden) has secured USD 1 billion in inaugural international syndicated credit facilities, with strong demand from global lenders highlighting confidence in the company's expansion strategy and Saudi Arabia's broader mining ambitions. Maaden has secured USD 1 billion in...
Vedanta Aluminium veteran Rajiv Kumar has been appointed Chief Operating Officer (COO) of Jindal Steel after completing a successful stint as Chief Executive Officer of Vedanta Aluminium. Kumar, who brings more than three decades of experience in the metals and mining industry, will now oversee the...
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The World Bank identified aluminium as the 'high-impact, cross-cutting metal'. As a result, today's world intensely competes over securing bauxite ore, the raw material used to produce aluminium. "I read... that every clay bank was a mine of aluminium and that the metal was as costly as silver. I...
As a global mineral and agricultural equipment manufacturer, McLanahan's recent collaboration with a leading mining company has become a key driver behind the expansion of a bauxite project in Queensland. This collaboration has been instrumental in enhancing production performance at a major mining...
This week, the upstream aluminium industry has seen the release of several significant reports that have the potential to reshape market dynamics and improve operations across all sectors, including bauxite, alumina, and primary aluminium. For instance, Boddington bauxite mine life to be extended,...
A shipment of Chinese diesel locomotives was spotted at the Zhanghuabang cargo terminal in Shanghai Port on December 10, 2024, ready for dispatch to Conakry, the capital of Guinea. This batch of ten locomotives is specifically designed to handle heavy loads and accommodate various track types,...
Nik Nazmi bin Nik Ahmad, the Minister of Natural Resources and Environmental Sustainability of Malaysia, clarified during the Minister's 'Question Time' in the ‘Lower House of Parliament, Malaysia, on December 12, 2024, that bauxite mining activities in Bukit Goh, Kuantan, Pahang, have not secured...
The West African nation Guinea, one of the leading bauxite producers and the world's top bauxite exporter, intends to channel a portion of the revenue generated from mining the world’s largest iron ore reserve into a sovereign wealth fund. According to Planning and International Cooperation...
Victor Tan is the CEO of TOP International Holding. As CEO, he leads the company’s strategic direction and drives growth for the company. Founded in 2014, TOP has grown exponentially over the years. Under his leadership, TOP became Malaysia’s biggest bauxite exporter in 2015 and pioneered anchorage...
Representing National Democratic Congress (Ghana), Presidential candidate John Dramani Mahama has reportedly assured the residents in Nyinahin, a district in the Ashanti Region, that he would prioritise bauxite mining if elected in the December 7 elections. While addressing the crowd, Mahama...
In a groundbreaking move that promises to transform the socio-economic fabric of Odisha’s tribal heartland, the Indian multinational mining and metal house Vedanta is set to commence operations at the Sijimali bauxite block, spanning the Kalahandi and Rayagada districts. This initiative, positioned...
On Monday, November 4, Chinalco and the Republic of Guinea-Bissau signed a framework agreement for cooperation on mineral resources at Guinea-Bissau's Ministry of Natural Resources. The signing ceremony was attended by Yang Renhuo, China's Ambassador to Guinea-Bissau. Guinea-Bissau is a tropical...
The Gumla district administration of Jharkhand, India, has taken swift action, culminating in filing an FIR against the offending mining company on November 28, 2024, reflecting a firm stance against illegal mining practices. The operation was led by the Gumla Divisional Forest Officer (DFO), which...
In a strategic move to solidify its position in the global mining sector, PT Aneka Tambang (Antam), a member of PT Mineral Industri Indonesia (Persero) or MIND ID, a government-owned holding company, has earmarked a significant capital expenditure (Capex) of $723 million (Rp11.46 trillion) over the...
In a decisive statement on November 27, 2024, the Odisha state government categorically dismissed allegations that it plans to permit bauxite mining in the ecologically sensitive Gandhamardan Hills, spanning Bolangir and Baragarh districts. As published on the website of DrugControl Media Services...
A conference titled 'Odisha Metals & Mining Conference' hosted by ASSOCHAM on Thursday, November 21, in Bhubaneswar, Odisha, was aimed to encourage all stakeholders to explore the potential of the metals & mining sector for Sustainable & Inclusive Growth. Involving all the major stakeholders of...
Aluminium Corporation of China Limited, popularly known as Chinalco, a state-owned multinational company, is likely to invest around $426 million in bauxite mining in Suriname, said the chairman of a Surinamese presidential mining commission on Monday, November 25. If this investment is approved by...
Akatswiri Mineral Resources is optimistic about its $820 million aluminium production project, which can potentially transform Malawi's industrial landscape. The company has completed a feasibility study for mining bauxite deposits in the Mulanje Mountain region. It plans to refine the ore into...
The ASX listed diversified infrastructure services company born out of Australia's greatest engineering challenge, the Snowy Mountains Hydro-electric Scheme, in 1961, SRG Global has secured significant contracts worth A$700 million ($455.35 million) with some of Australia's leading mining...
Mining giants saw a strong start to the week, the 47th week of the year 2024, buoyed by China's decision to eliminate the 13 per cent tax rebate on aluminium and copper semi-finished products exports. The policy change, announced on November 15, 2024, triggered a surge of over 7 per cent in London...
