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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This week, notable developments have surfaced in the upstream aluminium sector, covering bauxite, alumina, and primary aluminium. To begin with, India has secured a significant global position as the second-largest aluminium producer. The rise in aluminium production indicates robust economic...
Canyon Resources Limited has formally signed a mining convention for the Minim-Martap Bauxite Project in Cameroon. This pivotal agreement grants Canyon's subsidiary, Camalco Cameroun SA, the right to mine and export bauxite contingent upon the issuing of a mining permit for the project area. The...
Saudi Arabia’s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a global leader in the industry. Saudi Arabia is rich in minerals essential for various global industries. The Kingdom is transitioning into a leading exporter of diverse energy types, moving...
Vedanta Limited, the Indian multinational mining and metal giant, has achieved a significant financial feat. The company successfully raised over USD 1 billion (INR 8,500 crore) through a Qualified Institutions Placement (QIP), as revealed in a recent stock exchange filing. The QIP, which involved...
The Planning Institute of Jamaica's 2023 Economic and Social Survey reveals that the local bauxite sector almost doubled its output last year, significantly contributing to an 86.8 per cent growth in the mining and quarrying industry compared to 2022. This recent edition of the survey, tabled in...
The Government of Ghana, through the Ministry of Lands and Natural Resources, has presented mining lease agreements for bauxite and lithium to Parliament for consideration. The Ministry submitted a lease agreement with Ashanti Bauxite Limited Company to mine bauxite in the Nyinahini Block 2 Area in...
The Jamaican Minister of State for the Ministry of Agriculture, Fisheries, and Mining, Hon. Frank Witter, has emphasised the critical role of the Jamaica Bauxite Institute (JBI) in the research and governance of bauxite residue management. At the opening ceremony of the JBI International Workshop...
During this week's Noosa Mining Investment Conference in Queensland, the Australian mining and exploration company Metro Mining will showcase the ongoing acceleration of operations at its Bauxite Hills Mine, situated north of Weipa. Commencing mining activities at the expansive 1,900 km 2 project...
ABx Group will showcase its rare earth and fluorine waste recycling advancements at the upcoming Noosa Mining Investor Conference in Queensland. The conference, which begins on July 17th, will feature ABx Group's presentation at 4 pm AEST. Dr Mark Cooksey, CEO of ABx, emphasised the company's focus...
Funds management giant Regal is actively seeking investors for a substantial $20 million capital-raising effort to acquire a royalty over a bauxite operation in Northern Queensland, according to sources close to the deal. Regal Funds Management, established in 2004, is one of Australia's most...
This week, notable developments have surfaced in the upstream aluminium sector, covering bauxite, alumina, and primary aluminium. Capesize rates have surged above $30,000 per day, driven notably by unprecedented bauxite shipments from West Africa to China. The sector has seen substantial growth in...
Metro Mining Limited has announced a new shipment record for the second quarter of the calendar year, reaching 1.42 million WMT (wet metric tonnes). This represents a 12 per cent increase compared to Q2 2023. Year to date, the total shipments stand at 1.50 million WMT. Additionally, Q2 2024 has...
Indonesia, with its rich deposits of critical minerals, stands poised at the forefront of the global supply chain, particularly in the burgeoning electric vehicle (EV) market. The 2024 US Geological Survey report underscores Indonesia's dominance, placing it first worldwide in nickel reserves,...
CSI Mining Services, a Mineral Resources Limited (MinRes) subsidiary, has initiated the transport of bauxite ore for Rio Tinto's Weipa operations in northern Queensland. Recognised as a leader in pit-to-ship solutions, CSI Mining Services specialises in innovative crushing, screening, and...
Alcoa Corporation has appointed Elsabe Muller as Vice President Operations – Australia and President Alcoa Australia, effective October 2024. Based in Perth, Elsabe will be responsible for the Company’s bauxite mining and rehabilitation, alumina refining and aluminium smelting activities in Western...
In a collective decision, the Parliament of Ghana has approved a mining lease for the Ghana Bauxite Company, granting it the rights to mine bauxite in Awaso, located within the Bibiani Anhwiaso Bekwai Municipality of the Western North Region. This decision came after a comprehensive report was...
The upstream aluminium sector, encompassing bauxite, alumina, and primary aluminium) recorded some significant milestones this week in terms of production, trading, inventories, and market developments. Some of the key highlights of the week are: China’s 2-year high production, world’s primary...
South32 proudly announces the Soil Shift open innovation challenge in collaboration with Unearthed! The globally diversified mining and metals company headquartered in Perth, Western Australia, South32's mission is to discover innovative methods for delivering high-quality soils while...
