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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After a year of cautious deployment and comprehensive promotion, the Loufan Mine of the Shanxi Branch of Chinalco completed the acceptance examination and was chosen as one of Taiyuan's third batch of municipal green mining projects. Between November 10th and 11th, 2023, a team comprising 23...
In the heart of the Simandou Mountains in southeastern Guinea, a monumental $20bn mining project is poised to reshape the world's metal and mining industry landscape. After a protracted 27-year journey marred by coups, legal battles, and strategic shifts, Rio Tinto, the UK-listed mining giant, is...
On December 18th, Aluminum Corporation of China (CHINALCO) disclosed its intention to collaboratively invest RMB 2 billion with its controlling shareholder, Chinalco Group, along with subsidiary entities such as China Copper and Chinalco Capital Holdings. The objective was to establish a new entity...
ICMM, or the International Council on Mining and Metals, has issued comprehensive guidance to empower mining and metals companies in the pursuit of impactful short, medium, and long-term targets for mitigating their Scope 3 emissions. This initiative emphasises the utmost significance of...
Recent events have occurred at the Conakry Kalum oil depot in Guinea, affecting the largest oil storage facility in the country. The government of Guinea has reported that 13 out of 18 warehouses in the oil storage area were destroyed, leading to potential fuel shortages in the future. It is...
As per the reports, the Western Australian government has agreed to allow Alcoa World Alumina and Chemicals (AWAC) to continue bauxite mining and downstream alumina refining in the state. The Western Australian government has declared that it would accept the newest five-year mining plan (also...
Runaya, a manufacturing startup, is committed to expanding its portfolio and venturing into the mine tailings treatment space to contribute to a sustainable future. As Naivedya Agarwal, co-founder and CEO, states, tailings are the by-products of mining activities that must be managed or disposed of...
The global mining group Rio Tinto has named Martina Merz and Sharon Thorne non-executive directors. Martina Merz is set to become a Board member on February 1, 2024, and will subsequently be a candidate for election at the company's annual general meetings in 2024. Similarly, Sharon Thorne is...
In December 2023, Dominic Barton, Chairman of Rio Tinto Group, reportedly visited China and met Duan Xiandong, Chairman of China Aluminum Group, in Kunming to discuss sustainability, plans to deepen strategic cooperation, and healthy development of global mining. Dong Jianxiong, Vice General...
Aluminium Stewardship Initiative (ASI) announced that Compagnie des Bauxites de Guinée (CBG) has been accredited with the Performance Standard V2 (2017) Provisional certification. CBG has received the certification for its activities in Boké Prefecture, Guinea, which include bauxite mining near...
Yemi Osinbajo, the former Vice President of Nigeria, the largest economy in Africa with a GDP of $477.38 billion, contends that by prioritising renewable energy resources, both Nigeria and the broader African continent could potentially slash energy expenses by 30 per cent and significantly...
As per the USGS statistics, the First Half of 2023 marked a total import value of 1.195 million tonnes of crude and dried bauxite to the USA, which dropped by 13.4 per cent or 185,000 tonnes from 1.38 million tonnes estimated in the First Half of 2022. On the other hand, the export of crude and...
In a recent announcement, Metro Mining Limited, a key player in the bauxite industry, proudly disclosed a noteworthy achievement in its operations despite facing a temporary setback due to Tropical Cyclone Jasper. As of December 13, 2023, the company has successfully produced and shipped 4.51...
TraxIQ, a groundbreaking initiative by Anglo American Plc, a British multinational mining company with headquarters in London, has recently been introduced, aiming to revolutionise conventional quarrying and mining haulage practices. The project is spearheaded by Luke Smith, who serves as the...
The Sunrise Dam gold mine in Western Australia, operated by AngloGold Ashanti, is creating a historic moment by conducting the inaugural trial of the Sandvik TH665B. This mining truck is noteworthy for being the world's largest battery-electric vehicle designed for underground mining. The...
On December 7, 2023, BHP, one of the world's largest diversified mining companies, announced a significant reorganisation of its top leadership, forming a team equipped with the "optimal blend of skills and expertise" to execute its strategy and advance its growth initiatives. The new Chief...
Yunnan Aluminium, the China-based company primarily engaged in bauxite mining and aluminium smelting, was honoured with the "ESG Golden Bull Award Top 50 Central Enterprises" and "Golden Information Disclosure Award." Yunnan Aluminium also received the "2022 Golden Letter Award" for its exceptional...
Altilium, a UK-based clean technology group, has recently earned over £700,000 (US$889,000) in UK government innovation funding for two collaborative research projects that aim to recover valuable materials from mine waste. The projects are in partnership with CPI and Camborne School of Mines (CSM)...
