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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AL Circle had the pleasure of talking to Michael Ansah, the Chief Executive Officer (CEO) of Ghana Integrated Aluminium Development Corporation (GIADEC). GIADEC is a wholly owned Government of Ghana entity that has been established with a mandate to promote and develop Ghana’s Integrated Aluminium...
On September 18, 2023, Ashapura Minechem announced that the company had secured considerable supply orders for bauxite and iron ore to Chinese companies. Ashapura Minechem is a company that operates within the industrial mineral sector, focusing on exploring and refining minerals like bauxite,...
Mytilineos Energy & Metals announced the signing of a deal with Imerys, a French firm, to acquire 100 per cent of the shares of Imerys Bauxites Greece Single Member Societe Anonyme for € 10 million euros. The deal pertains to all bauxite mining operations in the Fokida region, which will henceforth...
The aluminium industry is energy-intensive, which results in a considerable amount of carbon emissions along the production value chain. Sustainable practices can help reduce its carbon footprint and contribute to global efforts that address climate change. The fundamental programme in the...
Technip Energies, a renowned French engineering and technology firm, has successfully obtained a front-end engineering design contract to construct an alumina refinery in Guinea, West Africa. The nation is one of the leading producers of bauxite in the world. However, in this case, the contract was...
The Compagnie des Bauxites de Guinée, also known as CBG, has emerged as a global leader in the metallurgical bauxite sector, redefining the industry and the socio-economic fabric of local communities. With a commitment to excellence, CBG stands as a backbone in Guinea's metallurgical bauxite...
The Vietnamese government's decision to initiate bauxite mining in the northern region, focusing on three previously unexplored sites, marks a significant step towards resource diversification. This strategic move aims to harness the potential of these untapped locations and underscores the...
The 2 nd Odisha Mining and Infrastructure International Expo is set to take place from 15th to 18th February 2024 at Janata Maidan, Bhubaneswar, Odisha, India. This prestigious event, organized by Futurex Trade Fair and Events Private Limited, is an exclusive international B2B trade show that...
According to some recent reports, the world's second-largest economy, China's investments in metals and mining in foreign countries, may attain an all-time high in 2023. The nation is making significant efforts to secure valuable resources to protect its status as the leading manufacturer of the...
Blockchain technology is a cutting-edge database mechanism that enables transparent information sharing among participants within a business network. It operates by storing data in interconnected blocks, forming a chain-like structure. In the mining sector, blockchain technology enhances supply...
China, the world's largest aluminium producer, has achieved a groundbreaking milestone in the mining industry by successfully implementing longwall shearers in bauxite mines, marking the world's inaugural application of this comprehensive mechanized mining technology underground. Spearheading this...
The Australian-based mineral-exploration company Surefire Resources has made its way onto the global stage for battery and LED markets by confirming 99.99 per cent pure alumina in test work utilising waste rock from its 100 per cent-owned Victory Bore vanadium mine, located roughly 400 kilometres...
India is planning to build an industrial water transport corridor in the east. The plan, backed by Coal India, Paradip Port Authority (PPA) and the Inland Waterways Authority of India (IWAI), would cater to a major industrial cluster in India for the movement of finished products like aluminium,...
On July 10, according to a report submitted to the Bucharest Stock Exchange, Alum Tulcea's shareholders approved the sale of Global Aluminium Ltd BVI, the subsidiary through which the company held ownership of the bauxite mines in Sierra Leone. However, Alum Tulcea is 99.4% owned by Romanian...
Developed in partnership with KableX, the newly manufactured aluminium Fit and Go Adaptor by AusProof aims to help their customers achieve two significant objectives: cost reduction and simplicity of operation. The Fit and Go Adaptor is compatible with AusProof's 114BKA and 118BKA aluminium...
Pankaj Oswal, an Indian business magnate, and his wife, Radhika, have recently acquired one of the most expensive homes in the world, Villa Vari, named after their daughters Vasundhra and Ridi. Oswal Group's leader, the bauxite mining and petrochemicals conglomerate, has spent almost $200 million...
PT Cita Mineral Investindo Tbk (CITA), one of the largest Bauxite Mining Groups in Indonesia and a producer of Smelter Grade Alumina (SGA) in Indonesia, managed to record positive performance in 2022 by recording a net profit of IDR 744.82 billion, an upswing of 31 per cent y-o-y. On June 28, 2023,...
At its Juruti bauxite mine in Pará state, the Brazilian unit of US-headquartered multinational aluminium company Alcoa is quickening the switch to clean energy. The US aluminium giant hopes to begin a project to switch from fossil fuel-fired generating to grid-connected power supply shortly. The...
