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 Ghana Integrated Aluminium Development Corporation (GIADEC) has been charged by the national director of A Rocha Ghana (ARG), Dr Seth Appiah-Kubi, for damaging a section of the Atewa forest through experimental bauxite mining. According to him, the mining carried out was illegal. This is his...
Terra Goyana Mineradora (TGM), one of Brazil's largest producers of bauxite, has joined Aluminium Stewardship Initiative (ASI) as its new Production and Transformation member. TGM engages in bauxite mining, processing, selling, and mineral research and development. It contributes 5.5 per cent of...
Introduction Guinea, a small West African nation with around 14 million population is endowed with 40 billion tonnes of low silica-medium alumina metallurgical grade bauxite resources. Most of the deposits are located within 100 to 150 km of coastline and well-developed river ports. At present...
The Naibulu Mine in Dreketi, Fiji, owned by Xinfa Aurum Exploration, is yet to resume exporting bauxite because of its low-grade issues. Filimoni Vosarogo, Fiji's Minister of Lands and Mineral Resources, said, "The Company is looking for ways to improve quality to resume exports." However, it has...
The Jamaican Supreme Court has prohibited Noranda Jamaica Bauxite Partners and New Day Aluminum (Jamaica) Limited from mining bauxite in St Ann's Cockpit Country, which some residents claim threatens their ability to survive. On January 20, 2023, the Supreme Court issued an injunction to prevent...
On January 10, 2023, Sierra Mineral Holdings 1 Limited, a subsidiary of Vimetco N.V., issued a memo stating that it would temporarily suspend all operations in Sierra Leone. The memo states that the suspension is due to the lack of bauxite sales on the global market, which has had a detrimental...
According to the data from the National Institute of Statistics (INS), based in Conakry, it has revealed that Guinea's export at the end of October 2022 recorded a rise of 29.5 per cent compared to September 2022. The INS highlighted in its note on the evolution of foreign trade that the country's...
The all-India apex body to promote the interests of all mining, mineral processing, and metal-making industries, the Federation of Indian Mineral Industries (FIMI), has requested the removal of bauxite export duties, citing optimal utilisation of low-grade mineral resources as the move will speed...
The government of Maharashtra in India has resumed bauxite mining in the Kolhapur district once again. The state government is endeavouring to exclude 18 villages from starting an industrial estate in the Bhudargad taluka of the community. A request has been made to the government of India to look...
The year 2022 has been highly active for the global aluminium industry, and the sector also experienced some significant developments in the year's final month. Indonesia finally announced the long-awaited ban on bauxite export, which will take effect in June 2023. Exports of other unprocessed...
The Bauxite Hills mine in Queensland ended its operating season for the year ahead of schedule due to a weather event that could have been dangerous for mining operations and shipment on December 29, 2022, according to an announcement by the Australian mining and exploration company Metro Mining....
The Malaysian construction engineering company, Citaglobal Bhd, formerly known as WZ Satu Bhd, is exiting its bauxite mining venture under SE Satu Sdn Bhd to focus on a portfolio of businesses that includes civil engineering and construction, oil and gas, power generation, property development,...
The primary driver of bauxite demand is aluminium production, which is anticipated to rise in response to increasing demand from the building, transportation, and packaging sectors. In 2021, the global bauxite market was valued at $15.59 billion, and from 2022 to 2030, it is forecast to grow at a...
The President of Indonesia, Joko Widodo, announced on December 20, 2022, that the nation would ban bauxite exports, the primary ore source of aluminium, starting from June 2023 to boost the domestic processing of the material. Indonesia ranks among the world's largest bauxite suppliers, with China...
Discovery Bauxite, an Atlantic Alumina subsidiary that aims to plant 200,000 trees over three years in support of the National Tree Planting Initiative, has announced that it is ahead of schedule. Operation Discovery Tree was launched in December of last year. Ackee, jackfruit, apple, kola nuts,...
On December 19, 2022, the construction work on a bauxite-alumina mining industrial complex, one of Vietnam’s most significant projects in Lao, was initiated in Dakcheung district, the southern Lao province of Sekong. The investment is counted as one of the biggest investment projects in the...
The global mining and metal giant Rio Tinto has announced the appointment of Kaisa Hietala as a non-executive director. A Finnish citizen, Kaisa Hietala, will join the Board on March 1, 2023. An experienced executive, Kaisa Hietala has a proven track record of assisting businesses in transforming...
On November 24, 2022, the Inter-American Commission on Human Rights (IACHR) issued a ruling that mandates the Jamaican government take action to address the effects of bauxite mining on the health of people of particular St Ann villages. The Jamaica Environment Trust (JET) applauds this decision....
