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Week in Review: Bauxite news updates from the globe
Edited by : Heena Iqbal
2 min read
<p>The exports of bauxite in Brazil rose in June following 1.6 per cent year-on-year drop in the fourth quarter of the last financial year ending 31st March 2017. Bauxite export in June totalled 906,881 tonnes, up 9.3 per cent from the same period previous year<strong>.</strong></p>
<p>Bauxite industry has seen considerable progress last week. Here is a round-up of the most important news stories on the bauxite sector from the week gone by:</p>
<p><strong>ABx’s Binjour bauxite resources review poised to progress to the next step</strong></p>
<p>Australian Bauxite Limited (ABx) recently updated its investors on the review of bauxite resources at Binjour saying that the project is soon to step into its next logical level. According to the company, Rawmin Mining and Industries Pvt. Ltd, the marketing partner of ABx, has requested to make advancement with the review that began in May.</p>
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<p>The scope of the Binjour bauxite resources review includes a mining lease at Toondoon, located one hundred miles from the port city Bundaberg in central Queensland. The lease having an estimated bauxite reserve of 3.5 million metric tonnes may see commencement of bauxite production even prior to full approval of the operations at Binjour.</p>
<p><strong>Rio’s Amrun bauxite project close to completion</strong></p>
<p>Rio Tinto has almost reached the completion of its 2.6 billion Amrun bauxite project which is located in north Queensland. The company’s $2.6 billion project is complete by one third and the first production is expected to start in the first half of 2019.</p>
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<p><strong>Scania’s new U-BODY tipper to boost productivity of Indian miners</strong></p>
<p>Scania CV India, a subsidiary of Scania Group, launched the new U-BODY tipper truck for the country’s mining sector. The global manufacturer of heavy duty vehicles and engines aims to increase productivity across a wide section of mineral exploration including coal, bauxite, and iron ore with the CV while bringing down the Total Operating Economy.</p>
<p><strong>IBAAS provides opportunity to explore the possibility of mining in Guinea, says the Convener</strong></p>
<p>Dr. Ashok Nandi, the Convener for IBAAS Conference, recently told Mining Weekly that Guinea hosts largest bauxite deposits, and the fastest-developing bauxite mining and export centres, and hence, it was selected as the venue for IBAAS this year.</p>
<p>International Bauxite, Alumina & Aluminium Society (IBAAS) in association with Camen Resources, is organizing 6th International Bauxite – Alumina symposium (IBAAS-2017) on 21st – 22nd September, 2017 at Conakry, Guinea.</p>
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