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Top Stories

Bauxite Grade

Majority stake sale is not the only path to modernise VALCO, industry analysts argue
Bauxite
Industry analysts have argued against allowing a strategic investor to acquire up to a 70 per cent stake in the Volta Aluminium Company (VALCO), stating that Ghana's estimated USD 48 billion bauxite reserves could provide an alternative route to financing the state-owned aluminium producer's modernisation. They have argued that Ghana should explore financing options backed by its mineral resources rather than relinquishing majority ownership of VALCO in exchange for a proposed USD 600 million ...
A2MP takeover bid casts doubt over Cameroon bauxite project's expansion plans
Bauxite
Cameroon's flagship Minim-Martap bauxite project has come under fresh scrutiny after majority shareholder A2MP Investments launched a takeover bid for Canyon Resources, arguing that rising freight costs, lower marketing premiums and higher operating expenses could undermine the project's economics in its current form. A2MP, which already owns 55.56 per cent of Canyon Resources, is seeking full control of the Australian mining company through an unsolicited off-market takeover offer. If succes ...

Bauxite
Alurion Resources Limited has begun trading on the Australian Securities Exchange (ASX) after raising AUD 50 million (USD 35 million) through its initial public offering (IPO), providing fresh capital to advance the Amargosa Bauxite-Gallium Project in Bahia, Brazil. This is the start of a new chapter for the standalone explorer, which will focus exclusively on developing one of Brazil's emerging bauxite and gallium assets as demand grows for aluminium raw materials and critical minerals.  The ...
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