Bauxite Import
A port stake and a rail holding: Camalco builds its Minim-Martap logistics position, investing in 42% of Douala Port Timber Terminal
The Canyon Resources’ subsidiary has acquired 42.8 per cent of Douala Port Timber Terminal, adding a port interest to its existing railway stake as it develops a planned route for Minim-Martap bauxite. Camalco Cameroon is extending its position in the logistics network being planned for the Minim-Martap bauxite project, acquiring a 42.8 per cent stake in Douala Port Timber Terminal (TBPD). The investment adds a port-related interest to its existing shareholding in Camrail, the railway operator expected to form part of the project’s transport route. The acquisition was completed through a capital increase at TBPD, rather than the purchase of shares from existing shareholders. Camalco invested XAF 347.447 million (USD 604,000), subscribing to newly issued shares reserved entirely for the...
Strategic Bauxite advances Guyana mine expansion with US-backed $150m investment
US-based Strategic Bauxite Inc. is preparing to expand its refractory-grade bauxite operations in Guyana after acquiring Guyana-based First Bauxite LLC in July. The company’s plans were discussed during a recent meeting between US Ambassador to Guyana Nicole Theriot and Strategic Bauxite executives. The proposed investment is expected to expand mining and processing capacity in the country while strengthening the supply of refractory-grade bauxite. The expansion is backed by USD 85.5 million in US government equity funding through the Industrial Base Analysis and Sustainment (IBAS) programme, alongside USD 64.5 million in private-sector co-investment. Guyana mine and calcination capacity to expand According to the US Embassy, the combined USD 150 million investment will support an...
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15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
ICSOBA 2026 - 44th International Conference and Exhibition
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
ICSOBA 2026 - 44th International Conference and Exhibition
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News
Ashapura targets INR 100 billion bauxite revenue opportunity as Guinea volumes rise
Ashapura Minechem is preparing for its next phase of growth by expanding its Guinea bauxite operations while shifting its Indian business towards higher-value mineral products. The company is targeting 15 million tonnes of annual bauxite volumes by FY28, a level management believes could generate nearly INR 100 billion (USD 1.05 billion) in revenue from the bauxite business alone, depending on bauxite prices, freight costs and operating conditions. The expansion is being supported by additional port capacity in Guinea, while Ashapura is investing in products for applications including foundry, oil and gas, paints, paper and cat litter to broaden its earnings base. Guinea bauxite expansion takes centre stage Ashapura expects Guinea bauxite exports of 9–11 million tonnes in FY27, compared...
Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a potential source of up to 8 million dry tonnes of export bauxite per year to its regional pipeline. The transaction, for an undisclosed price, gives Rio control of the greenfields project located about 23 kilometres north-east of Aurukun and 35 kilometres south of Weipa. The deal remains subject to Queensland Government and other regulatory approvals. Under the development plans previously advanced by Glencore and Mitsubishi, Aurukun could produce up to 15 million tonnes per year of run-of-mine...
Metro Mining builds bauxite momentum with record output, lower costs and broader sales
Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving cash generation signalling progress from the operation's earlier ramp-up phase. The Australian producer is targeting 6.6 million to 7.1 million tonnes of production for the full year, with the latest quarter showing that investments in mining, barging and export infrastructure are translating into higher throughput. The operation produces direct-shipping bauxite for alumina refiners, with China continuing to account for most demand. However, Metro is also expanding its customer base, including...
Alcoa files SEC registration for $5.6b South32 alumina, aluminium and bauxite asset deal
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and Exchange Commission (SEC) in connection with its proposed acquisition of South32 Limited's interests across the bauxite, alumina and aluminium value chain. Under the transaction agreed on June 30, 2026, Alcoa will pay South32 USD 3.1 billion in upfront cash and about USD 1.0 billion in Alcoa shares, while also assuming around USD 750 million in net debt and lease liabilities. A further USD 750 million in contingent cash consideration could become payable depending on alumina and aluminium prices...
Canyon Resources fights back against A2MP's low-ball takeover bid
Canyon Resources' independent board committee says A2MP's AUD 0.05 (USD 0.036) offer materially undervalues the Cameroon-focused bauxite developer as questions also emerge over A2MP's potential ties to another major shareholder. Canyon Resources' independent board committee has recommended that shareholders reject a takeover offer from majority owner A2MP Investments, arguing that the bid materially undervalues the company and its Minim Martap bauxite project in Cameroon. A2MP, which controls 55.56 per cent of Canyon through associates, launched a conditional cash offer on July 29 to acquire the Canyon shares it does not already own for AUD 0.05 (USD 0.036) per share. The offer values Canyon at approximately AUD 103 million (USD 73.8 million). The independent board committee, including...
Indonesia seizes $19.1m in assets in bauxite mining corruption case
Indonesia's Attorney General's Office has seized assets worth IDR 338.36 billion (USD 19.1 million) and named five suspects in an alleged corruption case involving a bauxite mining permit in West Kalimantan. Indonesia's Attorney General's Office (AGO) has seized IDR 338.36 billion (USD 19.1 million) in assets belonging to Sudianto, also known as Aseng, the beneficial owner of PT Quality Success Sejahtera (QSS), as part of an alleged corruption investigation into the company's bauxite mining business permit. The seizure was carried out by investigators from the AGO's Special Crimes division and the Asset Recovery Agency between August 25 and 29 at several locations under the jurisdiction of West Kalimantan. The assets include land, buildings, mining equipment, barges, tugboats and vehicles...
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