Bauxite Price
20m tonnes more: Rio Tinto launches $2.6bn Kangwinan project
Rio Tinto has launched its USD 2.6 billion Kangwinan bauxite project in Queensland, marking a major investment in the future of its Weipa operations. The project is expected to add 20 million tonnes of annual bauxite production capacity, with first output targeted for 2029 and full production anticipated by 2032. A groundbreaking ceremony in the Weipa region marked the start of the development, which Rio Tinto considers an important step in maintaining its long-term presence in Western Cape York. Armando Torres, managing director of Rio Tinto Pacific Operations, said the investment demonstrated the company's commitment to the region and its workforce. "For more than 60 years, we've operated in Western Cape York, building a world-class bauxite business and strong, enduring relationships...
Ghana to ban raw bauxite exports by 2030 under $1.5bn processing plan
Ghana plans to prohibit raw bauxite exports by the end of 2030 as the government steps up efforts to develop domestic mineral processing and strengthen its aluminium value chain. The initiative forms part of a USD 1.5 billion investment programme targeting the processing of manganese, bauxite, lithium and gold, announced by Finance Minister Dr Cassiel Ato Forson during the presentation of the 2027 Budget Statement and Economic Policy in Parliament on November 12, 2026. Under the government's targets, at least 50 per cent of Ghana's manganese and bauxite will be processed locally by the end of 2028, with full domestic processing planned by 2030. The policy is intended to move the country away from exporting raw minerals towards retaining more value through local industrial activity. "By...
Grow with
AL Circle
Price
→Events
Business Cards
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MORE
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREAL Circle Analysis: Scrap in EU, Thailand, 25%Trimet CO₂ cut, India’s 16.3tCO2 gap draw aluminium supply chain
AL Circle Analysis: 278% China-US FRP rise, $692m Germany-France FRP trade, India’s 300m-can gap draw aluminium map
AL Circle Analysis: Alumina prices fall 22%, Ghana advances bauxite projects & global aluminium production rises 2.1%
Global alumina production remains below 2025 levels despite a Q3 rebound, reaching 114 million tonnes in 9M2026
Germany-France aluminium FRP trade 2026 at $692m: Two-way exchange of coil, sheet, foil and high-value products
News
Indonesia's bauxite reserves stand at 2.77bn tonnes as downstream expansion gathers pace
Indonesia holds approximately 2.77 billion wet metric tonnes (Wmt) of bauxite reserves across four key regions, with West Kalimantan accounting for the largest share of the country's reported deposits. The figures highlight the importance of the province to Indonesia's growing aluminium ambitions as the country shifts towards domestic alumina refining and primary aluminium production. Indonesia's total bauxite resources amount to approximately 7.28 billion Wmt. West Kalimantan dominates this resource base, with 5.52 billion Wmt, alongside reserves of 2.31 billion Wmt. This makes the province the country's principal bauxite-bearing region. Riau Islands represents the second-largest resource base, with approximately 1.36 billion Wmt of bauxite resources and 319.35 million Wmt of reserves....
Vedanta bets on captive bauxite as OMCL pricing dispute threatens cost advantage
Vedanta Aluminium Metal Ltd is turning to captive bauxite supplies to manage rising raw material costs as a pricing dispute with its long-term supplier, Odisha Mining Corporation Ltd (OMCL), puts pressure on its procurement expenses. The company plans to begin production at its Sijimali bauxite mine in Odisha during the current financial year, targeting an initial output of 1 million tonnes. Vedanta received long-pending consent to operate the mine in September. Production is expected to increase to 5–6 million tonnes in FY28, with the captive resource anticipated to replace imported bauxite and reduce the company's dependence on external suppliers. The mine is expected to generate savings of approximately USD 25 per tonne, according to chief financial officer Anup Agarwal, who discussed...
China bauxite imports seen range-bound as supply recovery offsets soft alumina demand; port stocks edge lower
Domestic ore prices showed no notable change last week, with inland domestic bauxite largely supplied through long-term contracts to ensure security of supply. However, the market widely expects supply of domestic ore in Shanxi to loosen, and some participants believe 2027 domestic mine supply will be better than this year--though actual progress still depends on local policy implementation. On the import side, confirmed November long-term import ore volumes rose from October, which should help lift Guinean shipment volumes to China somewhat. In addition, previously suspended small- and medium-sized mines are planning to resume shipments in November as freight rates retreat, and offers have already appeared in the market. Partial resumption at small per medium mines will add a sequential...
Ocean freight rates rebound as indicative prices for imported bauxite fall; market trading stabilises
Bauxite prices are rising slightly in some regions. The domestic mineral market remains generally stable. Domestic ore supply remains tight, with a slight increase in bauxite prices in Shanxi. No significant price fluctuations have been reported in other regions, and overall stability is expected in the short term around current levels. As of today, Shanxi bauxite with an Al/Si ratio of 5.0 and 60 per cent alumina, excluding VAT, at crushing plant warehouses, was trading at approximately RMB 540-560 per tonne. Henan bauxite with an Al/Si ratio of 5.0 and 60 per cent alumina, excluding VAT, at crushing plant warehouses, was trading at approximately RMB 500-540 per tonne. Guiyang bauxite with an Al/Si ratio of 6.0 and 60 per cent alumina, priced ex-works including VAT, was RMB 510-560 per...
Beyond bauxite: Jamaica looks to unlock its wider mineral wealth
Jamaica is preparing for a major shift in its mining industry, with the Government looking to expand mineral exploration beyond bauxite and alumina, develop higher-value products and reduce taxpayers' exposure to financially troubled state investments. The newly established Ministry of Mining and Geology is spearheading the initiative, with a broader agenda covering mineral diversification, fiscal reform, geological assessment and environmental accountability. Minister of Mining and Geology Floyd Green has begun implementing the new direction following a directive from Prime Minister Andrew Holness. The strategy, outlined during a high-level meeting of the Ministry, aims to reposition mining as a wider driver of economic growth, investment and national development. Limestone and critical...
WEEKLY: Bauxite prices steady as weak alumina demand meets ample arrivals, lower freight
The imported bauxite market showed mixed signals last week, with term price negotiations for both 2026 and 2027 cargoes underway, while concluded deals edged lower amid persistent weakness in alumina prices. In the imported market, a major Guinean miner released its November term price last week. While its FOB offer was unchanged, ocean freight fell by USD 3.5 per tonne, in line with oil price adjustments. Some refineries took a cautious view on the offer, while others accepted it. Overall, October finalisation activity was better than in September. Separately, an Australian mine began discussing 2027 term prices with downstream buyers. Both specifications and prices were adjusted slightly higher. Refineries were divided: some found the offer acceptable, while others still hope to...
_md.webp)
Blog
LATEST POSTS
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans
