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Top Stories

Bauxite Project

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 ...
Environmental group questions aspects of Alcoa's Western Australia gallium project
SupplementAL
An environmental advocacy group has raised questions about Alcoa Corporation's planned gallium production project in Western Australia, citing concerns over the proposed expansion of mining activities and the suitability of the region's bauxite resources for gallium extraction following the project's final investment decision. The comments were made by the Jarrahdale Forest Protectors (JFP) after Australia, Japan and the United States, together with Alcoa, confirmed plans to establish a galli ...

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 ...
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