Rusal Ships First Ore From Guinea Mines Since Mid-March
Newly-released shipping data shows that Russia’s UC Rusal has shipped the first bauxite ore from its operations in West Africa...
Africa
Guinean Government Seeks Bauxite Miners’ Plans For Domestic Alumina Refineries
The Guinean government last week asked companies operating bauxite mining operations to present plans for refining alumina within its borders by May of this year. The interim government that took power via coup in September has opted to take a harder line...
Delemar Aluminium Plans Major Expansion In Egypt Over Next Five Years
Egyptian aluminium extruder Delemar Aluminium said this week that it plans on doubling its investment in the domestic market over...
Canyon Resources Wins Struggle For Bauxite Research Permits In Cameroon
Perth-based mineral miner Canyon Resources Limited announced last week that its wholly-owned subsidiary Camalco Cameroon SA (Camalco) obtained extensions for...
Events
Record High Prices For Aluminium Do Little To Help South32 Clear Inventories In Latest Quarter
Despite receiving record high prices for aluminium at its Hillside smelter, South32 continues to experience difficulties in clearing inventory at both Hillside smelter in South Africa and Mozal aluminium smelter in Mozambique. In comments made during a second-quarter production update on Monday, the firm said it is exploring options to move more aluminium product and […]
Akufo-Addo Administration Reaffirms Commitment To Keeping Ghana Bauxite Company Afloat
Ghana’s Deputy Minister for Lands and Natural Resources in charge of Mining George Mireku Duker went on record last week to reassure workers at Ghana Bauxite Company (GBC) that the Akufo-Addo government will continue to work hard to ensure the firm’s continued viability. Duker spoke in response to the pullout of the firm’s biggest shareholder […]
Canyon Resources Settle Key Terms Of Bauxite Mining Agreement With Cameroon Government
Perth-based mineral miner Canyon Resources Limited’s wholly-owned subsidiary Camalco Cameroon SA settled key terms of the mining agreement under negotiation with the Cameroonian government last week. Canyon Resources said in a press release that Camalco has completed four rounds of negotiations with Cameroonian Ministry of Mines officials to settle details of the Minim Martap Project […]
EGA Awards US$34 MM Guinea Bauxite Mining Contract To Domestic Firm Guinéenne de Prestation et de Construction
Emirates Global Aluminium PJSC’s (EGA) wholly-owned subsidiary Guinea Aluminium Corporation awarded a major contract to a domestic construction firm as it continues to fulfill the promises made to enhance the Guinean economy. GAC awarded the US$34-million mining contract to Guinéenne de Prestation et de Construction, which the firm estimates to be among the biggest contracts […]
Rusal Officials Discuss Bauxite Mining Investments With Ghana Government
The Ghanian government held talks last week with Russian aluminium giant UC Rusal regarding investing in Ghana’s domestic bauxite industry. On Friday, the Deputy Minister of Lands and Natural Resources in charge of mining George Mireku Duker met with several officials from Rusal to discuss the issue. The meeting last week was meant to pave […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
