Canyon Resources To Commence Negotiations For Bauxite Mining Agreement With Cameroon Government
Perth-based mineral miner Canyon Resources Limited said last week that the Cameroonian government has agreed to enter into negotiations with...
Africa
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...
South32 Boosts Stake In Mozal Aluminium By 15 Percent
Australian metals miner South32 increased its share in Mozambique’s Mozal Aluminium earlier this week, increasing its stake in the aluminium...
Bauxite Production Continues In Guinea After Military Coup
A coup that ousted Guinean president Alpha Conde has resulted in a spike in bauxite prices to an 18-month high,...
Events
Canyon Resources Inks Agreement With Chinese Firm Zhongye Changtian To Develop Minim Martap Bauxite Project In Cameroon
Perth-based mineral miner Canyon Resources Limited announced yesterday the execution of a Strategic Partnership Agreement and a Memorandum of Understanding with China’s Zhongye Changtian International Engineering Corporation of MCC (MCC-CIE) to develop its Minim Martap Bauxite Project in Cameroon. According to a filing made with Australia’s stock exchange, MCC-CIE will increase its involvement in the […]
Bechtel Concludes Feasibility Study Of Expansion To Egyptalum’s Nag Hammadi Aluminium Smelter
US construction company International Bechtel Co. Ltd. (Bechtel) completed a feasibility study regarding expansion to Egypt Aluminium Company’s (Egyptalum) smelter. Egyptalum is contemplating expanding the aluminium smelter’s production capacity to 250 thousand metric tons per annum. Nag Hammadi aluminium smelter currently boasts a nameplate capacity of 300 thousand metric tons per annum, making it one […]
Ghana Bauxite Company’s Future Thrown Into Doubt After Bosai Minerals Expected Pull Out
China’s Bosai Minerals Group announced earlier this week its departure as an investor at Ghana Bauxite Company (GBC) Limited, throwing the entire operation in doubt and alarming workers at the mining operation who depend upon it for their livelihood Bosai Minerals made the decision after the government’s decision not to renew GBC’s mining lease, which […]
Lindian On Cusp Of Production At Guinean Bauxite Reserves
Australian mineral exploration firm Lindian Resources Limited is on the verge of bringing its vast bauxite ore resources into production according to the firm’s chairman, who was interviewed by industry media last week. Asimwe Kabunga said that the over one billion metric tons of bauxite ore reserves the firm has in the Republic of Guinea […]
SMB Opens US$1 Billion Bauxite Railway In Guinea
The west African nation of Guinea is set to become an even bigger player in the global bauxite ore trade as Societe Miniere de Boke has begun shipping the ore to the coast via its US$1 billion new railway. The 84-mile railway will carry bauxite ore from SMB’s Santou II and Houda blocks to port […]
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 ...
