Africa

South32 Not Planning to Restart Idled Aluminium Capacity Before 2018

South32 Not Planning to Restart Idled Aluminium Capacity Before 2018

Australian metals miner South32 indicated on Thursday that it does not expect to reopen idled capacity at its aluminium and manganese operations in southern Africa in the course of the next two years. The firm idled the capacity in question due to...

Events

Ghana’s Aluworks Says US$25 MM Deal with Vedanta Imminent

The Republic of Ghana’s Aluworks is poised to emerge from its financial doldrums, as it says it is on the verge of closing a US$25 million deal with Vedanta Resources. The firm indicates that the move will help them become competitive in the face of a market flooded with cheap Chinese imports. “We are talking […]

EGA to Open Bauxite Mine in Guinea

United Arab Emirates’ Emirates Global Aluminium PJSC (EGA) announced last week that it would soon begin construction on a significant bauxite mine in the West African country of Guinea. The mine is anticipated to insure a steady stream of high-quality bauxite ore for the firm’s domestic operations and, in turn, lead to new sales in […]

Dubai Firm Soliciting Funds to Develop US$8 Bln Bauxite Mine in Guinea

A resources firm based in Dubai has been in negotiations with certain trading houses to begin development of Guinea’s bauxite reserves. The reserves, once held by Anglo-British firm BHP Billiton, are reportedly valued at US$8 billion. Gajah Investment Group’s co-founder James Tounkara indicated in an interview that he expected interest from the People’s Republic of […]