Final Equipment Delivered To EGA’s Bauxite Operation In Guinea
Emirates Global Aluminium PJSC (EGA) announced to investors earlier this week the delivery of the final major piece of bauxite...
Africa
Contract Workers At Ghana Bauxite Mining Company Threaten Walkout Over Poor Work Conditions
Labor unrest threatens production at Ghana Bauxite Mining Company Limited, as contract employees pledged to walk off the job unless and until working conditions improve at the site. Per labor spokesperson Issahaku Yakabu, management at the plant is not paying into the...
Ghana Seeking Investors For Bauxite Extraction: President Akufo-Addo
An integrated aluminium industry is the goal of Ghana’s government, and the country’s president intends to achieve it with the...
South32 To Shed 500 Jobs At Hillside Aluminium Smelter In South Africa
In a bid to restructure operations and reduce costs, Australian metals miner South32 Limited announced earlier this week the laying...
Events
South32’s Profit Rises By 35 Percent In FY 19-20’s Front Half
Australian metals miner South32 Limited released results for the first half of FY 2018-19 on Thursday, turning in production numbers essentially level with previous periods but respectable growth in financial returns. In the fiscal year’s first half the firm reported revenue of US$3,811 million, up by 9 percent on the year from last year’s total […]
Guinea Has Set Its Sights On Becoming World’s Premier Bauxite Producer: Mines Minister
Though other metal projects are struggling, the Guinean government has voiced its commitment to becoming a global leader in the aluminium value chain. In comments to Reuters earlier this week, Guinea’s mines minister Abdoulaye Magassouba said the 60 million metric tons of bauxite mined in country is simply a prelude to much bigger ambitions. “We’re […]
Nigeria To Restart Operations At ALSCON After Ten-Year Hiatus
Nigeria is reentering the aluminium game with the reopening of a domestic smelting firm that has been idle for a decade. Yesterday local media reported that Nigeria’s President Muhammadu Buhari will soon reinaugurate the idled Aluminum Smelting Company of Nigeria (ALSCON), allowing it to begin aluminium production once more. On Sunday, Nigeria’s Director General of […]
EGA Train Delivers First Guinean Bauxite Ore Shipment To The Coast
UAE aluminium smelter Emirates Global Aluminium PJSC (EGA) announced yesterday the departure of the first train loaded with bauxite from subsidiary Guinea Alumina Corporation’s mine and its safe arrival to port facilities on the coast. The milestone three-hour, 55-mile journey consisted of 80 railcars loaded with 6,800 metric tons of raw bauxite ore. The ore […]
Construction at UAE’s Guinea Mine Achieves 75 Percent Completion
UAE aluminium smelter Emirates Global Aluminium PJSC (EGA) announced late last week that construction at its bauxite mining project in Guinea has achieved 75 percent completion. The US$1.4-billion project, which is being built by EGA’s subsidiary Guinea Alumina Corporation, represents the largest greenfield investment in Guinea in 40 years. Employing 3,000 workers, the project is […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
