Ghana’s chamber of commerce announced their support for the country’s plan for bringing its significant bauxite ore to market last week. Mark Badu-Aboagye, president of the Ghana National Chamber of Commerce and Industry (GNCCI) said in a statement that the country’s Integrated...
The Ghanaian parliament passed late last week an agreement with the People’s Republic of China’s SynoHydro Corporation to build US$2...
Hebei’s CITIC Dicastal Co., Ltd. announced a plan to invest €350 million (US$408 million) to build two factories to produce...
With the threat of a global trade war looming large on the horizon, South Africa’s government warned the United States...
In a speech delivered at a conference between the two countries’ governments, Ghana’s Vice President Mahamudu Bawumia called upon United States Secretary of Commerce Wilbur Ross to aid in bringing the African nation’s fledgling bauxite ore sector into global prominence. Speaking at the inaugural U.S.-Ghana Business Forum late last week, Bawumia said that the United […]
Emirates Global Aluminium PJSC’s (EGA) operations in Guinea reached 50 percent construction completion this week, with the firm announcing the same on Tuesday. Operating in-country under the auspices of Guinea Alumina Corporation, EGA is employing 4,000 Guineans to complete the US$1.4 billion project. The firm says first production is expected to commence early next year. […]
Russian Federation aluminium giant U.C. Rusal announced yesterday the reopening of operations at Guinea’s Friguia Alumina Refinery. Per the company, the restart is a product of a 2016 agreement with the Guinean government that will see the facility ramp up production to between 550 thousand and 600 thousand metric tons per annum within a year […]
Ivory Coast miner Lagune Exploitation Afrique revealed to financial media earlier this week that it is negotiating with a subsidiary of Japan’s Sumitomo Group to develop an Ivorian bauxite outcropping by building mining operations and twin alumina refineries totaling US$375 million. Per Chief Executive Officer Moumouni Bictogo, the Benene deposit, which is located in the […]
Aluminum Corp. of China (Chalco) announced late last week a plan to invest US$164 million in a bauxite ore mine in Guinea. Domestic media reported yesterday the plan to invest in the Boffa bauxite project, which is the site of an estimated 736 million metric tons of bauxite reserves. Chalco says this investment will be […]
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
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