South African Government Will Continue to Pursue Aluminium Tariff Exemption
The government of the Republic of South Africa will continue to appeal to the administration of United States President Donald...
Africa
Societe Miniere de Boke’s Bauxite Mine Back Online After Nearly Two Week Strike
The bauxite mine operated by Guinea’s Societe Miniere de Boke is back to production now that a nearly two-week strike has come to a conclusion. Frederic Bouzigues, the firm’s managing director, informed Reuters of such via text message yesterday. The strike yielded...
EGA Inks Fifteen-Year Transshipment Agreement With Louis Dreyfus Company for Guinean Bauxite
UAE aluminium smelter Emirates Global Aluminium PJSC announced yesterday a new 15-year agreement with Louis Dreyfus Company B.V. (LDC) subsidiary...
Rusal Plans First Bauxite Production at Guinea’s Dian Dian Mine By Month’s End
Russian Federation aluminium giant U.C. Rusal will commence bauxite mining in the West African state of Guinea by month’s end,...
Events
Nalco Mulling Move Into Guinea’s Bauxite Trade
Reporting from domestic media indicates that India’s National Aluminium Company Limited (Nalco) is investigating the possibility of gaining a foothold in the significant bauxite ore assets in the West African country of Guinea. Chairman and managing director Tapan Kumar Chand told an Indian newspaper earlier this week that bauxite mining may not be the only […]
New Round of Riots in Guinea Impede Bauxite Shipments
Violent protests have again rocked several cities in the western African nation of Guinea, disrupting bauxite ore shipments from the country in the process. The late unrest was touched off by the government’s failure to publish the results of an election last month the ruling party says it won. Riots erupted in the capitol city […]
Rusal and Nigerian Government Come to Terms on Joint Ownership of Alscon
The Nigerian government and Russian Federation aluminium giant U. C. Rusal reached an agreement regarding the sale of the Aluminium Smelter Co. of Nigeria (Alscon). The out-of-court agreement ends ten years of uncertainty between the two parties over the plant’s ownership and future. According to Reuters, Rusal and Nigeria’s mines ministry agreed to a split […]
Chinese Firm to Invest US$2.8 Billion in Guinean Bauxite Operation
The Republic of Guinea’s mining ministry disclosed yesterday its approval of a US$2.8-billion investment in a fully-integrated aluminium operation around a domestic bauxite mine by the Chinese transformer-production firm Tebian Electric Apparatus Stock Co., Ltd. (TBEA). According to secretary-general of the mines ministry Saadou Nimaga elaborated by saying that the mine is expected to begin […]
Ghana to Begin Refining Bauxite As Early As 2019: Vice President Bawumia
Ghana’s Vice President Alhaji Dr Mahamudu Bawumia said on Tuesday that his government is continuing down the path of opening a bauxite operation, as the establishment of in-country processing of the ore is critical to realizing the highest financial benefits from the mineral. Bawumia went on to say that such a move will also yield […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
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 ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
