Chalco Ships First Bauxite From Boffa Mines In Guinea
Aluminum Corp of China Ltd (Chalco) earlier this week commenced the first shipment of its inaugural batch of bauxite ore...
Boffa
Chalco Soon To Ship First Bauxite Ore From Guinea Project
Aluminum Corporation of China Ltd (Chalco) said late last month that it has begun preparing the first shipment from its bauxite operations in Guinea to China via ocean-going vessel. In a statement given to domestic media, Chalco said the initial shipment would...
First Shipment By Chalco Of Bauxite From Guinea Mine Scheduled For Early December
Aluminum Corp of China Ltd (Chalco) said earlier this week that it has queued up its inaugural bauxite ore shipment...
Xinjiang Joinworld Announces Plans For US$831-Million Alumina Refinery In Western Guinea
Another aluminium firm hailing from the People’s Republic of China has staked its claim in West Africa, as this week...
Events
COSCO Shopping For 25 New Ore Carriers To Transport Bauxite From Guinea
According to sources who spoke to the Wall Street Journal late last week, China COSCO Shipping is in the market for over two dozen new ore-shipping vessels intended for transporting bauxite ore from Guinean ports to China for use in feeding Aluminium Corp. of China (Chalco) aluminium smelters. Per the sources, who spoke on condition […]
Chalco Breaks Ground On Boffa Bauxite Project In Guinea
State-run smelter Aluminum Corp of China (Chalco) announced yesterday the start of construction at its Boffa bauxite project in Guinea. Reuters reported Monday that the company released a statement saying that a groundbreaking ceremony took place this weekend at the site. No further details were available at press time. Earlier this year Chalco said production […]
Chalco Announces US$164 MM Investment in Guinea’s Boffa Bauxite Mine
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 […]
China to Loan Guinea US$20 Billion for Access to Bauxite Reserves
The Republic of Guinea will be the recipient of a US$20 billion loan from the People’s Republic of China in exchange for concessions on its significant bauxite ore reserves. According to reporting yesterday by Reuters, the loan will be disbursed over twenty years. The loan will be guaranteed by in-country projects 125 miles northeast of […]
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 ...
