Fluor’s Expansion Of Guinea’s Kamsar Mine Yields First Bauxite Production
Fluor Corporation’s Compagnie des Bauxites de Guinée (CBG) has produced the project’s first ore according to a company press release....
The new year will see a rise in production of both bauxite and alumina from the world’s largest miner. Such was the news from a production report released by Anglo-Australian mining titan Rio Tinto Group late last week. In 2019 the company...
Fluor Corporation’s Compagnie des Bauxites de Guinée (CBG) has produced the project’s first ore according to a company press release....
Emirates Global Aluminium PJSC announced this weekend the reception of the first bauxite ore destined for use at Al Taweelah...
UAE aluminium smelter Emirates Global Aluminium PJSC announced yesterday a new 15-year agreement with Louis Dreyfus Company B.V. (LDC) subsidiary...
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 […]
Riots this summer in Guinea’s Boké region sent ripples through the African nation’s economy, as the country’s budget minister blamed the unrest on the loss of nearly a full percentage point of forecast economic growth next year. According to comments by Budget Minister Mohamed Lamine Doumbouya, the government lowered its growth forecast from 6.7 percent […]
Anglo-Australian mining titan Rio Tinto reported financial results for the first half of 2016 yesterday. The firm credits strong performances in bauxite and aluminium as contributing to their strong performance in the half. “Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop […]
American multinational engineering and construction firm Fluor Corporation announced yesterday that it has been awarded an engineering, procurement and construction management contract for Compagnie des Bauxites de Guinée’s (CBG) Bauxite Production Expansion Project in Kamsar, Guinea. The firm says the contract will be worth US$501 million. The project in question will expand production by four […]
Guinea’s Compagnie des Bauxites de Guinée (CBG) has announced an agreement in principle on financing for a loan of over US$1 billion to boost production at its bauxite plant in Kamsar. The West African country sits atop about one-third of the known bauxite reserves on Earth. Capitalizing on that fact has been a struggle in […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...