Aughinish Alumina Reports Significant Loss Amid Market Challenges

Aughinish Alumina Reports Significant Loss Amid Market Challenges

In a striking financial turn, Aughinish Alumina, a Russian-owned metal smelting company based in Limerick, Ireland, reported a substantial loss of US$167 million (€153 million) last year. This figure marks a decrease from the US$378 million loss recorded in 2021. Owned by...


Workers At Rusal Mine In Guinea Declare Strike

Russian aluminium giant Rusal said earlier this week that a strike at its Compagnie des Bauxites de Dian Dian (COBAD) operation is illegal. Union leaders at COBAD said operations at the plant have come to a halt in protest of the working conditions and pay at the site. Union leader Yamoussa Bangoura told Reuters that […]

Guinean Government Seeks Bauxite Miners’ Plans For Domestic Alumina Refineries

The Guinean government last week asked companies operating bauxite mining operations to present plans for refining alumina within its borders by May of this year. The interim government that took power via coup in September has opted to take a harder line against foreign corporations mining in Guinea, reversing the previous government’s friendly attitude to […]

EGA Inks Bauxite Supply Agreement With Bosai Minerals Group

Emirates Global Aluminium PJSC (EGA) announced this week the signing of a three-year agreement with China’s Bosai Minerals Group to supply the firm with bauxite ore from its operations in the West African state of Guinea. EGA did not give specific details of the agreement, indicating only that it would supply “several million tonnes” of […]