Dubai Firm Soliciting Funds to Develop US$8 Bln Bauxite Mine in Guinea
A resources firm based in Dubai has been in negotiations with certain trading houses to begin development of Guinea’s bauxite...
Guinea
Compagnie des Bauxites de Guinée Reaches Agreement for US$1 Bln Loan to Increase Production
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...
Iran Seeks US$10 Billion to Revive Domestic Aluminium Industry
The government of the Islamic Republic of Iran is in search of a US$10 billion investment to help it kick-start...
Guinea Government Says Single Bauxite Mine Could Increase Domestic Production by 25%
United Kingom’s Alufer Mining Limited is planning to produce 5 million metric tons of bauxite in the Republic of Guinea...
Events
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 ...
