Russian aluminum giant United Company RusAl said Monday it was considering establishing a bauxite and alumina processing complex in Indonesia.
Media quoted representatives of Indonesian mining company Antam as saying earlier Monday that there were plans for a joint project with UC RusAl to set up a plant in the southeast Asian country at a cost […]
Russia-based Rusal, which already owns a 20 per cent stake in Gladstone’s Queensland Alumina (QAL), is actively investigating establishing a refinery and smelter in the state as part of its stated expansion plans.
It comes as Russian companies actively increase their presence in Australia, Russian steel giant Magnitogorsk Iron and Steel Works notifying the Federal Government […]
The Australian reported that BHP Billiton is in talks to take up a 25% stake in a A$615million (US$733million) bauxite mine and alumina refinery in India`s eastern Orissa province. The deal would be BHP Billiton`s first project in India.
It also reported that Zinifex Ltd and its Belgian partner Umicore Group are believed to have appointed […]
Reserves of uranium have been found in the west African country of Guinea by Australian mining company Murchison United NL, Guinean Mines and Geology Minister Ahmad Kante announced.
The discovery resulted from analysis of samples taken from the Firawa site at Kissidougou 600 kilometres (400 miles) southeast of the capital Conakry, the minister told an AFP […]
Japan is feeling the heat over sharply rising prices for non-ferrous metals, especially rare metals, which are used in a wide range of high-technology products.
Global competition is intensifying for non-ferrous metals, including copper and lead, as well as for such energy resources as oil, natural gas and uranium. Prices have risen sharply in recent years […]
State-owned smelter Dubai Aluminium (Dubal) will not be able to start a $3.6 billion bauxite alumina project in the Indian state of Orissa in 2009 due to bureaucratic issues, a Dubal official said yesterday.
“Due to the bureaucratic shape in Orissa and negotiations and papers we have to go through, there will be a delay on […]
The Democratic Republic of the Congo aims to not only revive its traditional copper sector, but diversify by exploiting potentially huge iron ore and bauxite deposits, Mining Minister Martin Kabwelulu said on Monday.
“Diversification of production is a key strategy,” he told a base-metals conference in Namibia.
The Democratic Republic of the Congo was once one of […]
Rio de Janeiro-based CVRD (NYSE: RIO) is in talks with international steelmakers to bring new steel projects to Brazil, CFO Fábio Barbosa told analysts and investors in a presentation Thursday.
Barbosa was speaking in São Paulo during an event promoted by finance industry trade group Apimec.
CVRD has a 10% minority stake in the under-construction CSA steel […]
Metallica Minerals Limited said on Friday that top Chinese tin producer Yunnan Tin Group’s unit in Australia had agreed to buy a 5 percent stake in it for A$5.9 million ($4.0 million).
The unit would buy 5.38 million shares in the Australian firm, which invests in Nornico and Lucky Break nickel projects in the country.
The company […]
United Company RUSAL, the world`s largest aluminium producer, is considering mining the raw material bauxite in Mozambique, Interfax news agency reported, citing a Russian government official.
Officials from RUSAL held discussions in December about developing bauxite reserves in the African country, Interfax quoted Mikhail Kamyshin, official representative of Russia`s foreign ministry, as saying.
He was speaking ahead […]