Cape Alumina Pty Ltd., part owned by Chinese aluminium group Chiping Xinfa Huayu Alumina Co Ltd., has gained approval to look further afield for bauxite in Australia, underscoring China’s hunger for the raw aluminium-making material outside its borders.
Cape Alumina is prospecting in Australia’s bauxite-rich Cape York region, where world No.2 miner Rio Tinto Ltd./Plc. also […]
Alcan announced that it has signed a Heads of Agreement with Saudi Arabian mining company Ma’aden to develop a proposed US$7-billion integrated aluminum “mine-to-metal” project including bauxite mining, alumina refining, power generation and aluminum smelting. Alcan would hold a 49-percent stake in the project and would provide technology and operating management support, with Ma’aden holding […]
ALUMINA’S shares were up nearly 4 per cent yesterday after its international partner, Alcoa of the U.S., made a $32.5 billion bid for its main competitor, Alcan of Canada.
If the Alcoa bid is successful - and analysts were yesterday resurrecting the idea that both Rio Tinto and BHP Billiton were possible spoilers who could well […]
Residents of Port Loko district are reported to have wept bitterly after receiving shocking news from the Project Manager and Chief Geologist of the Port Loko Bauxite Project, Ebo Bakker that they are suspending operations in Sierra Leone as a result of the non-renewal of their exploration license.
The Port Loko Bauxite project is managed by […]
Alumina Ltd said it expects long term alumina prices to be underpinned by rising capital costs for constructing new refineries, as well as growing demand and the availability of bauxite.
Chairman Don Morley told Alumina’s annual general meeting that construction costs for alumina refineries have increased substantially.
“For example, recent expansions of alumina refineries outside China have […]
BHP Billiton on Friday announced the acquisition of a 33.3% interest in Global Alumina’s Sangaredi Refinery Project in Guinea, West Africa, for a consideration of $140m.
The project comprises the design, construction and operation of a 3Mtpa alumina refinery, 9Mtpa bauxite mine, and associated infrastructure.
A mining concession covering 690km has been secured and a mineral resource […]
Finding enough bauxite sources to feed the upcoming aluminium smelters in the Gulf will be a challenge as the region begins to emerge as a major producer of the metal. Availability of cheaper energy has encouraged new investment in aluminium production in the region.
Power is responsible for roughly one-fourth of a smelter’s operating costs, while […]
Guinea, the world’s number one bauxite expor-ter, says it is with-drawing agreements made with a U.S. oil company and a Russian-managed bauxite producer as part of a planned review of minerals contracts.
The withdrawals were announced in a government statement read on state television Sunday.
They referred to a production-sharing contract with American oil company Hyperdynamics and […]
Research and Markets (http://www.researchandmarkets.com/reports/c54388) has announced the addition of “Alumina Refining Industry in the U.S. and its Foreign Trade (1996-2008)” to their offering.
This industry report focuses upon the Alumina Refining industry. This U.S. industry comprises establishments primarily engaged in refining alumina (i.e., aluminium oxide) generally from bauxite.
China holds large reserves of metal deposits but the quality of most of the deposits is low, state media reported on Wednesday, citing preliminary survey results from the country’s geological institutes and resource agencies.
China plans to complete an assessment of the country’s mineral resources and set up a mining plan for some provinces in 2007, […]