Sinohydro Group to Begin Bx Development in Ghana
12/11/19 | Bauxite
Cnal News 5th November: According to a report in the Ghanaian News, the Ghanaian government and Sinohydro Group Limited reached an agreement regarding a bauxite development project with a total value of USD 2 bln in July 2018. Sinohydro Group Limited is to provide infrastructure construction, including roads and bridges,…
Large Commodity Deals for Chalco and SPIC
Shanghai Nonferrous Metals News At the second China International Import Expo in Shanghai, Chalco and its member companies signed commodity purchase agreements worth RMB 19 bln with 14 international suppliers for copper concentrates, bauxite and coal -all raw materials needed for Chalco’s production of copper ingot, alumina and primary aluminium.…
Kebo Energy to Develop Bx Project in Guinea
11/11/19 | Bauxite
Ministry of Commerce The Ministry of Mines and Geology of Guinea has reviewed and approved the feasibility study report for a bauxite mining project for Kebo Energy. Kebo Energy has been granted a prospecting certificate for bauxite deposits located across the borders of Gaoual, Telimele and Boke Prefectures in Boke…
Tiangui Al Using Imported Bx
Asian Metal News Jingxi Tiangui Aluminium, designed with 800 ktpy alumina capacity in Phase I, started to use imported bauxite in October. Guangxi Tiangui started trial operations in late October with its November bauxite consumption expected at approximately 200 kt. According to a company spokesman, ‘Our first shipment of 180…
China September Bx Imports 6.75 mln t
06/11/19 | Bauxite
Alu News China imported 6.75 mln t of bauxite in September, down by 1.89 mln t from 8.64 mln t in August, having declined over two consecutive months. China imported 1.79 mln t of bauxite from Guinea in September, slumping by 1.85 mln t from 3.64 mln t in August,…
Bx Prices on the Rise in Shanxi
01/11/19 | Bauxite
Asian Metal News Local bauxite supply began tightening in early October, which together with pre-stocking activities of local alumina refineries (which began in mid-October) has further shored up bauxite prices in Shanxi. At present, bauxite prices for A/S 5.0 grade stand at RMB 540/t, up RMB 30/t w-o-w, with an…
Domestic Bx Inventory on the Decline
30/10/19 | Bauxite
Asian Metal News Domestic bauxite inventory has dropped further on tightening supply after mines in Henan and Shanxi halted mining in response to stricter environmental requirements in place since early October. At present, bauxite with A/S 5.0 grade is being quoted at RMB 490/t and that with A/S 4.0 grade…
China September Bx Imports at 6.75 mln t
29/10/19 | Bauxite
China September Bx Imports at 6.75 mln t SMM News 27 October, SMM: China imported 6.75 mln t of bauxite in September down 21.86% m-o-m and down 2.08% y-o-y. China’s total bauxite imports during the first nine months of 2019 reached 78.13 mln t, up 26.79% y-o-y. Australian surpassed Guinea…
Domestic Bx Supply Remains Tight
15/10/19 | Bauxite
Alu News Aladdiny: Domestic bauxite supply remains tight after the National Day Holiday (1~7 October). In Shanxi, bauxite supply contracted further, with prices climbing by RMB 20/t m-o-m, driven by resumption plans of Jiaokou Xinfa and Jinzhong East Hope. At present local bauxite prices are RMB 475~505/t delivered without tax…