ABC reported that the Northern Territory Government hopes a decision will be made this week on a plan to help save a Rio Tinto alumina refinery on the Gove peninsula in remote North East Arnhem Land. The Territory's Chief Minister said ...
Tags: Government, alumina refinery, Gove peninsula, North East Arnhem Land
Business Line reported that National Aluminium Co Ltd’s hopes of resumption operations at its bauxite mine have been dashed as the company has not got formal permission till Thursday. Work at its Panchpatmali mine in Koraput ...
Tags: Nalco, resumption operations, bauxite mine, Odisha
ABN Newswire reported that Australian Bauxite Limited has established a virtual data room in response to approaches made since its declaration of three state significant projects. All participants have been afforded equal access based on ...
PTI reported that the country’s largest aluminium maker Vedanta Aluminium is unlikely to start operations at its Lanjigarh unit in the near future as it is yet to secure bauxite supply to run the plant. Mr Mukesh Kumar President ...
Tags: aluminium, Vedanta Aluminium, company news, bauxite supply t
Even after 20 years and investments of over INR 5,000 crore, the 1.5 million tonne alumina refinery project of Utkal Alumina International Ltd a subsidiary of the Kumar Mangalam Birla’s Hindalco, is yet to see the light of the day. ...
Tags: alumina project, alumina, alumina refinery project, Utkal Alumina
PTI reported that state public sector unit Gujarat Mineral Development Corporation will set up a global centre on mining safety and automation in Gujarat. The centre which is likely to be established on a public private partnership ...
The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
Interfax reported that Russian Aluminum or Rusal and OJSC Rosenergoatom have signed a two year agreement on the supply of electric power at a price of three cents per kWh. A joint statement issued by the companies said that the contract ...
Tags: Rosenergoatom ink, Aluminum, Nuclear Power, Power supply
With so many moving variables in the rare earth space, how can investors evaluate investment opportunities? Siddharth Rajeev of Fundamental Research Corp. finds his top prospects by zeroing in on a specific material and tracking its growth ...
Tags: Rare Earth, Rare Earth Metals, rare earth export, Critical Metals
By Adam Currie — Exclusive to Rare Earth Investing News Investor focus shifted east this week as market speculators made it known that they believe China will boost rare earth output to take advantage of potential near-term price ...
Business Standard reported that National Aluminium Company has resumed bauxite excavation at its Panchpatmali (North-Central block) mines nearly a month after it shut down operation at the site following expiry of lease deed on November 16. ...
Tags: National Aluminium Company, mining, mineral, mining lease
A fortnight after closure of its one million tonne alumina refinery at Lanjigarh on December 5, Vedanta Aluminium Ltd said it will inform the Odisha labour department in two days on its plan to lay off employees. Mr Mukesh Kumar chief ...
Tags: alumina refinery, Vedanta Aluminium Ltd, lay off employee
Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report. The think-tank highlights the effects of a recent ...
Tags: Resource, miners, resource asset, bauxite
Reuters reported that Vedanta Aluminium Ltd is considering layoffs within two months at its alumina refinery in Odisha as hopes of an immediate revival of the plant fade. Mr Mukesh Kumar president of VAL told Reuters that "We don't know ...
Tags: Vedanta Aluminium Ltd, alumina refinery, layoffs, plant fade
Mr Eivind Kallevik has been appointed Executive Vice President and Chief Financial Officer for the Norwegian aluminium company Norsk Hydro ASA. The appointment of Kallevik, currently head of Finance in Hydro's Bauxite & Alumina business ...
Tags: aluminium, Norsk Hydro ASA, aluminium industry, company news