New bauxite mine for Guinea

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.

After months of talks, Canyon Resources and the government of Cameroon have reached an agreement to developing the Minim Martap bauxite project paving the way for rail transport to begin.

Completion of several Australian mining and associated infrastructure projects has been marked by initial shipments of major resources.

Emirates Global Aluminium of the UAE is developing a new 12 Mtpa bauxite mine in Guinea, at a total cost of US$1.4B. The Guinea Alumina Corporation (GAC) project is scheduled to come into production by the end of next year, and is now 50% complete.

In one of the few new mining projects in Africa, Channel Islands-registered Alufer is expected to produce 5 Mtpa of bauxite in Guinea by 2017.

Bullion Monarch Mining (BULM) has announced its acquisition of the Niquelandia bauxite project located near the town of Niquelandia, Goias, Brazil.