Gujarat Mineral Development Corporation seeks partners for alumina, limestone ventures

State-owned Gujarat Mineral Development Corporation (GMDC) is planning to seek joint venture partners in alumina and solar plants, as part of a diversification plan. GMDC over the last one year has been trying to improve the performance across bauxite, power, limestone, manganese and its silica sand business that failed to grow as per their expectations. The miner […]

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Australia seen remaining world bauxite leader

Australia’s bauxite production is seen growing over the next few years thanks to expansion plans by Rio Tinto and Alcoa, allowing it to remain the world’s largest producer, according to Fitch Solutions. Rio Tinto is the largest bauxite producer in Australia and reported production of 54.3 million tonnes (mnt) from all its mines for 2021, […]

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UAE’s EGA inks 3-yr Guinea bauxite supply deal with China’s Bosai

United Arab Emirates (UAE)’ Emirates Global Aluminum (EGA) said it has signed a three-year deal to supply China’s Bosai Group with “several million tonnes” annually of bauxite from Guinea. Bauxite, the main aluminum ore, is refined into alumina, which is then used to make aluminium metal. China is the world’s biggest aluminum producer and Guinea […]

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Shifting away from coal mining, Chhattisgarh state experiments with developing forestry flora

For decades, mining has eaten into the forests of mineral-rich Chhattisgarh. But as the state moves away from opening coal mines, authorities have introduced measures to boost output of forest goods – from tamarind to cashew nuts and medicinal seeds. In the forests of Bastar in Chhattisgarh, women have been busy plucking the tan-coloured fruits […]

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Captive mines can now sell half their minerals in open market; govt removes end-use curbs to lure investments

The mines ministry has amended the mineral auction rules to remove end-use restrictions for mines to be allocated in future through the competitive bidding route, a move that is expected to enhance production and attract private investments into the sector. “The state government shall not reserve any mine for captive purpose or any specific end […]

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