TBEA to Invest USD 1.15 bln on Hydropower in Guinea
29/04/19 | Bauxite
Finance News 29th April: TBEA (Tebian Electric Apparatus) announced that the company’s controlling subsidiary, TBEA Shenyang Transformer Group Co., Ltd., will invest a total of USD 1.15 bln in the construction of the Amalia Hydropower Station in Guinea with its investment in Amalia Hydropower Development Co., Ltd. Located downstream of…
Global Bx Capacity to Lift by 23.82 mtpy in 2019
25/04/19 | Bauxite
Fubao News Thanks to new bauxite projects gradually coming online in Guinea, India and other regions across the world, global bauxite capacity is expected to increase by 23.82 mtpy in total, indicating ample supply for 2019. In China, domestic capacities of both alumina and primary aluminium are unlikely to grow…
SPIC Restarts Kuancaoping Bx Mine Development at Ningwu Shanxi
22/04/19 | Bauxite
China Nonferrous Metals News 20th April, Shanxi Aluminium Co. Ltd. (a subordinate of SPIC Group) has restarted the Kuancaoping bauxite mine development project at Ningwu Shanxi. Kuancaoping is one of the bauxite mines that have been allocated to Shanxi Aluminium, with a mining permit initially granted in 2004. Construction of…
Domestic Bx Prices Decline
02/04/19 | Bauxite
Aladdiny News This week (25~29 March): Domestic alumina prices continued their downward trend during the week, seeing transaction prices in the northern market falling under RMB 2,700/t and bearing down upon domestic bauxite prices. In addition, February’s single-month bauxite import record of 8.89 mln t is indicative of increased usage…
