It has long been assumed that global aluminium industry normally goes through a seven–year itch during its growth cycle intervened by 2-3 years of depression. The present depression in the market which started about 2 years after the ‘not so great’ global financial crisis of 2008-09, seems to have overstayed its ‘unwelcome’. Whatever significant capacity growth […]
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At the last count, around 16% of the global bauxite production has been reported to have been produced by the African mining industry. The rich reserve of African bauxite mostly concentrated in Guinea, Ghana, Nigeria, Cameroon and Sierra Leone is, of late drawing considerable attention of the global alumina-aluminum industry. Ghana Ghana reports the 3rd […]
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It’s an irony that some of the poorest countries in the world posses richest bauxite reserves. Africa, though poorly explored as of date, does posses some of the richest reserves of Gibbsitic bauxite. The known reserves are mostly concentrated in Guinea, Ghana, Jamaica and Sierra Leone but there are vast areas lying between tropic of […]
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One single fact that is hugely influencing the Chinese and International aluminium market is Indonesia’s imposition of tax on the export of raw minerals from the country, especially bauxite. Indonesia has zeroed on the partial ban on exports of all kinds of raw minerals from the country from 6th May and has imposed strict export […]
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