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December 2016
29 December 2016
A roundup of the year's main events in the global bauxite and alumina industry.
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28 December 2016
A roundup of the year’s main events in the global oilfield minerals industry.
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23 December 2016
Trading activities wind down this week ahead of the festive season with most industrial minerals prices unchanged, although chromite prices increased again as buyers are keen to secure 2017 supplies.
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23 December 2016
Deliveries of some industrial minerals have been delayed as container shipping companies are giving priority loading to higher-value cargo. Minerals suppliers are reportedly having to pay higher freight rates in order to secure space for prompt shipment.
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22 December 2016
The takeover is aimed at strengthening Vesuvius’ division of Steel Flow Control, and was funded through existing financial resources.
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22 December 2016
The moratorium on bauxite mining is due to exceed one full year as the country’s authorities remain firm on reducing existing stockpiles of the material following an unregulated mining frenzy in previous years.
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21 December 2016
The country has banned bauxite mining for 11 months now, although the latest inspections appear to show high outstanding inventories of the mineral. The ban, which is due to last until 31 December, might now be renewed into 2017.
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21 December 2016
In response to harmful smog levels in Tianjin city, China, the local government has imposed mass restrictions on motor vehicles. The transport disruption is expected to hit industrial minerals deliveries as Tianjin is one of the main export routes from China.
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20 December 2016
The latest deal signed means the company will supply a total 2.2m tonnes bauxite to customers across China in 2017. Bauxite will be sourced from its Huntly mine in Western Australia.
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19 December 2016
Lower production of bauxite, magnesite and coal dragged down India’s mining and quarrying index in October.
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19 December 2016
Environmental efforts on the part of local authorities have led to the closure of 85 highly-polluting factories in the city, as the industry is pushed to transition to cleaner energy sources.
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19 December 2016
Gerd Schubert will take over both roles and help to implement the RHI-Magnesita merger.
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16 December 2016
The massive fused alumina production shutdown in China has lifted spot prices and the unexpected wave of output disruption has caught buyers by surprise, as many have not finalised supply contracts for Q1 2017 deliveries.
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15 December 2016
Industrial Minerals proposes to change the frequency of refractory-grade bauxite and fused alumina price assessments.
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15 December 2016
Oil prices rallied following an announcement by OPEC that it would set a production limit of 32.5m bbl/d.
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15 December 2016
CEO tells investors future is bright as Q3 results saw the company's expansion strategy pay dividends. The refractories market remains weak, however.
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13 December 2016
The Norwegian aluminium producer has replaced its interim head of the bauxite and alumina department of the group.
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12 December 2016
Breakthrough Energy Ventures will finance clean energy breakthroughs with zero carbon emissions.
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12 December 2016
The industrial minerals group is seeking to expand its offering of speciality materials for the construction, infrastructure and refractories industries by joining forces with cement maker Kerneos, which owns operations in four continents.
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09 December 2016
Anti-pollution related production shutdown in China has yet to impact spot bauxite and brown fused alumina prices, while iodine prices remained low as producers undercut offer to battle for market shares.
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09 December 2016
Some provincial governments in China have taken extreme measures to combat heightening air pollution levels in the region by enforcing additional production shut downs in Henan and Shanxi. Although many buyers have yet to be hit by this latest output disruption, many are expecting price hikes in refractory minerals due to the supply shortage.
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07 December 2016
Monthly rig counts were up in almost every region globally, while US rig counts showed positive growth for the fourth week running.
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06 December 2016
Since OPEC's agreement last week to curb oil output, oil prices have rallied to one-year highs. However, November production figures indicate another rise in output from the organisation.
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05 December 2016
Minerals trading has been increasingly impacted by volatility in freight rates and tight availability of cargo over the last few months against a situation of flatness in raw material prices.
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05 December 2016
The two companies will combine their respective bauxite reserves which are expected to exceed 95m tonnes of the ore.
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02 December 2016
The company aims to start developing its kaolin quarry in Western Australia in 2017 to supply feedstock to its proposed high purity alumina production facility in Malaysia.
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02 December 2016
Magnesia prices unchanged amid concerns of further decline, chemical-grade chromite rises and lithium annual 2017 contracts started to conclude following lengthy negotiations. Bauxite, fused alumina prices held unchanged despite more anticipated production shutdowns.
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02 December 2016
More refractory minerals production shutdowns are anticipated amid warning of heightening pollution level around Beijing. Despite the supply disruption, spot prices of bauxite and brown fused alumina remained unchanged amid weak demand.
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November 2016
30 November 2016
The downturn in the oil and gas sector has caused a shift away from ceramic proppants as E&P firms look to increase productivity and lower costs. IM spoke to Preferred Sands’ Michael O’Neill, who believes a number of these trends are here to stay.
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29 November 2016
The latest events on the economic and political front including the Brexit vote in the UK and the election of Donald Trump as US president have brought virtually no change to day-to-day business for minerals operations so far.
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29 November 2016
The ceramics and flame retardants producer continued to see growth in its end markets as it passed a decade of being publicly listed.
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28 November 2016
The publication of Industrial Minerals’ price assessments will be affected by the Christmas holidays.
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25 November 2016
White fused alumina spot prices rose amid higher raw material cost, but increases in China are steeper compared with elsewhere as continuing environmental pressure restricted output amid stronger domestic demand.
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24 November 2016
China, India and Italy posted growth in their steel volumes for the month, while the US, Germany, Spain and Brazil were down against last year.
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23 November 2016
The ASX-listed company is developing a kaolin deposit in Western Australia, which it plans to use as feedstock to produce 4,000 tpa HPA in Malaysia. Altech’s recently commissioned report has indicated that demand growth in the sector will enable the market to absorb its additional planned output as the company takes advantage of higher activity in Li-ion batteries and LEDs.
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23 November 2016
The minerals supplier, which recorded strong performance in consumer goods and construction despite weakness in steel and paper, is on track for meeting its net income target for the year.
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21 November 2016
Bauxite output in the country fell in September while magnesite and chromite increased.
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17 November 2016
The board of the junior bauxite miner sees Metro Mining’s offer as a better deal against a previous buyout offer by Moly Mines.
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14 November 2016
An slight increase in the world steel capacity utilisation rate in September and a drop off in Chinese exports boosted the Indian refractory maker’s bottom line.
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14 November 2016
The company, which is in the process of merging with European refractory maker RHI, was affected by a downturn in steel output in its main exporting markets, while earnings improved against last year.
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09 November 2016
Moly has put forward a higher cash option and a cash plush share option as it seeks to come out on top against rival Metro Mining on the buyout of junior bauxite developer Gulf Alumina – a deal which is crucial for Moly’s shares to resume trading on the ASX.
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07 November 2016
Industrial Minerals proposes to delist all Shanxi-origin bauxite specifications as of next week, and replace the listings with four new grades.
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04 November 2016
Titanium dioxide producers continue to look for price increases while graphite, bauxite and fused alumina prices held unchanged and lithium carbonate and hydroxide 2017 contract offers show a wide range.
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04 November 2016
Despite weak seasonal demand, Chinese-origin bauxite and fused alumina prices have held unchanged so far in November as higher productions costs continue to support the market.
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01 November 2016
The developer aims to relist the company on the ASX through the acquisition of the Gulf Alumina bauxite project at Skardon River, Australia.