Latest Bauxite News

Metro Mining has secured shareholder approval for a 1-for-20 share consolidation, cutting its shares on issue from over 6.1 billion to roughly 307 million. The move aims to streamline the capital structure and attract broader investor interest.

Arrow Minerals Limited continues to hold its Guinea operations in suspension as it awaits formal government clarification on the status of key exploration tenements, with no new fieldwork conducted and cash reserves tightly managed.

Metro Mining’s latest JORC update reveals a 69.6 million wet tonne Ore Reserve at Bauxite Hills, reflecting 8.1 million tonnes mined in 2025 with no new resource additions. The high-grade bauxite operation continues as a direct shipping ore mine amid rising silica content concerns.

Alcoa Corporation reported a sharp rise in first quarter 2026 net income to $425 million, driven by higher aluminium prices and a completed smelter restart, even as alumina production and shipments declined due to seasonal and external disruptions.

Canyon Resources advances its Minim Martap Bauxite Project with trial mining underway and first ore shipment set for Q3 2026, while navigating executive departures and solidifying funding.

PT Aneka Tambang Tbk (ANTAM) reported a historic financial year in 2025, with revenue up 22% and net profit more than doubling to Rp7.92 trillion, driven by strong domestic demand and operational efficiency. The company also navigates evolving Indonesian mining regulations and ongoing legal challenges as it invests in downstream nickel projects.

Resolute Mining and Guinea’s state-owned Nimba Mining Company have signed a landmark MoU to jointly explore and potentially develop gold projects, marking a significant step in Guinea’s mineral diversification.

Canyon Resources has mobilised its surface miner to the Minim Martap site, targeting first bauxite production in early Q2 2026 and shipment by Q3, fully funded despite a failed equity raise.

ABx Group has secured partnerships in two major Australian Government R&D initiatives aimed at advancing rare earths refining and exploration technologies, accelerating development of its ionic clay rare earth project in Tasmania.

ABx Group has discovered new high-extraction ionic rare earth zones at its Deep Leads project in Tasmania, accelerating the path to production within months of approval. This breakthrough enhances the project's commercial viability with rare earths critical for green technologies.

Metro Mining has delivered a remarkable turnaround in 2025, posting record shipments and profits, while announcing a strategic share buy-back and debt extension to underpin future growth.

Alcoa of Australia has partnered with the federal government to overhaul the environmental approvals process for its Western Australian mining operations, committing $55 million to conservation efforts and securing operational certainty through 2045.