LEB plans to restart bauxite production in Ivory Coast
2023-03-03 08:22:37 [Print]
BEIJING (Asian Metal) 3 Mar 23 - Lagune Exploitation Bongouanou (LEB), the only bauxite producer in Ivory Coast, plans to restart production from early April, targeting around 100,000tpm, a source from the company reported to Asian Metal.
"We plan to restart operation from early next month and might produce 100,000t next month," said the source, who had been out of production over the past two years. With the strengthening demand from China, they decide to restart production and lately exported one vessel with over 60,000t respectively in late January and early February. The first vessel is scheduled to arrive China in the middle of March.
Based on the annual production capacity of 2 million tonnes, they mainly provide bauxite Al2O3 48%min SiO2 5%max and hold no stock now
Current prevailing prices for bauxite Al2O3 47%min ReSiO2 5%max stand at USD65-67/dt CIF China, down by USD0.5/dt from one week ago. Indonesia would ban bauxite export from this June, so bauxite producers from Africa increased production.
"We plan to restart operation from early next month and might produce 100,000t next month," said the source, who had been out of production over the past two years. With the strengthening demand from China, they decide to restart production and lately exported one vessel with over 60,000t respectively in late January and early February. The first vessel is scheduled to arrive China in the middle of March.
Based on the annual production capacity of 2 million tonnes, they mainly provide bauxite Al2O3 48%min SiO2 5%max and hold no stock now
Current prevailing prices for bauxite Al2O3 47%min ReSiO2 5%max stand at USD65-67/dt CIF China, down by USD0.5/dt from one week ago. Indonesia would ban bauxite export from this June, so bauxite producers from Africa increased production.
