Abu Dhabi government investment agency Mubadala Development said it plans to join state-run Dubai Aluminium to create a company to buy stakes in bauxite mining companies and develop reserves of the ore.
The two companies will set up Emal International to look at acquisitions or developments in countries such as Algeria, Morocco and India, Mubadala’s chief [...]

Martial law in Guinea has forced the world’s biggest bauxite exporter, Compagnie des Bauxites de Guinee (CBG), to halt mining activities and deliveries of ore to the Kamsar port, company officials said on Wednesday.
Guinea, which holds a third of the world’s bauxite reserves, has been gripped by a wave of violent protests against President Lansana [...]

Nickel hit a new record high of $35,700 a tonne on Wednesday as supply jitters resurfaced, while aluminium softened despite market fears of a potential squeeze, analysts said.
Aluminium for three-month delivery on the London Metal Exchange eased to $2,678 a tonne from Tuesday’s $2,681 close, while nickel ended up more than 5 percent at $35,500 [...]