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Bauxite news

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Top Stories
Canyon Resources strengthens governance ahead of first bauxite shipment
02 Jul 20262MINS
Canyon Resources Ltd has appointed Rory McGoldrick as a Non-Executive Director, effective  July 2, 2026, as the company prepares to begin mining and targets its first bauxite shipment in the fourth quarter of 2026. McGoldrick has about 20 years of experience in the energy and resources sector. His background includes executive leadership, corporate advisory, corporate law and capital markets. He is currently Chief Executive Officer of Triangle Energy (Global) Ltd, where he oversees the compan ...
Alcoa shares fall 5% as it unveils $4.1bn acquisition of South32 aluminium assets
02 Jul 20263MINS
American aluminium producer Alcoa Corporation’s acquisition of a portfolio of bauxite, alumina and aluminium assets from Australian mining company South32 has received a cautious reaction from investors. Since the announcement of an upfront transaction worth USD 4.1 billion, Alcoa shares (NYSE:AA) have dropped 4.7 per cent in pre-market trading. Closing at USD 47.48 per share, it reflected almost a 5 per cent fall.  Alcoa’s acquisition covers South32's stakes in the Boddington bauxite mine an ...

01 Jul 20263MINS
Alcoa has announced plans to acquire South32's major alumina, bauxite and aluminium assets in a transaction with an upfront value of approximately USD 4.1 billion, significantly expanding its upstream aluminium portfolio. Under the agreement, Alcoa will acquire South32's interests in the Boddington bauxite mine and Worsley Alumina refinery in Western Australia, the Hillside aluminium smelter and the idled Bayside smelter property in South Africa, as well as the Mineração Rio do Norte (MRN) ...
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