If aluminium has a pressure point right now, it sits one step upstream of the metal itself - in alumina. China’s appetite for imported ore remains elevated, alumina markets diverge between regions, and disruptions in Guinea and Australia expose logistics risks. At the same time, tariffs and...
Alcoa’s proposed acquisition of South32’s aluminium assets in Australia, Brazil and South Africa is an important development for the global aluminium industry, particularly for South Africa’s primary aluminium production. Aluminium Federation of South Africa (AFSA) CEO, Muzi Manzi, said, “On July...
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Thousands of protesters, who are members of the Nigeria Labour Congress, on Monday protested the shutdown of Aluminium Smelter Company of Nigeria plant in the Ikot Abasi, Ikot Abasi Local Government Area, Akwa Ibom State. The protesters, who blamed the organisation’s Russian management for the...
Africa’s largest aluminium can manufacturer, GZ Industries is set to establish a plant in Kenya to grow the country’s manufacturing industry, officials said on Tuesday. The 100 million U.S. dollar GZI facility will be located on a 50 acre plot near Nairobi strategically well placed for the local...
ON Tuesday, BHP Billiton & National Union of Metalworkers of South Africa (NUMSA) met the 2nd time to discuss about the halting of smelting as well as associated services at the company’s Bayside aluminium smelter. Numsa has said there would be layoffs at KwaZulu-Natal facility that has a total of...
On March 18, Bazarbay Nurabayev, the chairman of the Geology and Subsoil Use Committee of Kazakh Ministry of Industry and New Technologies said the estimated resource of Kazakhstan is 809 mn tons. "The forecasted aluminum (bauxite) resources are estimated at 809 million tons," Nurabayev said while...
Anglo-Australian group BHP Billiton this week launched a project to support small-scale farmers in three districts of Maputo province, in the south of Mozambique, the group said. The initiative, which is funded by “BHP Billiton Sustainable Communities,” a project set up by the mining group to meet...
The Committee of Geology and Subsurface Resources Management under Ministry of Industry & New Technologies estimates that forecast reserves of bauxites are 809 million tons. "The forecast reserves of bauxites in Kazakhstan are estimated at 809 million tons. The reserves are mainly concentrated in...
President John Dramani Mahama has announced that government would soon come out with a declaration on the establishment of an Alumina industry. He said the establishment of the industry would not only add value to the production of bauxite for export, but would also create a number of job...
Bauxite-focused Canyon Resources has been granted a trading halt this morning, as the company prepares capital raising details. Canyon's shares are currently in pre-open. The company has entered into a joint venture to acquire up to an initial 75% interest in the Birsok bauxite project, which is...
Hulamin said the turnover of the group was helped by the improved performance from extrusions and depreciation of the rand. But the group faced potential supply ructions after BHP Billiton began consultations with their employees in its Aluminium SA business in January on halting of aluminium...
Maputo — The only bauxite mine in Mozambique, located at Penhalonga in the central province of Manica, is at risk of closing, for lack of a market for its product, reports Monday's issue of the Beira daily paper “Diario de Mocambique”. The managing director of the company, Mina Alumina, John Makle,...
Alufer Mining Ltd., planning to build a $305 million bauxite mine in Guinea, has started interacting with banks, commodity traders and private equity funds to develop their finance of Bel Air project. Danny Keating, the Chief Executive Officer wants to complete the financing of this project by this...
The National Union of Metalworkers of South Africa (Numsa) said on Monday that global mining giant BHP Billiton had not "officially" consulted it about the possible closure of parts of the Bayside aluminium smelter in the port of Richards Bay, in KwaZulu-Natal. On Friday last week, the world’s...
The African beer brand Skol has moved into Impact Bottles made by Ball Packaging Europe to market its Skol Platinum beer in Rwanda. The Impact extruded aluminium bottle is initially being launched on the growing African market, which is set to double in size over the next 10 years. The team behind...
On Friday, BHP Billiton, the Global mining group said it had already been in talks with its employees about possibly closing their operation at the Bayside aluminium smelter located in South Africa. This company move would result in downsizing of 450 employees. The company said the operation "has...
"The earth below South Africans’ feet may be rich in many minerals, but one element has always been missing – this nation imports 100% of the raw materials it needs to make aluminium. Savvy urban prospectors in Gauteng, however, have detected a mother lode of the metal spilling out of bars,...
Guinea signed an accord with a unit of Abu Dhabi’s Mubadala Development Co. to build an alumina refinery expected to attract an estimated $5 billion in foreign investment into the West African nation over eight years. Guinea, the world’s largest exporter of bauxite which makes aluminum, signed an...
Outgoing Nampak CEO Andrew Marshall said on Thursday that he had achieved his vision to cement Nampak in the African continent. Mr Marshall is to retire in March next year. Speaking about the group’s financial results for the year to December, which were released on Thursday, Mr Marshall said...
Kaluworks, a manufacturer of aluminium utensils and roofing sheets, has suffered a credit rating downgrade as the high level of debt on the company’s books weighs on its creditworthiness. South Africa’s Global Credit Rating company, which is authorised by the CMA to rate Kenyan firms, gave...
