Grow with
AL Circle

KNOW MORE
Departing BHP chief Marius Kloppers considers investing on Worsley alumina plant a big mistake
25 FEB 20133MINS

Departing BHP chief Marius Kloppers considers investing on Worsley alumina plant a big mistake

Departing BHP Billiton chief executive Marius Kloppers says the worst mistake of his 5 1/2-year tenure was not to do with acquisitions but a decision to pour billions of dollars into the Worsley alumina plant south of Perth. "We spotted a technological change in aluminium and we made a great...

Supreme Court of India reserves judgment on Niyamgiri mining case
24 FEB 20131MINS

Supreme Court of India reserves judgment on Niyamgiri mining case

The Supreme Court on Thursday concluded hearing in Niyamgiri mining case. But the court has reserved its judgment. The apex court has concluded hearing on Thursday. All parties have been asked to submit their written arguments by Monday. The court is expected to pronounce its order in few days,...

Alumina, nickel hit BHP profit
24 FEB 20133MINS

Alumina, nickel hit BHP profit

BHP's aluminium and nickel division recorded a widening loss of $US285 million in underlying earnings before interest and tax in the half - down from a $US66 million loss a year earlier - the worst performance of any division. Further, impairments of $US1.5 billion after tax against the Worsley...

Precision Light and Air Pty Ltd offers process analyzers for alumina plants
19 FEB 20132MINS

Precision Light and Air Pty Ltd offers process analyzers for alumina plants

Precision Light and Air Pty Ltd specializes in in-line process analyzers for direct insertion into pipes and tanks for the alumina industry where high scale and erosive process is the norm. • Slurry liquor phase density meters for caustic concentration in clear liquors and slurries. • In line steel...

RSB seeks long-term bauxite supplies
18 FEB 20132MINS

RSB seeks long-term bauxite supplies

RSB Metaltech Ltd, part of the Odisha based RSB Group, has sought long-term bauxite supply for its 0.70 million tonne per annum alumina refinery proposed at Rayagada. “Considering the mega investment and the corresponding socio-economic development for the state arrangement of sourcing of bauxite...

Vedanta Aluminium seeks bauxite linkage from non-forest reserves
18 FEB 20132MINS

Vedanta Aluminium seeks bauxite linkage from non-forest reserves

Vedanta Aluminium Ltd on Friday told Odisha government's inter-ministerial committee headed by finance minister Prasanna Acharya that bauxite reserves in non-forest area can be utilized to meet the needs of its one million tonne refinery, which has been shut down since December 5 due to...

Odisha government to discuss alumina refinery issue with VAL tomorrow
18 FEB 20132MINS

Odisha government to discuss alumina refinery issue with VAL tomorrow

Odisha government has called Vedanta Aluminium for a meeting tomorrow on supply of bauxite to the company's closed alumina refinery in the state amidst several representations by local people to reopen the plant. The meeting has been called by a high-level ministerial committee, which was set up...

Vedanta Aluminium seeks bauxite to reopen Lanjigarh refinery
17 FEB 20131MINS

Vedanta Aluminium seeks bauxite to reopen Lanjigarh refinery

The Vedanta Aluminium Ltd (VAL) on Friday asked the state government to allot small bauxite deposits for its defunct Lanjigarh refinery to resume operation. The VAL chief operating officer (COO) Mukesh Kumar made a presentation here to highlight the refinery's plight and possible solution to the...

Rio Tinto moves closer to Pacific Aluminium listing
14 FEB 20131MINS

Rio Tinto moves closer to Pacific Aluminium listing

Rio Tinto Ltd has established a team of high-profile business personalities to oversee a potential $2 billion listing of its Pacific Aluminium business, including the struggling Gove alumina refinery in the Northern Territory, according to The Australian. While Rio has not made a decision regarding...

Worried community meets CM on Vedanta closure
14 FEB 20131MINS

Worried community meets CM on Vedanta closure

The community affected by the closure of the Vedanta alumina refinery at Langigarh met Chief Minister Naveen Patnaik during his recent visit at Biswanathpur in Kalahandi district urging him to intervene in the plant closure issue. Three delegations representing members of displaced families, people...

Vedanta struggles for Bauxite linkages
13 FEB 20131MINS

Vedanta struggles for Bauxite linkages

Vedanta Aluminium, a unit of Anil Agarwal-owned London-listed Vedanta Resources, is still struggling for bauxite linkage even after it was forced to close down its one million tonne refinery two months ago due to non-availability of bauxite - the key raw material used to produce alumina. The Naveen...

Nhulunbuy celebrates as Gove refinery stays open
13 FEB 20133MINS

Nhulunbuy celebrates as Gove refinery stays open

The outback town of Nhulunbuy is celebrating after global miner Rio Tinto Ltd promised to keep open its loss-making alumina refinery. Rio subsidiary Pacific Aluminium says it will keep open the giant Gove refinery, following a deal with the Northern Territory government to convert the diesel-fed...

Rio Tinto decides to keep Gove refinery open
12 FEB 20131MINS

Rio Tinto decides to keep Gove refinery open

Rio Tinto PLC (RIO) said it will keep a loss making alumina refinery in Australia's remote Northern Territory open as it finalizes a deal with the local government to supply cheaper natural gas to the operation for the next decade. Rio Tinto had been due to decide on the future of the Gove refinery...

Bauxite Resources Limited appoints New CEO
11 FEB 20132MINS

Bauxite Resources Limited appoints New CEO

Bauxite Resources Limited is pleased to announce the appointment of Mr Peter Canterbury as its new Chief Executive Officer (CEO) and Executive Director. Mr Canterbury joins Bauxite Resources from Sundance Resources Ltd., where he has been the CFO for the past six years. He played a critical role in...

Australia Commits Gas Supply for Rio's Gove Alumina Refinery
11 FEB 20132MINS

Australia Commits Gas Supply for Rio's Gove Alumina Refinery

Australia’s Northern Territory government committed to supply gas to Rio Tinto Group’s Gove alumina refinery after the world’s second-biggest mining company said it may shut the plant due to high fuel oil costs. “The Northern Territory government has now guaranteed a gas supply for the Gove...

Hindalco Q3 updates
08 FEB 20132MINS

Hindalco Q3 updates

Hindalco Industries may post muted growth in December quarter as it is still in the midst of ramping up production at its Hirakkud plant in Orissa, say analysts. According to a CNBC-TV18 poll, the Aditya Birla Group company is expected to witness 10.1%, quarter-on-quarter jump in sales to Rs 6730...

Northern Territory gas plan to be considered on Monday
08 FEB 20132MINS

Northern Territory gas plan to be considered on Monday

The Northern Territory cabinet to decide on Monday whether the government should release gas to Rio Tinto Ltd in a bid to save an outback town. In a statement from London on Thursday, NT Chief Minister Terry Mills said he was continuing negotiations with Rio Tinto managing director Sam Walsh as he...

Rio refinery closure would strip $400m from NT economy
06 FEB 20133MINS

Rio refinery closure would strip $400m from NT economy

Rio Tinto's loss-making aluminium refinery in Arnhem Land should be shuttered, according to an internal review, with the expected loss of up to 1500 jobs and devastating effects on the regional economy. An investment review committee recommended Rio immediately move to mothball the refinery on the...