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RUSAL plans to develop the largest bauxite deposit and alumina refinery in Guinea
04 FEB 20133MINS

RUSAL plans to develop the largest bauxite deposit and alumina refinery in Guinea

Within six years, UC RUSAL plans to develop the largest bauxite deposit in Guinea and to build an alumina refinery. These plans surprised the experts, since the company already has a plant there, the Friquia, which is sitting idle. Professionals in the field think alumina production in Russia, made...

Rio extends gas deadline for Gove Alumina refinery
04 FEB 20133MINS

Rio extends gas deadline for Gove Alumina refinery

MINING giant Rio Tinto has extended its deadline for the Northern Territory government to find a supply of gas to power the company's loss-making aluminium refinery in Arnhem Land, the NT's largest private enterprise. Chief Minister Terry Mills will now make a last-minute dash to Europe in a bid to...

Struggle for gas continues to keep Gove refinery running
03 FEB 20133MINS

Struggle for gas continues to keep Gove refinery running

Last-ditch efforts are underway to persuade Rio Tinto to maintain production at its Gove alumina refinery in Australia after talks with potential gas suppliers to reduce costs ended without a resolution. Rio Tinto subsidiary Pacific Aluminium has said if it can't run the 2.5 million tonnes-per-year...

Fitch revises Clarendon Alumina Production outlook to negative
31 JAN 20132MINS

Fitch revises Clarendon Alumina Production outlook to negative

Fitch Ratings has affirmed Clarendon Alumina Production Limited's (CAP) foreign and local currency Issuer Default Ratings (IDRs) at 'B-'. Fitch has also affirmed CAP's USD200 million 8.5% unsecured notes due November 2021 at 'B-/RR4'. The notes continue to be supported by an explicit unconditional...

Rio Tinto says Cyclone Oswald hit alumina output
30 JAN 20131MINS

Rio Tinto says Cyclone Oswald hit alumina output

Rio Tinto said on Wednesday that it was producing alumina in Australia's Queensland state at lower rates following heavy rains and flooding caused by ex-tropical cyclone Oswald. Rio said production was temporarily suspended at its Yarwun alumina refinery due to record rainfall around the Gladstone...

Nhulunbuy residents plan rally to save Gove alumina  refinery
28 JAN 20132MINS

Nhulunbuy residents plan rally to save Gove alumina refinery

People in the remote Northern Territory town of Nhulunbuy are planning a rally on Wednesday to show resources giant Rio Tinto Ltd, that "they matter". With Rio's self-imposed deadline of January 31 for a report on the viability of their Gove alumina operations, people in the satellite town of...

Nhulunbuy town braces for Gove refinery news
24 JAN 20133MINS

Nhulunbuy town braces for Gove refinery news

The Northern Territory outback town of Nhulunbuy is facing a devastating blow, as a government bid to save an alumina refinery may be too little too late. Nhulunbuy, a satellite town of the Gove alumina refinery and bauxite mine, has been waiting anxiously for news of whether mining giant Rio Tinto...

Bottlenecks may upset Utkal Alumina production deadline
24 JAN 20132MINS

Bottlenecks may upset Utkal Alumina production deadline

The Utkal Alumina International Limited (UAIL) may miss its March-end deadline to start production at its plant as tribals have set development of the area as a precondition to allow bauxite mining in the area. Many official criteria also need to be fulfilled. The UAIL, a subsidiary of Kumar...

Bauxite mining in Cameroon to start between 2018 and 2019
22 JAN 20131MINS

Bauxite mining in Cameroon to start between 2018 and 2019

Negotiations for ore mining, says the source, "continued normally" between the government and Emirati companies Dubal (UAE, 45% of the capital), Hindalco (India, 45% of the capital) and Hydromine (United States, 10% of the capital). The government has awarded two exploration licenses to operators...

Apex court defers hearing in Niyamgiri mining case
22 JAN 20132MINS

Apex court defers hearing in Niyamgiri mining case

Vedanta Aluminium (VAL), a unit of Vedanta Resources, will have to wait for two more weeks after the Supreme Court on Monday deferred the hearing on Niyamgiri bauxite mines in Odisha's Kalahandi district. The apex court deferred hearing for two weeks due to non-submission of affidavit by the Union...

Hindalco to acquire Novelis' alumina refinery  in Brazil
21 JAN 20132MINS

Hindalco to acquire Novelis' alumina refinery in Brazil

Hindalco Industries, the metals flagship of the Aditya Birla Group, today said it has finalised arrangement for acquiring alumina refinery and bauxite mines in Brazil from its wholly-owned subsidiary Novelis as part of corporate reorganisation plan. "Hindalco Industries has finalised its...

Hindalco Odisha refinery start delayed to March
17 JAN 20132MINS

Hindalco Odisha refinery start delayed to March

Non-ferrous metals producer Hindalco Industries plans to start its 1.5 million tonnes per annum (mtpa) alumina refinery in Odisha by the end of March 2013, a company official said on Wednesday. The plant, in Odisha's Rayagada district, was scheduled to start operations in January, but has been...

Gas plan for Gove Refinery to cost taxpayers $900m
16 JAN 20133MINS

Gas plan for Gove Refinery to cost taxpayers $900m

Rio Tinto says it is too expensive to keep using heavy fuel oil as a power source and has threatened to shut its alumina refinery on the Gove peninsula, 600km east of Darwin. Rio's subsidiary Pacific Aluminium wants taxpayers to provide a $900 million gas pipeline over 600km from Katherine to Gove....

Nalco yet to consider  Vedanta's offer to buy alumina  at a premium
16 JAN 20132MINS

Nalco yet to consider Vedanta's offer to buy alumina at a premium

After its alumina refinery at Lanjigarh was shut due to lack of bauxite, now operations at Vedanta’s aluminium smelter in Odisha have been hit by shortage of alumina. Time and again, Vedanta Aluminium Limited (VAL) has asked National Aluminium Company Limited ( Nalco), which has surplus alumina, to...

Union rural development minister disappoints Vedanta team in bauxite supply issue
14 JAN 20132MINS

Union rural development minister disappoints Vedanta team in bauxite supply issue

Union rural development minister Jairam Ramesh categorically told a team of Vedanta Alumina Limited (VAL) officials on Sunday he is not the forest and environment minister and that he cannot do anything to help them mine Niyamgiri hills in Lanjigarh. The team, led by VAL chief operating officer...

Over 500 labours staged demonstration demanding resumption of bauxite supply to Vedanta
13 JAN 20131MINS

Over 500 labours staged demonstration demanding resumption of bauxite supply to Vedanta

A demonstration was staged at Rayagada in Orissa to demand an immediate resumption of bauxite supplies to Vedanta's alumina refinery at Lanjigarh to protect the livelihood of thousands of people. The demand was made after a peaceful protest Thursday by over 500 labours who staged a demonstration at...

 Supreme Court stays Bombay High Court order charging Vedanta Aluminium
09 JAN 20132MINS

Supreme Court stays Bombay High Court order charging Vedanta Aluminium

The Supreme Court has put on hold a Bombay High Court order asking Anil Agarwal-controlled Vedanta Aluminium Ltd (VAL) to deposit Rs 187 crore with it as security in an arbitration case involving a Chinese firm. A two-judge bench on Tuesday granted the stay on a special leave petition (SLP) filed...

Rio considers closing Gove alumina refinery
07 JAN 20133MINS

Rio considers closing Gove alumina refinery

The fight to save nearly 1600 Rio Tinto aluminium jobs in the Northern Territory is dangerously close to being lost after the government admitted negotiations had stalled. Mining giant Rio Tinto's subsidiary Pacific Aluminium said on Monday that it was considering shutting its loss-making Gove...