Alcoa prices $2.6b senior notes for South32 bauxite, alumina and aluminium deal
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
85% recycled aluminium: Recorp raises the bar for sustainable beverage cans
Aluminium cans are under the spotlight among consumers and beverage manufacturers looking for more recyclable packaging, with the material already holding a strong circularity position against plastic and glass. Recorp tunes it further with ReCan85, an aluminium beverage can containing 85 per cent...
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China alumina imports surge 83.69% in Dec. 2014 on pre-holiday stocking
China imported 638,600 tonnes of alumina in December 2014, spiking 83.69% from a year ago, customs data showed. Stock building for the Chinese New Year holiday in February is the major driver behind the notable growth in imports, SMM noted. Purchases from Australia spiked 81.96% year-on-year in...
China’s bauxite imports from Australia peak at 1.87 million tons in Dec. 2014
China’s bauxite imports from Australia peaked at 1.87 million tonnes in December 2014, underscoring the country’s role as top supplier after Indonesia banned exports. Rising alumina production in China and growing alumina consumption from aluminum smelters boosted demand for bauxite, SMM...
Weston Aluminium calls for lifting of CSG restrictions to avoid mass job losses
A Hunter Valley aluminium waste recycling plant is warning of mass job losses in the manufacturing sector if the New South Wales Government does not ease restrictions on coal seam gas (CSG) activity. Weston Aluminium says the viability of its remelting plant has already been eroded by rising gas...
Metro Mining shows promise for 2015
Metro Mining, the new company that has emerged after MetroCoal Ltd acquired Cape Alumina, is all fired up for development in 2015 with the appointment of a new CEO, a new Director and the doubling of the direct shipping ore inferred resource at its Bauxite Hills project. The combination of the two...
Refinery workers leaving Nhulunbuy as free rent transition period comes to an end
The last of the former bauxite refinery workers on the Northern Territory's Gove Peninsula are leaving the remote town of Nhulunbuy this week. Mining giant Rio Tinto, which owns the now disused refinery, has confirmed a rent-free transition period for employees who lost their jobs at the refinery...
China’s alumina imports surged again in December
China’s aluminium imports continue to surge, rising another 44% from the previous month and 83.7% from last year importing a total of 638,586 tonnes of alumina in December, according to the latest customs data. Australia, one of China’s biggest suppliers, alone contributed 399,121 tonnes in...
Alcoa of Australia refuses to be tempted by bauxite boom
Rising demand for Australian bauxite has not tempted Alcoa of Australia to join the export rush, with the aluminium giant saying it would prefer to create local jobs by turning Australian bauxite into finished products. Bauxite prices rose strongly in 2014 and are expected to rise again in coming...
China’s bauxite purchases from Australia climb 75% to record
China’s bauxite imports from Australia rose 75 percent to a record in December, underlining the country’s role as top supplier after Indonesia banned exports in January. Purchases jumped to 1.87 million metric tons from 1.07 million tons in November and 1 million tons a year earlier, customs data...
Worsley refinery output rises by 3% in Q4 2014
The Worsley refinery located in Western Australia saw a 3% increase in alumina production in the fourth quarter of 2014 compared to the previous year while BHP Billiton, who owns 86% stakes in Worsley has had an overall 13% quarter-on-quarter rise in alumina output in the fourth quarter of 2014 to...
Bauxite resources limited positive export DSO bauxite scoping study results received for 100% BRL Fortuna Project
Highlights • Existing Mineral Resource and rail logistic chain can support a Direct Shipping Ore (DSO) production target rate of 3Mtpa for a 12 year mine life • FOB operating cash costs estimated at A$30 (US$26) per tonne excluding royalties and landowner compensation* • A$26M capital expenditure...
Rio Tinto releases robust fourth quarter production performance
Rio Tinto chief executive Sam Walsh said “We have had a successful year of production, capped off with a robust fourth quarter. Output is in line with our targets across all of our major products. In a challenging market Rio Tinto remains focused on operating and commercial excellence to leverage...
Altech optimises beneficiation process for its meckering deposit
Altech Chemicals Limited is pleased to announce that as part of the current Bankable Feasibility Study (BFS) for its high purity alumina (HPA) project, it has optimised the proposed beneficiation process for the Meckering aluminous clay(kaolin) deposit. The results of the optimisation program...
Alcoa’s good results likely to boost Alumina's performance
With US aluminium production giant returning to profit with the Q4 results, the price of aluminium has seen a boost which has benefitted the Australian based company named Alumina. Alumina is in fact directly affected by Alcoa’s results as the two of them jointly own Alcoa World Alumina and...
Metro Mining doubles DSO bauxite resources in Queensland
Metro Mining has more than doubled direct shipping ore Inferred Resources at its Bauxite Hills Project in Queensland to 47 million tonnes at 51.5% alumina. This follows the company estimating an Inferred Resource of 24.9Mt at 51.7% alumina for the BH1 deposit. Bauxite quality work has also...
Queensland Bauxite retains consultant for environmental and mining lease work
Queensland Bauxite has retained Northern Resource Consultants (NRC) to provide environmental consultancy services for the South Johnstone Bauxite Project in Queensland. This follows the company delivering in late December 2014 an initial Indicated JORC 2012 Resource and a revised Scoping Study....
New South Wales to introduce rewards system to boost recycling
New South Wales is getting ready to adopt the container deposit scheme aping South Australia which offers people some monetary returns for recycling bottles and aluminium cans. NSW Premier Mike Baird and State Environment Minister Rob Stokes had sent out a letter addressed to the National Packaging...
Chinese alumina imports dip by 40.9% in November year-on-year
The latest Chinese custom data reveals that the country’s month-on-month alumina imports in November have gone up by 63% to 443,326 tonnes although when compared to November 2013, the imports have fallen 40.9%. Brazil is one of the major suppliers, exporting 98,400 tonnes of alumina which is twice...
China’s bauxite imports from Malaysia has grown 14 times since March
After the Indonesian bauxite export ban, China has imported nearly 14 times more bauxite form Malaysia in November as compared to March. In March, 48,594 tons of bauxite was imported from Malaysia, a month earlier it was 640,200 and in November it rose by 6.1% to 679,287 tons says the data from...
