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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Bauxite Resources lifts grade, confidence level at Felicitas Project
Bauxite Resources has notched a significant increase in resource estimate quality for the Felicitas bauxite deposit in the Darling Range, Western Australia. The upgrade of the current resource estimate has resulted from the drilling of an additional 992 vacuum drill holes across the deposit, and...
Australian Bauxite rewarded the mining lease for Bald Hill Project
The mining lease for the Bald Hill Project near Campbell Town has been offered to Australian Bauxite and 30 new jobs are expected to be generated by the end of the year. The mineral deposits at Campbell Town and Ouse had been known to the Tasmanian mineral experts since 1942, while Australian...
Traditional owners sign agreement with ABD instead of Glencore for bauxite mining lease
The State Government in Queensland had almost finalized the bauxite mining lease for Cape York Peninsula with a major multinational company when the native title holders of the land discarded their decision to choose their own candidate. Glencore International had been deemed by the State...
Australian Workers Union demand 100% RET exemption
The Australian reports that the Australian Workers Union has called for a 100% exemption from RET from their current 90% and urged that the Renewable Energy Target be pushed back to 2022 from 2020. The paper reports that the delegates from the AWU aluminium will meet in a conference today and pass...
AMMG Targeting 3000 TPA High Purity Alumina (HPA) Production
Highlights : • Launch of Bankable Feasibility Study (BFS) targeting 3000 tpa HPA operation • Aiming become a dominant global HPA producer • Pilot plant test work to be completed at laboratory • BFS to be completed towards end of Q3 2015 • Subject to funding, in position to place long-lead orders...
PRIME Minister Tony Abbott visits indigenous bauxite mines at Arnhem Land
Prime Minister Tony Abbott recently visited indigenous bauxite mines operated by the Gumatj clan of Arnhem Land. Tension over bauxite mining on Gumatj and Rirratjingu country when it began in the 1960s prompted the land rights movement among the people there. It is a symbolic victory for Gumatj...
Cape Alumina recommends MetroCoal takeover offer
Cape Alumina directors have recommended that shareholders accept MetroCoal’s off-market takeover bid of 1 MTE share for every 1.3 CBX shares, in the absence of a superior proposal. The offer represents a 35% premium to the 20 day VWAP for each Cape share and the independent expert has concluded is...
AMMG to focus on HPA production following technical review
Australia Minerals and Mining Group Limited (AMMG) is pleased to announce it has a clear strategy and focus on becoming a high purity alumina (HPA) producer. In his first major undertaking since his appointment as Managing Director last month, Mr. Iggy Tan, a highly experienced mining executive and...
Bauxite Resources shares rise by 43.5%
Bauxite Resources shares have risen 43.5% to an intra-day high of $0.165 today from a close of $0.115 prompting the ASX to issue a price and volume query. In response, the company said it was unaware of any reason not already announced that could explain the recent trading. However, it noted that...
Queensland Bauxite is all set to produce the South Johnson Scoping Study in Sep-Oct
Queensland Bauxite is all set to present its Scoping Study by the end of September or in October on its South Johnstone Bauxite project. After Indonesia announced a ban on the export of its unprocessed mineral ores, the bauxite market has become open to new companies who can get launch their...
BHP’s retired high rank executive Alberto Calderon invests in Gulf Alumina
One of BHP Billiton’s high ranking executives, Alberto Calderon recently retired but instead of taking time off he is planning to team up with some experienced alumni from ex-rival firm Rio Tinto and begin working on a bauxite export project from the Cape York area. With aluminium demand on a high,...
Prima Resources to proceed with Bauxite Mine and Metals Facility at Manjimup WA
Prima Resources, a Bauxite Mine and Metal company based in Perth has announced that it is planning to bring a 1.0 MT/Yr Bauxite Mine & Metals Facility to the Manjimup shire in Western Australia in a move that would boost job opportunities in the region. Prima Resources provides a range of services...
New aluminium Hampton balustrades for cost effective alternative to timber
Absolute Balustrades introduces a cost-effective and low maintenance alternative to timber balustrades with the new Hampton style balustrades in aluminium. Constantly innovating to provide their clients with high quality balustrade solutions, Absolute Balustrades has designed the new aluminium...
China’s Guangdong imports 488,000 tonnes of Alumina in H1 2014
Inbound shipments of alumina to Guangdong in China totaled 488,000 tonnes during the first half of 2014, up 16.2% year-on-year, China Customs data showed. Average price of the imported material, however, was 2,259 yuan ($366) per tonne, down 2.8% from a year earlier. During the period, imports from...
Rio Tinto soars even as Yarwun palnt prepares for annual shutdown
Rio Tinto has announced a 21% hike in earnings to 5.1 billion while its Yarwun alumina site in Gladstone prepares for its annual shutdown. Yarwun and Qal, which had both been affected in 2013 by the ex-tropical cyclone named Oswald, are doing much better with the first half results showing a 9%...
Cape Alumina's Bauxite Hills unaffected by Queensland Government plans
Cape Alumina has revealed that the Cape York Regional Plan (CYRP), which was announced by the Queensland Government on 21 August 2014, will not affect the permitting or development of the company’s Bauxite Hills project. Cape Alumina will continue its development works for a Direct Shipping Ore...
More companies seek mining licences at Solomon Island
More foreign companies are seeking prospecting and full mining licences from the government, records from the Mining Department revealed. The records showed 25 companies have been issued with exploration licences and are currently on active prospecting. This number could increase after the Mines...
Tag Pacific to build a $4 million worth solar farm for Rio Tinto’s bauxite project
Tag Pacific has joined hands with First Solar Inc., a noted solar energy systems provider, to take up the assignment for building a solar power plant for Rio Tinto Alcan’s Weipa bauxite mine in North Queensland. This should improve Tag Pacific’s status in the market. The Weipa project is worth...
