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...
Grow with
AL Circle
Rio Tinto to approve $5.1b Qld bauxite mine
Rio Tinto expects its $US4.8 billion ($5.1 billion) South of Embley bauxite project near Weipa in Queensland to deliver returns comparable to its lucrative Pilbara iron ore operations, and is likely to approve its development this year, UBS analyst Glyn Lawcock said. Mr Lawcock tips South of Embley...
Federal Government under internal pressure to scrap Renewable Energy Target costs for aluminium industry
More than a quarter of the Federal Government's lower house MPs have signed a petition calling for aluminium production to be exempt from the Renewable Energy Target. Twenty-five Coalition backbenchers have signed the letter, which has been sent to Industry Minister Ian Macfarlane and Environment...
Australian Bauxite : Former Tasmanian Premier appointed Chairman
Paul Lennon has been appointed Chairman of Australian Bauxite Limited following the retirement of Mr. John Dawkins AO at the recent AGM. Mr. Lennon is a passionate Tasmanian and takes up the mantel of Chairman at a time when ABx has identified three mines in northern Tasmania and production planned...
Queensland Bauxite looks to feasibility study, off-take at South Johnstone
Queensland Bauxite has returned more positive test results on bauxite from its South Johnstone bauxite project with total alumina ranging from 32% to 38%. South Johnstone represents a new potentially high grade bauxite region, remarkably close to established infrastructure. Significantly, an...
Intercept Minerals to progress Rio Tinto bauxite farm-in off Northern Territory
Intercept Minerals continues to progress a farm-in by Rio Tinto into its Tiwi Islands bauxite project off the Northern Territory. Under the agreement, Rio will spend $5 million over 4 years to earn a 75% operating interest in the project. This is subject to a number of pre-conditions including, the...
China turns to India, Australia to fill gap for bauxite
China’s imports of bauxite from India and Australia increased in May as buyers in the biggest consumer of commodities sought to fill the gap caused by Indonesia’s ban on shipments. Bauxite shipments from Australia rose 21 percent from April to 1.24 million tons. Indonesia accounted for more than 10...
Hydro aluminium trafo strip within a week
Being in the business for 30 years, Hydro holds the leading market position and is the most experienced partner for all big producers of electric transformers across Europe, increasing shipments to manufacturers overseas, notably in the Middle East, South America and Australia. The top product is...
Bauxite Resources Limited Fortuna Resource upgrade delivers higher grades
Bauxite Resources Limited announces a resource update for the Fortuna bauxite deposit in the Darling Range, Western Australia. BRL retains 100% beneficial interest to the bauxite. The resource is located on two private landholdings (farms) located ~60km north east of Perth, and 10km from the...
Bauxite Resources launches scoping study at Fortuna
ASX-listed junior Bauxite Resources has launched a scoping study on its Fortuna direct shipping ore (DSO) bauxite project, in Western Australia. The scoping study would investigate a mine-to-port development to support a three-million-tonne-a-year operation at Fortuna, and would likely be completed...
Release of Cape York Regional Interests map supports Cape Alumina’s focus on Bauxite Hills
On Friday 13 June the Queensland Government commenced the Regional Planning Interests Act 2014 by proclamation and also made the Regional Planning Interests Regulation 2014. This legislation establishes the approval process for resource activities in areas of regional interest. Maps outlining the...
Bauxite Resources' shareholders to get capital return
Bauxite Resources will return $0.04 a share to shareholders by way of a capital return from its $42.1 million cash reserves as at 31 March 2014. It is subject to shareholder approval but unlikely to brook any opposition. Even after the capital return there would be a $31 million cash balance post...
Queensland Bauxite Ltd shares set to soar
Despite rising 367% over the past month, junior explorer Queensland Bauxite Ltd is set to soar again today. In pre-trade moves, the shares are expected to open up another 45% at 6.1 cents. The reason for the price move is that recent exploration results have confirmed that the company has a...
Queensland Bauxite requests a trading halt for results of material exploration
The Australian Stock Exchange has placed the shares of Queensland Bauxite in a trading halt on the company’s request in relation to the material results on the company’s bauxite project located in north Queensland. The trading halt will last till 13 June, 2014 until any announcement is made or...
Significant cost savings identified by high purity alumina (HPA) integrated plant study
Australia Minerals and Mining Group Limited announces the successful completion of an integrated plant study (Study), which was based on the kaolin to high purity alumina (HPA) process flow sheet specifically researched and developed by AMMG. The Study was conducted by AMMG’s specialist engineering...
Queensland Bauxite expected to have a breakthrough in Australian bauxite
According to a report from Proactive Investors Australia, Queensland Bauxite expected to have a breakthrough in Australian bauxite. Queensland Bauxite has, over the past several months, been working away behind the scenes, building towards results that could catapult a $4 million microcap into...
Lincoln Electric releases two new aluminium MIG push-pull welding systems
Lincoln Electric Australia announces the introduction of two new aluminium push-pull welding systems targeting the truck trailer manufacturing and automotive repair markets. The POWER MIG 350MP trailer manufacturing One-Pak package includes all the components and wire needed by a fabricator for...
SMM’s Analysis of bauxite imports in April 2014
China imported a total of 1.58 mn mt of bauxite in the month of April, down by 76.59% YoY. China Customs said, YTD imports through the month of April were 14.47 min mt, down by 29.92% YoY. There was no information about Indonesian bauxite arriving in China in April and Australian bauxite imports...
Tomago Aluminium plans industrial park
Tomago Aluminium has announced plans to develop an industrial park adjacent to its smelter over 15 years. The Newcastle Herald reports that proposed 300 hectare industrial park would be opened in four stages, with economic modelling predicting the creation of 2,500 to 4,500 full-time jobs over this...
