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
Job cuts likely at BHP’s Worsley alumina plant in WA
BHP Billiton has flagged possible job cuts at its alumina operation in Western Australia following the completion of a major expansion last year. The organisational structure at the Worsley operation is under review, including the number of workers needed to support production, a spokeswoman said...
Rusal warns of investment risk
RUSSIAN aluminium giant Rusal has slammed the investment climate for value-adding minerals processing, saying the key advantages Australia once enjoyed around energy and sovereign risk were being destroyed. “The industry in Australia is faced with development hurdles that pose significant...
Tomago Aluminium to release industrial land
TOMAGO Aluminium has announced plans to release 300 hectares of industrial land near its Tomago smelter in a development to be known as the Hunter Corporate Park. Tomago Aluminum’s property manager and project director Andrew Mackenzie said the $80 million project would generate between 2500 and...
Bauxite Supply crunch in China may cause export boom in Australia
Ian Levy, CEO at Australian Bauxite Limited is expecting that the loss of China’s largest bauxite supplier will mean big gains for Australian producers of bauxite. China, the biggest base-metal consumer, saw a plunge in bauxite imports after a January export ban by Indonesia in order to limit ore...
Jobs fear after Bell Bay aluminium smelter posts $25 million loss
The Bell Bay aluminium producer has reported a big loss for 2013 after warning it would have to reduce staff unless it was exempted from the Renewable Energy Target. Rio Tinto Aluminium (Bell Bay), holder of the investment in the Bell Bay smelter, reported a $25 million loss for 2013. The result,...
NZAS considering appeal grounds
Tiwai Point operator New Zealand Aluminium Smelters (NZAS) is reviewing ''the implications'' of an Employment Court decision, upholding a ruling that it must pay $19 million to workers shortchanged over 23 years of lieu day entitlements. NZAS, whose majority shareholder is Australian mining giant...
Smelter requesting for concessions on RET
The coalition over Renewable Energy Target (RET) faces new pressure as one of the aluminium smelters warns of sacking their workers without making any major changes to employee scheme. A key regulator has even warned that it is hitting the consumers with unnecessary costs. During the RET review...
Recycling around 33,000 old mobile phones can get you 3665 aluminium cans
According to Rose Read, recycling manager at MobileMuster at Bega Valley, Australia, there are 32,999 old, broken or unused mobile phones stored in homes, offices and garages. “Every Australian needs to take responsibility for their contribution to our ever mounting e-waste problem and this World...
Indigenous company gains ground in Arnhem Land mining bid
An Indigenous-owned company has come one step closer to developing a bauxite mining operation in eastern Arnhem Land. The Northern Land Council approved an exploration application from the Gulkula Mining Company, a subsidiary of the Gumatj Corporation, at its bi-annual meeting in Katherine this...
BHP Billiton creates new company for its aluminium section
BHP Billiton, leading global resources company as a part of its internal business reformation created a new aluminium firm through the Australian securities regulator. The creation mainly comes as a part of BHP’s board and management decision to spin off the noncore asset into new firm worth $20...
Alumina Limited looks positive after a 35% share price surge
Alumina's primary source of income is in the form of dividends received from its investment in AWAC. The past few years have been anything but pleasant for shareholders in Alumina. In 2008 the company earned A$202 million, however in the years since then the returns have been US$300,000, US$36.7...
Alcoa announces $10 million funding for Geelong and Yennora
Alcoa today confirmed a $10 million contribution to the Geelong and Yennora communities to help stimulate new jobs and fund training programs in the regions. Alcoa today confirmed a $10 million contribution to the Geelong and Yennora communities to help stimulate new jobs and fund training programs...
Hydro decides on permanent closure of Kurri Kurri aluminium plant
Hydro has decided to permanently close its Kurri Kurri aluminium plant in Australia. Production at the plant ceased in 2012. After being in care and maintenance mode since 2012, the decision to permanently close the Kurri Kurri aluminium plant is allowing for remediation and redevelopment options...
MetroCoal ends Cape Alumina offer with majority stake
ASX-listed MetroCoal’s takeover offer for fellow-listed Cape Alumina closed on Tuesday, with the company gaining a 57.22% shareholding in the takeover target. MetroCoal launched its takeover of Cape Alumina in March, offering shareholders 0.6c a share in cash. The offer was accepted by some of Cape...
University of Western Australia, & Alcoa of Australia join hands to do research on transforming bauxite residue into healthy soils
The research found that adding a combination of green waste compost and fertiliser to the bauxite residue sand improves its rehabilitation potential and its capacity to support plants Researchers from The University of Western Australia, working with Alcoa of Australia, are breaking new ground on...
Sydney Metal Fabrications offer aluminium and steel balustrades
Sydney Metal Fabrications has added balustrades to their extensive fabricated products range. Sydney Metal Fabrications’ expansion into the balustrade industry follows its entry into the cut-to-size steel segment with sister company Sydney Steel Supplies last year. The new division, Smart...
Bauxite Resources Limited quarterly activities and cash flow report
Bauxite Resources Limited has broadened its focus from pure exploration to include expansion exploration and mining development appraisal of bauxite within its extensive tenement holding in Western Australia's Darling Range, the largest bauxite and alumina-producing region in the world. Currently...
AMMG updates on its South West HPA (High Purity Alumina) Project, Western Australia
AMMG updates on its South West HPA (High Purity Alumina) Project, Western Australia HPA Optimisation Test Work Underway • AMMG engaged specialist consulting engineers to conduct ‘optimisation test work’ on the process flowsheet developed by AMMG; • Test work aims to identify areas of potential...
