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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Australia's Origin says manufacturing closures won't hurt power demand
Origin Energy Ltd, Australia's biggest energy retailer, expects little impact on power demand from a string of closures of car plants and an aluminium smelter, as new gas liquefaction plants would take up the slack. Only if newer, larger aluminium smelters were shut would there be a big hit to...
Alumina Ltd swings back to profit
Alumina Ltd has swung back to profits but warned that the market conditions for aluminium will remain challenging throughout this year. Last year, Alumina made a net profit of $US500, 000, a much better turnaround compared to its $US55.6 million loss in 2012. At the same time the joint venture of...
AWU and Rio Tinto make a new workplace deal
The AWU says they have got into a workplace agreement with Rio Tinto and it shows how the union of the both is “able to move with the times”. The agreement was made after years of hostilities between these two leading parties over conditions at the Bell Bay aluminium smelter of Rio. The agreement...
Bauxite and Alumina Market in the World to witness 2.8% CAGR Through 2017
In 2012, the worldwide bauxite production reached 263,000 tonnes, registering a 1.3% YoY increase. In the same year, the overall alumina supply volume stood at more than 92,000 tonnes, recording just a 0.7% YoY increase. Australia, China, Brazil, Indonesia and India were the top five bauxite...
Bell Bay Aluminium smelter cuts costs and keeps it local
Sadly in the past few years when Bell Bay Aluminium has featured on the program it’s been about struggles with worldwide costs, a high Australian dollar and jobs losses. They’ve all been attempts to try and cut costs and keep the doors of the biggest employer in the region open. This week the news...
Alcoa to close Point Henry Aluminum Smelter and Rolling Mills in Australia
Alcoa today announced it will permanently close its Point Henry aluminum smelter and two rolling mills in Australia. The smelter and an adjacent rolling mill are located in Geelong, Victoria. The second mill and a recycling facility are located in Yennora, New South Wales. The smelter will close in...
No decision on closure of smelter, says Alcoa
Alcoa says no decision has been made to shut its aluminium smelter at Geelong, and will tell employees if the Point Henry plant will continue to operate by the end of March. A cloud hangs over the smelter's future, with $40 million of government assistance granted by the federal and Victorian...
Bauxite Resource Company updates on market developments and company strategies
Bauxite Resources Limited has recently listed their achievements they have made in the year 2013 in the company’s newsletter. The company thinks the momentum in 2013 has helped them to reach more milestones towards starting bauxite’s commercial export from Western Australia. Bauxite resources held...
HVG Graphics Media launch 'VIEWpanel' their new aluminium composite panel
HVG Graphics Media launches their new aluminium composite panel – VIEWpanel. VIEWpanel is a high quality aluminium composite panel specifically designed for signage and printing applications in both interior and short term exterior environments. Key applications include flat sheet signage...
Alcoa might announce closure of Geelong plant
Alcoa might announce the closure of its aluminium plant at Geelong soon, which may cost jobs in hundreds. This is causing fear among the 700 full-time workers of the Point Henry smelter as they are waiting for this annoumcement. ‘‘I’m very pessimistic about what that announcement will be,’’ said...
Worsley's major expansion reaches capacity
THE major expansion of operations at BHP Billiton Worsley Alumina is now officially complete with the refinery reaching its nameplate capacity of 4.6 million tonnes per annum. The major milestone has been reached in Worsley’s 30th year of operations in the South West, with celebrations planned to...
Federal Court dismisses legal challenge to Rio Tinto mining lease
The Federal Court has rejected a legal challenge to a mining lease agreement between Northern Territory based Aboriginal traditional land owners and the mining giant Rio Tinto. In 2011, a 42-year lease agreement was approved by the Federal Government over land used for East Arnhem Land based Gove...
Rio starts the process of refinery shutdown
Rio Tinto, the mining giant, will shut down its alumina refinery on Gove peninsula in Arnhem Land. This is a part of their five-month operation that will finally result in closure of the plant by August. Last week the plant had distributed almost 90 redundancy notices. It has been scheduled that...
Bauxite Resources publishes Quarterly Activities Report
Bauxite Resources Limited continues to focus primarily on the exploration and evaluation of bauxite prospectivity in BRL's extensive tenement holding in Western Australia's Darling Range, the largest bauxite and alumina producing region in the world. Currently the Company and its joint Venture...
AMMG appoints consultants to produce High Purity Alumina samples
Australia Minerals and Mining Group Limited announces that it has appointed specialist process consultants to produce commercial samples of its high purity alumina (HPA) product and to conduct test work to optimize AMMG's process flow sheet. Batch test work will initially be required in order to...
AusGroup unit signs a 2 year contract with BHP Billiton's refinery in Australia
AusGroup's subsidiary MAS Australasia, which provides scaffolding and associated services for construction and maintenance projects in the mining, oil & gas, infrastructure and commercial sectors, has been awarded a contract to service mining giant BHP Billiton. It clinched a two year deal, with an...
Alumina Limited gets a 'Buy' Rating
Investment house Deutsche Bank has rated Bauxite and aluminium investor Alumina Limited as a ‘Buy’, following the release of more than expected fourth quarter results, a report in Australian Financial Review says. Alumina Limited owns a 40% share of Alcoa World Alumina & Chemicals (AWAC), the...
Rio Tinto announces record production for bauxite and thermal coal in 2013
Mining company Rio Tinto has had a record year for bauxite and thermal coal production. Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and...
