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 and Shandong discovers bauxite reserves in Darling Range, Western Australia
Potential bauxite reserves have been discovered at Darling Range tenements, Western Australia by Bauxite Resources and China’s Shandong. The new discovery made in the northern Darling Range and Wandering - Pingelly region is named "Dionysus" bauxite project . The Indonesian Government has put its...
Western Australia's bauxite mines may bring positive results for Abbott govt
‘Mini-mining boom’ – It is what the struggling Australian Government is looking for in the year 2014. When given a choice to them where they would want it to happen, their first choice would be undoubtedly Western Australia. Indonesia has supplied China with about 25% of bauxite and it has resulted...
Alumina Ltd stock gets mixed ratings
Alumina Ltd (AWC) is an Australian listed company which produces alumina, which is a commodity. Bauxite ore is refined to produce alumina, which is then smelted to produce aluminium. AWC is the lesser partner in a 60:40 joint venture with US alumina/aluminium giant Alcoa, called AWAC, for which AWC...
ALCOA not to seek further government assistance for its Point Henry smelter
ALCOA will not seek further government assistance for its troubled Point Henry aluminium smelter, dramatically increasing the chances of its closure this year and the loss of 500 more jobs in Victoria's manufacturing sector. The company revealed yesterday that neither state nor federal aid was...
Portland smelter jobs safe, says Alcoa
Jobs at Portland Aluminium are in the clear after Alcoa ruled the south-west smelter out of a review process into it’s troubled Point Henry site near Geelong. Point Henry workers will know in March what the company will do with the smelter, which received a Commonwealth bailout in 2012 that’s set...
Decision on Pt Henry smelter in March
More than 500 workers at Geelong's Point Henry aluminium smelter will find out in March whether they will keep their jobs, as Alcoa decides on the plant's future. The US global aluminium giant confirmed on Tuesday that a decision on the smelter's future would be made by the end of March. Alcoa...
High summer power costs put jobs at risk as Boyne aluminium smelter forced to cool off
Soaring summer Queensland electricity prices are severely impacting on the Gladstone based Boyne Smelter with output to fall and 1100 jobs at risk. Talks with the State Government and electricity suppliers have failed to find a solution to the dilemma and the company admits it is at a loss to...
Smelter's competitiveness hurt as production is reduced
A large amount of aluminium business would be taken away by competitors from Queensland due to Boyne Smelter Ltd's three-month production cutback. The smelter will be producing 14,000 tonnes less than usual from January to the end of March. The decision to reduce aluminium production has stemmed...
China’s Bauxite imports tumble in Nov on imminent Indonesia’s export ban
China’s bauxite imports tumbled in November as Indonesia’s export ban loomed large, Shanghai Metals Market has learned. Inbound shipments were 5.37 million tonnes last month, surging 48.7% year-on-year, but down 23.0% month-on-month. Imports throughout the first eleven months totaled 65.53 million...
Environment Minister urges Queenslanders to recycle Christmas waste
Environment Minister Andrew Powell has urged Queenslanders to give the environment a special Christmas present this year by recycling as much Christmas waste as possible. “Christmas is a time of giving, and on Christmas morning we love nothing more than unwrapping presents,” Mr Powell said. “Don’t...
Morgan Advanced Materials Produces Plasma Cavity for ANU
Morgan Advanced Materials, a leading supplier of high purity Alumina custom-made, high precision ceramic components, provided a prototype plasma cavity for the Helicon Double Layer Thruster (HDLT), a new gas plasma space engine for use on satellites being developed by the Australian National...
Australian bauxite miners are pinning their hopes on a new market in China
Australian bauxite miners are pinning their hopes on a turnaround in the struggling industry, with a new market likely to open up in China. Indonesia has long satisfied China’s growing hunger for bauxite to feed its aluminium smelters, which has prevented Australian companies from entering the...
Qld Alumina fined over destructive aerosol release
A central Queensland refinery has been fined more than $100,000 for releasing damaging aerosol spray last year. Queensland Alumina Limited (QAL) pleaded guilty in the Gladstone Magistrates Court to allowing the release of caustic aerosol spray from its refinery in November 2012. The spray damaged...
Rio Tinto reveals it will close Gove alumina refinery in Northern Territory by July
Rio Tinto has revealed that its Gove alumina refinery in the Northern Territory will be closed by July next year, throwing more than 1,000 people out of work. The mining giant today briefed its 1,400 refinery workers on the timeline for the shutdown. In a statement, federal Industry Minister Ian...
Gove calls for government assistance as alumina refinery closure looms
The Federal Government is coming under increased pressure from the Northern Territory for offering a rescue package for Holden workers in southern states while doing little to help people hit by the looming closure of the Gove alumina refinery. Territory Labor MP Warren Snowdon says while he...
Shorten expecting blame for $50b deficit
Opposition Leader Bill Shorten says he expects Labor to be blamed by the government for an anticipated 2013/14 budget deficit of $50 billion. When the midyear financial review is released on Tuesday, it is being tipped that an extra $20 billion will have been added to Treasury's independent...
Rio Tinto pressed for details of Gove alumina refinery closure as Nhulunbuy braces for impact
Senior union officials are in Nhulunbuy in the Northern Territory to press Rio Tinto to clarify details about shutting down the Gove alumina refinery. Rio Tinto announced last month that it would be mothballing the refinery next year. Australian Manufacturing Workers Union national secretary Paul...
Australian Bauxite to benefit from Indonesia's planned mineral export ban
No one is getting too excited just yet, but there is a chance that Indonesia of all places may be about to do Australia a big favour -- more particularly, our tin, nickel and bauxite producers. Like the rest of the mining sector, all three could do with a bit of early Christmas cheer. Apart from...
