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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Rio will expand in bauxite, cut costs in alumina, aluminium
Rio Tinto Alcan’s expansion plans are centred on its bauxite operations, while its focus in its alumina refining and aluminium smelting operations will remain on costs, Nigel Steward, senior vp of technology and supply chain said. ”In smelting and refining we are focused heavily on costs, and have...
Rio Tinto needs more time to consider NT Government's gas offer
Pacific Aluminium won't commit to the struggling Gove alumina refinery - claiming it now needs even more time to consider the NT Government's gas offer. The company's Canada-based chief executive Phillip Strachan flew into Darwin on Monday to hold crucial face-to-face talks with Chief Minister Adam...
New TONSON worm gearboxes now in cast iron and aluminium casing
TONSON Air Motors announces the availability of a new line of worm gearboxes in both cast iron and aluminium casing options. Introduced to their extensive range of industrial gearboxes, the new worm gearboxes now make TONSON Australia (SAMT) a complete one stop shop for all industrial gearboxes....
Glencore, Chinese Group bid to develop Australian bauxite mine
Glencore Xstrata Plc (GLEN) and China’s Australian Indigenous Resources Pty submitted proposals to Australia’s Queensland government to develop the Aurukun bauxite project in the northeast state. Queensland in April shortlisted a number of companies, including Rio Tinto Group, to develop the...
Rockwell Automation delivers TÜV Rheinland functional safety program across Australia
Rockwell Automation is committed to providing specialised TÜV Rheinland Functional Safety Program training to machinery engineers throughout Australia in the coming months. The TÜV Rheinland Functional Safety Program is the only global vocational training program in this area where knowledge and...
Appeal court sides with Alcoa over Apache
Aluminium giant Alcoa has had a win in its bid to recoup more than $100 million from gas producer Apache over the massive explosion at the Varanus Island plant in 2008. The disaster slashed the state's domestic gas supplies by about a third and dented its economy to the tune of an estimated $3...
Pressure on Rio Tinto as Gove gas offer cut again
Chief Minister Adam Giles has further reduced his offer of gas to power Rio Tinto's alumina refinery at Gove in the Northern Territory. Speaking at the South East Asia Australia Offshore Conference (SEAAOC) conference in Darwin, Mr Giles again justified reneging on the offer of 300 petajoules of...
Bauxite Resources shares rise after resource upgrade for the Fortuna bauxite deposit in WA
Bauxite Resources shares are set to rise today after increasing resources at its Fortuna bauxite deposit in the Darling Range, Western Australia by 47% to 39.5 million tonnes at 37.3% AI2O3. This comes as Chinese bauxite demand increases to 95 million tonnes by 2022 from the 38Mt in 2012, according...
Future of Gove alumina smelter affected by NT politics
The driving forces of NT politics – development and dependence – have been amply displayed via the issue of gas supplies for the Gove alumina operation. The owners of Gove have previously thrice rejected the option to pipe gas directly to the facility. Yet six months ago the operation (now owned by...
Alcoa Kwinana Refinery rolls on after 50 years
It has been a divisive part of Kwinana since it opened its doors 50 years ago. This month the Alcoa Kwinana Refinery produced its 75,000,000th tonne of alumina, coinciding with last month’s 50th anniversary since the plant began operation. The refinery opened in 1963 and was the company’s first...
MUA backs down over Alcoa's use of foreign crews
The Maritime Union of Australia has backed down on demands that the government block aluminium giant Alcoa from gaining a temporary licence to use a foreign-manned vessel to move cargo from its refineries in Western Australia to its smelter in Victoria. The MUA yesterday accused Alcoa of trying to...
Northline wins freight contract for Rio Tinto's Weipa bauxite mine
Northline has won a transport contract to move more than 5000 tonnes of freight annually for Rio Tinto's Weipa bauxite mine. According to the company the freight transported for the mine will be varied, with items moved including printer cartridges right through to capital pieces of equipment like...
China's bauxite imports rise to 3-month high in July
China’s imports of bauxite rose to a 3-month high in July as companies accelerated stockpiling of the raw material before Indonesia’s possible ban on exports. Inbound shipments surged by 370.9% year-on-year to 6.5 million tonnes in July, and totaled 39.2 million tonnes in the first seven months, up...
Alumina reports $33 million profit
Mining companies have been cheering the fall of the dollar, none more so than Melbourne-based Alumina, which has disclosed a $US30 million ($33m) annual profit before tax price sensitivity to just a 1c move in the US exchange rate. For a firm that has been struggling to break-even at best of late,...
Alumina minimises loss with cost cutting
Alumina has narrowed its first-half loss as the company's aggressive cost cutting began to bear fruit, and a higher US currency helped to trim production costs. Alumina, a refiner of the white granular material used to make aluminum metal, said its net loss in the six months through June was US$2.4...
Pacific Aluminium stalls discussions on Gove alumina refinery
Pacific Aluminium is stalling on discussions about the future of the Gove alumina refinery and won't meet the Territory Government until at least mid-September. In parliament yesterday, Chief Minister Adam Giles said he had requested a meeting "as soon as possible" to discuss the Government's...
Tomago upbeat despite the slowdown in aluminium industry
Tomago Aluminium believes it is well positioned to ride out the industry downturn after carrying out a restructure to cut costs. Last year around 100 jobs were axed at Tomago, around the same time the other Hunter smelter at Kurri Kurri was forced to shut its operations. One of Australia's largest...
Giles' visit to Gove depends on Rio Tinto
"The fate of Nhulunbuy continues to hang in the balance as the Northern Territory government and opposition trade barbs over who is responsible for the escalation of the situation. Leader of the Labor opposition, Delia Lawrie, on Tuesday called for a censure motion of the government over the issue....
