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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Northern Territory Government wants new gas supply deal for Gove refinery
The Northern Territory Government has reneged on a proposed deal to supply gas to Rio Tinto's Gove alumina refinery. Earlier this year, the Government offered 300 petajoules of gas over 10 years from its domestic supply source to save the refinery, operated by Rio subsidiary Pacific Aluminium. Rio...
Rio Tinto Alcan: 2013 production figures vastly improved on previous year
Figures released by the Strategic Resource Institute show that Rio Tinto Alcan has increased production of bauxite, alumina and aluminium for Q2 2013 when compared to the same period last year. Bauxite production was up by 21%, alumina production up by 15% and aluminium production also up by 15%....
New appointments at Alcoa
Roy Harvey has been appointed chief operating officer for Alcoa's Global Primary Products (GPP) and will focus on the day-to-day operations at the aluminium giant's 22 aluminum smelters and nine alumina refineries worldwide. Harvey, a member of Alcoa's Executive Council, will also oversee the...
The future of the gas to Gove pipeline may once again be in doubt
The future of the gas to Gove pipeline may once again be in doubt as nobody wants to pay for its construction. The NT Government gave up a decade's worth of cheap public gas to mining giant Rio Tinto in February after the company threatened to shut the Gove alumina refinery and sack 800 people. But...
China’s bauxite imports jumped 29.75% in 2013
China imported 6.08 million mt of bauxite in June. YTD imports through June totaled 32.71 million mt, up 29.75% YoY, according to China Customs. China’s imports of Indonesian bauxite rose 2.95% YoY to 21.395 million mt in H1, 2013. Imports of Australian bauxite jumped 56.99% YoY to 6.68 million mt,...
Rio Tinto’s aluminium production up by 7% in H1, 2013
Despite landslides, equipment breakdown and wet weather, London-based mining giant Rio Tinto has been blessed with good news in the shape of increased output, not only from iron ore, but also aluminium in H1 2013. According to CEO Sam Walsh, who took over from Tom Albanese at the beginning of the...
AMMG launches DFS on alumina project
ASX-listed Australia Minerals and Mining Group (AMMG) has launched a definitive feasibility study (DFS) of its South West alumina project, in Western Australia. “The DFS is the next stage of development for this project, as it will detail the design, construction, capital expenditure and operating...
Council declares wishlist for bauxite mine support
Aurukun Mayor Dereck Walpo says a proposed bauxite mining venture is a good chance to improve infrastructure in the Cape York community in far north Queensland. The Aurukun Shire Council, the State Government, and the community are in talks with five companies hoping to develop the site near the...
Rio Tinto staff discover endangered northern quolls at Cape York bauxite mine
RIO Tinto's bauxite mining operations in and around Weipa on Cape York appear to have uncovered a biological hot spot, with staff discovering a third rare species. A total of 24 endangered northern quolls have been found in a 3500ha block at the mine lease, which covers 3860sq km. It's an important...
Endangered northern quolls found on Rio’s Cape York bauxite mine
Rio Tinto’s bauxite mining staff have discovered a rare quoll population at its operations located around Weipa on the Cape York Peninsula. A total of 24 endangered northern quolls have been counted on a 3500ha block of Rio’s mining lease which covers 3860 square kilometres, news.com.au reports. A...
China’s Alumina Imports Hit A 21-Month Low in June
China’s alumina imports totaled 90,000 mt in June, down 71% YoY and 55% MoM, the lowest level in 21 months. Imports amounted to 1.65 million mt in 1H, also down 33% YoY, data from China Customs showed. China’s imported alumina came primarily from Australia. The CIF price of Australian alumina...
Rio under market pressure to cut aluminium production
Australia's high-cost aluminium production is in the firing line amid sliding prices, with global giant Alcoa confirming its Victorian smelters are prime targets for capacity closures and Rio Tinto being urged to cut production from local assets. Alcoa, which kicked off the US reporting season with...
High-cost Victorian aluminium smelters could go under Alcoa cuts
US-based aluminium maker Aloca has confirmed that its Victorian smelters are being considered for closure as it comes under pressure to reduce production. Alcoa reported a second-quarter net loss of $US 119 million this week, and has said that it would end high-cost smelter production as part of a...
Cape Alumina's Pre-Feasibility Study delivers positive returns for Pisolite Hills
Cape Alumina's Pisolite Hills project has already been declared a Project of State Significance by the Queensland Government, with the project now delivering 'attractive financial returns'. Signficantly, the study forecasted that at full production it could produce at an FOB cash operating cost of...
China’s Australian bauxite imports surge
China Customs data show China imported 6.15 million mt of bauxite in May, down 2.04% YoY. YTD imports through May totaled 26.72 million mt, up 9.30% YoY. China imported 3.775 million mt of bauxite from Indonesia in May, down 30.9% YoY. YTD imports from Indonesia through May were 17.39 million mt,...
AusGroup awarded AU$36million contract with Alcoa
AusGroup Limited subsidiary AGC Industries Pty Ltd a leading Australia based fabrication, construction and integrated services company to the oil and gas and resources sectors, has announced they have been awarded a three year plus three month extension on their calciner overhaul and maintenance...
Bell Bay Aluminium awaits government support for new freight route
Bell Bay Aluminium, like other exporters, seeks new international freight shipping service from Bell Bay but the company will have to wait at least until August to see if they have government support for the initiative. A spokesman for state Infrastructure Minister David O'Byrne said that...
Worldwide mining projects exceed $1.5 trillion: Industrial Info
Worldwide mining projects are in the range of $1.5 trillion, market intelligence agency Industrial Info says in his recently released Global Mining Industry Outlook. Global demand for mined resources, including coal, iron, copper, gold and aluminum (via bauxite), has spiked over the past 10 years,...
