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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Aluminium recycler takes initiative to help fund the fight against cancer
Australia based metal recycling company Sims Metal Management has taken an initiative to collect aluminum cans to benefit this year’s American Cancer Society Relay for Life of Duneland. The company will collect aluminium cans through July 12. Sims will pay the prevailing rate for aluminum scrap and...
CIF price of Australian alumina remains high at USD 362.5/mt in May
China Customs data show that China imported 196,000 mt of alumina from Australia in May, down 66.3% YoY. YTD imports through May totaled 1.54 million mt, down 16.1% YoY. The CIF price of Australian alumina remained high at USD 362.5/mt in May. The FOB price of Australian alumina fell from...
China’s bauxite imports up 10.5% YoY during January-May
China Customs data show that China imported 6.15 million mt of bauxite in May, down 0.41% YoY. YTD imports through May amounted to 26.72 million mt, up 10.5% YoY. China imported 3.775 million mt of bauxite from Indonesia in May, down 30.9% YoY, and 17.39 million mt during January-May, also down...
AV Birla, Coal India eye Rio Tinto assets
Coal India and Aditya Birla group are among a host of global companies that have shown interest in the assets put on the block by Rio Tinto in Australia. The Anglo-Australian mining giant is selling a 29% stake in its subsidiary Coal & Allied in the New South Wales province and its majority stake...
Bauxite Resources Limited announces upgrade of bauxite resource
Bauxite Resources Limited is pleased to announce a resource upgrade for the Felicitas bauxite deposit in the Darling Range Western Australia. The Felicitas resource is contained within the Company's Bauxite Alumina Joint Ventures ("BAJV") with Yankuang Resources Ltd. The resource is situated on a...
Queensland Alumina scraps gas power plant plans
Queensland Alumina Limited, that operates the world's largest alumina refinery has confirmed it has shelved a proposed gas-fired power station in central Queensland. The company had planned a co-generation gas power plant at its Gladstone refinery to reduce its greenhouse gas emissions, which would...
China’s bauxite imports reaches 6.74 million mt in April
China Customs data show that China imported 6.74 million mt of bauxite in April, up 29.72% YoY. YTD imports through April hit 20.65 million mt, also up 14.62% YoY. Bauxite CIF prices in April were USD 51.21/mt, an increase of 18.74% from the same period last year. China’s imports of Indonesian...
QAL selected as finalist in 2013 Manufacturing Skills Awards
Queensland Alumina Limited, Australia has been named as a finalist in the 2013 Manufacturing Skills Awards, organised by Manufacturing Skills Queensland, a division of QMI Solutions. Thirty finalists were announced on Thursday. Winners of the 10 categories will be announced at an annual awards...
AMMG produces 99.99% high purity alumina
Australia Minerals and Mining Group Limited is pleased to announce that it has successfully produced 99.99% (4N) HPA (high purity alumina) using its own innovative aluminous clay (kaolin) to HPA processing technology. AMMG filed three patent applications for the aforementioned processing technology...
Pacific Aluminium releases plans for gas pipeline project in Australia
Pacific Aluminium has released the draft environmental impact statement (EIS) for its proposed 603 km Katherine to Gove Gas Pipeline (KGGP), to be located in the Northern Territory, Australia. Pacific Aluminium, a business unit of Rio Tinto, owns and operates a bauxite mine and alumina refinery at...
Australia allows mining on proposed world heritage site
Australian Environment Minister Tony Burke has approved Rio Tinto Alcan’s new South of Embley bauxite mine on Cape York, the Queensland peninsula that the Australian government intends to propose as a UNESCO World Heritage site. Announcing the approval May 15, Burke said with the 76 strict...
Artweld offers customised aluminium louvre screens for privacy and protection
Artweld Australia offers customised aluminium louvre screens designed to offer privacy as well as protection from the elements. Fabricated, supplied and installed by Artweld, these custom aluminium louvre screens incorporate ‘aerofoil’ elliptical fixed or manually adjustable blades, and are also...
Australian Bauxite to take advantage of developments in global bauxite market
With its first Tasmanian mining lease well on the way to being granted, Australian Bauxite is poised to take advantage of favourable developments in the global bauxite market. Australian Bauxite’s (ABx’s) carefully planned success began in 2006 when chief geologist Jacob Rebek started looking for...
Alcoa’s massive drop in Alcoa profits
Alcoa of Australia has filed full-year accounts and revealed that the company's profits of $106.2 million were down from $569 million. Sales fell by 12% and the company's return on capital was 3% – down from 9.47% at the end of 2011. Alcoa of Australia is 60% owned by Alcoa and 40% owned by Alumina...
Bauxite Resources' new chief executive officer takes the reins
Bauxite Resources new chief executive officer and executive director Peter Canterbury has commenced employment today. Canterbury joins Bauxite Resources from Sundance Resources, where he had been the chief financial officer for the past six years. He played a key role in rebuilding the company as...
Rio rejects bauxite mine shipping claims
Rio Tinto Alcan has responded to claims a new bauxite mine on Queensland's Cape York would result in an additional 900 shipping movements. The mining company says the claims from the Australian Marine Conservation Society are wrong and the South of Embley project would only have an extra 60 bauxite...
Rio Tinto wins go-ahead for South of Embley bauxite project
Federal Environment Minister Tony Burke has finally given Rio Tinto the go-ahead for the $1.4 billion South of Embley bauxite expansion near Weipa on Cape York Peninsula, more than a year after the miner was sent back to the approvals drawing board to deal with Great Barrier Reef shipping concerns....
Alcoa's profit plunges 81pc
Alcoa has delivered proof that even its low-cost WA bauxite and alumina operations are feeling the pinch of aluminium's persistent status as the world's most unpopular metal, reporting an 81 per cent slump in Australian profitability last year. Compounding the woes, Alcoa said its Australian...
