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 approves Rio Tinto's $1 bln bauxite mine
Australia approved on Wednesday miner Rio Tinto's $1 billion-plus South of Embley bauxite mine and port project in Queensland after a year's delay due to concerns about ships harming the Great Barrier Reef. Environment Minister Tony Burke said the project on the Cape York Peninsula could go ahead,...
Green light for South of Embley alumina project near Weipa
The Federal Government has approved the $1.4 billion South of Embley project near Weipa after years of wrangling. Environment Minister Tony Burke signed off on the project with 76 conditions relating mainly to the project's impact from shipping on the Great Barrier Reef. The original referral...
Bauxite Resources Limited announces Buy-back
Perth based bauxite explorer and developer, Bauxite Resources Ltd advises that it is implementing an on-market share buyback for up to 10% of its issued capital over the period of 12 months. Based on BRL's closing share price on 10 May 2013 ($0.12) this would equate to a maximum of $2.8 million....
Gove refinery pipeline accessing unviable for small communities
Pacific Aluminium, owners of the loss-making Gove refinery, have released details of the proposed 600 km Katherine to Gove pipeline, and has said that access to the pipeline would not be viable for local communities. The pipeline, which was announced in February as part of a plan to save the...
Gas pipeline reserved for big ticket projects
A mining company building a billion-dollar gas pipeline to the Gove alumina refinery says it will be not be economically viable for remote Arnhem Land communities to tap into the supply. Pacific Aluminium has released plans for the proposed route of its 600 kilometre pipeline from Katherine to...
Aluminium business dragged Rio Tinto profits down in 2012
The aluminium market deteriorated further in 2012, while the strong Australian and Canadian dollars did nothing to relieve cost pressures in the business, Rio Tinto chairman Jan du Plessis told the company's annual general meeting this morning. Mr du Plessis said these factors, coupled with high...
Bauxite Resources defines maiden resource for Fortuna in Western Australia
Bauxite Resources has defined an initial bauxite resource of 26.8 million tonnes for its Fortuna Project in the Darling Range of Western Australia, increasing its global bauxite resource by 14% to 223.3 million tonnes. The resource is less than 15 kilometres from existing rail infrastructure...
Diesel deal for Nhulunbuy joint venture
A small Aboriginal organisation in eastern Arnhem Land has helped secure a $160 million contract to supply diesel fuel to the Gove aluminium refinery. The tender to transport and distribute 21 million litres of diesel to Nhulunbuy, which was offered by Pacific Aluminium, was won by a joint venture...
Newman Government releases five shortlisted bidders for $25 billion Aurukun bauxite deposit
The Newman Government has released the details of the five shortlisted bidders with the successful venture to be announced by the end of the year. The list includes Aluminium Corporation of China Limited who owned the lease for seven years; Glencore International AG; Cape Alumina Consortium; Rio...
Australian ends AD investigation on aluminum coated steel imports from Taiwan
The Australian Customs and Border Protection Service has announced that it has terminated the antidumping investigation regarding aluminum zinc coated steel imports from Taiwan. The ACBPS has found that there has been no dumping by Yieh Phui Enterprise Co. Ltd of aluminum zinc coated steel exported...
Rio Tinto flags more job cuts
Rio Tinto Ltd boss Sam Walsh says more jobs will be shed in Australia as the global miner continues to make $US5 billion in savings by the end of 2014. Three months after the company announced its first full-year net loss of almost $US3 billion; Mr Walsh confirmed more local job cuts were on the...
Future of Alcoa's Geelong plant in doubt
The future of the troubled Point Henry aluminium smelter in Geelong is back under a cloud after its American owners Alcoa revealed it was considering deep production cuts worldwide. The smelter, which employs about 500 workers, has been struggling under plunging global aluminium prices and a high...
Bauxite Resources Limited announces upgrade of Darling Range bauxite resource
Bauxite Resources Limited is pleased to announce a resource upgrade for the Felicitas bauxite deposit in the Darling Range Western Australia. The resource is situated on a small number of large private landholdings located approximately 60km north east of Perth, and 10km from the town of Wundowie....
Bauxite Resources Limited March 2013 Quarterly Activities and Cash flow Reports
Bauxite Resources Limited continues to focus primarily on evaluating bauxite prospectivity in the Darling Range and exploration throughout the Company's extensive tenement holding. Currently BRL holds 22,500km2 in Exploration Licences in the Darling Range of south west Western Australia. The...
Newman Government releases five shortlisted bidders for Aurukun bauxite deposit
CHINA'S biggest aluminium maker will go head-to-head with its biggest rivals in a pitch for the $25 billion Aurukun bauxite deposit on Cape York. The Newman Government has released the details of the five shortlisted bidders with the successful venture to be announced by the end of the year. The...
China’s first quarter alumina imports down 10.9% YoY
According to China Customs, China imported 195,200 mt of alumina in March. YTD imports through March amounted to 1.03 million mt, down 10.9% YoY. China’s alumina imports began to fall sharply in March. Australia continued to be China’s largest biggest alumina supplier in Q1, whose alumina accounted...
Cape Alumina short-listed to bid for Aurukun bauxite deposit in Queensland
Cape Alumina and its partners have been short-listed by the Queensland Government to tender for the development of the world-class Aurukun bauxite deposit in western Cape York. The company is working with Singapore-listed Noble Group and Australia’s largest dedicated bulk and general stevedoring...
Rio Tinto Alcan aluminium production up 14 percent in the first quarter of 2013
Rio Tinto has reported that its production from Rio Tinto Alcan refinery has increased by 14 percent to 594000 tonnes in Q1 13 from Q1 12. The rise was on account of resolution of lockout at Alma and power outage at Shawinigan. When compared to fourth quarter ending previous year the production was...
