Ghana puts bauxite, lithium and iron ore in the spotlight to woo Australian capital
Ghana has stepped up efforts to attract Australian investment into its growing critical minerals sector, pitching the country as a stable and reform-driven destination for mining and value-added mineral development at the 2026 Africa Down Under (ADU) Summit in Perth. The Ghanaian delegation was led...
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...
Grow with
AL Circle
Queensland Alumina resumes trucking activity
Trucking activity into the Queensland Alumina Limited plant will increase from today as the company feels the impact of recent heavy rain. QAL said heavy rainfall had limited its ability to receive coal by rail, and the refinery had had to source alternative coal supplies. Coal will be transported...
ATDC presents S09 aluminium security doors designed for protection and style
Australia’s leading security door group, The Australian Trellis Door Company (ATDC) presents the S09 Alumax designed to enhance security for home and business owners. Combining superior materials, secure locking technology and stylish contemporary design, the S09 Alumax aluminium security doors...
China imported 167% more Alumina in 2012
According to China Customs, the imported alumina was 5,020 thousand tons in 2012 and has increased 167% over the same period. Australia and India are the main import countries, while 4,660 thousand tons from Australia and 140 thousand tons from India occupied 93% and 3% of the total import volume...
Scott Corporation renews Tomago Aluminium transport contract
Scott Corporation has renewed its contract to provide alumina and petroleum coke road transport services to Tomago Aluminium for another six years. The new contract will generate revenue of about $4 million per annum and start this month. As part of the agreement, Scott will invest around $3.5...
Alcoa celebrates 50 years in Australia
ALCOA celebrates 50 years of operating and investing in Australia this year. Fifty years ago Alcoa started the process of mining bauxite at Jarrahdale and then adding value locally by producing alumina at the Kwinana Alumina Refinery and smelting it into aluminium ingots at Point Henry Smelter in...
Aluminum Stocks to Watch out for
Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:- Alcoa Inc decreased 2.55% and closed at $8.42. Alcoa Inc. (Alcoa) is engaged in the production and management of primary...
China bauxite imports set new record with an increase of 67.59%
According to Chinese customs data.the country imported bauxite 5,137,200 tons,which increased 67.59% comparing with the same period a year ago. Based on the detailed analysis of the data ,The import volume from India increased 28.84% year-on-year, rising to 3,039,000 tons, The import volume from...
Australia Minerals & Mining Group seeks patent for alumina processing technology
Australia Minerals & Mining Group has filed a new patent application with the Australian Patent Office for its unique acid-based alumina processing technology. The technology produces alumina from its aluminous clay material with purity levels greater than 99.95% purity. It also benefits from a low...
Bauxite Resources Limited Drilling Commenced on New Bauxite Prospect
Bauxite Resources Limited has commenced a program of work on exploration licence E70/2230 (known as Fortuna), adjacent to the 73.3Mt Felicitas bauxite resource. The bauxite rights to the Fortuna prospect are entirely BRL's while the Felicitas resource forms part of the Company's joint venture with...
Alumina Limited reports 13% drop in revenues for FY2012
Australia-based bauxite mining company Alumina Limited has reported a net loss of $62.1m for the full year 2012, reversing the previous year profits of $126.6m. The miner also reported a 13% drop in revenues to $5.8bn from its subsidiary Alcoa World Alumina and Chemicals (AWAC), as against revenues...
China to revive bid for Cape York bauxite deposit
China's biggest aluminium-maker will revive its controversial bid for rich bauxite deposits on Cape York Peninsula, pitching it against mining giant Rio Tinto and five other contenders. Chalco has moved after Queensland's Liberal National Party government dropped a condition the successful...
Opposition to protest against bauxite mining at Kimberley
Miners will be asked to relinquish leases on the Mitchell Plateau under the WA Labor's plans to establish national parks in the Kimberley region. If Labor wins Western Australia's March 9 state election, talks would begin with several companies that are exploring mainly for bauxite on the Mitchell...
Alumina Limited Stock Rating Upgraded to neutral
Credit Suisse upgraded shares of Alumina Limited to a neutral rating in a report issued on Friday. Separately, analysts at Goldman Sachs downgraded shares of Alumina Limited from a neutral rating to a sell rating in a research note to investors on Thursday, January 17th. Four equities research...
Alumina Limited sits tight on dividend payments
Alumina is holding off paying dividends despite recent price improvements and the post-balance-date equity injection of $452 million from China's state-owned Citic. There was no surprise on the dividend decision as sharply lower alumina and aluminium prices plus the revenue-sapping effects of the...
Departing BHP chief Marius Kloppers considers investing on Worsley alumina plant a big mistake
Departing BHP Billiton chief executive Marius Kloppers says the worst mistake of his 5 1/2-year tenure was not to do with acquisitions but a decision to pour billions of dollars into the Worsley alumina plant south of Perth. "We spotted a technological change in aluminium and we made a great...
Alumina's full year losses widen
Alumina'a full year net losses have blown out and the troubled aluminium producer is bracing itself for more uncertainty ahead. The group's net loss for the 12 months to December 31 tripled to $US152.9 million from $US47.3 million ($148.42 million from $45.91 million) in 2011. Foreign exchange...
Alumina, nickel hit BHP profit
BHP's aluminium and nickel division recorded a widening loss of $US285 million in underlying earnings before interest and tax in the half - down from a $US66 million loss a year earlier - the worst performance of any division. Further, impairments of $US1.5 billion after tax against the Worsley...
Alumina unlikely to bid for Rio's Pacific Aluminium
Australia's Alumina Ltd on Thursday said it was unlikely to bid for Rio Tinto's Pacific Aluminium business, but did not rule out that its new Chinese shareholder, state-owned CITIC Group, might be interested. "I don't believe that the intention of them (CITIC) coming on to our register has anything...
