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...
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Western Australian Government launches case against Alcoa
The Western Australian Government has launched a prosecution case against an alumina refinery owned by Alcoa for allegedly breaching its operating licence. The Department of Environment and Conservation alleges in May 2011, dust from the company's plant in the South West town of Wagerup spread...
Kurri smelter closure considered 'best practice'
It is hoped manufacturing firms across the country can learn from the recent closure of the Kurri Kurri aluminium smelter. The Hydro plant closed down a few months ago, and out of nearly 330 workers more than 210 have either found full-time employment elsewhere, started studying or retired. A...
Anti-dump rules in Australia to help local extrusion industries
Tougher anti-dumping laws introduced by the Federal Government are set to make local businesses like Capral more competitive. Capral is Australia's largest aluminium extrusion company and employs almost 300 people at its Bremer Park site. Federal Member for Blair Shayne Neumann said the new...
Rio, Alcoa win two-year extension on their bauxite alumina project
Resource giants Rio Tinto and Alcoa have won a two-year extension on their plans to develop a massive bauxite deposit and alumina smelter in the Kimberley, despite Premier Colin Barnett casting doubts on the venture. Earlier this month Mr Barnett suggested the remote, costly, project was unlikely...
Australian Bauxite Limited establishes virtual data room
Australian Bauxite Limited has established a virtual data room in response to approaches made since its declaration of three State-Significant Projects. All participants have been afforded equal access, based on their commitment level, commencing with execution of a confidentiality agreement, and...
Gas deal flagged to keep Gove refinery working
Chief Minister Terry Mills says a deal that could ensure the future of the Gove Alumina Refinery in the Northern Territory's Gulf country is expected tomorrow. The Government hopes converting the struggling refinery from expensive diesel fuel to natural gas will allow it to remain operational. It...
AMEC Australia calls for Kimberley mine review
WA's mining industry has called for full review of resource development in the Kimberley, after Premier Colin Barnett appeared to rule out the development of a massive bauxite resource in the region owned by Rio Tinto and Alcoa. Association of Mining and Exploration Companies chief executive Simon...
Cape Alumina lines up second development project
The Bauxite Hills mine, in Queensland, could deliver some five-million tons a year for ASX-listed Cape Alumina, a prefeasibility study (PFS) has found. The company reported on Tuesday that the project could likely have a life-of-mine of some ten years, producing from an inferred resource of some...
Kimberley bauxite plan looks a stretch
Premier Colin Barnett has told Rio Tinto and Alcoa that "they're dreaming" about developing a massive bauxite deposit in the remote Kimberley, and flagged the possible return of the resource to taxpayers. The global giants want a two to three-year extension and an associated State Agreement over...
Government concerns over Gove alumina refinery
The Northern Territory Government hopes a decision will be made this week on a plan to help save a Rio Tinto alumina refinery on the Gove peninsula in remote north-east Arnhem Land. The Territory's Chief Minister says any closure of the refinery could devastate the nearby mining town of Nhulunbuy,...
Shipping from Rio’s South of Embley bauxite mine to start in 2016
Rio Tinto Alcan announced it expects to spend $528 million over the next three years developing is new South of Embley bauxite mine, located near Weipa in Queensland’s Far North. The project’s developers have commenced meetings to discuss the provision of goods and services for the mine’s...
Australian Bauxite Limited completes investigative drilling at Queensland
Bauxite development company, Australian Bauxite Limited has completed investigative drilling as part of its due diligence with respect to Mining Lease ML80126, located 25 km south of Mundubbera and 155 km southwest of Bundaberg Port in central Queensland. ABx confirms that the Inferred Resource of...
No refinery required for Aurukun bauxite mine: Govt
The Queensland LNP Government has taken the first concrete step towards its long-stated aim of exploiting the Aurukun bauxite resource in western Cape York. This time around, however, the right to mine will not be tied to the requirement to build an alumina refinery. Yesterday the Newman Government...
Rio Tinto expects its large asset sale to generate strong proceeds
Global miner Rio Tinto said it expects the sale of assets it no longer wants, such as its Pacific Aluminium and diamonds businesses, to generate strong proceeds over the next year or more. It has already generated $12 billion (£7.5 billion) from the sale of more than 20 assets since 2008 and said...
Queensland alumina refinery failure discharges chemical waste
A mechanical failure at a central Queensland alumina refinery has released an unknown amount of chemical waste into a residential area of Gladstone. Queensland Alumina's refinery in Gladstone is the largest in the world. The refining process creates the toxic by-product 'red mud', which is stored...
Rio Tinto to undergo cost cutting in coal and aluminium operations
Global miner Rio Tinto said its coal and aluminium operations would bear the brunt of $5 billion in targeted cost cuts over the next two years. Rio, in an investor update, said it was aiming to cut more than $5 billion of operating and support costs by the end of 2014, and would cut spending on...
Aurukun bauxite mine to give indigenous people better economy and employment
Business and community leaders are describing the Queensland Government's call for fresh expressions of interest to mine rich bauxite deposits at Aurukun on Cape York as giving the indigenous people of the region new hope, prosperity and jobs. The $1 billion mine has the potential to employ 700...
Rio Tinto releases draft Commonwealth EIS for South of Embley Project
Rio Tinto Alcan today released the draft Commonwealth Environmental Impact Statement for the South of Embley Project. Rio Tinto Alcan president and chief executive officer, Bauxite and Alumina, Pat Fiore said the project will extend bauxite mining operations on an area of the company's existing...
