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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China Bauxite Imports Fall 31% After Indonesia Curbed Shipments
Chinese imports of bauxite fell 31 percent from a year earlier last month after Indonesia curbed mineral exports, restricting seaborne shipments of the ore used to make aluminum. Total deliveries to China slid to 2.14 million metric tons from 3.09 million tons in October 2011, according to customs...
EIS released for Cape bauxite mine expansion
A large-scale bauxite mine expansion on Cape York Peninsula in far north Queensland is a step closer, with the release of a new environmental impact statement (EIS). Public feedback for the proposed $1.5 billion South of Embley Project, near Weipa, will close on December 19. Rio Tinto Alcan...
Alcoa to consider buying BHP and Rio Tinto Aluminum assets
Alcoa Inc. (AA), the largest U.S. aluminum producer, may buy some assets used to make the metal from BHP (BHP) Billiton Ltd. and Rio Tinto Group as it expects demand to grow about 6.5 percent a year for the next decade. “We’re having a look if they’ve got assets that they want to divest,” Alcoa of...
Alcoa calls for domestic gas reservation
Australia should set aside enough gas for use by local industries because it would benefit the economy more than by just exporting it, says the local head of Alcoa. Australia should have a thriving aluminium smelting industry providing jobs and income, but was instead missing out by selling bauxite...
Reef approval delays bauxite project a year
First bauxite from Rio Tinto's $1.4 billion South of Embley project near Weipa has been delayed by a year after federal Environment Minister Tony Burke sent the approvals process back to square one because of concerns over shipping through the Great Barrier Reef. Rio will release its environmental...
Bauxite Resources Limited Progress at Felicitas Bauxite Project
Bauxite Resources Limited is pleased to provide an update on bauxite resource definition and development activities at its Felicitas project, in the Company's northern Darling Range tenement area in Western Australian. This follows an update from Bauxite Alumina Joint Ventures Pty Ltd, managers of...
CSR profits hit as house projects dip
The property downturn has caused a 50 per cent profit fall for building products-maker CSR, which says a recovery in the sector is unlikely before the middle of next year. CSR's net profit fell from $34.9 million in the first half last year to $17.5 million for the six months to September 30,...
Metallurgical engineering research hub established at Queensland University
Queensland's future in bauxite and alumina processing has been strengthened thanks to a partnership between The University of Queensland (UQ) and Rio Tinto Alcan, one of the world's leading bauxite and alumina producers. UQ today announced the establishment of the UQ RTA Bauxite and Alumina...
Australian Aluminium Council demands inquiry into govt's gas export decision
Following the release of the Federal Government's Energy White Paper, manufacturers from across Australian industry are today jointly calling for a dedicated and independent inquiry to resolve serious questions about domestic gas supply and prices in light of the expected massive increase in gas...
Australian Bauxite Limited updates on its Tasmanian bauxite resources
Emerging bauxite development company, Australian Bauxite Limited has bauxite tenements totalling more than 7,500 km2 covering the core of the Eastern Australian Bauxite Province . ABx considers its Tasmanian Project located within 100 km of Bell Bay Port to be a state significant discovery of a...
Australian government tries rescuing Rio Tinto’s Gove Alumina Refinery
Australia’s federal government has agreed to back the construction of a proposed gas pipeline to supply Rio Tinto’s struggling Gove aluminum operations in the country’s Northern Territory. According to The Australian, the Territory's government is expected to sell up to 13% of its gas supply to...
Bank of America Raises Alumina Limited rating to Buy
Bank of America upgraded shares of Alumina Limited (NYSE: AWC) from a neutral rating to a buy rating in a research report released on Friday morning. Shares of Alumina Limited opened at 3.99 on Friday. Alumina Limited has a one year low of $2.65 and a one year high of $6.42. The company has a...
Weipa bauxite resource upgraded
High-grade bauxite deposits in western Cape York could become China's preferred source if plans to expand mining in the world-class Weipa province go ahead. Exploratory miner Cape Alumina has significantly upgraded its resources to 202 million tonnes, which is about half of its target. Despite...
Cape Alumina bolsters balance sheet to fund exploration
Cape Alumina is to raise close to $1.5 million in two separate placements that would help it fund development of its core bauxite projects in Queensland. Cape has placed about 3.8 million shares with stockbroker RBS Morgans at 12 cents per share to raise $456,359. Separately, it has also placed...
Bauxite Resources Limited reports on its Quarterly Activities
Bauxite Resources Ltd, and its joint ventures has increased its overall JORC compliant bauxite resource base to 142.3 million tonnes with a new bauxite resource defined at the Bauxite Alumina Joint Ventures (BAJV) Cronus deposit approximately 15km east of Boyup Brook, Western Australia. This is the...
Newman pushes for Weipa bauxite mine expansion nod
Queensland Premier Campbell Newman says the Commonwealth is taking too long to consider a proposed bauxite mine expansion in the state's far north. Rio Tinto Alcan is seeking federal environmental approval for a $1.5 billion bauxite mine and port development at Weipa on western Cape York. The...
Aluminum will Shine again for Alcoa and Bauxite Resources
Due to the slump in the global economy, share prices for companies in the aluminum sector such as Alcoa and Bauxite Resources have become very attractive. Alcoa, a Dow Jones 30 member, is the largest aluminum company in the world. Bauxite Resources, based in Australia, is the largest tenement...
Gove refinery should continue operation, according to AWU
Pacific Aluminium's (Rio Tinto) Gove bauxite mine and alumina refinery are vital economic assets and critical parts of Australia's aluminium supply chain that must remain fully operational, according to The Australian Workers' Union (AWU). Pacific Aluminium today announced it would conduct a review...
