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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Heavy industries in Australia to profit from the Renewable Energy Target
Analysis by Climate Spectator reveals that energy intensive industries will end up saving money on their electricity bills as a direct result of the renewable energy target. This is due to a combination of large exemptions from the cost of the RET for these industries, combined with the effect of...
Alcoa gets first free carbon permits from Australia
Alcoa (AA), the largest U.S. aluminum producer, and Queensland Nitrates are the first to get free carbon permits from Australia through an A$8.6 billion ($8.9 billion) program to help businesses facing global competition. The companies are getting permits under the Jobs and Competitiveness Program,...
Bauxite Resources Limited updates on Gold, Iron Ore and Coal Exploration
Perth-based bauxite explorer and developer, Bauxite Resources Limited provides an update on exploration progress for non bauxite minerals within its exploration licence tenure in Western Australia. The Company holds granted and pending exploration licences over an area of approximately 25,000 km2...
Cape Alumina to continue Bauxite mine plan in Steve Irwin Wildlife Reserve
Resources company Cape Alumina Limited has resumed planning a bauxite mine on a wildlife preserve named in honour of environmental campaigner Steve Irwin. Cape Alumina planned to build a large bauxite mine at Pisolite Hills, on Cape York, where the Steve Irwin Wildlife Reserve is located. The plans...
Queensland Alumina refinery construction workforce invited to reunion
If you go back to the 1960s in Gladstone the biggest employer was the Meatworks and it was a much different place to now. When the meatworks closed down, the entire complexion of the town changed dramatically with a new player in town, Kaiser Engineers and Constuctors who came to build the...
Alumina Shares Gain 7.6% on 7th Sept
Alumina is one of today's best performing low-priced stocks, up 7.6% to $3.11 on 1.1x average daily volume. Alumina has traded 344,000 shares thus far today, vs. average volume of 307,000 shares per day. The stock has outperformed the Dow (7.6% to the Dow's 1.7%) and outperformed the S&P 500 (7.6%...
Gove Bauxite refinery to deals with waste water issue
The owners of the bauxite refinery on the Gove Penisula in the Northern Territory say they're working on ways to deal with an excess of waste water that accumulated on the site. Waste water is produced as part of the refining process, and the amount stored by the facility has been growing in the...
Australian Bauxite Limited received a Pre-Feasibility Study report for the Goulburn Bauxite Project
Emerging bauxite development company, Australian Bauxite Limited has received a Pre-Feasibility Study (PFS) report by Como Engineers and a Stage 2 Mine to Port Logistics Study by GHD for the Goulburn Bauxite Project in Southern New South Wales. Whilst this work was in progress, ABx discovered the...
Queensland government opens tenders on Aurukun bauxite lease
The Queensland government is calling for new expressions of interest over a vacated lease to mine bauxite on Cape York. The Aurukun bauxite lease was first issued to French company Pechiney in 1975, but was not used for 28 years and was repealed. The tender was then issued to Chinese miner Chalco...
Australian Bauxite Limited Tasmania Drill running successfully
Emerging bauxite development company, Australian Bauxite Limited is drilling ahead of schedule in Tasmania at Bauxite Deposit DL-130 located 65km south-south-west of Bell Bay deepwater port in a privately owned plantation that is under harvest. Thicker than expected bauxite has been encountered up...
Queensland Government plans to revive Cape York bauxite mining
The Queensland Government has used a Community Cabinet meeting in the states far north to talk up plans for more bauxite mining on Cape York. Deputy Premier Jeff Seeney says he wants to revive plans to mine the lucrative bauxite deposits near the Aurukun Aboriginal community, north of Cairns....
Chief Minister to help co-ordinate a new gas pipeline to Gove bauxite mine
Northern Territory Chief Minister Terry Mills says his government will do all it can to help co-ordinate a new gas pipeline to a bauxite mine in Arnhem Land. The Gove bauxite mine and alumina refinery are the chief employers in the nearby town of Nhulunbuy in Arnhem Land but have been making a loss...
Cost cutting in Gove bauxite Mine affecting Nhulunbuy economy
The president of the East Arnhem Chamber of Commerce says the town of Nhulunbuy in the Northern Territory is feeling the effects of a cost-cutting exercise by the nearby bauxite mine and refinery. Pacific Aluminium has begun a natural attrition process, due to tough business conditions caused by...
Gove bauxite mine takes up cost cutting measures
The bauxite mining and refining operation on the Gove Peninsula in the Northern Territory has stopped replacing workers who leave their jobs, in an effort to cut costs. The strong Australian dollar and poor prices for bauxite and aluminium products have forced the mine's owners, Pacific Aluminium,...
Aluminium Declines even though Inventories Show Sharp Correction
A sharp correction in LME inventories was not enough to save Aluminium from declines. The total Aluminium inventories were down by 10000 tonnes on Wednesday alone. The total inventories now stand at 5049100 tonnes. Selling pressure was noted on account of Spain crisis and some weak economic reports...
Rising power costs threaten aluminium industry
The Australian Aluminium Council has warned that the Kurri smelter in the NSW Hunter Valley will not be the only one at risk, if the industry is forced to absorb more electricity costs. It has told a Senate Inquiry into electricity costs that aluminium smelting already carries a disproportionate...
Environment group rejects Cape bauxite mine benefits
The Wilderness Society has questioned the economic benefits of a proposed bauxite mine on far north Queensland's Cape York Peninsula. Cape Alumina says the Queensland Government's declaration of its Pisolite Hills mine as a "significant project" has prompted it to resume planning and negotiations...
Cape Alumina to resume Pisolite Hills bauxite project
The Queensland government has declared the Pisolite Hills bauxite mine, which Cape Alumina is developing, a “significant project”, prompting the ASX-listed miner to resume work on the project. The development of the Pisolite Hills project was put on hold in October 2010 after the previous state...
