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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Aluminum in Australia - Latest Market Research Report
Reportstack, the provider of premium market research reports has announced the addition of 'Aluminum in Australia' market report to its offering. Aluminum in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2006-10, and...
Rio Tinto's Cape York development may be hindered
A crab the size of a ten cent piece might stop the development of mining giant Rio Tinto’s $900 million Cape York bauxite mine. Scientists employed by Rio to undertake an environmental analysis of the north Queensland site have found what is thought to be a new freshwater crab species. The findings...
AusGroup to provide services to Alcoa refinery in Australia
AusGroup’s subsidiary AGC Industries has secured a contract from Australia based Alcoa to carry out the management and execution of core multi-disciplinary services (MDS) to its Wagerup refinery located in Western Australia. Under the terms of the five-year contract, AGC will provide range of...
Cape York Mines listing timetable
EXISTING mines will be excised from the proposed Cape York world heritage zone under the Gillard government's revamped strategy to nominate much of the peninsula for listing by 2013. Environment Minister Tony Burke yesterday unveiled the plan to enter on the world heritage register a patchwork of...
Alumina shares bounce on increased dividend
Shares in Alumina Limited (ASX:AWC) bounced yesterday after the company said it would increase its dividend. In a half year update to shareholders Alumina said it will pay a fully franked final dividend of 2.8885 cents or 3 US cents per share, up from 2 US cents. The company also stated its Alcoa...
NALCO sells aluminium billets at $150/T premium over LME
NALCO, whose tenders serve as a global benchmark, last sold 1,500 tonnes of aluminium billets in July to an Australian firm at $150 per tonne premium over the average LME cash price.
Market Analysis – Alumina Limited
Alumina Limited (ADR)(NYSE:AWC) fell -3.33%, to close at $6.96 and its overall traded volume was 89,790.00 shares in the last trading session. AWC opened the day at $6.72, it made an intraday low of $6.72 and an intraday high of $6.98. The 52-week range of the stock is $6.49 – $11.46. The market...
Chinese aluminum extrusion export saved by Australia after losing US and Canada
After losing two big markets of Canada and United States, China’s aluminum industry finally gets some good news: Australia cuts down AD and CVD duties set against China’s aluminum extrusions exported to the nation. Otherwise China could lose 2/3 of the demand from developed countries covering North...
Bauxite Hills drilling program update
Initial results from Cape Alumina Limited’s (ASX code: CBX) drilling program at the Bauxite Hills project area have boosted the company’s confidence in the project’s long-term prospects. The Bauxite Hills project area is 95 kilometres north of Weipa on Queensland’s Cape York Peninsula and five...
Chinese aluminum extrusions found being dumped by Australia
The Australian Customs and Border Protection Service announced the completion of the reinvestigation into aluminium extrusions exported to Australia from China. Customs and Border Protection affirms the origin findings and states that import prices for primary aluminium do not reflect competitive...
CSR Aluminium Business
CSR's Aluminium business has been affected by the recent lower US dollar aluminium price, combined with the consistently high Australian dollar,' the company said. As a result EBIT for Gove Aluminium Finance, 70 per cent owned by CSR, is expected to be in the range of $42 to $45 million for the...
Alcoa Earns AIRG Medal for its Novel Alumina Refining Technology
Alcoa has declared that its Technology Delivery Group (TDG) at the Kwinana Refinery located in Western Australia has earned the inaugural Australasian Industrial Research Group (AIRG) Medal for its pioneering technology that decreases energy consumption by the company. The AIRG presents the medal...
Piercing Line – Alumina Limited (AWC)
Alumina Limited (ADR) (NYSE:AWC) gained 3.50%, to close at $7.40 and its overall traded volume was 165,267.00 shares in the last trading session. AWC shares were trading within the range of $6.95-$7.45 while its opening price was $7.07. The stock has a 52 week low of $5.71 and 52 week high of...
Legend International Holdings Inc. Announces Signing of Memorandum of Understanding with Alcoa of Australia Limited
Legend International Holdings, Inc (Legend) is pleased to announce it has signed a Memorandum of Understanding with Alcoa of Australia Limited ("Alcoa") to investigate a potential offtake agreement. The two companies have commenced preliminary discussions examining the viability of Legend supplying...
WA Govt urged to mediate Alcoa emissions row
Residents in the south-west Western Australian town of Yarloop are calling on the State Government to intervene in a long-running dispute between the community and aluminium producer Alcoa. A group of residents is taking legal action against Alcoa, alleging emissions from the company's refinery are...
BHP Billiton -Projects
BHP Billiton Projects set to come on stream in 2012 include its 1.1Mt/y Worsley alumina refinery expansion in Australia which will raise capacity to 4.6Mt/y. The ramp up of the Alumar refinery, Brazil contributed to a 7% increase in total alumina production for the 2011 financial year.
Bauxite Resources Limited (ASX:BAU) Increases Global Bauxite Resource By 35% To 33.4Mt
Perth-based bauxite explorer and developer, Bauxite Resources Ltd (ASX:BAU) ("BRL" or "The Company") is pleased to announce an update to the bauxite resource base in the North Darling Range area. Resource modelling has been completed on recent drilling undertaken on the Cardea prospect that has...
Monadelphous scores million dollars in contracts
ENGINEERING contractor Monadelphous Group says it has secured several contracts in WA and Queensland worth $350 million. Monadelphous also secured a three-year contract to provide minor capital project services for BHP Billiton Worsley Alumina’s refinery project at Collie. The company also signed...
