Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...
Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
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Portland Aluminium joint venture in Australia to reduce production
Alcoa Corporation announced that the Portland Aluminium smelter in the state of Victoria in Australia will begin to immediately reduce its overall production due to operational instability. Production at the smelter will be reduced to approximately 75 per cent of the site’s total consolidated...
US alumina imports record a 21% Y-o-Y rise to 1.88 MT, with Australia withholding the second position as exporter
According to the US Census Bureau survey, the United States imported 508,000 tonnes of alumina in the fourth quarter of 2022, which reflected a significant rise of 63,000 tonnes or 25.39 per cent quarter-on-quarter from 445,000 tonnes. On a year-on-year calculation, the United States alumina...
Metro Mining's Bauxite Hills expansion project to receive USD$30 million credit facility from Nebari
The Australian mining and exploration company Metro Mining Limited has revealed that it has entered into a facility agreement with US-based resource project financier Nebari Holdings' Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP for a Financing Facility...
Alcoa troubled by Portland Aluminium workers’ strike: Warns may cause community trauma
US-based Alcoa, the biggest employer in Portland, has raised awareness of the prevailing workers' strike at its aluminium smelter and has warned that it might cause irreparable consequences to the "broader community" in the area. Alcoa's Portland Aluminium has 535 working professionals under its...
Rio Tinto warns the world about the struggle to replace fossil fuels with renewable energy
Rio Tinto has warned the world is struggling to build enough renewable energy to replace fossil fuels, and at the speed needed, to hit aggressive emissions targets, as the miner confronts the challenge of sourcing cleaner power for its Australian aluminium smelters. Rio Tinto is one of the most...
China’s A00 aluminium ingot price opens the week with a fall of RMB150/t; Australian alumina price drops to US$369/t
On Monday, February 27, China’s A00 aluminium ingot recorded a decline of RMB 150 per tonne to stand at RMB 18,330 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110 to RMB 70 per tonne. On a W-o-W calculation, a plunge of RMB 360 per tonne was witnessed....
Transgrid rolls out new technique for recycling aluminium conductors in transmission lines
Transgrid has introduced cutting-edge new equipment, a first for Australia, to speed up the recycling of obsolete transmission lines, reducing emissions and saving millions of dollars. Transgrid has teamed up with the German manufacturing company ZECK to recycle conductors in western Sydney. The...
Prohibiting bauxite mining expansion at jarrah forest may result in Alcoa's alumina production declining for two years
In Western Australia, Alcoa will reduce alumina production for two years before the state government permits them to expand bauxite mining at jarrah forests close to Perth's largest drinking water dam. Mike Ferraro, the CEO of Alumina Limited, said, "Once Alcoa could mine the Myara North area, the...
Alcoa of Australia terminates joint development project with FYI Resources for HPA
On February 21, 2022, Alcoa announced that its subsidiary Alcoa of Australia Limited (AoA) had terminated a collaborative development project with FYI Resources Ltd for high-purity alumina (HPA). The global leader in the aluminium sector with a vision to reinvent the industry for a sustainable...
“Australia’s alumina refineries are currently undertaking a range of decarbonisation studies in conjunction with Government agencies,” Marghanita Johnson, CEO of the Australian Aluminium Council
Marghanita Johnson has been the Chief Executive Officer of the Australian Aluminium Council since 2019. She has over 25 years of experience in the Australian mining and manufacturing sectors, predominantly within the aluminium industry. Earlier, she led government engagement and advocacy on behalf...
Deco Australia joins ASI as the new Downstream Supporter member
On Monday, February 13, Aluminium Stewardship Initiative (ASI) announced the joining of Deco Australia as a Downstream Supporter member. Deco is a family-run firm in Australia that produces superior surface treatments and architectural construction materials made of aluminium. In addition to their...
Alcoa to install steam run MVR module in its Australian alumina refinery saving excess energy usage
After a feasibility study approved its potential outcomes, USA-based aluminium giant Alcoa is about to set up a steam recycling technology or MVR module focused on reducing emissions. As early as 2021, Australian Renewable Energy Agency (ARENA) allotted $11.3 million to run a feasibility study...
Brisbane Broncos enters partnership with fibreglass & aluminium ladder maker Bailey
The Brisbane Broncos have successfully forged a partnership with leading fibreglass or aluminium ladder maker Bailey Ladders hailing from Australia. Active under the mother organisation Werner Co Australia, the company is one of the biggest providers of ladders for trade, household or industrial...
Aluminium must be enlisted as a critical mineral: Australian expert suggests
In a remark, the CEO and Managing Director at Alumina Ltd., Mike Ferraro, explained why the Australian Government should follow the footsteps of the US, which 12 months earlier included aluminium in the list cataloguing 50 critical metals of the nation. Mike believes Australia should act according...
Capral completes distribution acquisition of Allyman Aluminium
Capral Aluminium, one of Australia's leading providers of aluminium products and associated services, finally completed its acquisition of Wollongong, New South Wales-based Allyman Aluminium on Friday, February 3. According to the firm, the acquisition is a part of Capral's goal to grow its...
NSW Government allies with Australian heavy industries to curtail emissions
The New South Wales Government has vouched to work together with the most emission-prone industries of the area to morph them into low-carbon facilities. This is to commemorate the milestone-worthy decision the NSW Government made to plot for total decarbonisation in the heavy industrial zones. The...
St Leonards installs aluminium pelican statue as a part of town renovation
A municipality area in Australia, St Leonards has been given a thorough makeover with the mounting of the latest lighting, new pave way systems, 900 freshly planted saplings and most importantly, an aluminium pelican statue that captures the hawk-eye view of the entire landscape. The revered...
WA water authority to slash Alcoa's water licence by a third due to unsustainable supply in the region
The largest state of Australia, West Australia's water authority, announced that they would curtail mining giant Alcoa's water licence by a third due to unsustainable water demands in the region. Simone McGurk, the WA Water Minister, claimed that a 23 per cent drop in rainfall had led to...
