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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China’s A00 aluminium ingot price opens the week with a fall of RMB210/t; Australian alumina price grows to US$370/t
On Monday, January 30, A00 aluminium ingot price in China opened the week with a drop of RMB 210 per tonne to halt at RMB 18,770 per tonne. The spot contract price is expected to be traded at a discount price of RMB 130 per tonne to RMB 90 per tonne, with the average prices expected to stand...
Aluminium cladding supplier AODELI appoints new BDM for its Gold Coast head office
An acknowledged supplier of ‘Fire Safe’ aluminium facade cladding products in the region, AODELI Australia (AODELI), has publicised the appointment of Louise Kempster as the new Business Development Manager (BDM) at its head office on the Gold Coast in Queensland. She is an expert from the...
Jarrah woodlands get a temporary relief after Alcoa abandons its bauxite export plan
The American aluminium major Alcoa has cancelled its plan to stretch bauxite mining in Australia's Northern Jarrah Forest to export unprocessed ore. Consequently, it will conserve its output for its three West Australian alumina refineries. Alcoa's mines in Western Australia produce approximately...
Australia: Reusable cup trials at Queensland stadiums
Trials are underway at Brisbane, Townsville, and Gold Coast stadiums that are testing alternatives to single-use drinking cups. Stirling Hinchliffe, the sports Minister, said, “At this past weekend's Brisbane Heat Big Bash games at The Gabba, the first innings of Stadiums Queensland's reusable...
Alcoa to bear $240 million for WA bauxite mining delays
Alcoa has informed its US investors that delaying approvals to elongate its bauxite mining in Western Australia (WA) will cost approximately $240 million in 2023. Nonetheless, stricter environmental standards would help maintain community support, allowing it to continue mining South West forests...
Australian bauxite miners may gain from Indonesia's export prohibition
In the last days of 2022, the President of Indonesia finally announced that from July 2023, the largest country in Southeast Asia would prohibit exporting bauxite as it intensifies its protectionist policy to foster sophisticated domestic manufacturing. On January 18, 2023, Bahlil Lahadalia, the...
Alcore obtains a $3.3 million grant for developing aluminium bath recycling plant in Tasmania
Alcore, an 83 per cent owned subsidiary of ABx Group, has reportedly received an initial $3.3 million of a nearly $7.6 million grant for developing an aluminium bath recycling plant at Bell Bay in Tasmania. The funding, which will be used for the plant's construction, has come from the Federal...
NSW prisoners initiate successful recycling of 80 tonnes of aluminium and cardboard waste
A recycling programme at a New South Wales prison has successfully streamlined 80 tonnes of waste from landfills along with generating crucial funding for homelessness irradicating initiatives. Since 2019, inmates under maximum security from South Coast Correctional Centre have been relentlessly...
Rio Tinto claims Labor’s policy validates industry wide sustainability drives
Rio Tinto seemed quite pleased with the Albanese government’s fundamental emissions-reduction policy for supplying vital support to heavy industries since it was aware of the environmental impact that the high-carbon east-coastal alumina units were causing. Rio Tinto knows that its refineries and...
Australian alumina FOB price ascends by US$15/t; China’s domestic A00 aluminium price levitates by RMB120/t
Today, the alumina spot price in China has witnessed an RMB 2 per tonne rise, closing at RMB 2,932 per tonne, while the alumina price in Henan and Guangxi have both seen an increase of RMB 15 per tonne to halt at RMB 2,980 per tonne and RMB 2,880 per tonne. The Australian alumina FOB price has...
Chevron’s WA gas plant breakdown forces Alcoa to rely on diesel generators
Chevron has requested two more days to take care of the technical problems leading to a drastic breakdown at its Wheatstone domestic gas plant. This can be regarded as the third West Australian (WA) gas plant breakdown during the whole summer. All this turmoil has prompted Alcoa to ignite diesel...
Alcoa resumes operations with 95% strength in its Portland Aluminium smelter
On 22 December, news came floating that Alcoa’s Portland Aluminium smelter has resumed production with an annual capacity of 35,000 metric tonnes. The production had been reduced up until now in the Victoria-based Australian aluminium smelter. As soon as the reboot was successful, Portland...
Meteorological incident force Metro Mining to end 2022 operating season early
The Bauxite Hills mine in Queensland ended its operating season for the year ahead of schedule due to a weather event that could have been dangerous for mining operations and shipment on December 29, 2022, according to an announcement by the Australian mining and exploration company Metro Mining....
Gladstone power plant compensations hamper federal government’s coal price cap talks
The Gladstone power plant enjoying subsidies has been a recurring cause of concern for the federal government’s coal price cap compensation talks with Queensland. According to sources, the central Queensland power plant proprietors, Rio Tinto and its partners, are about to accept US$450 million to...
GMG’s TXR coating system reduces surface temperature of heated aluminium by 15%, says UQMP
The amazing outcomes of heat transfer demonstrations for aluminium coated with THERMAL-XR (TXR) driven by GMG Graphene, as compared to uncoated bare aluminium, have been provided by the Australia-based cleantech company, Graphene Manufacturing Group Ltd (GMG). The business claimed that GMG's...
Capral acquires Allyman Aluminium to expand its distribution footprint in Australia
Australia's leading industrial solutions specialist and aluminium provider, Capral Aluminium, announced that it had acquired Allyman Aluminium, an aluminium distribution business in Wollongong, New South Wales, servicing the South Coast of NSW. The acquisition is a result of Capral's dedication to...
Alcoa aluminium smelter among $136 million in UGL contracts
Cimic Group's specialist end-to-end engineering and services provider, UGL, has been awarded five multi-year energy and resources contracts in Western Australia amounting to $136 million. The projects will start in late 2022. However, UGL will work with its existing client, Alcoa, per the contract...
HSP's supply partnership with Capral is propelling them towards global leadership
HSP 4 x 4 Accessories, an Australian automotive company based in Victoria, has grown to become a global leader in designing and manufacturing solutions that improve the functionality of utility vehicles. HSP's business is built on innovation to create and distribute masterfully designed products...
