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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US monthly aluminium crude metals and alloys imports from Australia in February’22 surge by 183.47%
As per the USGS data, US aluminium crude metals and alloys imports from Australia for February 2022 settled at 27,100 tonnes, which on a month-on-month scale surged by 17,540 tonnes or 183.47 percent from 9,560 tonnes in January 2022. On the other hand, for January 2022 a downfall of 46.88 percent...
Vytas and Accelerate Resources consort for the JORC Tambellup kaolin project focusing on HPA production
The JORC resource is being considered by the two companies, Vytas Resources and its 33% partner Accelerate Resources for their joint venture, the Tambellup kaolin project in southwestern parts of Western Australia, keeping in mind that during this quarter, Vytas is planning an entry in ASX IPO. In...
A00 aluminium ingot price declines for the fourth day to RMB19640/t; imported bauxite price from Guinea grows by $2/t after over a month
A00 aluminium ingot price in China has decreased for the fourth day in a row by RMB 140 per tonne to stand at RMB 19,640 per tonne as of Tuesday, May 10, according to the Shanghai Metals Market data. The average prices are estimated to range between RMB 19,620 per tonne and RMB 19,660 per tonne,...
Top ten countries with the highest bauxite production in 2021
The principal raw material used in the production of aluminium is bauxite and it is used for both metal supply and non-metallurgical needs. As residually enriched rocks, bauxites are composed primarily of Al-hydroxides (gibbsite, boehmite, and diaspore), kaolinite, Fe-oxy-hydroxides, and Ti-oxides,...
Japan’s Sumitomo to contribute a green hydrogen unit for the Gladstone Hydrogen Ecosystem
Australian mining giant Rio Tinto will collaborate with Japan’s Sumitomo Corporation to construct a 2MW green hydrogen production facility at the former’s Yarwun alumina refinery located in Gladstone. The proposed pilot project is going to yield 300 tonnes of green hydrogen to sufficiently cater to...
Sunshine Hydro plans world’s first super-hybrid green hydrogen project in Queensland
Sunshine Hydro and Energy Estate have proposed the construction of the “world’s first,” super-hybrid green hydrogen project in Central Queensland, valued at $5.5 billion with massive wind and pumped hydro facilities. The unit also underlines its plans for hydrogen technologies. The project is...
Lava Blue receives $5.2 million from the Australian Government for refining critical minerals
Australia-based battery minerals producing company Lava Blue has been granted US$ 5.2 million under the Government’s Critical Minerals Accelerator Initiative to evolve techniques to refine critical minerals used in the lithium-ion battery supply chain. Michael McCann, the managing director of Lava...
Alpha HPA receives $15.5 million grant for the expansion of production capacity of PPF in Gladstone
Situated in New South Wales, Australia, Alpha HPA (A4N) has received a grant of $15.5 million from the Commonwealth Department of Industry, Science, Energy and Resources. The grant falls under the jurisdiction of the Critical Minerals Accelerator Initiative (CMAI) and will be utilised to expand and...
The Australian Government awards a $7.5m modern manufacturing grant to ABx subsidiary Alcore
The 83% stakeholder of Alcore Limited, ABx Group Limited made public that its subsidiary has been granted $7.5 million from the Australian Government’s ‘Modern Manufacturing Initiative’ to support its proposed $16.4 million aluminium smelter bath recycling plant in Bell Bay, Tasmania. The proposed...
Coates justifies the need for their white paper manual to improve business resources
The heightened demand for heavy industry products has instigated Coates Industrial Solutions from Australia to release a white paper on how companies might address the resource question, keeping safety and performance in mind during planned shutdowns and maintenance events. During the above...
China’s March bauxite import crosses 10 million tonnes, surging by 13.58% M-o-M
China’s bauxite import for March 2022 witnessed M-o-M hike of 13.58 percent and 15.79 percent Y-o-Y, says the customs data. In total, China imported 11.7 million tonnes of bauxite in March. For the same month, Australia imported a total of 2.95 million tonnes, rising by 15.62 percent M-o-M but down...
Con-form breaks traditional mould for roof-mounting mechanical equipment with lightweight aluminium supply from Capral
The Australian one-stop-shop for lightweight mechanical plant platform and roof access solutions, Con-form Group outstripped traditional roof-mounting mechanical equipment in 2014 and has not to retrospect ever. Nigel Cro, the Managing Director of Con-form Group said, “People will drive along on a...
Alumina Limited claims ‘Medium Term Outlook’ is best for the aluminium market
Alumina Limited which owns a 40% non-operating stake in Alcoa World Alumina Chemicals’, is aiming higher at this moment with the increasing demand for alumina and the rising aluminium prices despite the supply disruption. Russian metal industry giant, Rusal is being trampled under the European...
Ukraine-Russia conflict compels Metro Mining to re-establish $5 million bridge loan
The Australian exploration and mining company, Metro Mining, which is based in Brisbane, Queensland functionalizing its flagship project, the Bauxite Hills Mine has re-established and drawn down a short term bridge loan with Greenstone Resources, a private equity fund specialising in the mining and...
King River Resources gains ground in HPA production, sensing a 30% demand growth
Mostly known for their vanadium and gold, an Australian mining company King River Resources is attempting to divert avenues towards high purity alumina or ‘HPA’ space, exploring their addition to the Department of Science, Energy and Resources’ Critical Minerals list. The ASX registered high purity...
Rio Tinto Q1 2022 Production Report: 4% Q-o-Q rise in bauxite output with third-party shipments grown by 12%
Rio Tinto, an Anglo-Australian multinational mining group, has published its quarterly production report for the first quarter of CY2022, whereby it has announced a 4 per cent Q-o-Q increase in bauxite output to 13.625 million tonnes. But on a year-on-year basis, it registered no change. Bauxite...
Global alumina market may experience disrupting Q2 due to the Ukraine-Russia stand-off
In the second quarter (Q2) of 2022, the global alumina market is envisaged to be in a state of uncertainty, as the after-effects of the Russia-Ukraine conflict and a slew of interconnected variables threaten to shift supply and demand fundamentals. The embargo on alumina and bauxite shipments to...
Green hydrogen can be a solution to keep Tiwai aluminium smelter operational beyond 2024: Fortescue
The global green energy provider, Fortescue Future Industries claimed there won’t be a scarcity of electricity anymore since green hydrogen power generation in Southland will increase and ultimately the need to raise household bills won’t appear. FFI leads their customers by developing a portfolio...
