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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Bauxite residue ‘red mud’ transformation to productive soil ready for trials
The alumina refineries in Queensland, Australia is all set in motion to enter full-scale trials with a new technology that might transpose the bauxite residue red mud to soil-like material competent of laying on plant life. As reported by the researchers who are developing the new system, stated...
ARENA floats an investment plan to support zero-emission technologies, including the aluminium sector
The Australian Renewable Energy Agency (ARENA) has floated an investment plan which will support the technologies needed for the zero-emissions transition. Established in 2012, the Australian Renewable Energy Agency is an independent organisation of the Australian Federal Government. ARENA was...
Rio Tinto rewards contract to EDL for expansion of an existing solar installation at Weipa bauxite mines
The global mining giant Rio Tinto has contracted EDL, the developer of world-class wind and solar projects across Australia, to expand an existing solar installation at its Weipa bauxite mines in Queensland by adding 4 MW solar power generating capacity and 4 MW/4 MWh of battery storage. The...
Tomago Aluminium migrates to Red Hat with IBM hardware to upgrade SAP environment performance
Australia’s largest aluminium smelter Tomago Aluminium was due for a stable and trustworthy infrastructure with high visibility into IT performance to support their 24*7 availability for their systems. The aluminium company is independently managed, while it is a joint venture owned by Rio Tinto...
Alpha HPA joins Australian Aluminium Council as the first high purity alumina project
The Australian Aluminium Council, which represents Australia’s bauxite mining, alumina refining, aluminium smelting and downstream processing industries declared the joining of the world’s most sustainable high purity aluminium producer Alpha HPA Limited as a new member, diversifying the Council’s...
Worldwide bauxite production to reach 406.7 million tonnes by 2025: GlobalData
The primary source of aluminium production, bauxite gained its output by 1.2% in 2020, from the previous year to 371 million tonnes, as per the latest report by GlobalData. The London headquartered data analytics and consulting company GlobalData, a gold standard data provider to the world's...
Queensland Alumina uses Siemens Technology to improve its alumina refining process
Queensland Alumina (QAL) is reportedly obtaining five medium-voltage variable speed drives or VSDs from Siemens for continuing to improve its alumina refining process. The order consists of three GH180 Perfect Harmony variable speed drives (VSDs), which will be used in place of the existing drive...
New Zealand’s import of aluminium household articles during 2019-21 signifies marginal growth
The economic recovery of New Zealand is likely pursued in Q2, though at a minimised pace. The robust expansion in electronic card transactions, combined with a considerable fall in the unemployment rate and higher consumer confidence, indicates resilient household spending. The economy is set to...
Coup in Guinea: Moscow hopes Russian business interests won't suffer; China may turn to Australia for bauxite fearing global supply disruptions
On 7th September 2021, the Russian Govt. said it is strictly following the political situation in Guinea following a military coup there and hopes that the Russian business interests in the West African nation would go through hardship. The comments came a day after Russian aluminium giant Rusal...
Australian delegation visits NALCO, discusses business initiatives on the entire aluminium value chain
On 31 st August 2021, a group of high-level Australian delegates spearheaded by the High Commissioner of Australia to India, Barry O’Farrell visited NALCO’s corporate office in Bhubaneswar, Odisha. The Australian delegates during the visit conversed with NALCO’s CMD, Sridhar Patra and the members...
Metro Mining signs binding agreement with Xiangsen Aluminium
Metro Mining Limited has signed a binding agreement for the supply of 790,000 Wet Metric Tonnes (WMT) bauxite for delivery in 2021 with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium). The contract schedules tonnage from September through to December and is in addition to the company’s...
China’s alumina imports see a surge of 92% M-o-M to 526,900 tonnes in July’21; Australia accounts for 69% of imports
According to China Customs data, China imported 526,900 tonnes of alumina in July 2021, which reflected an increase of 91.66 per cent from the previous month and 26.27 per cent from a year ago. From January to July, China’s alumina imports totalled 1.94 million tonnes, however, a decrease of 17.73...
The rise of bauxite production in Australia, Guinea foresees global production upsurge in 2021: GlobalData
The London, England headquartered data analytics and consulting company, GlobalData’s research unveils that the rise in bauxite production from mines in Australia (+4.1%) and Guinea (+3.6%) is anticipated to propel upswing in global production by 3.8% in 2021 to 372.8 million tonnes. The resilient...
Alpha HPA, Orica collaborates for HPA First Project in Gladstone
The New South Wales, Australia headquartered Alpha HPA has signed definitive agreements with Orica Australia, the global leader in mining and civil blasting for the HPA First Project in Gladstone, Queensland. The collaboration implies the supply and offtake of by-products to and from Alpha's First...
Monadelphous Group receives contract from Queensland Alumina Limited for mechanical maintenance services
Monadelphous Group Limited, a leading Australian engineering group providing construction, maintenance and industrial services, has received new contracts worth $200 million to provide construction and maintenance in the resources sector. The company has won new three-year contract with Queensland...
Tomago Aluminium smelter plans to switch 100% green by 2030
The Tomago aluminium smelter in the Hunter Valley region of Australia, which is considered as the biggest energy user of the nation has declared that it plans to shift towards 100% renewable energy by 2030, anticipating an early conclusion with AGL’s Bayswater coal-burning power station that cast...
EU’s CBAM ‘discriminates against countries like Australia, will punish sectors namely aluminium’: Angus Turner, Energy Minister
The Australian energy and emissions reduction minister, Angus Taylor has alerted that the European Union is attempting to implement a carbon tax on imports, which would be unfavourable to Australia’s export industry. The Energy Minister prompted against a ‘new wave’ of European protectionism that...
FYI Resources and Alcoa extend agreement period of potential HPA JV for another month
According to a recent report, FYI Resources (FYI) and Alcoa Australia have extended their exclusive agreement period for possible high purity alumina (HPA) joint venture. The companies started correspondence with each other over the potential partnership in May. Within three months’ time, due...
