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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Plastic Free Port Stephens introduces Aluminium water bottles to reduce environmental footprint
Plastic Free Port Stephens has developed a product that will help to lessen landfill. In the times when we forget a reusable water bottle, Plastic Free Port Stephens have grouped up with Bluesky Beverages to develop Port Stephens Plastic Free Water. Alicia Cameron, Founder of Plastic Free Port...
ATO slaps huge bill in a latest tax dispute with Rio Tinto
Global mining and metal giant Rio Tinto has been slapped with a $406.5 million bill as part of its latest dispute with the Australian Taxation Office. Jakob Stausholm, the new CEO of Rio Tinto was in Melbourne lately, as the mining company is trying to remodel its reputation in the wake of the...
Capral Aluminium reports FY2020 annual turnover at $432 million; Sales volumes record 7.6% growth
Australia-based aluminium extruded product manufacturing company Capral Aluminium has reported its annual turnover for the 12 months of 2020 ended on December 31 at $432 million. Trading EBITDA stood at $19.7 million compared to $11 million in FY2019. For the second half of FY2020, Capral reported...
Aluminium Facade Systems appoints Colind Niland as Facade Consultant
Aluminium Facade Systems has made public the appointment of Colin Niland as their new facade consultant for Western Australia and South Australia. Aluminium Facade Systems, a specialist in the production and supply of architectural facade solutions that is safe, durable and aesthetically-pleasing...
Mozambique’s import of Alumina during 2018-19 remains flat, 2020 records drop
According to the IMF, the economy of Mozambique is forecasted to rise 4.7% in 2021, supported by the post-pandemic global economic recovery, reconstruction efforts, the recovery of the agricultural sector, the gradual easing of monetary conditions, and the clearance of supplier payment arrears. The...
Rio Tinto narrows Aluminium Pacific Operations Ore Reserves estimate
On Wednesday, February 17, Rio Tinto has announced that it changed its estimates of Ore Reserves and Mineral Resources at Rio Tinto Aluminium (RTA) Pacific Operations’ Weipa and Gove assets. The estimate has been decreased by 305 Mt from 1,530 Mt to 1,224 Mt. The reduction in Ore Reserve estimate...
Australian Government hands over two new aluminium fast boats to the Royal Soloman Islands Police Force
According to a recent report, the Australian Government has delivered two more new special purpose aluminium fast boats to the Royal Soloman Islands Police Force (RSIPF). The 9.2 metre long plate aluminium hull longboats will assist the latter for maritime surveillance and support its delivery of...
CME Western Australia applauds appointment of Ivan Vella as CEO of Rio Tinto - Aluminium Business
The Chamber of Minerals and Energy of Western Australia (CME) applaud Ivan Vella’s appointment as Rio Tinto’s Chief Executive Officer for aluminium business. Paul Everingham, CEO, CME said: “Mr Vella – who is the Chamber’s President – would carry a wide range of skills and experiences into his new...
Adbri secures exclusive lime supply contract extension with South32 Worsley Alumina refinery
Australia’s pioneering construction materials and industrial mineral manufacturing company, Adbri, has announced its contract extension with South32 alumina refinery. The five-year deal comprises of the exclusive supply of lime to the South32 Worsley Alumina refinery in Western Australia. The...
K2fly inks five-year SaaS resource inventory contract with Alcoa
K2fly, a software company headquartered in Perth, Western Australia, servicing the mining and other allied industries have signed a five-year contract for its RCubed Resource Inventory solution with Alcoa USA, one of the world’s largest bauxite miners with mines in Australia, Brazil, Guinea and...
Dr Mark Cooksey secures permanent position in ALCORE; Key responsibility includes AlF3 production process
Dr Mark Cooksey has permanently joined Australian Bauxite Limited’s technology subsidiary ALCORE Limited (Alcore). The news came on Wednesday, January 13, after ABx announced officially. Dr Cooksey first joined Alcore in January 2020 as a General Manager and became CEO in the next seven months on...
Indonesia’s export of Aluminium stranded wires during 2018-20 unfolds uneven movement
The Covid-19 pandemic has taken Indonesia into its first recession in 22 years, following a downfall of 5.32% in the Q2 of 2020. The last time this happened was during the Asian financial crisis in 1998. Indonesia’s export of aluminium stranded wires in 2018-19 stood at 2540 tonnes and the revenue...
A00 aluminium ingot price remains muted at RMB15690/t; Australian alumina FOB price climbs by US$2/t
According to the Shanghai Metals Market, A00 aluminium ingot price has remained restrained at RMB 15,690 per tonne, with average prices expected to range between RMB 15,670 per tonne and RMB 15,710 per tonne, as of Wednesday, January 6. Spot contract is expected to trade at a premium price of RMB...
Australia’s export of Aluminium scrap during 2018-20 exhibits uneven movement; earnings demonstrates dip
The economy of Australia's grew by 3.3% in the third quarter, recovering from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to report released at the beginning of December’20. Josh Frydenberg, MP and Treasurer commented that the country still...
Australia’s import of Aluminium structures during 2018-20 exhibits plunge; expenditure rises to billion dollars
The Australian economy bounced back strongly in the third quarter from a COVID-19 induced recession as consumer spending surged through the country’s top central banker signalled monetary policy will stay accommodative for a while. The largest country in Oceania has recorded with 114,809 tonnes of...
Recap 2020: The COVID-19 impact on global Bauxite segment and red mud utilization
The data analytics and consulting company, headquartered in London, GlobalData Plc in April’20 reported that bauxite miners generally been unaffected, with the major producing countries of Australia, Guinea and Brazil were yet to announce the closure of mines at that time and mines in China have...
Recap 2020: Production & consumption balance in alumina market buoys steady price trend amid the COVID-19 pandemic
Alumina market witnessed a controlled price trend in 2020 as there had been a fair balance between production and consumption of the ore, even amid the unprecedented COVID-19 pandemic. In the first few months of the year, the prices trended down significantly due to lower buying interests among...
Queensland Alumina to pay $500,000 fine for environmental damage due to chemical spill
Queensland Alumina Limited (QAL) has been fined $500,000 by Gladstone Magistrates Court for the chemical spill incident in September 2018, resulting in serious environmental harm and violating Environmental Authority (EA) rule. This is one of the largest environmental fines in Queensland charged...
