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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Rio Tinto aluminium laboratories turn into temporary hand sanitiser development centres to combat COVID19
In addition to the New Zealand Aluminium Smelter (NZAS) at Tiwai Point, Rio Tinto’s other aluminium laboratories such as its Tasmania’s Bell Bay site, the Yarwun refinery in Gladstone have all become the temporary hand sanitiser development hotspots. The mining giant aims to ease the demand for...
The US import of Aluminium crude, metals and alloys from Australia remains positive during Nov’19 – Jan’20
The American import of aluminium crude, metals and alloys from Australia shows stability as the total import was recorded at 45,300 tonnes during Nov'19 - Jan'20. The total import of aluminium crude, metals and alloys of the US from Australia during Jan’19 – Dec’19 stood at 268,000 tonnes....
The “COVID-19” crisis: Reveals the high-priority of Australia’s aluminium supply chain
The Australian Aluminium Council and Australian Workers Union is anxious that any reduction of the crucial workers that strikes on the aluminium industry’s complex supply chain, in regards to shutdown measures, perils the permanent close-down of alumina refineries and aluminium smelters across the...
Australian Taxation Office soar aluminium smelter dispute with Rio Tinto
ATO has escalated its transfer pricing probe into Rio Tinto's aluminium division, further complicating talks between the miner and the federal government in regards to a rescue package for Rio's three loss-making Australian smelters. In February’20 a probe was advancing into Rio's aluminium...
Queensland Government approves NAIF’s $4.75 million loan facility for Metro Bauxite Stage 2 Expansion
The Queensland Treasury has reportedly informed Metro Mining Limited that the State Government has decided to not exercise veto right regarding the Metro's Bauxite Hills Mine Expansion proposal. In late 2019, the Northern Australia Infrastructure Facility (NAIF) had announced to offer a Loan...
ABx appoints Clough to design and construct its first Alcore production plant
Australian Bauxite Limited (ABx) has reportedly appointed Clough for the design and construction of its first Alcore production plant in New South Wales. After six months of test work, Alcore has now decided to construct the first commercial plant where byproducts from aluminium smelters will be...
Amid “Corona “catastrophe: Australian Bauxite ramps up its Bald Hill production to support fertilizer production
The Australian mining and metal company Australian Bauxite has started to increase its production to support fertilizer production in Tasmania. The Australian securities exchanges listed (ASX) Australian Bauxite company declared that it has started the delivery of 800 tonnes of its special...
Amid COVID-19 Capral still continues production and distribution facilities
Australia-based aluminium extruded product manufacturing company Capral said this week that its production and distribution facilities continued to operate amidst the COVID-19 pandemic. In order to safeguard the health of the workforce and communities, the company has put in several measures that...
COVID-19 lockdown: Australia’s loss-making aluminium smelters appeal for exemption
Australia's loss-making aluminium smelters have warned their possibility of returning might get reduced post joining the society for COVID-19 lockdowns and appealed government to exempt them. A scruple of industries, including police, resources and healthcare workers have been told to keep working...
Metro Mining to resume mining at Bauxite Hills in mid-April due to COVID-19 challenges apart from the wet season
Metro Mining has made public that it will resume mining at the Bauxite Hills Mine in early April’20, as formulated, with the first vessel to commence loading two weeks later. In general mining operations activities are kept in halt at the Bauxite Hills during the December-March wet season period....
Rio Tinto’s CEO to meet the Federal and State ministers of Australia to decide on Tomago Aluminium’s future
Jean-Sebastien Jacques, CEO, Rio Tinto, will be meeting the federal and State Government ministers of Australia about to discuss on the future of Tomago Aluminium smelter. Mr Jean-Sebastien will meet the New South Wales government representatives coming week as the smelter is confronting a threat...
Coronavirus attack might delay apartment completions by up to six months in Australia: Property dealers
The completion of residential development projects in Australia might get delayed by up to six months as cargo for building materials majorly aluminium frames held up in China due to the Coronavirus epidemic. Mark Bainey, the CEO, Capio Property Group, said: “My company's projects were unaffected...
China’s bauxite imports for the first time crossed 100 million tonnes in 2019
According to China customs data, the country in the entire year of 2019 imported 100.66 million tonnes of bauxite, compared to 82.57 million tonnes in 2018. This means the year saw an increase of 21.91 per cent in the import volume, exceeding the 100 million tonnes level for the first time. The...
Alumina Ltd. of Australia publishes annual result for 2019: Net profit after tax recorded US$ 326.6 million
Alumina Ltd. Australia, the investor in bauxite mining and alumina refining through Alcoa World Alumina & Chemicals (AWAC), today made public a statutory net profit after tax of US$ 214.0 million for the full-year to 31 December 2019, whereas after excluding significant itineraries, the net profit...
Ten Alcoa facilities receive ASI Certification under Performance & Chain of Custody Standard
Alcoa, on Wednesday, February 19, announced that it received certification from Aluminium Stewardship Initiative under ASI Performance Standard and also Chain of Custody Standard. The company said Mosjøen smelting facility received certification against ASI Performance Standard, while the 10 other...
AAL delivers 85.3-metre all-aluminium hull to a world premium yacht builder
Singapore-headquartered global multipurpose shipping operator, AAL, has reportedly delivered an 85.3-metre all-aluminium yacht hull, after completing the manufacture on time and within budget, following the specifications of cargo stakeholders. The hull is en route from Humen in South China to...
Australia’s largest Aluminium smelter Tomago Aluminium donates $50,000 to Rural Fire Service
Australasia’s largest aluminium smelter and has been operating 24 hours a day since 1983, Tomago Aluminium’s employees and contractors have again came up to show their social responsibility in regards to charitable causes, especially those affecting their communities. Though it came as little...
Rio Tinto starts dismantling its inoperative Gove refinery in the Northern Territory of Australia
Mining giant Rio Tinto has reportedly started dismantling its inoperative Gove refinery in East Arnhem Land in the Northern Territory of Australia. The refinery was mothballed in 2014, causing job loss to 1,000 workers. Smokestacks of the refinery have been already scaffolded and stripped down,...
