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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Gulkula Mining receives Performance Standard provisional certification from ASI
Gulkula Mining Company has reportedly received a Performance Standard provisional certification from Aluminium Stewardship Initiative (ASIS) for its bauxite mine operation on the traditional lands of the Yolngu people in East Arnhem in Australia’s Northern Territory. Gulkula commenced operations in...
Alpha HPA decides on Gladstone for building high purity alumina industrial plant
New South Wales-based $200 million worth advanced manufacturing business Alpha HPA has reportedly selected Gladstone over two potential sites in Newcastle and Kwinana for its high purity alumina industrial plant. Negotiation of final purchase terms for the land with the state government will be...
Australia’s Bauxite export displays stable move from 2017-20
There are currently five bauxite mines in Australia providing feedstock for the seven alumina refineries, which in turn supply alumina to the six Australian aluminium smelters and the export market. Demand for bauxite is growing at a faster rate than the growth in global industrial production. In...
Australian alumina FOB price stands higher at USD 285/t; A00 aluminium ingot price up by 1.3%
The average spot alumina price stands at RMB 2471 per tonne on Tuesday, 11 February 2020, an increase of RMB 4 per tonne from RMB 2467 per tonne. The alumina prices in China have increased in all major markets except South. The average prices of Alumina-East and Alumina-Central have risen by RMB 5...
Southern Cross Electrical Engineering secures contract to complete refurbishment of Rio’s Gove Peninsula mine
Southern Cross Electrical Engineering has reportedly secured a contract of $18 million to complete refurbishment work at Rio Tinto’s Gove Peninsula bauxite mine in the North East Arnhem Land site. The work also includes isolating and re-routing electrical and hydraulic services to the mine. The...
LME aluminium rose to US$1688/t despite US dollar extended its rally; SHFE aluminium recorded growth too
The US dollar extended its rally to a two-month peak against a basket its rivals on Wednesday, as reports of a possible treatment for the new coronavirus and strong US jobs data boosted investor sentiment. Three-month LME aluminium rallied to an intraday high of US$1,728 per tonne on Wednesday...
Clough Ltd Australia secures Alcore’s aluminium contract
The Australian engineering company Clough Ltd based at Perth has been commissioned by Australian Bauxite Company’s subsidiary Alcore for their design and construction of aluminium fluoride plant in New South Wales. The contract which is secured by Clough, states that it will be building a recycling...
Alcoa Corp’s Australian aluminium smelter slug by power failure amidst the heatwave
The Alcoa Corp’s Australian aluminium smelter was slug by power failure as on 31st January’20, following a transmission line toppled amidst high temperatures in the south-eastern part of the country. Australian Energy Market Operator, the administrator of electricity supply said: “the transmission...
Australian Bauxite Ltd eyes at Aluminium Fluoride production plant in Bell Bay, Tasmania
Tasmania’s bauxite miner has declared a key appointment as it is moving ahead in regards to the production of booming aluminium fluoride through an unprecedented refining process. The Australian Bauxite Limited project is eyeing to steer the production plant at Bell Bay, north-west of Launceston....
Alcoa’s mining and refining facilities achieve ASI Performance Standard Certification
Alcoa’s mining and refining facilities in Western Australia have been certified against Aluminium Stewardship Initiative’s (ASI) Performance Standard. This brings the company’s total number of certified facilities to nine. The certifications include Huntly Mine, Willowdale Mine, Kwinana Refinery,...
Australian Bauxite Ltd published Quarterly Report & Activity statement for three months to 31st December’19
The Australian Bauxite Ltd has published the quarterly report and activity statement for the period to 31 st December 2019. Cement-grade bauxite was loaded and shipped from bell bay in early June was 32,477 tonnes. Sales of fertilizer grade bauxite from Bald Hill are on-going to plan, despite...
Hydro to sell Kurri Kurri aluminium plant to Stevens Group and McCloy Group
Hydro announced that it will sell its closed Kurri Kurri aluminium smelter to a joint venture of local property and residential land developers Stevens Group and McCloy Group. Hydro's Kurri Kurri aluminium smelter started production in 1969 and went offline in 2012 due to the continued weak...
Sr. Principal Research Leader of CSIRO appointed as GM, Alcore: Australian Bauxite Ltd
The Australian Bauxite Ltd. is delighted to make public that Dr Mark Cooksey has been appointed as the General Manager of ALCORE Ltd. The appointment commences from 1 st February’20 for a 6-month engagement. Mark Cooksey appointed General Manager of Australian Bauxite Limited's 90%-owned...
Metro holds 70% increase in shipping costs responsible for its declined profit margins
Australian exploration and mining company Metro Mining Limited said that its profit margin per wet metric tonne (wmt) decreased by 36 per cent in the fourth quarter ended on December 31, 2019. According to the company, increased shipping costs over the year by almost 70 per cent are responsible for...
UGL bags contract to provide maintenance services to mining clients in W. Australia
CIMIC Group subsidiary UGL has reportedly bagged contracts worth A$180 million to provide services for maintenance, shutdowns, and sustaining capital projects to its mining clients in Western Australia. The services to be provided by UGL will include mechanical, electrical, instrumentation, other...
Metro Mining published December’19 quarter report: 15% downfall noticed
The Australian Bauxite miner Metro Mining has published its performance sheet of December’19 quarter, with production aligned with expectation. A downfall of 15% has been noticed when compared to the September’19 quarter, though when compared to June’19 quarters, a straight growth of 37% is...
Alcoa to continue operating its aluminium smelter in Victoria, at least till mid-2021
Alcoa will reportedly continue operating its aluminium smelter in Victoria, despite a significant net global loss last year. According to the report, while Alcoa reported a $1.12 billion net global loss in 2019, the smelter received $200 million in Australian government subsidies as part of a...
Rio Tinto shot up Amrun-Australia’s bauxite production as iron ore sinks
Rio Tinto has accomplished its ramp-up of the Amrun project in far north Queensland as scheduled, strengthening the operations for better performance in the company’s bauxite division. The gross output of the company has shot up 9% in 2019 when compared with the preceding year to 55.1 million...
