Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...
Rio Tinto adds Aurukun's 8 tpa bauxite opportunity to growing Cape York pipeline
The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
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Altech accomplishes Drilling program at Kerrigan Kaolin Project
Altech Chemicals Limited, the company who is aiming to become one of the leading suppliers of high purity alumina, has announced its accomplishment of the drilling program at its 100% owned Kerrigan kaolin project in Western Australia. The Kerrigan project is situated at 20kms south of the central...
ALCOA Australia looks to Future diggers
The first time in a decade, Bauxite mining company Alcoa, at their mines near Pinjarra, Western Australia, has been offering nine-year-long traineeships and has recruited 2 peoples from Rockingham for the job. It has been published that more than 1300 peoples have applied for the traineeship...
Alcoa donates US$ 50,000 to support the Australian Red Cross towards BUSHFIRE crisis
“As the bushfire crisis continues across Australia, our thoughts are with all those impacted” – Alcoa. Alcoa Corporation is the world's eighth-largest producer of aluminium, has expressed their sincere admiration and gratitude to all involved in fire fighting and recovery efforts, including...
Metro meets 2019 Guidance with 274,000 WMT bauxite production and 286,000 WMT shipment on Dec 23
Last week, on December 23, Metro Mining Limited reportedly achieved its 2019 upper-end guidance by completing the production of 274,000 wet metric tonnes (WMT) bauxite and shipments 286,000 wet metric tonnes (WMT), after loading the 56th and final vessel for the year. In October and November, the...
Bauxite Recap 2019: New mining projects and expansions boosted production and shipments, while prices remained sluggish
The year 2019 saw an increase in bauxite production all over the globe, bolstered by expansions in mining and also some of the new projects such as EGA’s first bauxite project in Guinea, Rio Tinto’s commissioning of Amrun bauxite mine, and the beginning of mining and screening operations at...
China’s bauxite import in November grew 11.38% M-o-M and 21.9% over the year
China Customs data showed a rise in China’s bauxite imports during November, followed by three consecutive months of downfall. Recording a growth of 11.38 per cent from a month ago and 21.9 per cent from the same period last year, the amount of import rebounded to 7.21 million tonnes. In October,...
Front-end engineering and design of a new bauxite terminal for Metro Mining is ready
Rocktree Consulting, a leading provider of marine dry-bulk cargo handling and delivery solutions, has reportedly finished the front-end engineering and design (FEED) of a new floating transhipment terminal for bauxite export from Australia’s Bauxite Hills Mine to China. The terminal is expected to...
Clean TeQ to supply scandium oxide to Panasonic Corporation Global Procurement Company
Clean TeQ announced it would collaborate with Panasonic Corporation Global Procurement Company to develop applications for scandium aluminium alloys for the latter’s consumer and electronics products. Clean TeQ and Panasonic have also signed a binding scandium offtake heads of agreement. Under the...
Rio Tinto and Hydro complete the first ever paperless trade in the alumina via CargoDocs solution
Rio Tinto and Hydro recently executed the first ever paperless trade in the alumina commodity segment. Both the companies used the CargoDocs solution from essDOCS for the transaction. This also marks the first ever paperless trade solution for alumina shipment by any company and also the first use...
Metro refinancing current debt facilities, part of Bauxite Hills Mine Stage 2 expansion funding package
Metro Mining Limited is reportedly refinancing its current debt facilities to enable the $47.5 million loan from North Australian Infrastructure Facility (NAIF) to be senior secured first-ranking. This loan is part of the funding package for Metro Mining's Stage 2 expansion at Bauxite Hills Mine in...
FYI bags $250,000 R&D incentive rebate for developing process design to refine HPA
FYI Resources Limited has reportedly received R&D tax incentive rebate payment of $250,000, which is meant for the expenditure on the development of innovative process design to refine high purity alumina (HPA) from aluminous clay known as kaolin. Kaolin for the proposed high purity alumina (HPA)...
Liberty House Chairman considers buying Alcoa’s Portland aluminium smelter in Victoria
Liberty House Chairman Sanjeev Gupta is reportedly considering buying the Portland aluminium smelter in Victoria, in an attempt to save the Australian facility from likely closure. The fate of one of Alcoa’s worst-performing smelters has been under a cloud for months, as the high cost of...
Australian Bauxite Limited to lodge mining lease application for Binjour in early 2020
According to a recent report, Australian Bauxite Limited (ABx) announced today, on December 16, that it would lodge a mining lease application early next year and if approved, it would ship unrefined bauxite produced at Binjour bauxite project from the port of Bundaberg in bulk tonnages. “A mining...
Rio Tinto extends ASI Certifications to aluminium facilities in Australia and NZ
Rio Tinto has reportedly expanded the ASI Performance Standard and Chain of Custody Standard Certifications to its Amrun and Weipa bauxite mines, Yarwun alumina refinery, and the Bell Bay and NZAS aluminium smelters in Australia and New Zealand. So, the company is now committed to offering more...
SRG Global secures multi-disciplinary services contract from Alcoa’s alumina refinery in Kwinana
Alcoa of Australia has reportedly handed over major multi-disciplinary services contract worth $90 million to SRG Global. The scope of services includes heavy mechanical and electrical maintenance, specialist rope access and scaffold services at Alcoa’s alumina refinery in Kwinana, Western...
Metro Mining to beat 2019 guidance; It produces 452,000 WMT bauxite and ships 463,000 WMT in November
The Australian exploration and mining company Metro Mining Limited announced another strong monthly performance for November, and with that a step closer to the production guidance of 2019. According to the performance report, the company produced 452,000 wet metric tonnes (WMT) of bauxite in...
FYI Resources secures a site in Kwinana industrial area for high purity alumina refining facility
The Australian listed resources company FYI Resources has reportedly received an industrial site in the Kwinana industrial area for its high purity alumina refining facility. The facility, as per the report, will refine kaolin feedstock arrived from FYI’s Cadoux Project. The company’s managing...
Australia continues to be China’s top bauxite supplier; exports up 5.03% MoM and 30.53% YoY in October
As updated by Shanghai Metals Market, China’s imports of bauxite continued to fall for the third straight month. China imported 6.48 million tonnes of bauxite in October as compared to 6.75 million tonnes in September. Bauxite imports declined by 3.97% month-on-month and 6.01% year-on-year,...
