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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Australian Bauxite Ltd likely to go ahead with Binjour bauxite mine after positive bulk sampling
Australian Bauxite Limited's bulk-sampling programs at Binjour QLD in 2019 have defined the optimum Mining Lease Application and clarified the mining-processing strategy for the Binjour bauxite project. The results confirmed that the mining project can operate at a bulk-scale and is capable of...
Alcoa Joins International Council on Mining and Metals
Alcoa Corporation, a global leader in bauxite, alumina and aluminum, today announced that it has been accepted as a member of the International Council on Mining and Metals (ICMM), an organization focused on enhancing the industry’s contribution to society with safe, fair and sustainable practices....
Rocktree Consulting announces completion FEED work for floating terminal for Bauxite Hills Mine
Rocktree Consulting has announced completion of the Front-End Engineering and Design (FEED) for a new floating terminal for Metro Mining Limited’s Bauxite Hills Mine in Australia. The miner exports its bauxite to China, the key consumer of bauxite. The FEED work is a part of an updated Definitive...
Darley Aluminium inaugurates New Darley Victorian showroom
Darley Aluminium, an Australian business involved in the manufacture and distribution of aluminium extruded products, has opened a new showroom in Keysborough, Victoria. The new showroom will showcase the latest trends in residential and commercial window and door systems, including ClimateGuard...
Nespresso sponsoring National Recycling Week to dispel aluminium coffee capsules recycling myths
Nespresso is reportedly sponsoring Planet Ark’s National Recycling Week, to be held till Sunday, November 17, to help dispel common myths around recycling as the theme of the event this year is ‘Recycling Mythbusters.’ According to the report, Nespresso will particularly, work on clearing doubts on...
Metro Mining secures A$47.5 million loan facility for Bauxite Hills expansion project
Metro Mining Limited has received a loan facility from Northern Australia Infrastructure Facility (NAIF) for Stage 2 Expansion of the Bauxite Hills Mine north of Weipa on Eastern Cape York. The facility is for up to A$47.5 million provided through a loan for up to 9 years. The funding would be used...
HPA startup FYI Resources produces 99.99% high purity alumina at its Cadoux pilot plant in West Australia
Aussie alumina startup FYI Resources has produced high purity alumina (HPA) during pilot testing at its Cadoux plant. Trial production at the company's kaolin prospect yielded a 99.99 per cent average purity grade. After the results, the company intends to transform the pilot production at the...
Metro Mining records strongest monthly shipments till data at Bauxite Hills during October
Metro Mining Limited, in its monthly performance report, revealed that its bauxite shipments at Bauxite Hills Mine during October came in at 504,000 wet metric tonnes (WMT), marking the strongest monthly performance since operations began in April last year. Compared with 497,000 tonnes in...
Metro Mining reports improved bauxite production and shipment in September 2019 quarter
Metro Mining has release its Quarterly Activities Report for the September quarter 2019. Total Bauxite mining for the Quarter stood at 1,420K WMT and the miner shipped 1,415K WMT. Both the numbers registered record levels since operations commenced. The Bauxite Hills Mines has registered month on...
China’s bauxite imports dropped in September for the second consecutive month
Shanghai Metals Market found that China’s bauxite imports fell in September for the second straight month, due to a weak supply from major sources such as the Republic of Guinea, as the latter entered a rainy season in July. Customs data under HS code 26060000 showed that China imported 6.75...
LME alumina contract starts trading based on CRU's API and Fastmarkets' FOB Australia alumina index
The London Metal Exchange's alumina contract has started trading last week and multiple lots of 50 tonnes were traded on Thursday 17 October 2019 at US$284 per tonne for November 2019 and US$294 per tonne on the January 2020 contract. The contracts were settled on a basket of CRU's alumina price,...
A Queensland University study shows bauxite, copper and iron ores face significant ESG challenges
A study published by researchers at the University of Queensland’s Sustainable Minerals Institute shows that some significant metal ores have the potential to face Environmental, Social and Governance (ESG) challenges, which may impact the global supply of metals. The scientists studied the ESG...
Mundus Vini 2019 data shows upward trend of aluminium closures used for still wines
During the recent Mundus Vini 2019 summer wine tasting festival, wines using aluminium closures accounted for 23% or 397 of the total 1737 award-winning wines. This was about 15% more from 20% or 344 out of 1730 winning entries in 2018. Still wines accounted for 1551 winners this year, of which 25%...
Metro Mining completes Definitive Feasibility Study for the Stage 2 expansion of the Bauxite Hills Mine
Metro Mining has announced the completion of the Definitive Feasibility Study (DFS) for the Stage 2 expansion of the Bauxite Hills Mine. The press release says that the expansion will reduce unit operating costs and increase production capacity to 6M WMT per annum from 2021 onwards. The DFS also...
Metallica Minerals identifies three logistics solutions to ship bauxite from Urquhart project
Metallica Minerals, an Australian bauxite developer, announced the company has identified three alternative logistics solutions to deliver bauxite from its Urquhart bauxite project. Metallica will finalise the solution and release an updated pre-feasibility study for the project by the end of...
FYI Resources completes trial production of HPA at its Welshpool pilot plant
FYI Resources Limited, an Australian Listed resources company, reportedly announced this week that it completed the trial production of high-purity alumina (HPA) at its pilot plant in Welshpool, Western Australia. This marks significant progress in FYI’s high-purity alumina development strategy. As...
Metro steps closer to its 2019 production guidance with 5% MoM growth in bauxite production in September
On Thursday, October 3, Metro Mining Limited reported September quarter results, with which it assured that it is well-positioned to meet 2019 production guidance of 3.3 million tonnes to 3.5 million tonnes of bauxite. As per the report, the company mined 1.42 million tonnes in the quarter from...
Australia’s Department of Industry lowers price forecast for alumina and aluminium over next three years
Australia’s Department of Industry on Monday it has lowered its aluminium price forecast for 2019 by 5% from its June forecast to US$1,793/t due to the bearish market conditions driven by trade tensions between the US and China. The revised forecasts were published in its latest Resources and...
