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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China’s imports of bauxite up 15% YoY in August, but down 6.4% MoM
According to the latest data from China Customs, China’s imports of bauxite increased 14.56 per cent year-on-year to 9.04 million tonnes in August 2019. Imports dropped 6.41 per cent month-on-month as rainy season deterred shipments from Guinea. Imports of bauxite in the first eight months of 2019...
ABx steps closer to supplying high-value aluminium fluoride to Australian aluminium smelters
Australian Bauxite Limited (ABx) is a step closer to selling high-value aluminium fluoride to Australian aluminium smelters, as its subsidiary ALCORE has proven to be able to chemically refine the company’s bauxite and its components into aluminium fluoride and several other valuable co-products....
A00 aluminium ingot price extends growth by RMB30/t; Australian alumina FOB stands at USD293/t
A00 aluminium ingot price started the week higher at RMB 14310 per tonne on Monday, 23 September 2019. That was up by RMB 30 per tonne or 0.21 per cent from its previous price of RMB 14280 per tonne on Friday. The price is expected to move within a range of RMB 14290-14330 per tonne. Wuxi witnessed...
Carlton & United Breweries forays into wine with the acquisition of canned wine company
Carlton & United Breweries (CUB) announced the acquisition of Adelaide-based Riot Wine Co for an undisclosed amount, foraying into the wine business. Riot Wine Co, launched in 2016, is the only company in Australia that sells wine exclusively in kegs and cans. Riot co-founder and chief winemaker...
A-Tech Australia to build aluminium components factory at former Electrolux site
A-Tech Australia, a leading supplier, manufacturer and installer of aluminium for Sydney’s urban landscape, has reportedly placed a plan with Orange City Council to redevelop the former Electrolux site for starting an aluminium factory. Under the proposal, A-Tech will locally produce aluminium...
Metallica Mineral report for June quarter says no development on Urquhart Bauxite Project yet
Metallica Mineral’s Quarterly report for the period ended 30 June 2019 has given an update on the company activities and development during the quarter. The miner’s Urquhart Bauxite Project, located 5 km southwest of Weipa on the western coast of the Cape York Peninsula, which is a region renowned...
A00 aluminium ingot price extends gain by RMB50/t; Australian alumina FOB down by USD3/t
A00 aluminium ingot price has edged higher by RMB 50 per tonne or 0.35 per cent to stand at RMB 14470 per tonne on Wednesday, 11 September 2019, from its previous price of RMB 14420 per tonne on September 10. The price is expected to range at RMB 14450-14490 per tonne. Spot aluminium price is...
China’s bauxite imports up 33% YoY in July 2019; Guinea remains the top supplier
According to the latest data from China Customs, China’s imports of bauxite increased 3.8 per cent month-on-month to 9.66 million tonnes in July 2019. China had imported 9.3 million tonnes of bauxite in June. Imports rose 32.7 per cent from 7.28 million tonnes in July 2018. {newsStudioGallery}...
Archer Exploration sets HPA exploration target for EPHPA Project in South Australia
Archer Exploration has divulged an exploration target for its Eyre Peninsula High Purity Alumina (EPHPA) Project in South Australia. The EPHPA Project area is within close proximity to existing power, water, road, rail and other critical infrastructure. Historical drill results in the project area...
Metalsearch to acquire Abercorn Kaolin Pty Ltd and its potential HPA project
Metalsearch, an emerging exploration company, has signed an agreement to acquire Abercorn Kaolin Pty Ltd, which owns the large-scale Cynthia kaolinite discovery in central Queensland. Abercorn plans to develop the kaolin resource into a high purity alumina and commercial-grade aluminium sulphate...
Australia’s alumina export to South Africa likely to decrease by 25% in 2019
Australia is the world's largest producer of bauxite and alumina, and the world's largest exporter of alumina. In 2014-15, alumina production in the country totalled at 19.9 million tonnes, out of which almost 86 per cent was exported directly, while the rest used in domestic aluminium production....
Metro’s bauxite production, shipments increased 3.8% and 24% M-o-M in July
Metro Mining has released results for the month of July and reported bauxite production of 443 thousand wet metric tonnes (WMT) and shipments of 463 thousand wet metric tonnes (WMT). This marks a month-on-month growth of 3.8 per cent in production and 24 per cent in shipments, bringing the total...
China’s bauxite imports recorded 39.26% growth in H1 2019
The latest Customs data showed that China’s bauxite imports in the first six months of 2019 came in at 56.63 million tonnes, after expanding by 39.26 per cent from the same period last year. Greater domestic production of alumina and tighter supply of the ore could be the two reasons for this...
Tasmanian fertiliser-grade bauxite sales increasing, says ABx in its Q2 report
Australian Bauxite Limited posted increasing sales of Tasmanian fertiliser-grade bauxite in its second quarter report. The company said in the report that superphosphate fertiliser made by acid processing bauxite from the Bald Hill Mine near Campbell Town gained strong sales. In early June, about...
Iceland’s total alumina import and import from Australia to grow in 2019 after declining last year
The presence of abundant electrical power in Iceland due to geothermal and hydroelectric energy sources has been buoying the aluminium production in Iceland. Aluminium producers like Alcoa and Century Aluminium which have closed smelters in the U.S. are still running facilities in Iceland, mostly...
Chevron signs gas supply deals with Worsley Alumina
Chevron (TAPL) Pty Ltd, one of the world's leading integrated energy companies, has signed a domestic gas sales agreement with the South32-operated Worsley Alumina Joint Venture for the supply of natural gas. Chevron will provide approximately 60 petajoules for the operation of the Worsley Alumina...
Western Australia’s container deposit scheme to be launched next year
According to a recent report, Western Australia will launch its much-awaited container deposit scheme in 2020, with a 10 cent refund on offer for every eligible container returned. This initiative is designed to encourage people to recycle empty containers and reduce litter. Aluminium containers...
Metro Mining reports about 98% increase in bauxite production YoY to 880k WMT in June quarter
Metro Mining has released results for its June quarter and reported bauxite production of 880 thousand wet metric tonnes (WMT). The company’s June quarter bauxite shipments stood at 836 thousand Wet Metric Tonnes (WMT). Shipping levels since mid-June have exceeded the estimated annual rate of 3.5...
