85% recycled aluminium: Recorp raises the bar for sustainable beverage cans
Aluminium cans are under the spotlight among consumers and beverage manufacturers looking for more recyclable packaging, with the material already holding a strong circularity position against plastic and glass. Recorp tunes it further with ReCan85, an aluminium beverage can containing 85 per cent...
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...
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Rio Tinto’s 2017 alumina production down on maintenance work at Queensland refinery
Rio Tinto’s alumina production for the fourth quarter of 2017 was one per cent lower than the fourth quarter of 2016. The total alumina production stood at 2 million tonnes in Q4 2017. For 2017, Rio Tinto’s alumina production reduced to 8.1 million tonnes. “Alumina production for 2017 was in line...
Strong operational performances at Gove & Weipa lift Rio Tinto’s 2017 bauxite production
Global miner Rio Tinto today announced production results for the fourth quarter and full year 2017. Rio Tinto’s bauxite production in 2017 was six per cent higher than 2016. The company produced 50.8 million tonnes of bauxite in 2017. “Production at Gove was 23 per cent higher than 2016,...
Altech submits manufacturing licence application for its high purity alumina plant
Altech Chemicals Limited has submitted a manufacturing licence application to the Malaysian Investment Development Authority (MIDA) for 4,500 tonnes high purity alumina (HPA) plant in Malaysia. The high purity alumina project represents an investment of approximately 1.2 billion ringgit. The plant...
Batchfire Resources gets extension mine lease for its coal mine for 25 years
Australia’s Batchfire Callide Pty Ltd will continue to operate the coal mine in Central Queensland after the State Government approved an extension to its Boundary Hill mine lease. The mining lease period of the mine has been extended till 2043. Anthony Lynham, Minister for Natural Resources, Mines...
Metallica Minerals receives mining lease for Urquhart Bauxite Project
Metallica Minerals Limited today announced that it has received the mining lease for the Urquhart Bauxite Project from the Queensland Department of Natural Resources and Mines. The company is now awaiting a separate approval for construction of the haul road linking the project to established port...
China alumina imports down while exports were up in November 2017
China’s imports of alumina reduced 19.51 per cent year on year to 210,579 tonnes in November. During January-November 2017, imports were up at 2.72 million tonnes, according to the latest import-export data published by China General Customs. In November, Indonesia and Australia exported 91,351...
US imports of alumina jumps 19% in Q3 2017, exports drops 32% QoQ
According to the latest USGS release on Bauxite and Alumina in the Second Quarter 2017 , imports of alumina by the U.S. in the third quarter of 2017 were 364,000 tonnes, 19% more than the amount of 307,000 tonnes imported in the second quarter of 2017 and 17% more than the amount of 315,000 tonnes...
BRL requests shareholders to vote in favour of the proposed capital return
On 15 December 2017, Bauxite Resources Ltd announced a proposal to make a capital return of 5 cents per share, subject to shareholders approval. The board is currently reviewing its capital management initiatives, a press release from the company says. According to the press brief, the Company...
Bauxite Resources Ltd offers capital return of 5c a share to shareholders
Bauxite Resources said that they set aside $10.7-million of its cash to reward shareholders with a capital return of 5c a share. This came as a counter move to thwart a takeover bid from Mercantile Investment Company. In November, Mercantile has announced an off-market takeover bid for Bauxite...
Mercantile Investment Company submits bidder’s statement for Bauxite Resources Limited
Mercantile OFM Pty Limited, a Melbourne based investment company has announced that further to the bidding announcements made in November 2017 by them for Bauxite Resources Ltd, they have completed sending its bidder’s statement, offers and supplementary bidder’s statement to shareholders of...
Australian Bauxite reports ALCORE project update
Leading bauxite producer, Australian Bauxite Limited reported progress on the ALCORE project as per schedule announced to the Australian Stock Exchange on November 13, 2017. The project aims at developing bauxite beneficiation and refining technology that will be used to produce Aluminium Fluoride...
First Aboriginal mine opens in Northern Territory
Sunday was a proud day for Aboriginal people in Australia's Northern Territory, with the opening of a new bauxite mine. At a ceremony marking the official mine opening, Gumatj leader Galarrwuy Yunupingu poured a handful of bauxite into the hands of two Rio Tinto (LON:RIO) workers, Sky News reported...
Metro Mining completes major infrastructure at Bauxite Hills Mine
An Australian exploration and mining company Metro Mining announced that all major infrastructure had reached practical completion including the Barge Loading Facility (BLF), Marine Offloading Facility, cyclone moorings, navigational aids and tidal gauge. Metro Mining Managing Director Simon...
South32 to establish SA Energy Coal as a stand-alone business
Australian miner outh32 announced on Monday that it will operate SA Energy Coal (SAEC) as a stand-alone business. The company will spend R4.3 billion from April 2018 in SAEC’s Klipspruit Life Extension project. Graham Kerr, CEO of South32, said, "Establishing SA Energy Coal as a stand-alone...
China alumina imports continue to outpace exports in October
China’s imports of alumina increased 21 per cent year-on year to 277,674 tonnes in October. For the ten months from January to October 2017, imports were up at 2.51 million tonnes, according to the latest import-export data published by China General Customs. In October, Australia and Vietnam were...
IronRidge discovers high-grade bauxite in Queensland
IronRidge Resources Limited announced that they have discovered high-grade bauxite at its wholly owned Monogorilby bauxite project in Queensland, Australia. Vincent Mascolo, CEO of IronRidge, said: "We are very pleased with the results of the Company's ongoing mapping and sampling activity at...
Scandium International advances Nyngan Scandium Project in Australia
Scandium International Mining Corp. (SCY) has instructed its EPCM contractor Lycopodium to commence critical path engineering on Nyngan Scandium Project in NSW, Australia. The company is expected to begin scandium production in first half 2019. SCY is focused on developing the Project into the...
Nissan’s EV promises to run the show for Australian automotive manufacturing
Australian automotive manufacturing sector is betting big on Nissan’s electric vehicle dream. At a time when automobile honchos like Holden, Ford, and Toyota have pulled out from Australia’s manufacturing domain, Nissan still continues to win contracts for its automotive aluminium die-casting parts...
