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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Australian Bauxite announces HoA for ALCORE project
Australian Bauxite Limited has announced the finalisation of a Heads of Agreement (HoA) with technology provider Refined Ore Industries Limited (ROIL) for its ALCORE project. The project which aims at developing a bauxite beneficiation and refining technology to produce aluminium fluoride from...
Bauxite Resources advises shareholders not to take any action on the proposed takeover by Mercantile
Bauxite Resources Limited has published its response to the Off-Market Proportional Takeover Offer by Mercantile Investment Company Limited. The company has said in a release that it has come to know through an announcement to the Australian Securities Exchange dated 8 November 2017 that a wholly...
Mercantile plans to buy Bauxite Resources, sell its assets and return cash to shareholders
ASX-listed Mercantile Investment Company has announced its intention to make a proportional off-market takeover bid for half of fellow-listed Bauxite Resources as part of a plan to put cash back in shareholders’ pocket after a decade of “failed” exploration efforts. In a letter to Bauxite Resources...
Rio Tinto announces it will never reopen Gove alumina refinery
MINING giant Rio Tinto has officially decided to never reopen their Gove refinery, and will instead embark on a lengthy, costly and environmentally fraught dismantling operation. The East Arnhem Land refinery has been in ‘care and maintenance mode’ since operations were mothballed and 1100 workers...
Metallica Minerals posts an update on Urquhart bauxite mining lease
Metallica Minerals Limited notes that the Queensland State Government has called for an election to occur on 25 November 2017. As a consequence Caretaker Government protocols now apply. The Company has received advice that it remains possible for the Urquhart Bauxite Mining Lease to be granted...
Iran seeks $50 billion in mining investment for five-year plan - deputy minister
Iran is seeking $50 billion in investment for its mining industries out to 2022 and has signed agreements with several European and Asian banks in the past few months, the country’s deputy mining minister said on Wednesday. “We are in need of $50 billion for investment in the mining and mining...
Electricity regulator sees long future for Tiwai Point aluminium smelter
New Zealand's abundant renewable electricity may be the saviour of the Tiwai Point aluminium smelter, attract energy-intensive industries to New Zealand and eventually see electricity exported across the Tasman Sea to Australia, the chair of the Electricity Authority, Brent Layton, says. In a...
Rio Tinto adds alumina refineries to aluminum smelters sale: sources
Rio Tinto is attracting renewed interest in selling its Pacific Aluminium smelting unit by adding two alumina refineries in Australia to the portfolio, according to three sources familiar with the matter. Rio Tinto had tried to sell the division minus the refineries in 2011 and again in 2015...
Australian Bauxite announces quarterly report for three months to 30 September 2017
Australian Bauxite Limited (ABx) has posted quarterly report and activity statement for three months to 30 September 2017. The company registered two sales during the quarter comprising 30,000 tonnes of mixed grade blended cement-grade bauxite and 5,000 tonnes of cement grade. Fertiliser grade...
China’s alumina imports outweigh exports in September
According to the latest import-export data published by China General Customs, China’s imports of alumina totalled 275,385 tonnes in September 2017, up 93 per cent year-on year. The country imported 2.23 million tonnes of alumina between January and September, an increase of 2.96 per cent year-on...
Australia outshines Guinea as China’s top bauxite supplier in Sept 2017
After putting up a somewhat muted show for two consecutive months- July and August, Australia's bauxite exports to China grew in September 2017. The volume increased by 63 per cent year-on-year to reach 2.83 million tonnes, higher by 369,303 tonnes from Guinea’s bauxite exports to China (2.46...
Altech Chemicals moves closer to raising US$20 mln for its HPA plant expansion project
One of the world’s promising high purity alumina producer, Altech Chemicals is planning to raise US$20 million in a placement for its proposed capacity expansion plan of the high purity alumina plant from 4000tpa to 4500tpa. The move comes after the company was forced to more than pare down the...
Australian Bauxite Ltd major shipments underway from Bell Bay Tasmania
Loading of the next two bauxite cargoes of bauxite producer, Australian Bauxite Limited (ABx) commenced at Berth 6, Bell Bay Port, Tasmania on 21st October. The ship, MV Marianna is scheduled to depart on 24th October. Ship scheduling and associated logistics in making the cargoes available have...
Rio Tinto in talks with GFG Alliance for the sale of Pacific Aluminium smelters
The global mining giant Rio Tinto Group is mulling sales of its aluminium operations in Australia and New Zealand, reported the Financial Times. The sale of assets includes Pacific Aluminium and a power station at Gladstone, for which the group is in talks with Sanjeev Gupta owned Gupta Family...
Rio Tinto’s bauxite production up by 4% in Q3 2017
Rio Tinto announced the production results for the third quarter of 2017. The company registered a four per cent increase in bauxite production in the third quarter. Rio Tinto’s bauxite production was 12.9 million tonnes for a second consecutive quarter. This was due to strong production at Weipa...
Week in Review: Top news from global bauxite sector
A weekly recap to bring you up-to-date information on bauxite industry across the world .Bauxite industry witnessed a number of development last week .Here’s all you need to know: EGA signs agreement with Queensland University to research on use of bauxite residue to make soil Emirates Global...
Licence on South Johnstone bauxite project could lead to ASX price rise: Queensland Bauxite
On being inquired about the recent share price rise on Australian Stock Exchange, Australian mining company Queensland Bauxite said the expected imminent grant of a mining development licence for its flagship South Johnstone bauxite project could be a reason. The company also pointed out to its...
Australian shipbuilder secures $190 million contract for aluminium trimaran ferries
Austal Limited, an Australian-based global ship building company, has secured €126 million (A$190 million) contract for two 117 metre high-speed vehicle passenger aluminium trimaran ferries for Fred Olsen S.A. of the Canary Islands, Spain. Austal Chief Executive Officer David Singleton said: "It is...
