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 bauxite earnings drop in H1 2017 despite higher volume
<p>Rio Tinto reports four per cent increase in bauxite production in the first half of 2017 at 24.2 million tonnes in comparison to the same period of 2016. The increase was driven by record production at both Gove and Weipa bauxite mines.</p> <p style="text-align: center;"><img...
Queensland Bauxite confirms the progress of South Johnstone Bauxite Project in June quarter report
<p>Queensland Bauxite Limited has published its June Quarter 2017 report and updated on its progress on the development of its flagship South Johnstone DSO bauxite project in northern Queensland. The company aims to generate positive net cash flows in the short term once they start production and...
Fairview Architectural acquires new aluminium cladding system, expanding its product portfolio
<p>Fairview Architectural, a manufacturer and supplier of façade solutions throughout Australia, New Zealand and the United Kingdom, announced the acquisition of STRYUM business, an intelligent non-combustible aluminium cladding system, from Vitekk Industries. The company is expanding its...
Metro Mining provides construction update for Bauxite Hills project
<p>Metro Mining Limited is pleased to provide a construction update for the Bauxite Hills project, which is now fully funded through to the commencement of production.</p> <p> SAB Mining has been mobilised to site to commence civil works. SAB’s initial focus will be at the Port area,...
Australian Bauxite Ltd confirms sale of 30,000 tonnes of bauxite
<p>Australian Bauxite Limited announced the confirmation of its next bauxite sale. The company confirmed a sale of 30,000 tonnes of cement grade bauxite from its Bald Hill Bauxite mine, Campbell Town, Northern Tasmania.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
Queensland bauxite mines benefitted from growing demand for high-grade bauxite
<p>Growing demand for high-quality bauxite in the international market is slowly transforming the mining scene in Cape York at Far North Queensland. A number of bauxite projects are coming up in the area besides the Rio Tinto’s $2.6 billion Amrun project which would be one of the largest...
Rio Tinto urges for stricter price regulation of East Coast electricity generators
<p>Rio’s subsidiary Tomago Aluminium smelter in New South Wales has been struggling with uncertain power supply and higher power rate issues for years now. Tomago, which is co-owned by Rio and has CSR subsidiary Gove Aluminium Finance consumes 12 per cent of the state’s...
Boyne Smelters threatened by 35% electricity price hike in Queensland
<p>Queensland businesses are being hit with multi-million dollar price increases in electricity costs with some putting the hikes at 80%.</p> <p>A multi-million dollar price increase in electricity cost has hit a number of businesses in Queensland including Gladstone's Boyne Smelters. The...
Iceland imports about 1.65 million tonnes of alumina to feed its smelters, Australia tops the exporter list
<p>Iceland, this tiny island country which was once known only for its huge fish production and export is the new hub for aluminium and on the way to produce more aluminium in 2017 than the United States in the same way like two other countries with hydropower- Canada and Norway. Major Aluminium...
UPDATE: Metro Mining completes capital raising for Bauxite Hills
<p>The leading Australian mining and exploration company Metro Mining announced today the completion of fund raising for its flagship Bauxite Hills mine project in Queensland. The achievement highlights the fact that any project of global calibre can attract sizeable funding even in the current...
Rio Tinto’s Q4 2017 alumina & aluminium production down YoY
<p>Rio Tinto has released the production results of alumina and aluminium for the second quarter of 2017. The company’s alumina and aluminium production for the second quarter of 2017 was lower than the corresponding quarter of 2016.</p> <p><strong>Rio Tinto produced 888,000 tonnes of...
Rio Tinto’s Q2 2017 bauxite production up by 14% QoQ
<p>Rio Tinto today announced the production results for the second quarter of 2017. The company recorded improved production at its bauxite operations.</p> <p>Rio Tinto produced 12.9 million tonnes of bauxite in the second quarter of 2017. The production increased seven per cent when compared to...
Metro Mining to raise more funds for the development of Bauxite Hills project
<p>Leading bauxite developer Metro Mining announced trading halt on Monday, July 17, as it prepares to raise yet another round of capital for the development of Bauxite Hills project in Queensland, Australia. The company which recently secured A$40 million debt financing from Sprott Private...
Week in Review: Bauxite news updates from the globe
<p>The exports of bauxite in Brazil rose in June following 1.6 per cent year-on-year drop in the fourth quarter of the last financial year ending 31st March 2017. Bauxite export in June totalled 906,881 tonnes, up 9.3 per cent from the same period previous year<strong>.</strong></p> <p>Bauxite...
Australia to witness major drop in alumina export in H1 FY2017-18
<p>The global demand of alumina, the key electrolyte for aluminium production through Hall Heroult method, though rising significantly is lending little support to Australia’s exports. The largest exporter of alumina in 2016 is nearing a drop in the mineral commodity export, if quarterly...
ABx’s Binjour bauxite resources review poised to progress to the next step
<p>Leading bauxite producer Australian Bauxite Limited (ABx) recently updated its investors on the review of bauxite resources at Binjour saying that the project is soon to step into its next logical level. According to the company, Rawmin Mining and Industries Pvt. Ltd, the marketing partner of...
G20 Summit: Australia wins US import tariff exemption for aluminium
<p>The prime Minister of Australia Malcom Turnbull and Finance Minister Mathias Cormann succeeded in lobbying US President Donald Trump and other officials on the sidelines of the recently ended G20 Hamburg Summit and won import tariff exemption for Australian aluminium (and steel), reported...
No countervailing duty from now: Australia withdraws tariff on Vietnamese aluminium extrusion
<p>The Viet Nam Competition Authority (VCA) made an announcement on Tuesday, 4th July, that the Australia Anti-Dumping Commission (ADC) completed an investigation on alleged dumping of aluminium extrusions. ADC will not impose countervailing duty on aluminium extrusions imported from Viet...
