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Asia Pacific mining sector to see more M&A and increased activity in 2017
16 MAR 20172MINS

Asia Pacific mining sector to see more M&A and increased activity in 2017

<p>According to the latest annual Asia Pacific M&amp;A report by Herbert Smith Freehills, mining sector including coal and gold could witness a rise in mergers and acquisitions in 2017 and bauxite will see improved activity and investment.&nbsp; Factors like better commodity prices, lower...

Work to commence on Metro Mining’s Bauxite Hills Mine
15 MAR 20173MINS

Work to commence on Metro Mining’s Bauxite Hills Mine

<p>Metro Mining Ltd plans to commence construction of The Bauxite Hills Mine north of Weipa in July with mining operations and first shipment scheduled for April, next year.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...

Altech gains mining approval for Meckering deposit
14 MAR 20172MINS

Altech gains mining approval for Meckering deposit

<p>Altech Chemicals Limited announces that the Department of Mines and Petroleum (WA) has approved the mining proposal and the associated mine closure plan for its Meckering kaolin deposit. The mining approval marks an important stage in the development of the Company&rsquo;s proposed Meckering...

Metro Mining merges its standalone bauxite projects
14 MAR 20171MINS

Metro Mining merges its standalone bauxite projects

<p>Metro Mining Ltd, an Australian exploration and mining company based in Queensland, has combined two separate geological models and create a single expanded resource for its Bauxite Hills Mine project.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right:...

Bell Bay Aluminium concerns over increase gas prices
13 MAR 20172MINS

Bell Bay Aluminium concerns over increase gas prices

<p>Bell Bay Aluminium, located in Tasmania,&nbsp;Australia, has raised concerns over increased and uncompetitive gas prices due to hiked in Australian exports and restrictions on exploration. The company consumes substantial amount of Tasmanian gas.</p> <p><img style="vertical-align: middle;...

Taiwan imports the largest chunk of aluminium from Australia
09 MAR 20172MINS

Taiwan imports the largest chunk of aluminium from Australia

<p>Taiwan&rsquo;s GDP has increased 2.6% year-on-year in Q4 2016, accelerating from the 2.0% increase in Q3, marking the fastest pace of growth since Q2 2015. For the full year 2016, Taiwan&rsquo;s economic growth was 1.4%, strengthening from the 0.7% expansion in 2015. The government expects GDP...

Alcoa Pinjarra refinery's Sharron Freitas named WA’s resource woman of the year
08 MAR 20172MINS

Alcoa Pinjarra refinery's Sharron Freitas named WA’s resource woman of the year

<p>Alcoa&rsquo;s Operations Centre Group Leader Sharron Freitas has taken out a major industry award for her contribution to the mining industry when she was named the 2017 Outstanding Operator/Technician/Trade Woman in the Chamber of Minerals and Energy&rsquo;s Women in Resources Awards.</p>...

Rio Tinto to slash Boyne aluminium smelter's annual production
03 MAR 20172MINS

Rio Tinto to slash Boyne aluminium smelter's annual production

<p>Rio Tinto has planned to cut down 80,000 tonnes of annual production and more than 100 jobs at its Boyne aluminium smelter in Gladstone. The annual aluminium production of the smelter is valued at $US160 million at current prices.</p> <p><img style="vertical-align: middle; display: block;...

SCY and Weston Aluminium sign MoU to produce aluminium-scandium master alloy
03 MAR 20171MINS

SCY and Weston Aluminium sign MoU to produce aluminium-scandium master alloy

<p>Scandium International Mining Corp. (SCY) has announced that the company has entered into a MoU with Weston Aluminium Pty Ltd of Chatswood, NSW, Australia, for manufacturing aluminium-scandium master alloy. Under the MoU, the companies will develop the capability to provide Nyngan Project...

Rio Tinto’s Amrun bauxite project to create 300 local jobs
28 FEB 20172MINS

Rio Tinto’s Amrun bauxite project to create 300 local jobs

<p>Rio Tinto, one of the leading metals and mining&nbsp;conglomerate in the world says that with the beginning of construction of its $2 billion dollar Amrun bauxite project in Far North Queensland, it will create about 300 jobs for the local people.</p> <p><img style="vertical-align: middle;"...

Australian Bauxite identifies refractory-grade bauxite layers near Port Kembla
27 FEB 20172MINS

Australian Bauxite identifies refractory-grade bauxite layers near Port Kembla

<p>Australian Bauxite Ltd (ABx) announced today that the company has identified high quality refractory-grade bauxite in Penrose state pine forest, en route to Port Kembla in New South Wales, Australia. There is a worldwide market for refractory-grade bauxite that is fairly a high-priced - ABx...

Metro Mining set to raise $52M for Bauxite Hills Mine
27 FEB 20172MINS

Metro Mining set to raise $52M for Bauxite Hills Mine

<p>Metro Mining Limited has launched a $52.4 million equity raising to advance its Bauxite Hills Mine 95 km north of Weipa. The company also plans to repay loan facilities that supported its recent acquisition of neighbouring Gulf Alumina Ltd (December last year.)</p> <p><img style="vertical-align:...

AWAC aluminium production drops 5% in 2016; rising energy costs threaten smelter operations
24 FEB 20173MINS

AWAC aluminium production drops 5% in 2016; rising energy costs threaten smelter operations

<p>Alcoa's Australian partner Alumina Limited has reported a loss of $US30.2 million ($A39.3 million)in 2016, down from a $US88.3 million ($A114.8 million) profit in 2015 driven by restructuring-related write-offs and lower prices and volumes.</p> <p><img style="vertical-align: middle; display:...

Australia's aluminium shipments decline following production cuts at smelters
23 FEB 20172MINS

Australia's aluminium shipments decline following production cuts at smelters

<p>The aluminium industry of Australia represents a highly vertically integrated system comprising bauxite mines, alumina refineries and four major aluminium smelters- all operated by the biggest names in the global aluminium industry. In 2015-16, Australia produced 1.6 million tonnes of aluminium...

Alumina Limited reports net loss for 2016 full year, partly offset by improved bauxite sales
23 FEB 20173MINS

Alumina Limited reports net loss for 2016 full year, partly offset by improved bauxite sales

<p>Alcoa's Australian partner Alumina Limited has reported full year result for 2016 and registered a loss of $US30.2 million ($A39.3 million) down from a $US88.3 million ($A114.8 million) profit in 2015. The loss is attributed to restructuring-related write-offs and lower prices and volumes.</p>...

Australia's mission to reach 2020 renewable energy target wreaks havoc on aluminium smelters
22 FEB 20173MINS

Australia's mission to reach 2020 renewable energy target wreaks havoc on aluminium smelters

<p>Australia's recent shift away from thermal power to alternative energy sources to meet a national 20 per cent renewable energy target by 2020 has put aluminium smelters and mineral refining businesses of the country in a complicated situation. The supply uncertainty of electricity is making it...

Australia’s Aqualuma pitches aluminium LED lighting against Chinese products
22 FEB 20172MINS

Australia’s Aqualuma pitches aluminium LED lighting against Chinese products

<p>Aqualuma, the world&rsquo;s leading LED lighting manufacturer in Australia, has introduced LED highbay light called Lite-bay for the marine industry. The Lite-bay is a cost- effective solution and is best suited for small businesses for restraining them from buying cheaper imported products.</p>...

Tomago aluminium smelter temporarily halts production to avoid state blackouts
13 FEB 20172MINS

Tomago aluminium smelter temporarily halts production to avoid state blackouts

<p>Production at Australia&rsquo;s Tomago aluminium smelter has been temporally halted by AGL Energy in order to cut down electricity load as the people of New South Wales have been notified of severe state blackouts across the state.<br /><br /><img style="vertical-align: middle; display: block;...