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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Australia remains the top alumina exporter in the years 2015-2016
<p>The global demand for alumina, the prime raw material for aluminium is growing like never before with faster growth in aluminium production. Recently Alcoa, during its earnings announcement said that it expects a 4 per cent growth in global aluminium demand in 2017. The world will continue to...
Airobotics launches automated drone to inspect operation at Worsley Alumina
<p>Airobotics, a leading provider of an end-to-end fully automatic solution, has developed an unmanned drone solution, the first of its kind in the global market. The company’s multi-purpose drone will be utilized at an Australian resources operation in a little while.<br /><br /><img...
Metro Mining officially acquires full ownership of Gulf Alumina
<p>Australia’s Metro Mining announced today that the company has acquired Gulf Alumina Ltd, taking full ownership of the company that it did not own previously. The company will proceed to combine Gulf’s Skardon River project tenements with its own Bauxite Hills mine.</p> <p><img...
Rio Tinto's annual bauxite production reaches record high rising 9% YoY in 2016
<p>Rio Tinto announced full year financial results for 2016 today. Operating cash flow generation reached US$8.5 billion and underlying earnings totalled US$5.1 billion (+12% year-on-year) for the entire tenure ended December 31, 2016. The balance sheet strengthened further with net debt reducing...
Altech HPA project due diligence at an advanced stage
<p>Altech Chemicals Limited has provided an update on the due diligence activities associated with the financing of its proposed high purity alumina (HPA) project. The various independent reviews and associated confirmatory pilot plant test work are now well advanced and nearing completion.</p>...
Australian Bauxite registers strong fertilizer and cement-grade bauxite sales in Q4 2016
<p>Australian Bauxite Limited (ABx) posted strong growth in fertilizer-grade and cement-grade bauxite sales in the fourth quarter of 2016. The metallurgical grade bauxite business showed little improvement. ABx, in its quarterly report and activity statement, said their bauxite features chemistry...
Alcoa to increase global capital investment in order to expand bauxite operations
<p>During the release of 4<sup>th</sup>Quarter and Full Year results, Alcoa’s Chief Executive Officer Roy Harvey says the company wants to “dramatically” ramp up its WA bauxite exports after last month’s first shipment of ore from its Huntly Mine in WA.</p> <p><img...
Boyne Smelter sees little hope in rising aluminium prices; says, production and job cuts unavoidable
<p>Boyne Smelter Limited is in the process of determining the number of job cuts and production reduction at its facility in Australia. The aluminium company, unable to cope with the surging electricity costs, is mulling downsizing, reported sources aware of the matter. This comes at a time when...
Rio Tinto agrees on sale of Coal & Allied
<p>Rio Tinto has reached a binding agreement for the sale of its wholly-owned Australian subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited for up to $2.45 billion comprising:<br /><br /> • An initial $1.95 billion cash payment, payable at...
HSF and Allens advises AGL on recent power deal with Portland Aluminium Smelter
<p>Herbert smith Freehills and Allens, the noted international law firms, have suggested AGL on the power deal that the company signed on recently. Silverton Wind Farm and the aluminium smelter in Victoria are the two deals that these law firms have suggested on.<br /><br /><img...
Rio Tinto to start operations at its new bauxite project
<p>Rio Tinto has awarded a $70 million bulk earthworks contract for infrastructure development to QBrit, a civil engineering firm, at its Amrun bauxite project in northern Queensland.<br /><br />As per company, the contract will create 150 employment opportunities in addition to...
Alcoa to resume Portland aluminium smelter post AGL power deal
<p>Alcoa announced on Friday morning that its Portland aluminium smelter will resume production of the lost capacity after the federal and Victorian governments offered rescue packages for the smelter worth A$30 million ($23 million) and promises to keep the smelter open till 2021.<br /><br />The...
Rio Tinto to cut down production at its Boyne aluminium smelter
<p>Rio Tinto today announced that the company will slash aluminium production worth more than $110 million and 30 jobs due to high power prices in the state at its Boyne aluminium smelter. The company will reduce up to 45,000 tonnes of aluminium production in 2017.<br /><br />Rio Tinto’s...
Rio Tinto’s 2016 bauxite production reaches 47.7 million MT
<p>The global metals and minerals giant Rio Tinto released its 2016 bauxite production report on Tuesday, January 17. The company produced 47.7 million tonnes of bauxite in 2016, higher than expected target set in last October with an increase by 9 per cent from 2015.<br /><br /><img...
Metro Mining doubles mine reserve
<p>Metro Mining Ltd has more than doubled its Direct Shipping Ore Reserve to 96.5 million tonnes by combining the Bauxite Hills Project north of Weipa with the neighboring Skardon River Project.<br /><br />Metro took control of Gulf Alumina Ltd and the Skardon River Project late last year. The...
Outlook 2017: Awaiting opportunities in the bauxite sector
<p>According to CRU, global alumina capacity is forecast to grow by 29.6% over the next ten years, reaching 179.6M tonnes by 2024. Metallurgical grade alumina capacity expansion, primarily in China will drive the growth in demand for bauxite. China's growing need for raw materials to feed its...
Alcoa’s Portland aluminium smelter shows growth after Australian financial support
<p>Alcoa’s aluminium smelter in Victoria has shown “progress” after Australia government offered financial assistance to the 30-year-old aluminium smelter which was damaged by a state-wide power outrage in December 2016. The smelter has been running at one-third of its...
Australia comes in aid of Alcoa’s Portland aluminium smelter
<p>The Australian Ministry has said on Monday January 9 that the government offered "substantial" financial support to Alcoa’s aluminium smelter in Victoria. The aluminium smelter in Victoria was damaged by state-wide power outrage in December that caused molten aluminium to solidify.</p>...
