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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Metro Mining Ltd wins the battle for Gulf Alumina Ltd
<p>Metro Mining Limited has won additional 57.3% of Gulf Alumina shares after increasing its offer. Following the final settlement Metro Mining will hold 96% shares of Gulf.<br /><br />Metro used to hold 39.3% shares of Gulf being the largest single shareholder of the company. Metro increased its...
Power failure causes production halt at Alcoa’s Portland smelter
<p>A fault on the Victorian transmission network on November 30 cut power to the potlines of Alcoa’s Portland smelter for more than five hours. Alcoa as a result has curtailed production at one of the potlines at its smelter to ensure safety of the workers.<br /><br />"Efforts are focused on...
Altech Chemicals submits mining plan for their Meckering mine in Western Australia
<p>Altech Chemicals Limited has now submitted a mining proposal (MP) and mine closure plan (MCP) to the Department of Mines and Petroleum (DMP) for their Meckering kaolin mine in Western Australia. The Meckering kaolin mine is planned to be developed in order to provide feedstock for its proposed...
Indonesia to export 11632 tonnes of alumina in 2016, up 10.2% YoY
<p>At a time when Indonesia is considering a revision of its ore export policy, including deferment of the ban on processed ore exports by three to five years from January 2017, Customs data released by China last week showed that alumina imports from the South-east Asian country surged 191.1%...
Metro Mining Ltd: Update on Moly Mines offer to Gulf Alumina
<p>Metro Mining Ltd has provided an update on the Moly Mines Ltd offer to Gulf Alumina. Metro said today that it wishes to advise that yesterday Moly Mines Ltd announced that it had received notice from the Australian Securities Exchange advising that it will exercise its discretion under...
China's alumina imports from Indonesia surge 191% MoM in Sept
<p>Indonesia raced past Australia to become China’s top alumina supplying country in the month of September, General Customs data of China showed. <br /><br />Alumina imports from Indonesia surged 191.1 per cent month-on-month to total at 81,800 tonnes, while the shipments from Australia...
Rio Tinto outlines strategy to generate $5 billion of additional free cash flow
<p>Rio Tinto outlines strategy to generate $5 billion of additional free cash flow over the next five years and the company has unveiled a productivity drive to achieve the same.<br /><br />Rio Tinto chief executive J-S Jacques underlined the strategy in a presentation at an investor seminar in...
China diversifies bauxite sources while imports decline 2.8% YoY in Sept 2016
<p>China diversified its bauxite imports sources in September this year in order to meet the rising demand from the domestic alumina industry, reported Shanghai Metals Market. In spite of shrinking imports of aluminium ore from Australia and Guinea, shipments from India, Fiji and Solomon Islands...
Metro Mining winning battle for Gulf Alumina
<p>Metro Mining appears to have won a prolonged takeover battle for Gulf Alumina Ltd.<br /><br />Metro launched its bid for Gulf last December. Gulf, a public unlisted company, owns the Skardon River bauxite project bisecting Metro’s Bauxite Hills’ project north of Weipa on Western Cape...
MHM, AMC sign merger term sheet to create new bauxite company
<p>Alliance Mining Commodities (AMC), a Bermudan minerals development company has signed a merger term sheet with MHM Metals of Melbourne, Australia, reported industry sources aware of the matter. The proposed merger will be implemented by way of a scrip exchange, at an indicative merger ratio of...
Moly Mines fighting a $53 mln battle with Metro Mining over Gulf Alumina's Queensland bauxite mines
<p>Moly Mines, one of the most talked about companies on the ASX (for all the wrong reasons though) is reportedly fighting a US$53 million+ battle with Metro Mining for the acquisition of Gulf Alumina's Queensland bauxite operations ownership. Every stakeholder linked to the matter is known to be...
CBIX up, alumina up, cape rates up and more Chinese refinery capacity for Indonesia
<p>CBIX was up 2.7% (US$1.3/dmt) on the back of high Value-in-Use (ViU) cargos from Australia and Brazil and the absence of any lower ViU cargos (e.g. from Malaysia) to counter-balance. Although Malaysian prices remain unchanged (US$27.5/dmt FOB un-washed and US$39.5/dmt FOB washed), an increase in...
Top five bauxite mining companies in the world
<p>The global Bauxite resources are estimated to be 55 to 75 billion tons. Currently the total reported mine production from 27 countries stands at 245 million tons. The leading f bauxite producing countries are Australia, China, Brazil, Guinea, India, and Jamaica. These countries accounted for 87%...
Metro Mining considers their offer for Gulf to be superior to Moly Mine's new offer
<p>Metro Mining Limited has announced the presentation of a highly conditional proposal by Moly Mines Limited regarding acquisition of all the shares of Gulf Alumina Limited. The company said it is pinning hopes on the Gulf Board of Directors' decision on the new proposal who they learnt to be...
Australia's total bauxite export estimated to reach 23.25 million mt in 2016 up 12.7% YoY
<p>The demand for quality Australian bauxite is on the rise. Globally, vertically integrated aluminium companies are looking at Australia-wide opportunities to tap their bauxite reserves either by starting mining operations there in the country or by sourcing the ore through imports. There are...
Iran eyeing Australian bauxite reserves to aid domestic aluminium capacity expansion
<p>Iran is stepping up its initiatives to procure bauxite for its domestic aluminium industry. In a bid to boost the country's aluminium production, the Persian Gulf country is mulling options to secure bauxite supplies from Australia as its Guinea bauxite project remains held up as of now. <br...
Westons launches cider brands in aluminium cans for the Australian market
<p>Two new cider brands in aluminium cans are recently launched in the Australian market in line with a trend towards more craft and artisanal products. Manufactured by Westons, the new brands in the market are Stowford Press Medium Sweet and Caple Road No3.</p> <p><img style="vertical-align:...
World bauxite trade valued at $3.07bln in 2015
<p>According to the recently published Research and Markets report, the global aluminium ore and concentrate trade amounted to 3,077 million USD in 2015, exhibiting noticeable fluctuations over the period under review. A significant drop in 2009 was followed by volatile recovery over the next four...
