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’s offer to acquire Gulf Alumina confirmed superior to Molly Mines
<p>Metro Mining Ltd has confirmed through a press release that the board of Gulf Alumina Limited has announced Metro’s offer to the acquire all of the shares of Gulf to be superior to the proposal from Moly Mines Ltd.<br /><br />It is to be noted that Metro Mining currently owns a 39.3%...
Moly Mines hopes to complete Gulf Alumina buyout by December
<p>Australian mineral development company Moly Mines is expecting to close its Gulf Alumina deal by this year December, reported a source aware of the matter. The ASX listed company is known to be trying to get its proposed buyout of the bauxite miner approved in the company’s...
ABx Q3 Results: Bauxite sales & new opportunities continue to grow
<p>Australian Bauxite Limited has released its sales and production results for the third quarter of the current financial year. The mining company said it is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market....
CME Group announces first trades of Alumina FOB Australia (Platts) Futures
<p>CME Group, the world's leading and most diverse derivatives marketplace, today announced that the first Alumina FOB Australia (Platts) Futures contracts were traded on Tuesday, Oct. 25, 2016. A total of 60 futures contracts, equivalent to 6,000 metric tons, were traded across the January through...
South32's alumina hydrate output improves QoQ in Q1 FY2017
<p>BHP Billiton spin-off South32 announced sharp rise in alumina hydrate production at its Worsley Alumina operation in Western Australia in the first quarter of the 2016-2017 financial year against the previous quarter.<br /><br />The total output of aluminium hydrate in the quarter ended...
Metallica Minerals celebrates maiden bauxite shipment from Hey Point facility
<p>Australian resource development company Metallica Minerals Limited has announced the successful maiden shipment of bauxite using a barge loading and transhipping facility at Hey Point near Weipa. <br /><br />Metallica plans to use the same infrastructure on the west coast of Queensland's Cape...
Metro Mining to make an offer to acquire Gulf Alumina shares
<p>Metro Mining Ltd has announced its intention to make an offer to buy out all of the shares of Gulf Alumina Limited including those which it does not already own. The Board of Directors of the mineral company said that it considers the offer is far better than oly Mines Ltd's highly conditional...
Weipa and Gove drive record bauxite production for Rio in Q3 2016
<p>Rio reported record bauxite production in the third quarter resulting in a total bauxite output of 35.6 million tonnes during the first three quarters of 2016. This recorded an 11 per cent increase in YTD aluminium production than the same period of 2015. The strong bauxite sector performance...
Alumina's earnings in Sept quarter rise due to its share from AWAC joint venture
<p>Mining and metals company Alumina today reported results for the quarter ended September 30, 2016. The Australian alumina refiner received US$91.8 million by way of distributions, dividends and capital returns during the period under review as its share from the joint venture AWAC that it has...
Maiden ore reserve estimated at Altech’s Meckering Kaolin Deposit
<p>Altech Chemicals Limited has announced the estimation of a maiden Ore Reserve based on the production of high purity alumina (HPA) using feedstock from its 100 per cent-owned Meckering Kaolin Deposit (M70/1334), Western Australia (Meckering). The Ore Reserve was derived from Mineral Resources...
China alumina imports tumble in August
<p>China’s alumina imports fell sharply both on a yearly and monthly basis in August.<br /><br />Customs data showed imports totalled 129,000 tonnes in August, down 41 per cent month-on-month and 68.3 per cent year-on-year. <br /><br /><br /><br />Australia remained the top supplier,...
Australia’s Federal Treasurer urged to rethink Moly Mines’ takeover offer for Gulf Alumina
<p>According to an Aluminium Insider report, Australian government has asked Federal Treasurer Scott Morrison to reject the effort of the Chinese firm intending to acquire Gulf Alumina. <br /><br />Expressing his doubt about the company’s integrity, Parliament Member for Leichhardt Warren...
Lexus LC 500h 2017 debuts in Paris with elaborate aluminium parts
<p>The LC 500h - the hybrid version of the Japanese premium car brand's new V8-powered LC 500 flagship coupe made its global debut at this year’s Paris motor show. The futuristic hybrid car, which is slated to arrive in Australia in 2017, turned heads at the Show with its signature big mesh...
China’s bauxite import rises month-on-month in August
<p>According to Scrap Monster China, about 4.46 million tons of bauxite was imported by China in August 2016. The import surged 22.7% from July 2016, as shown by the latest China customs statistics. This shows China is in no plan to cut down its aluminium production in recent times.<br /><br />The...
Iron Mountain Mining acquires 50% stake in bauxite project in the Solomon Islands
<p>According to a Mining Weekly report, Australian miner Iron Mountain Mining has acquired a 50% interest in Au Capital Mining that is engaged in bauxite exploration in New South Wales and Western Australia. Au Capital Mining owns two prospecting bauxite mining licences in the Solomon Islands...
China alumina import in August declines 68% YoY; export too faces a slowdown
<p>China’s total alumina imports declined 68.31 per cent over the same period previous year to stand at 128,729 million tonnes (mt) in August. The volume shrunk during the first eight months of the current fiscal as well. It dropped 26.66 per cent YoY to stand at 2,027,202mt for...
Asia alumina: Australia firms $2/mt to $235/mt FOB on Chinese demand
<p>The Australian daily alumina price was assessed up $2/mt from Friday at $235/mt FOB Monday on Strong Chinese interest. It was up $4.50/mt on week. Chinese domestic alumina prices continued to climb, eradicating the premium for Australian material against Chinese domestic alumina in import parity...
Australian Bauxite: Sales and new opportunities continue to grow
<p>Australian Bauxite Ltd (ABx) is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's sales of Cement-Grade bauxite in 2016 to date total 42,005 tonnes. <br /><br />Fertiliser-grade bauxite sales are naturally...
