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 collaborates with Queensland University to develop new green method of bauxite processing
<p>North Queensland is home to some of the world's largest bauxite deposits, but their potential remains largely hidden under the earth as no mining company has yet come forward to exploit it in a sustainable manner. Recently, a University of Queensland scholar has collaborated with the global...
Drilling campaign under way at Metallica’s Urquhart project
<p>A key mine plan drilling campaign is under way at ASX-listed bauxite developer Metallica Minerals’ Urquhart bauxite project, near Weipa, in north Queensland, to assist with the company’s final planning for a 2017 mine start.<br /><br />Metallica noted on Thursday, August 11, that the...
Future of Portland aluminium smelter uncertain over power contract termination
<p>Portland aluminium smelter’s future is hinged on the decision of one of its three owners- whether to terminate the supply contract it has with its power supplier or not, reported individuals who are aware of the developments in the Victoria plant. The decision, if taken, will put as many...
Australian Bauxite reopens Bald Hill mine with its second and largest shipment of bauxite
<p>Australian Bauxite (ABx) from Sydney has completed its second and largest sale of bauxite from its Bald Hill mine, in Tasmania. They shipped 35 913 tonnes of cement-grade bauxite from Bell Bay port.<br /><br />The Bald Hill mine is the first new bauxite project in Australia in more than 35 years...
Global bauxite mining industry taking baby steps in embracing renewables
<p>Mining and clean, renewable energy do not share a common ground. Since years mineral extraction has caused environmental devastation in many countries across the world. Profit-driven boardrooms of mining multinationals have seldom prioritized climate change and sustainability considerations. But...
Guinea to beat Australia as top bauxite supplier to China by 2017
<p>Experts predict that Guinea will replace Australia as China’s top bauxite supplier by 2017, China’s Ministry of Finance said on its website on July 22. <br /><br />Bauxite output in Guinea totaled some 19 million tonnes in 2015 and is expected to reach 28 million tonnes by 2016. The...
Asia alumina: Australia range-bound despite stronger LME aluminium
<p>The Platts Australian alumina daily assessment at $234/mt FOB on Monday was unchanged from Friday, despite a steep rise in LME aluminium in the last two days.<br /><br />There have been rumblings of renewed interest in China for October shipments, with buyers guidance at $235-$240/mt CIF...
IronRidge says new bauxite resource has big potential
<p>IronRidge Resources has unveiled an initial 4.9 million tonne (MT) resource of bauxite at its Monogorilby project in Queensland, Australia.<br /><br />Bauxite is processed to produce aluminium and this maiden resource comes a time when major miners are approving significant long-term project...
Nexans announces H1 Results: WINDLINK® solution launched using low-voltage aluminium cables
<p>Nexans ended the first half of 2016 on a buoyant note. A pioneer in renewable energies, the group notched up quite a few commercial successes in its key business areas. <br /><br />In the energy infrastructure sector, it won a contract worth around €245m connect the Beatrice Offshore Wind...
Australian Bauxite posts strong sales in the quarter ended June 30
<p>Australian Bauxite Limited released their quarterly report & activities statement for 3 months to 30 June 2016 on July 24, Sunday. The mining group with an available cash plus R&D incentive (due) amounting to $2.9 million posted strong sales of cement-grade bauxite totalling 40,000...
China's appetite for bauxite subsides after slowdown
<p>China imported 3,506,176 million tonnes of bauxite in June 2016, down 12.3 per cent from the same period previous year. The year-to-date bauxite import, however, increased 12 per cent to reach 25,197,259 mt.<br /><br />Australia topped the list of countries which supplied bauxite ore to China....
South32's alumina output surges 3% YoY in FY16
<p>Perth, Australia based metals and mining company South32 reported significant rise in alumina production at its Worsley Alumina operation and Brazil Alumina refinery for the fiscal year ended June 30, 2016.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto;...
Boyne Smelters could be put on the market again: UBS analysis
<p>The largest aluminium smelter in Australia, Boyne Smelters Limited could be put up for sale again by Rio Tinto, according to analysis by UBS. Plans for selling two other Australian smelters are also said to be there on the cards. The move on the part of Rio Tinto could be aimed at selling off...
Rio reports nine per cent production growth in Bauxite in Q2 2016
<p>Rio Tinto releases its second quarter production results on July 19 2016 reporting growth in all verticals of its aluminium business.<br /><br />Rio reports nine per cent production growth in Bauxite in comparison to the first half of 2015. This was primarily due to the three per cent improved...
Alumina production steady but returns slide
Alumina says production at its AWAC joint venture with Alcoa held steady through the second quarter, with its returns falling despite improved margins. The ASX-listed Alumina (AWC) said AWAC production came in at 3.2 million tonnes, exactly in line with first quarter numbers. Its total dividends...
Global alumina deficit seen at 4 mln mt in 2016, 2017 by Australia’s DIIS
Australia’s Department of Industry, Innovation & Science has projected global alumina deficits of 4 million mt in 2016 and 2017. Global consumption in 2016 is anticipated to rise 3 per cent year on year to 116 million mt and production to rise 3 per cent to 112 million mt, the DIIS said Friday...
Australia’s Iron Mountain announces significant bauxite find in Solomons
Australian miner Iron Mountain Mining Limited announced late last week that it has discovered “extensive large-scale” deposits of bauxite in the Solomon Islands. The firm made the discovery in the course of its exploration at the Nendo Bauxite Project in Temotu Province. According to the firm, the...
Metro Mining secures $8.9 mln for Bauxite Hills Project
Greenstone Resources, a specialist mining and metals private equity fund based in the Channel Islands, has agreed to provide a major financial injection to Metro Mining’s flagship Bauxite Hills Project, near Weipa. In an ASX announcement today, Metro Mining confirmed the signing of definitive and...
