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 outpasses Malaysia to become China's top bauxite supplier
Bauxite shipments from Astralia to China have zoomed past Malaysia's bauxite shipments to China. According to the latest export-import data released by the General Customs Administration of China, Australia shipped 1,057,321 million tonnes (mt) of bauxite, the principal ore of aluminium, to China...
China alumina import rises 23% and export 83% YoY during Jan-Feb 2016
Alumina import to China rose 13 per cent year-on-year in February 2016 and 23.12 per cent year-on-year during January - February 2016, revealed data released by the General Administration of Customs, China on March 21. Total alumina imported in February stood at 372,375 million tonnes, while it...
China’s bauxite imports surged 52.4% YoY during Jan-Feb 2016
China, the largest aluminium consuming country in the world, imported 8,524,531 mt of bauxite during January to February, marking a whopping 52.4 per cent increase from the corresponding period previous year. In February alone, the country imported 3,221,722 mt of bauxite, an increase of 7.11 per...
Metro Mining Ltd declares Gulf Alumina takeover offer unconditional
Metro Mining Ltd has extended and declared its off-market takeover offer for all of the shares in Gulf Alumina Limited unconditional and free from all defeating conditions. Metro will now become Gulf’s largest shareholder, with a relevant interest of 22.1 per cent of the issued capital of Gulf as...
Metro Mining receives Terms of Reference for Bauxite Hills EIS
Metro Mining Ltd has announced the receipt of the final Terms of Reference (ToR) for progressing the Bauxite Hills Project Environmental Impact Statement (EIS). The ToR incorporated the relevant comments and concerns raised during the recent consultation period. The ToR was delivered ahead of the...
Queensland Bauxite negotiating with AID for development of NSW reserves
Australian mining company Queensland Bauxite has opened negotiations with Australian Infrastructure Developments (AID) to explore options for the transport of the former’s bauxite production in New South Wales. AID, a freight project developer, is proposing to build a national freight...
Alumina Ltd upbeat about 2016 alumina prices despite volatility
Alumina Ltd, a 40 per cent business partner of Alcoa World Alumina and Chemicals (AWAC), is seemingly optimistic about alumina market scenario in 2016. The Australian mining company predicted, alumina prices will improve globally this year and says it can withstand any kind of volatility. Alumina...
Queensland Bauxite looks at freight options in NSW
ASX-listed Queensland Bauxite has started discussions with freight project developer Australian Infrastructure Developments (AID) regarding transport options for its New South Wales bauxite deposits. AID was proposing to build a national freight infrastructure network providing a direct and...
Writedowns and restructuring costs weigh on Alumina
Alumina reported an annual loss in 2015 linked to restructuring costs and asset writedowns. The Australian-listed company said it recorded a net loss of $US332.6 million for last year, versus a loss of $US370.1m a year earlier. Alumina reported $US169.9m in so-called significant items, which...
China's bauxite imports surge 105% y-o-y in Jan 2016
China's appetite for bauxite is growing bigger by the day. According to the data released by the General Administration of Customs on February 22, China imported 5,302,809 mt of the aluminium ore in January, up 105 per cent from the corresponding period previous year. Malaysia ranked first among...
Alcoa quizzed over future viability of Portland smelter without state subsidy
The Victorian Greens have called on aluminium producer Alcoa to publicly declare if the Portland smelter, in the state's west, can remain viable without a state subsidy. A 20-year power deal, providing the company with subsidised electricity at a price linked to the London Metal Exchange, is due to...
Alcoa still positive about Wagerup alumina refinery expansion plans
Alcoa is keeping alive the dream of a billion-dollar expansion of its Wagerup alumina refinery in the South West after asking the State Government for more time to hold on to the all-important environmental approval. Alcoa of Australia managing director Michael Parker said the process to seek a...
Alumina price to drop 18% in 2016
Gladstone alumina refineries QAL and Yarwun are expected to refine more product this year despite low prices and an already over-supplied market. According to the Resources and Energy Outlook report from Department of Industry, Innovation and Science too much alumina in the market in 2015 pushed...
Asia Alumina: Australia up $1 on week at $209/Mt FOB
Platts Australian alumina daily assessment closed the week at $209/mt FOB, up 50 cents on the day as the global market gravitated toward a more balanced or tighter position than a few months ago due to margins-led global refining cuts. The Australian assessment rose $1/mt on the week. Low freight...
Rio Tinto bauxite and alumina chief Phillip Strachan steps down
The man in charge of Rio Tinto's $US1.9 billion ($2.7 billion) bauxite expansion has left the company, as the miner's cost cutting drive continues to trim its executive ranks. Phillip Strachan had been Rio's chief executive of Bauxite and Alumina based out of Brisbane in recent years, but his role...
Alcoa celebrates one billionth milestone in bauxite mining
Alcoa’s workforce is celebrating an historic milestone after achieving one billion tonnes of bauxite mined, following 53 years of operation in Western Australia. President Alcoa Mining Garret Dixon saluted the hard work and tireless efforts of past and present employees who have worked across its...
South32 warns of job cuts at its Worsley alumina refinery
South32 has warned of job losses at its Worsley alumina operation in the South West after announcing big staffing cuts at its South African manganese operation and flagging a writedown of $US1.7 billion. The BHP spin-off employs about 1800 workers at its bauxite mine near Boddington, its alumina...
Bell Bay Aluminium strikes deal with Hydro Tasmania to reduce power consumption
Bell Bay Aluminium, one of Tasmania's largest electricity users, has struck a deal with Hydro Tasmania to use 10 per cent less electricity for up to five months to ease pressure on the state's dams. Water storages have dipped below 19 per cent due to record dry conditions and a prolonged BassLink...
