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 nears major bauxite expansion as takeover advances
Metro Mining has received acceptance forms for 19.1% of Gulf Alumina as the company progresses an off-market takeover expected to benefit significantly from operational and developmental synergies through economies of scale. The majority of the acceptance forms have been received from Gulf’s...
Rising aluminum prices bring cheer to Australian Miners, outlook predicted to improve
Stocks of Australian mining giants climbed Thursday as an extended rally in raw material prices helped put the brakes on an ongoing commodity rout. An increase in U.S. consumer spending and signs of a revival in the Chinese economy in November have raised investors’ hopes of a better economic...
Metro Mining mulls acquiring Gulf Alumina
Metro Mining, in a news release earlier this month, had revealed its intention to make an offer to acquire all of the shares in unlisted company Gulf Alumina Limited. On December 2015, a bidder’s statement was lodged with the Australian Securities and Investments Commission and ASX in respect of...
P&A International to participate at Australian Aluminium Council Conference
P&A International, a China based company that manufactures high quality parts and components, has been invited as a guest speaker at the Australian Aluminium Council conference in January, 2016. As a spokesperson for the company noted, the hot topic during the conference will focus on COP21, and...
Asia Alumina: Drifts sideways at $200/Mt FOB Australia
The price of Australian alumina continued to drift sideways Thursday, leaving Platts daily assessment unchanged at $200/mt FOB, despite a slight slippage of Yuan 15/mt ($2.30) in Chinese domestic prices in Shanxi province. The Australian assessment has fallen $5.50/mt in the last week, and $40/mt...
Novaproducts Global launches new aluminium stair nosing product
Australia's Novaproducts Global has launched a new aluminium stair nosing product. Launched for the first time in Australia, the new Tiger aluminium stair nosing is specifically designed to conceal fixing, with architects not having to worry about screws being visible on the floor. Tiger aluminium...
High-grade bauxite deposit unearthed in Queensland
AIM listed IronRidge Resources has discovered a high-grade Direct Shipping Ore bauxite deposit in Queensland, Australia. IronRidge said its 16 sq km licence at its Monogorilby project where the deposit has been unearthed had the potential of becoming a new mineral hub with significant scale...
Around $10 million cut out of Rio Tinto's Gladstone alumina refineries
Profits seem to have gone missing from Rio Tinto's Gladstone alumina refineries and it is the contractors who are being squeezed to turn that around. Yarwun and Queensland Alumina Limited Contractors and suppliers will be worse off about $10 million through a re-tendering process that will look to...
Altech Chemicals inches towards German credit support for HPA
Altech Chemicals has taken a step closer to clinching the support of an export credit insurance scheme which could cover most of the total capital cost of the company’s high-purity alumina (HPA) project. Altech has received a letter of interest from the administrator of Germany’s export credit...
Metro Mining enhances intended takeover offer for Cape York Gulf Alumina
Metro Mining has enhanced bulk export prospects for its bauxite holdings on Queensland’s Cape York Peninsula with the definition of expanded direct shipping ore (DSO) resources. This follows immediately on Metro’s proposed takeover of Gulf Alumina, a potentially game-changing acquisition which...
Rio Tinto to go ahead with $1.9 bln bauxite expansion
Rio Tinto expects to produce 2.8 million tonnes of bauxite a year and replace the output from the depleting East Weipa mine. It slashed its budget for major projects to roughly $5.5 billion for 2015 from more than $17 billion three years ago. The project also provides further expansion options...
Altech Chemicals Ltd: Kerrigan exploration licence granted
Altech Chemicals Limited advises that exploration licence E70/4718 (Kerrigan project) has been granted. The licence covers an area of approximately 480km2, is on freehold agricultural land and contains Inferred Kaolin Mineral Resources of 85 million tonnes at 85.1% brightness (JORC 2004). The...
Rio Tinto delivers productivity gains and cost savings in aluminium
Rio Tinto will today provide an update on the significant progress being made on costs and productivity in its Aluminium business and unveil further detail on the recently approved Amrun bauxite project which positions Rio Tinto as the industry-leading supplier of bauxite. By the end of 2015, the...
Australian Bauxite's first exports delayed by Malaysian bauxite surge
Aspiring exporter Australian Bauxite Limited (ABX) has clarified the real reason its maiden shipment from its first mine in Tasmania has been delayed for so long. Delays in winning shipping permits had previously been explained as the reason first exports from Tasmania's Bell Bay port were behind...
Metro to make takeover offer to Gulf Alumina transaction to create leading independent Cape York Bauxite Company
Brisbane based Metro Mining Limited will make a takeover offer for unlisted Cape York mining company Gulf Alumina Limited. Gulf Alumina holds tenements adjacent to Metro Mining’s Bauxite Hills Project, 95kms north of Weipa. Metro Mining CEO Simon Finnis says his company has already secured 20% of...
TasRail missing out on revenue due to bauxite mine's slow start
Tasmania's state-owned rail operator is missing out on revenue as the operator of a new bauxite mine near Campbell Town fails to find buyers. During government business scrutiny hearings, TasRail management revealed Australian Bauxite had fallen far short of supplying its contracted volumes for...
Orbite receives notice of allowance for Red Mud monetization patent in Australia
Orbite Technologies Inc. announced that the company has received notification from IP Australia, the Australian Government agency that administers intellectual property (IP) rights, that its patent application No. 2013202318 titled "Processes for Treating Red Mud" has been found allowable....
Boyne Smelters begins aluminium can recycling
In time for National Recycling Week (9-15 November), Boyne Smelters Limited (BSL) is now operating Queensland's only and Australia's largest aluminium can recycling facility after a successful pilot proved the potential of the value-add processing concept earlier this year. The smelter is now...
