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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Cairns businesses stand to benefit from $2.6bn bauxite project at Weipa
Cairns businesses have been urged to ensure they are competitive to seize the opportunities offered by a $2.6 billion bauxite mine expansion on Cape York. Rio Tinto on Friday, November 27, gave board approval of the long-awaited Amrun bauxite project, formerly known as South of Embley, at Weipa....
Metro Mining in trading halt over pending acquisition
Australian Securities Exchange (ASX) has granted a trading halt to Metro Mining, pending details in connection with a potential material acquisition by the company. Metro Mining recently delivered an extensive Definitive Feasibility Study for its wholly-owned Bauxite Hills project located in Cape...
Altech optimises kaolin beneficiation plant location
Altech Chemicals Limited has issued an update on the detailed design work that is currently underway for its proposed high purity alumina (HPA) project. Detailed design commenced in September 2015, following the appointment of General Manager Operations Dr Jingyuan Liu and is being undertaken with...
Rio Tinto's $1 billion-bauxite expansion plan awaits appoval
Rio Tinto is poised to approve its long-stalled $1 billion (£661 million pounds) South of Embley bauxite expansion project as early as this week, said a review report published today. The Anglo-Australian miner expects the return on the project in Weipa in Australia's Queensland state to be...
Malaysia shipped 18,000,370 mt bauxite to China during Jan - Oct 2015
China's total bauxite import grew 74 per cent year-on-year in October and 42.36 per cent during January-October period of 2015. Bauxite import during the first nine months of 2015 stood at 43,363,610 million tonnes (mt), showed data released by the General Administration of Customs. Malaysia ranked...
Iran outdoes Australia as China’s top primary aluminium supplier
China’s primary aluminium imports zoomed to 34,927 metric tonnes (mt) in October, recording a significant 506.75 percent year-on-year rise, while the first nine months of 2015 saw a 47.57 percent decline in imports, as per data released by the General Administration of Customs. The data released...
Altech Chemicals receives financing interest for high-purity alumina
Altech Chemicals has attracted interest in its high-purity alumina (HPA) project from a major German bank experienced with similar investments in the Asia-Pacific region. Altech’s HPA operation encompasses mining properties 130 kilometres from Fremantle port in Western Australia and a proposed...
Alcoa to scrap old ship to curtail cost amid mounting aluminium market challenges
Leading aluminium producer Aloca plans to decommission MV Portland, the ship used until now for domestic supply chain. Citing the parlous state of aluminium industry, the company said it was a strategic decision ahead of 2017, when operating life of Portand comes to an end. Cost to keep it...
Metro Mining’s Bauxite Hills Project aims to meet growing global demand for bauxite, particularly in China
Metro Mining's Bauxite Hills Project is located 5km south-east of the port at Skardon River and 95km north of Weipa in Western Cape Rock, North Queensland, Australia. The project is proposed to be developed with an estimated investment of A$33.9m (approximately $24m). The pre-feasibility study...
Australian Bauxite signs offtake agreement with Rawmin Mining and Industries
Australian Bauxite Ltd (ABx) has finalised an offtake agreement with Rawmin Mining and Industries Pvt Ltd of Mumbai, India. The agreement, which covers all bauxite produced by ABx out of Tasmania and runs five years, provides for Rawmin to buy 4.7 million wet metric tonnes of bauxite commencing...
Boyne Smelters becomes Australia's largest aluminium can recycling facility
Boyne Smelters Limited (BSL) is now operating 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 recycling around 13 million aluminium cans a month, which will add 2,400 tonnes...
Metro Mining outlines its Bauxite Hills project operation plan
Metro Mining announecd feasibility study results of its Bauxite Hills project in Queensland. Based on the analysis, which indicated at a healthy production over a 25+ year life with modest costs and a tight payback period, the company valued the project at A$235 million. Definitive Feasibility...
Malaysia overtakes Australia as China’s top bauxite supplier
Overwhelming price appeal made Malaysia overtake Australia as the top bauxite supplier to China during January-September period. Bauxite imports from Malaysia soared to 15.87 million tonnes (mt) during the first nine months 2015, surpassing 15.09 mt imported from Australia, showed customs data....
IMO Sub-Committee on CCC updates on carriage of bauxite that may liquefy
At a recent meeting of the IMO Sub-Committee on the Carriage of Cargoes and Containers (CCC), submissions from the lost bulk carrier’s flag state, the Bahamas, were considered. Although the cargo had been declared as a Group C cargo under the IMSBC Code, the vessel’s flag state advised that the...
Update: South32 reports 10 percent increase in alumina output in Q1
South32 has reported a 10 percent jump in first quarter alumina output after maintenance work was completed in Australia. Production in the three months to September 30 was 1.36 million metric tons, from 1.24 million tons a year earlier, when the assets were operated by BHP, the Perth-based company...
Australian Bauxite finally gets EFIC finance facility
Australian Bauxite Ltd has concluded a finance facility with EFIC, Australias export credit agency. The facility will provide Australian Bauxite financial assistance to meet transport costs associated with its initial bauxite shipments. Ian Levy, CEO at Australian Bauxite, said: "Efics facility...
Altech Chemicals seals investment ahead of high purity alumina demand
Altech Chemicals has completed a placement for A$1 million in proceeds with a cornerstone Asian investor as high-purity alumina (HPA) operations develop. The company has received the second tranche of an investment by diversified Malaysian industrial firm Melewar International investment Company...
Rio Tinto sustains strong performance in bauxite
Rio Tinto releases strong third quarter production results despite the bearish situation in the commodity market. Rio Tinto chief executive Sam Walsh said “We continue to deliver efficient production, rigorous cost control and sound allocation of capital. This approach is ensuring that our tier one...
