Alcoa prices $2.6b senior notes for South32 bauxite, alumina and aluminium deal
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
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...
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Orbite receives Australian patent
Orbite Technologies Inc. today announced that the Company has received notification from IP Australia, the Australian Government agency that administers intellectual property (IP) rights, of the granting and the delivery of patent 2012308068 pertaining to Processes for preparing alumina and various...
Bankable feasibility study confirms Altech’s high purity alumina (HPA) project
Altech Chemicals Limited announces the positive results of its Bankable Feasibility Study (BFS) for the development of a 4,000tpa high purity alumina (HPA) processing plant at Tanjung Langsat, Johor, Malaysia and an associated kaolin beneficiation plant at Meckering, Western Australia to provide...
Australian Chamber of Commerce and Industry backs deal on RET cuts in Australia
A late night compromise on the nation's renewable energy target had the businesses in Australia celebrating the return of certainty to energy policy and environmentalists worrying that the policy has been watered down too far. The deal between the Coalition, Labor and the crossbenchers will cut the...
Mining lease application (MLA) lodged for Urqu hart Bauxite Project
Metallica Minerals Limited and its Joint Venture partner, Ozore Resources Pty. Ltd. announces that the Mining Lease Application (“MLA”) for the Urqu hart Bauxite Project has been lodged with the Queensland Department of Mines and Natural Resources. The MLA 100044 comprising 1,378 hectares covers...
Asdion wins 4 million tonne bauxite supply deal to China
IT and logistics provider Asdion Bhd has won a RM414 million deal to supply four million dry tonnes of bauxite to China from July, more than Malaysia's entire bauxite exports last year. China is the world’s biggest producer of aluminium, which is extracted from bauxite. Asdion sealed the deal with...
Australia replaces Malaysia to become China’s top bauxite supplier in May
The market forecasts seem to be taking a real shape as Australia replaced Malaysia as the top supplier of bauxite to china in the month of May after falling behind from April. China being the largest aluminium producer in the world and not having any notable indigenous source for bauxite, imports a...
Michael Parker named President Alcoa Refining and Australia Region
Alcoa today announced that Michael Parker will become President Alcoa Refining and Australia Region effective 25 September. He succeeds Alan Cransberg who will retire from Alcoa after 35 years of distinguished service. Parker will be responsible for Alcoa's refineries across the globe, including...
Bauxite Resources, Yankuang dispute referred for mediation
The dispute between ASX-listed Bauxite Resources and its joint venture (JV) partner Yankuang Resources has been referred to a Perth-based barrister for mediation. Bauxite Resources said on Friday that its representatives had met with Yankuang between June 9 and 18 to resolve the dispute over a...
Metro Mining amends Hey Point bauxite sale agreement
Metro Mining and private company Green Coast Resources Pty Limited have amended an earlier sale agreement struck in June 2013 for the sale of its Hey Point bauxite tenements on Western Cape York. The revised deed of amendment and termination agreement will see wholly owned subsidiary of Metro...
Queensland Bauxite fast tracks resource drilling at South Johnstone Bauxite Project
Queensland Bauxite Limited provides an update on drilling and corporate activities at its flagship South Johnstone Bauxite Project in northern Queensland. · Two drilling programs underway to fast track project development · Additional drill samples sent to ALS Laboratory for assaying · Current...
AGL's new gas storage facility to benefit Tomago Aluminium smelter
Energy company AGL says its new gas storage facility near Newcastle has given the Hunter region much needed security of supply. AGL managing director Andy Vesey has today officially opened the $310 million Newcastle Gas Storage plant at Tomago. The storage facility will secure supply for industrial...
Metro Mining on fast track to bauxite production, increase in reserves
Metro Mining is on a roll after announcing a 398% increase in its ore reserve at the Bauxite Hills Project from 12.1 million tonnes to 48.2 million tonnes, enough for a 27 year mine life. However, even better news, the project at Cape York in Queensland could be in construction mode in second...
Queensland Bauxite identifies new regional areas of bauxite mineralisation
Queensland Bauxite’s recently concluded regional drilling program at the South Johnstone Bauxite Project in northern Queensland has identified 19 additional regional areas of mineralisation. The company is now carrying out infill drilling of the currently identified bauxite areas to report quality,...
Lifetime warranty for Brooker aluminium boats
Australian aluminium boat manufacturer, Brooker, now offers its new boat owners a Lifetime Warranty option. Brooker says its boats have proven that they are “built to last”, a claim supported by the company's 49 years of highly-regarded boat building experience. Brooker says it has perfected its...
Metro Mining reports 398% increase in its bauxite hills ore reserve
The ore reserve at Metro Mining Ltd’s Bauxite Hills Project near Weipa has increased by 398% – from 12.1 million tonnes to 48.2 million tonnes. The company requested a share trading halt yesterday (Monday 1 June 2015) pending an announcement to the ASX today. Geological modelling updates provided...
Metro Mining to reveal resource and reserve upgrade
Metro Mining is focussed on the Bauxite Hills Project which is located in the world renowned bauxite province of Cape York, in Queensland, Australia. At the project pre-development and approvals have commenced, with a Pre-Feasibility Study completed. Production is on schedule for Q3 2016. The...
China's appetite for Malaysian bauxite grew in April; Australian ore lost favor
China still favored Malaysian bauxite in April owing to its prevailing price appeal, Shanghai Metals Market understood. Malaysian bauxite was $ 10-11 per tonne cheaper than Australian and Indian ore at $ 46.66 per tonne, allowing its imports to grow 275,700 tonnes from March and 29.11% from a year...
Australian Bauxite Ltd discovers high grade bauxite at New Portside Production Centre
Australian Bauxite Limited has started its first bauxite mine in Tasmania and holds the core of the Eastern Australian Bauxite Province. ABx's 37 bauxite tenements in Queensland, New South Wales & Tasmania exceed 5,000 km2 and were selected for good quality bauxite, good infrastructure as they are...
