What happens when the world’s biggest bauxite supplier produces too much of the one commodity it dominates? Guinea’s bauxite market is offering a striking answer. Record exports have strengthened its position in global trade, but the surge in supply has also pushed prices lower. Australia,...
Iron ore remains Rio Tinto's financial anchor, but growing exposure to aluminium, copper and lithium is changing how investors assess the diversified miner. Rio Tinto is attracting renewed attention among UK-listed metals and mining stocks as its expanding commodity mix creates a valuation picture...
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CSI Mining Services, a Mineral Resources Limited (MinRes) subsidiary, has initiated the transport of bauxite ore for Rio Tinto's Weipa operations in northern Queensland. Recognised as a leader in pit-to-ship solutions, CSI Mining Services specialises in innovative crushing, screening, and...
On June 28, 2024, Alcoa Corporation announced further progress on ELYSIS technology, with Rio Tinto planning to launch the first industrial-scale demonstration of the breakthrough technology. This technology eliminates all greenhouse gas (GHG) emissions from the traditional smelting process and...
Rio Tinto, a British-Australian multinational company and the world’s second largest metals and mining corporation, officially announced on Friday, June 28, that it would deploy carbon-free aluminium electrolysis tanks at a new plant near Arvida aluminium smelter in Quebec, Canada, leveraging...
Gränges Americas is making significant strides to reduce its carbon footprint by seeking out low-carbon primary aluminium to produce its aluminium solutions. This initiative is part of the company's broader commitment to mitigate climate impact across its entire value chain, encompassing...
Rio Tinto will invest US$165 million (CA$226 million) in its Grande-Baie aluminium smelter to refurbish two anode baking furnaces that have reached the end of their useful life. The company will also carry out feasibility studies for the eventual replacement of the scrubbers and overhead bridge...
Global mining and metal giant Rio Tinto has agreed to acquire Mitsubishi Corporation’s 11.65 per cent stake in Boyne Smelters Ltd (BSL), which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia, in a strategic move to expand its operations. Upon completing this transaction...
Rio Tinto, a leading mining group, reportedly acquired approval for wind farm expansion within a week of signing a groundbreaking electricity deal to power its New Zealand Tiwai Point aluminium smelter. On Thursday, June 6, the New Zealand-listed energy company Mercury said it would start working...
The global mining giant Rio Tinto will invest A$8 million over five years in collaboration with Western Australia’s Department of Biodiversity, Conservation and Attractions (DBCA) to launch a new project aimed at enhancing conservation land management and supporting Traditional Owner ranger...
Rio Tinto, the world's second-largest metals and mining corporation, commemorates the 70th anniversary of its BC Works operation, honouring seven decades of notable contributions to the aluminium industry and the Kitimat community. As the sole aluminium smelter operator in British Columbia, Rio...
According to the Shanghai Metals Market survey, China's A00 aluminium ingot price has surged by RMB 640 per tonne to clock at RMB 21,710 per tonne. The spot contract price is expected to be traded at a discount price of RMB 170 to RMB 130 per tonne, whereas the average prices may range between RMB...
LME aluminium opened at US$2,667 per tonne in the previous trading session, reaching a high of US$2,741.5 per tonne, a low of US$2,667 per tonne, and closed at US$2,732 per tonne, up US$74 per tonne or 2.78 per cent. On Tuesday, May 28, both LME aluminium cash bid price and LME aluminium official...
For the first time in the industry, Rio Tinto and BHP Group Limited will unite on testing a large battery-electric haul truck technology in the Pilbara, Western Australia, in a bid to integrate sustainable operational practices across mining. Reportedly, Rio Tinto and BHP will work with...
The previous trading day, LME aluminium opened at US$2,628 per tonne, hit a high of US$2,765.50 per tonne and a low of US$2,607 per tonne, and closed at US$2,715.5 per tonne, up US$89 per tonne or 3.39 per cent. On Tuesday, May 21, both LME aluminium cash bid price and LME aluminium official...
Rio Tinto announced on Tuesday that it has declared force majeure on alumina shipments from its operations in Queensland, Australia, due to a gas shortage. Gas supplies from Rio's Gladstone facilities have been significantly disrupted following an incident on the Queensland gas pipeline in early...
Rio Tinto stands as a global leader in the aluminium industry, renowned for its commitment to innovation and sustainability. With a rich legacy spanning decades, Rio Tinto continues to spearhead transformative projects that redefine industry standards. In November 2023, Rio Tinto unveiled its...
From the tranquil fjords of Norway to the bustling markets of China, each region's aluminium giants have navigated through turbulent waters, propelled by innovation and strategic acumen. Let's find out how the industry giants are dealing with the sudden geopolitical changes resulting in global...
Rio Tinto, the world's second-largest metals and mining corporation, has donated $1.5 million to the Icelandic Red Cross to aid the Grindavík community and its people, which has endured months of volcanic activity. The ISAL aluminium smelter team has shown remarkable care and solidarity, coming...
On April 17, Rio Tinto, a British-Australian mining group, announced its 2024 first quarter production result, reporting improvements in both aluminium and bauxite businesses while remaining focused on energy-transition and sustainability. Rio Tinto posted that its aluminium output in Q1 2024 ended...
