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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New Zealand Aluminium Smelters (NZAS) associates greeted regional people on November 23 to draw a roadmap of the area's foreseeable future along with correcting the methods of the past. This update for the locals was long overdue. As Chris Blenkiron testifies, Rio Tinto has been toiling hard all...
Australia could emerge as a leader in net-zero alumina refining worldwide if it obeys a plan developed by three major producers, Alcoa, Rio Tinto, and South 32. Together, the three organisations have developed a detailed road map that ensures net zero emissions by 2050. The report was published by...
New Zealand-based Forsyth Barr, a firm specialising in innovative financial services and investment solutions, has claimed that the Tiwai Point aluminium smelter is scheduled to remain open till 2039 but will require more expenditure for power deals. Tiwai Point aluminium smelter is primarily owned...
In protest over stalled pay negotiations, Rio Tinto workers at the Gove bauxite mining operation have planned to take industrial action. According to the union, workers have not been paid a raise in three years as the company has put off talks on a new enterprise agreement. Lloyd Pumpa, the United...
Lately, intuitiveness and acuteness combined with exhaustive experience in conveyor belt maintenance and repair tasks shaved off prospective mishap proceedings just before the last minute. The Rio Tinto Australia Gove (RTAG) bauxite operations in Nhulunbuy, Northern Territory, are bound by only one...
New Zealand Aluminium Smelter (NZAS) and Rio Tinto have formed an alliance with the Iwi to restore the Tiwai Point aluminium site in Southland. Smelter owner Rio Tinto and Te Rūnanga o Ngāi Tahu declared in a joint statement that the Murihiku Rūnaka had been approached to chalk out a plan for the...
The International Organization of Aluminium Aerosol Container Manufacturers (AEROBAL) revealed that during the first half of 2022, global exports by its members had increased by 5.5 per cent, reaching a total of almost 3 billion units. According to the reports, the surge in demand was mainly...
The chief executive of Rio Tinto, Jakob Stausholm, is concerned about the unshackled flow of Russian aluminium into the US, which is decreasing the competitiveness of North American producers. According to Stausholm, Russian aluminium imports remain exempt from US sanctions, whereas allies like...
This week, the global primary aluminium segment witnessed many important events. To begin with, on Wednesday, the LME aluminium benchmark price dropped to its lowest in 18 months since March 2021 as markets prepared for another significant increase in US interest rates that may stifle economic...
The Mission Possible Partnership (MPP) has attracted more than 200 industry leaders to support efforts to decarbonize some of the world's most challenging and carbon-intensive industries. More than 60 companies have endorsed new plans presented at New York Climate Week for producing near-zero...
On Tuesday, September 20, Rio Tinto announced that it would join the tribe of more than 50 companies to be a part of the First Movers Coalition forum, a global initiative to help commercialise zero-carbon technologies by channelising purchasing power and supply chains. Companies with a combined...
Paramita Das is a global executive with extensive experience in the commodities sector (metal, oil, and gas). She leads market development for aluminium globally and the establishment of a more customer-centric approach in the Americas. Before her work in the aluminium marketing and development...
The world's leading metals and mining corporation, Rio Tinto, has inked a Memorandum of Understanding (MoU) with Volvo Group to create a strategic partnership where the Anglo-Australian multinational company will supply responsibly sourced low-carbon products and solutions to Volvo Group. In order...
The global mining and metal giant Rio Tinto announced the construction of a new aluminium recycling facility at its Arvida plant in Saguenay-Lac-St-Jean, Quebec. This new investment will cost around C$35 million (US$29 million), with an initial capacity of 30,000 tonnes per year. This investment...
Meridian Energy, New Zealand's most significant renewable energy generator and Rio Tinto, the majority owner of the Tiwai Point aluminium smelter, have made predominantly positive comments about their anticipation of attaining a deal to keep the smelter open after 2024. In spite of the Electricity...
The Quebec aluminium industry has always been known for its urge to support the primary producers, equipment makers and suppliers in business by ensuring the latest innovations, open to suggestions and working together. However, in its latest success stories, the industry witnessed a significant...
Anglo-Australian mining group Rio Tinto stands as a recipient of various offers that are being made to construct wind and solar farms producing 4 gigawatts of energy to run its alumina and aluminium activities in Australia's Queensland region, as was declared by the company's Australia division...
Some of the important events spotted under the global primary aluminium segment are the news of the Tiwai Point aluminium smelter in talks with power companies to continue operations beyond 2024. The Tiwai Point aluminium smelter, which Rio Tinto and the Sumitomo Group control through the joint...
