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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The largest renewable energy of New Zealand, Meridian Energy’s Chief Executive Officer, Neal Barclay has unbolted the door to negotiations, which might drive Rio Tinto’s Tiwai Point aluminium smelter to remain functional for at least another 12 years considering 2034. On 23 rd February 2022, while...
On 21 st February 2022, the global mineral and metal giant Rio Tinto signed a new partnership agreement with Tasmanian State Government at the Bell Bay Aluminium smelter towards working together to ensure a strong and sustainable future economy for George Town, the Tamar Valley region and Tasmania....
The global mining and metal giant Rio Tinto, who is the majority owner of Tiwai Point aluminium smelter in New Zealand has shown signs of its desire to keep the aluminium smelter functional beyond 2024, but the major power supplier to NZAS, Meridian Energy denies any discussions over a fresh new...
On Wednesday, February 2, Rio Tinto announced its fourth-quarter and full-year 2021 report, revealing the bauxite output in Q4 at 13.1 million tonnes, down by 6 per cent quarter-on-quarter and 2 per cent year-on-year. In the entire year, the company’s bauxite production came in at 54.3 million...
The news that created a buzz this week was the penalty of $678,889 on Rio Tinto for violation of air contaminants at Kitimat aluminium smelter. The Workers' Compensation Board of British Columbia, operating as WorkSafeBC, imposed the fine following building inspection used for cleaning and...
The Workers' Compensation Board of British Columbia, operating as WorkSafeBC, is a statutory agency that came into existence in 1917 has delivered the global mining and metal giant Rio Tinto a $678,889 fine, following the metal company was persistently alerted of a hazardous violation caused by air...
Some of the important news spotted in the global primary aluminium industry this week included the valuation of Lochaber aluminium smelter scaled up by £100 million, which was acquired from Rio Tinto Alcan and a very small amount was further invested. The news came on Monday, January 10, after the...
Alumina is the prime material for the production of aluminium ingots which feature light-weight, high fluidity, high dissolvability and strong absorption of fluorine. It is also used in applications such as industrial and medical ceramics, sandpapers, pigments, cosmetics and pharmaceuticals. The...
The Govt. of Scotland has been compelled to reveal that the value of the taxpayer guarantee it delivered to distressed metal tycoon Sanjeev Gupta’s GFG Alliance was £586 million. This huge amount was the total gross guarantee provided when GFG Alliance in 2016 acquired the Lochaber aluminium...
The global mining and metal giant, Rio Tinto is infusing $87 million to raise its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec. The investment will inflate production at the smelter by around 45% or 26,500...
The carbon-free aluminium smelting for widely usable products varying from smartphones to cars and drink, cans are one step closer with ELYSIS effectively producing aluminium without any direct greenhouse emissions at its Industrial Research and Development Center in Saguenay (QC), Canada. The...
The global metal giant Rio Tinto partners with Carbfix, the provider of natural and permanent storage solutions by turning CO2 into stone underground in less than two years, to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in...
This week, the bauxite industry started with the news that, Rio Tinto has reportedly renewed the partnership with the Université du Québec à Chicoutimi (UQAC) for the next three years, meaning the former will invest more than $2 million to continue research & development in bauxite and tailings...
Rio Tinto has reportedly renewed the partnership with the Université du Québec à Chicoutimi (UQAC) for the next three years, meaning the former will invest more than $2 million to continue research & development in bauxite and tailings processing technologies. This marks a 25-year union between the...
According to the third-quarter results of 2021 (ended on September 30) released by Rio Tinto, the company’s bauxite production stood at 13.967 million tonnes, up by 2 per cent quarter-on-quarter but down by 3 per cent on the year due to equipment reliability issues and overruns on planned shutdowns...
Mining king Rio Tinto has signalled that they will be joining hands with the Queensland government to look for clean energy for their Boyne aluminium smelter, as Australian manufacturers are gaining a lot due to the crisis in global energy prices which is urging smelters in Europe and Asia to cut...
According to the documents revealed under the Official Information Act, New Zealand, Rio Tinto and ministers’ discussion varied the global metal giant’s proposal to shut down the Tiwai Point aluminium smelter in 2024. In January 2021, Rio Tinto majority-owned aluminium smelter declared that it...
Scanty stockpiles of coal in India have reportedly put aluminium producers into a critical situation. As rightly described by India’s apex industry body, the Federation of Indian Mineral Industries (FIMI), the situation is like aluminium producers are “swimming in a rough ocean”. This has been one...
