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 alumina refineries in Queensland, Australia is all set in motion to enter full-scale trials with a new technology that might transpose the bauxite residue red mud to soil-like material competent of laying on plant life. As reported by the researchers who are developing the new system, stated...
The global mining and metal giant Rio Tinto anticipates restarting full operations for production at its Kitimat aluminium smelter and the Kemano hydropower facility, in British Columbia, Canada's westernmost province following the attainment of a new labour agreement with workers. Anglo-Australian...
On 25th September 2021, the global mining and metal giant Rio Tinto stated that the company and Canadian union Unifor has drawn up an agreement in principle on a new Collective Labour Agreement for BC Works. The agreement materializes following the number of weeks the second-round discussion...
The global mining giant Rio Tinto has contracted EDL, the developer of world-class wind and solar projects across Australia, to expand an existing solar installation at its Weipa bauxite mines in Queensland by adding 4 MW solar power generating capacity and 4 MW/4 MWh of battery storage. The...
Rio Tinto’s Tiwai Point aluminium smelter in New Zealand has appointed Chris Blenkiron, as the new chief executive officer and general manager nearly three years before the smelter is due for shut down. On 21st September 2021, the company announced that the newly appointed CEO will begin his role...
The primary source of aluminium production, bauxite gained its output by 1.2% in 2020, from the previous year to 371 million tonnes, as per the latest report by GlobalData. The London headquartered data analytics and consulting company GlobalData, a gold standard data provider to the world's...
According to a recent report, Rio Tinto and the union will hold another meeting in Vancouver next week to discuss the Kitimat aluminium smelter strike. As the strike enters its fourth week, Rio Tinto and Unifor union have decided to resume negotiations to see if a collective agreement can be...
The fourth-largest iron ore producer globally with its headquarter in Australia, Fortescue Metals has inked a partnership agreement with a tribal group in New Zealand to evaluate the possibilities of developing a hydrogen project fuelled by renewable energy with the first production as early as...
Rio Tinto has cut production at its BC Works aluminium smelter in Kitimat, Canada due to a strike initiated by the Unifor Local 2301 union after negotiations failed. The output will be slashed to 35 per cent of the smelter’s 432,000 tonnes annual capacity. Rio Tinto Aluminium managing director...
On 25th July 2021, Canada’s largest union in the private sector Unifor stated that about 900 workers had initiated strike action at metal giant Rio Tinto’s operations in the western Canadian province of British Columbia. On 21st July 2021, Unifor issued a 72-hour strike notice almost after seven...
The past week saw Rio Tinto announcing its production results for the second quarter. Rio Tinto’s alumina production stood at 2.0 million tonnes in the second quarter of 2021, 1% higher than the corresponding period of 2020, reflecting strong operational performance at the refineries. Aluminium...
Rio Tinto’s alumina production stood at 2.0 million tonnes in the second quarter of 2021, 1% higher than the corresponding period of 2020, reflecting strong operational performance at the refineries. On a quarter-on-quarter basis, the output was down 1%, primarily due to a planned refinery shutdown...
Rio Tinto announced its bauxite production results for the second quarter of 2021. The output was down by 6% year-on-year due to ongoing system instability following severe wet weather in Eastern Australia in the first quarter. The second quarter bauxite production came in at 13.7 million tonnes....
Rio Tinto has joined the Australian Industry Energy Transition Initiative (ETI) to reduce emissions in hard-to-abate sectors. The Australian Renewable Energy Agency (ARENA) has also awarded $2 million grant to the initiative. The initiative aims to reduce emissions in ‘hard-to-abate’ sectors, such...
The entire 10,000 tonnes of aluminium dross, a by-product of the aluminium smelting process, which stored in Mataura old paper mill site next to the Mataura River has been removed. David Parker, Environment Minister of New Zealand has welcomed the decision that on 30th July, the last bags of dross...
The Anglo-Australian multinational and the world's second-largest metals and mining corporation Rio Tinto is examining the technical implications of using hydrogen as a form of renewable energy in place of natural gas to reduce emissions from refining alumina. The feasibility study amounting to...
On 29th June 2021, the construction of the first commercial-scale prototype cells of ELYSIS’ inert anode technology commences at Rio Tinto’s Alma smelter in Saguenay-Lac-Saint-Jean, Quebec eliminating all direct greenhouse gases from aluminium smelting, which is considered a major step forward. The...
Rio Tinto has commenced operations at scandium oxide demonstration plant at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The plant is ramping up to production capacity of three tonnes of scandium oxide per year. The $6 million project will use an innovative...
