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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Rio Tinto has announced the appointment of Peter Cunningham as Chief Financial Officer with immediate effect. Peter will be a part of the company’s Board as an executive director. Peter Cunningham has been Interim Chief Financial Officer since 1 January 2021, Rio Tinto said. Rio Tinto chief...
Rio Tinto has teamed up with the Australian Renewable Energy Agency (ARENA) to study using hydrogen in alumina refineries to cut carbon emissions. The project involves a feasibility study into using clean hydrogen to replace natural gas in the calcination process of refining at the Yarwun alumina...
The New Zealand Government countered choking up more than $10 million to dispose of 10,000 tonnes of perilous waste from the banks of the Mataura River in Southland. However, the Rio Tinto owned Tiwai Point Aluminium Smelter Company said it will never demand money. The freshly released documents...
New Zealand’s only aluminium smelter, NZAS has a reported loss and a large write-down of its assets at a time when aluminium prices are recovering. Pacific Aluminium, a joint venture between the Anglo-Australian multinational Rio Tinto holding 79.36% stake in NZAS, and the Tokyo-based Sumitomo...
The global aluminium giant, Rio Tinto partnering with aluminium semi-solid castings solution provider Comptech to drive in a new generation of aluminium alloys to the market towards the usage in advanced technologies such as electric vehicles and 5G antennas. The metallurgical experts of Rio Tinto...
The management of the Fort William aluminium smelter in Lochaber has conveyed to the area’s chamber of commerce that the plant operations are continuing as usual amid the commencement of a Serious Fraud Office (SFO) investigation into the activities of its owners, GFG Alliance. Frazer Coupland,...
The federal government of Australia is considering a bold proposal which reflects to see a portion of an alumina refinery in the northern territory be reprocessed into a strategic fuel storage facility, as reported by industry sources. The intents are to see the tanks at the Rio Tinto refinery...
The Tiwai Point Aluminium Smelter will reportedly cut its production for reducing electricity usage by about 11 megawatts, as it has been receiving warnings over the continuing power market squeeze. This electricity cut is on top of the earlier 6 megawatts, reducing Tiwai’s energy consumption to...
Stew Hamilton has reportedly stepped down as Chief Executive and General Manager of the Tiwai Point Aluminium Smelter to join one of New Zealand’s big power companies. Stew Hamilton has been associated with Rio Tinto, the smelter’s majority owner, for the past 22 years. In 2018, he took over as...
Aluminium Stewardship Initiative has certified Rio Tinto's ISAL Aluminium Smelter in Iceland (ISAL) against its Performance Standard certification with Provisional Status. Aluminium billets produced at ISAL is destined for use in buildings and construction, automotive, printing, and packaging. ASI...
Rio Tinto has reportedly estimated about 217,000 tonnes of spent cell lining at the Tiwai Point aluminium smelter, around 20 per cent more than the previously reported amount of 181,000 tonnes. This additional amount was found in a report audit, which was part of the smelter’s annual financial...
Rio Tinto owned Tiwai Point Aluminium smelter consumes around 13% of New Zealand’s electricity produced, however, it has now outreached an agreement with Meridian Energy to curtail its usage by up to 30.5 megawatts per hour (MWh) until the end of May 2021. Tiwai aluminium smelter has a supply...
The fresh documents released under the Official Information Act, an important part of New Zealand's constitutional framework showcased, in 2020, the owners of the Tiwai Point aluminium smelter refused the offer of direct payment from the Government. As an opening offer to the aluminium smelter, a...
On 20 th April 2021, ELYSIS made public that it has selected the Rio Tinto’s Alma smelter in Saguenay-Lac-Saint-Jean, Quebec, for the foremost installation and demonstration of its inert anode technology at a commercial size of 450 kiloamperes (kA), which is a common capacity for modern, full-scale...
Rio Tinto reported 3% hike in its aluminium production as the Becancour smelter, Quebec operating at full capacity and Kitimat, British Columbia nearing the end of its pot relining cycle. The output grew to 0.8 million tonnes in the first quarter of 2021. The company achieved good production...
Rio Tinto announced first quarter of 2021 production results. The company’s bauxite output was 2% lower than the first quarter of 2020 due to wet weather on the East coast of Australia impacting its Weipa operations. The port at the Amrun mine closed for 14 days due to large swells and cyclones....
The peoples of Southland in New Zealand have met with officials foremost trying to get an assurance over the contaminated Tiwai Point aluminium smelter cleaning up measures. The nation’s Environment Ministry, Regional Council and Department of Conservation met a group of four rūnaka called Murihiku...
The Australian authorities have detained a ship engaged to transport bauxite from Rio Tinto's operations on Cape York for revealing its crew to awful conditions including food and water shortages. The Movers 3 is one of two Aswan Shipping carriers under detention in Australia for multiple breaches...
