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 reportedly expanded the ASI Performance Standard and Chain of Custody Standard Certifications to its Amrun and Weipa bauxite mines, Yarwun alumina refinery, and the Bell Bay and NZAS aluminium smelters in Australia and New Zealand. So, the company is now committed to offering more...
According to Reuters report, Apple Inc has purchased the first carbon-free aluminium from a joint venture of Alcoa Corporation and Rio Tinto. The carbon-free aluminium was produced at the Alcoa Technical Center in Pittsburgh. Apple will take the delivery of the first batch of aluminium this month....
According to a Platts report Rio Tinto Aluminium issued a force majeure declaration on aluminium shipments out of Canada, caused by a weeklong strike which was affecting shipments via Canadian National Railways. The strike, which began on November 19 is likely to come to an end as a tentative...
As per the plan, Southlanders have reportedly launched a petition as part of the fight for saving the Tiwai Aluminium Smelter and getting a fair operating environment. According to the report, the Southland Chamber of Commerce launched the online petition at 4 pm on Wednesday and already received...
According to a recent report, Southland leaders will start a campaign to save the Tiwai Point Aluminium Smelter from being closed. Campaign leader Carla Forbes said the campaign would be about getting a fair operating environment in the smelter besides highlighting on the fact that the smelter was...
As the focus on environment is growing urging manufacturers for using sustainably sourced materials, aluminium industry is actually heading towards an exclusive premium market for clean and green aluminium. Though lightweighting and easy recyclability make aluminium a more thoughtful choice, its...
Rio Tinto has reportedly begun the commissioning of an industry-leading filter press technology at its Vaudreuil alumina refinery in Quebec, under CAD $250 million budget. Four 85-tonne presses have been already installed. The original scheduled time of commissioning the presses was six weeks...
According to a report on October 23, the global miner Rio Tinto Limited has flagged a possibility to close production at its New Zealand’s Aluminium Smelter (NZAS), citing weakness in the aluminium market and high energy costs. NZAS is a joint venture between Rio Tinto (79.36%) and Sumitomo...
Rio Tinto’s third quarter bauxite production stood 9% higher than the same period of 2018, with increased production across all sites. Production came in at 13.79 million tonnes, up 3% quarter-on-quarter. Bauxite production stood at 39.96 million tonnes in the first nine months of 2019, with a...
Rio Tinto’s aluminium production stood at 0.8 million tonnes in the third quarter of 2019, down 3% year-on-year, reflecting reduced production at ISAL in Iceland and Kitimat in British Columbia, Canada. Rio reported aluminium production of 2.38 million tonnes in the first nine months of 2019. That...
Rio Tinto, Queensland Alumina Limited (QAL) and The University of Queensland’s (UQ) Sustainable Minerals Institute have received a recognition for their joint research into technologies that could turn bauxite residue, also known as red mud, into fertile soil. They are trying a new process that...
Rio Tinto has announced that all aluminium from Canadian operations is now independently certified and responsibly produced. The company’s Aluminium Stewardship Initiative Chain of Custody certification has been extended to include the BC Works smelter and Kemano Power Operations in Kitimat,...
Fire erupted at the Rio Tinto Alcan’s ISL aluminium smelter in Straumsvík, Southwest Iceland at night on September 3. According to Bjarni Már Gylfason, PR person for Rio Tinto in Iceland, workers managed to extinguish the fire without much injuries and minor damages. The fire erupted mainly at the...
According to the Reuters report, Rio Tinto Plc has started an arbitration process with Sanjeev Gupta’s GFG Alliance as the latter has not made final payments for the purchase of the Dunkerque aluminium smelter in France. The news came after Rio Tinto confirmed this on Monday, September 2. In a...
According to the Reuters report, a global aluminium producer has offered Japanese buyers a premium of $110 per tonne for primary metal shipments during October-December quarter. This premium is higher by 2 per cent than that in the current quarter. The news came after five sources directly involved...
On Friday, August 16, Elysis reportedly marked the start of construction of its Research and Development Centre within Rio Tinto's Complexe Jonquière, the site of the Arvida smelter, Vaudreuil refinery, and Arvida Research and Development Centre. In this research and development centre, technical...
Rio Tinto has released H1 2019 results with 9% higher consolidated sales revenue of US$20.7 billion in comparison with H1 2018. Higher iron ore prices offset the impact of lower volumes and lower aluminium prices. The aluminium business suffered from price declines, in particular in aluminium price...
Rio Tinto has released H1 2019 results. Though aluminium business suffered due to lower aluminium prices, it was stable from an operational perspective. Bauxite and alumina section performed better in comparison to primary metal. Bauxite volumes rose following the completion of Amrun with third...
