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...
Grow with
AL Circle
On recommencing potline four on the face of improved metal prices, Tiwai aluminium smelter, owned by Rio Tinto and the Sumitomo Group via a joint venture called New Zealand Aluminium Smelters Limited, is seeking to recruit 90 new staff. The company reports that it needs to fill 90 roles, as its...
Rio Tinto has signed a joint venture agreement with Minmetals to explore mineral deposits in China. The 50:50 joint venture follows a technical collaboration contract signed in November 2017 when both companies committed to a collaborative partnership in mineral exploration. Rio Tinto chief...
Rio Tinto has completed the sale of its 75 per cent interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited. Total consideration of $200 million is comprised of $150 million in cash received today and an unconditional cash payment of $50...
Gervais Jacques, Managing Director – Atlantic, at Rio Tinto Aluminium, has been appointed Chair of the International Aluminium Institute (IAI), at the 93rd meeting of its Board of Directors in Hong Kong. Jacques has over 25 years experience across all facets of Rio Tinto's aluminium operations....
Alcoa Corporation and Rio Tinto, supported by technology giant Apple, will develop and commercialise a new aluminium smelting process that eliminates all direct greenhouse gas emissions from the traditional smelting process. Alcoa and Rio Tinto are forming Elysis, Montreal-based joint venture...
Canadian Prime Minister Justin Trudeau is to make an announcement for aluminium project funding on Thursday, May 10, 2018, at Saguenay, along with Quebec Premier Philippe Couillard and Rio Tinto’s executives. The details of the project are not known yet other than the fact that it will start ahead...
The Future Aluminium Forum opened its door to industry delegates in Milan yesterday, May 8, at Hotel Michelangelo. The Forum intends to discuss what industry 4.0 means to the future of the aluminium industry and how it can assist in its quest for greater efficiencies. Delegates from major aluminium...
With a flourishing primary aluminium sector, Canada remains the top exporter of aluminium to the U.S. and the country is now rightfully negotiating on the 10% duty imposed on all aluminium imports. Canada is graced for a temporary period for further negotiation for a permanent exemption from the...
New Zealand Aluminium Smelters, controlled by the mining giant Rio Tinto, has declared to restart its fourth potline in next six months to strengthen production capacity at Tiwai Point smelter by about 9.2 per cent and create 32 new jobs in Scotland. The company takes this decision on securing a...
According to sources, companies including Rio Tinto can resume existing supply deals with Rusal’s Aughinish alumina refinery in Ireland as the U.S. has extended the deadline for US and non-US citizens to wind up business with Rusal to late October. The development happened a day after the US...
Rio Tinto’s decision to declare force majeure on Rusal-linked contracts is already leaving innumerable impacts, including alumina price rise. Rio said it decided to announce force majeure on Friday April 13, 2018, on certain customer contracts like alumina shipments from a refinery in Australia...
One of the world’s largest metals and mining corporations Rio Tinto today announced aluminium output for the first quarter of 2018. The production has plunged by 5 per cent in Q1 to stand at 0.8 million tonnes against the contemporary period last year. This is primarily due to disruptions at its...
Global miner Rio Tinto today announced production results for the first quarter of 2018. The company’s bauxite production in Q1 2018 was 12 per cent higher than the corresponding quarter of 2017, due to continued operational improvements. Rio Tinto produced 12.7 million tonnes of bauxite in the...
After Glencore, Rio Tinto, one of the world’s largest metals and mining corporations has decided to trigger force majeure on some Rusal-linked contracts. The mining group declared on Friday that it would work with its customers to minimise disruptions in raw material supply and would fully comply...
The announcement of the first Aluminium Stewardship Initiative (ASI) certification, bagged by Rio Tinto’s integrated aluminium facilities in Quebec, Canada and Northern Territory, Australia, for meeting the industry’s highest standards in respect to environmental, social and governance practices...
Rio Tinto has asked Swiss investment bank UBS to explore a possible public listing of its Pacific Aluminium smelting business on the Australian Stock Exchange (ASX), two industry sources said on Friday. The mining group has tried to sell the division many times without success, including in 2017,...
Norsk Hydro has made a $345 million binding offer to acquire Rio Tinto’s wholly owned Icelandic aluminium plant ISAL. The transaction also includes Rio's 53% stake in Dutch anode facility Aluminium & Chemie Rotterdam B.V. (Aluchemie), and 50% stake in Swedish aluminium fluoride plant Alufluor AB...
Metals and mining company Rio Tinto has announced that it will invest $250 million in its Vaudreuil alumina refinery, in the Saguenay–Lac-Saint-Jean region of Quebec, Canada. The investment will extend operations at the alumina refinery beyond 2020. Rio Tinto Aluminium chief executive Alf Barrios...
