At the US-Canada border, aluminium is constantly on the move, but the direction of trade is far from balanced. In the first six months of 2026, the US imported 907,581.44 tonnes of primary aluminium from Canada, while exporting only 78,886.12 tonnes of semi-fabricated aluminium products such as...
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,...
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Rio Tinto will strengthen its organizational structure to continue to drive performance under its new chief executive Jean-Sébastien Jacques. From 2 July 2016, Rio Tinto’s product group structure will be adjusted to better align the Group’s assets with the business strategy to help drive further...
Rio Tinto (RIO) stock is rising 0.07% to $27.55 in afternoon trading on Thursday after the London-based mining company said demand for bauxite, a raw material used to make aluminum and alumina, is expected to gain over the next 15 years because of growing production in China. Bauxite demand is...
Iran is stepping up talks with potential foreign investors with an eye to developing its mining and metals industries, Mehdi Karbasian, president of state-owned Imidro, the Iranian Mines and Mining Industries Development and Renovation Organization, said. Imidro recently held talks with Rio Tinto...
China’s quest for raw materials for its aluminum smelters and alumina refineries promises to deliver a 15-year boom for exporters of bauxite, according to Rio Tinto Group, which is spending $1.9 billion to raise output. Global demand is already growing rapidly and will outpace the 4 percent-a-year...
The economics of the Tiwai Point aluminium smelter continue to slide despite last week's announcement that it will be the largest single beneficiary of proposed national grid payment reforms, says Woodward Partners energy analyst John Kidd. RioTinto-controlled New Zealand Aluminium Smelters was...
Showing that savings in the mining industry can be achieved by implementing sustainable practices, Rio Tinto has modified the design of the rear tipper truck fleet at its Weipa bauxite mine to reduce costs and fuel usage. The mine’s rear tipper trucks are fuelled by diesel and are used during the...
Consumers in the upper North Island would face the biggest increase in national electricity grid charges under the Electricity Authority's proposed changes to transmission pricing while the Rio Tinto-controlled aluminium smelter at Tiwai Point would get less than half the benefit it may have hoped...
The annual general meetings of Rio Tinto plc and Rio Tinto Limited were held on 14 April 2016 and 5 May 2016 respectively. All resolutions were passed by poll and the results are set out below. Under Rio Tinto's dual listed companies structure established in 1995, decisions on significant matters...
The Supreme Court of New Zealand has rejected an application by the operator of the Tiwai Point aluminium smelter to challenge a High Court decision requiring it to stump up some $20 million in back-pay after a complaint from the smelter workers' union that they were underpaid for days in lieu. The...
The Aluminium Association of Canada (AAC), consisting of Alcoa, Alouette and Rio Tinto, is thrilled with the decision of the United Steelworkers (USW) to withdraw its petition for the imposition of a 50 per cent tariff on aluminium imports. "We share the USW's determination to find solutions to the...
Mining giant Rio Tinto is finally laying off more than 40 staff at its Weipa bauxite operations. The staff are spread across the East Weipa and Andoom ventures. Two weeks ago, Rio Tinto flagged job cuts at Weipa. It wrote to all personnel, warning them of job losses as part of a review to cut...
Rio Tinto posted strong production results for the quarter ended March 31. Production volume inreased across all verticals of the aluminium business value chain compared to the corresponding period previous year. This indeed is a major development keeping in view the recent downturn in the global...
Rio Tinto released robust production results for first quarter of FY2016. Despite global slump in aluminium prices, the mining and metal major posted a significant ten per cent increase in aluminium production year-on-year for the period under review. Kitmat completed its ramp-up to an annualised...
Rio Tinto released robust first quarter production results for FY2016. Despite weakness in global commodity prices, the mining and metals giant reported year-over-year increase in production of bauxite, the prime ore for aluminium production. Bauxite production of 11.1 million tonnes during the...
A long-awaited recommendation on how the cost of the national electricity grid in New Zealand should be shared in future is due on May 17. The NZ Electricity Authority says it will release its transmission pricing methodology paper and run an eight-week consultation. The issue has been running for...
Reports that a company with no connection to the aluminium industry is interested in acquiring the Rio Tinto aluminium smelter at Fort William have raised job fears. The smelter employs 150 people and Rio Tinto is currently carrying out “a strategic review” of all its assets in Lochaber. Highland...
Mining giant Rio Tinto is flagging job cuts at its Weipa bauxite operations. The company has not revealed exact numbers yet, but has written to all personnel, warning them of job losses as part of a review to cut costs because of falling aluminium prices and competition. The operation employs 1400...
Rio Tinto chief executive Sam Walsh will retire from the business on 1 July 2016 and will be succeeded by Copper & Coal chief executive Jean-Sébastien Jacques. To ensure a smooth transition, Jean-Sébastien, will join the board and become deputy chief executive with immediate effect. During more...
