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 is under pressure to deliver on the CEO’s promise to become a "cash machine" for investors as it justifies snubbing a merger approach from Glencore. With Glencore effectively barred from making a renewed bid until April, Rio has a window to woo shareholders through stock buybacks and...
Aluminium company Hydro and Rio Tinto Alcan (RTA) have closed the deal for Hydro to take over RTA's shares in the aluminium smelter Sør-Norge Aluminium AS (Søral) in Norway. Hydro and RTA announced the plans for Hydro to take over Søral in July. Following approval from competition authorities in...
Aluminium company Hydro and Rio Tinto Alcan (RTA) have closed the deal for Hydro to take over RTA's shares in the aluminium smelter Sør-Norge Aluminium AS (Søral) in Norway. Hydro and RTA announced the plans for Hydro to take over Søral in July. Following approval from competition authorities in...
Meridian Energy says, in the possible scenario of Rio Tinto not renewing their contract post July 1 next year, they will watch for the closures of fossil-fuel powered stations before making a decision about their response. Rio Tinto is the major owner of the Tiwai Point Aluminium smelter. According...
Rio Tinto Alcan (RTA), SNC-Lavalin, and Hatch received the coveted Project of the Year award at last night's Project Management Institute (PMI) Professional Awards Gala. The PMI Professional Awards honor organizations and individuals whose passion, talent and expertise make the greatest...
Rio Tinto chief executive Sam Walsh said “We have delivered another strong quarter with record iron ore production and a solid performance in copper and aluminium. We have seen our first full quarter from the 290 Mt/a iron ore expansion in the Pilbara, with the additional tonnes going into our...
Rio Tinto plans to sell its shares in an aluminium smelter in Cameroon, ending several decades in partnership with the government because the project no longer fits the global mining group's strategy. Rio, which makes more than 90 percent of its profit from iron ore, has been edging away from...
Rio Tinto issues a statement regarding the recent press speculation regarding a possible combination of Rio Tinto and Glencore. The Rio Tinto board confirms that no discussions are taking place with Glencore. In July 2014, Glencore contacted Rio Tinto regarding a potential merger of Rio Tinto and...
Rio Tinto bauxite and alumina president Phillip Strachan has been appointed as the new head of the Australian Aluminium Council. Alcoa of Australia's managing director Alan Cransberg has been appointed as the Council's new vice president. Speaking on his new appointment, Strachan said "I look...
Vedanta Resources has been awarded top-ranking producer position by Deutsche Bank after a careful review of UK listed miners. The shares of Vedanta have now gone from ‘hold’ to ‘buy’. A total of 18 stocks were reviewed and the criteria for the reviews covered 19 metrics which included working...
Rio Tinto has announced a 21% hike in earnings to 5.1 billion while its Yarwun alumina site in Gladstone prepares for its annual shutdown. Yarwun and Qal, which had both been affected in 2013 by the ex-tropical cyclone named Oswald, are doing much better with the first half results showing a 9%...
Tag Pacific has joined hands with First Solar Inc., a noted solar energy systems provider, to take up the assignment for building a solar power plant for Rio Tinto Alcan’s Weipa bauxite mine in North Queensland. This should improve Tag Pacific’s status in the market. The Weipa project is worth...
According to Reuter reports, four sources revealed on Tuesday, Rio Tinto is charging a record premium of $420 per tonne from its Japanese buyers for October-December primary metal shipments, which is 3-5 percent higher than the last quarter. Being the biggest importer of the metal, the premium that...
In 2007, the height of the global commodities boom, Aditya Birla Group Chairman Kumar Mangalam Birla and Tom Albanese, chief executive of Vedanta Resources chief executive and former chief executive of Rio Tinto, made landmark purchases of aluminium assets. Ignoring the advice of his colleagues at...
VHE has completed the fabrication and installation of a preheating furnace for the Rio Tinto Alcan smelter at Straumsvík in Iceland. Most smelters add cold aluminium metal to the charge of molten aluminium in the casthouse furnaces. This metal may be in the form of sows, pure offcuts, or other...
An Australian bauxite project could be one of the next major spending items announced by Rio Tinto, with chief executive Sam Walsh confirming he has fast-tracked studies into the South of Embley project in Queensland. Located close to Weipa on the Gulf of Carpentaria, South of Embley would...
Rio Tinto PLC's financial results have followed a predictable theme in recent years: strong profits from iron ore and bad news on aluminum. This year, investors are expecting something different. A run-up in aluminum prices on cutbacks at Chinese smelters and stronger-than-expected demand from the...
The public consultation on the draft Performance Standard and Chain of Custody Standard of the Aluminium Stewardship Initiative is now open from 14 July to 7 September 2014. The Aluminium Stewardship Initiative (ASI) was launched at the end of 2012 by key players in the aluminium industry and is...
