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 said it has suspended bauxite mining at its Gove operations in Australia on Tuesday following the death of a worker. The employee was fatally injured while performing maintenance work, Rio Tinto said in a statement e-mailed to Reuters. "We will be pausing all operations at the mine," the...
The AWU says they have got into a workplace agreement with Rio Tinto and it shows how the union of the both is “able to move with the times”. The agreement was made after years of hostilities between these two leading parties over conditions at the Bell Bay aluminium smelter of Rio. The agreement...
Rio Tinto, International mining giant, the ultimate owner of the Tiwai Pt smelter near Bluff, said the outlook for aluminium was positive despite a 9% fall in spot prices over the year 2013. The aluminium division of Rio- Rio Tinto Alcan, reported last week underlying earnings of around US$557...
A lot of remarkable figures and things have been noticed in 2013 results of Rio Tinto. The company made a profit of $US10.2 billion beat market consensus comfortably. The turnaround in aluminium business was the most remarkable thing. The breakdown of the company’s profit in 2013 shows their net...
Aluminium financing deals will continue to lock up substantial amounts of metal in the London Metal Exchange system, Rio Tinto Chief Financial Officer Chris Lynch said on Thursday. Most of the roughly 5 million tonnes of aluminium in LME warehouses is locked up in financing deals. This involves an...
Rio Tinto announces a 10 per cent increase in underlying earnings to $10.2 billion and 15 per cent increase in full year dividend. Rio Tinto chief executive Sam Walsh said “These strong results reflect the progress we are making to transform our business and demonstrate how we are fulfilling our...
Japanese trading house Sumitomo Corp., which has stakes in smelters from Brazil to Australia, forecast aluminium will face a deficit next year for the first time ever since 2006 as lower prices accelerate output cuts. “Global demand will outpace supply by 37,000 metric tonnes in 2015 from a surplus...
Rio Tinto is expected to give shareholders a healthy dividend boost when it reports full-year financials this week, with analysts expecting chief executive Sam Walsh to make good on his mantra of seeking to increase returns to investors. However, the expected 10 per cent rise in dividends is...
The Federal Court has rejected a legal challenge to a mining lease agreement between Northern Territory based Aboriginal traditional land owners and the mining giant Rio Tinto. In 2011, a 42-year lease agreement was approved by the Federal Government over land used for East Arnhem Land based Gove...
Rio Tinto, the mining giant, will shut down its alumina refinery on Gove peninsula in Arnhem Land. This is a part of their five-month operation that will finally result in closure of the plant by August. Last week the plant had distributed almost 90 redundancy notices. It has been scheduled that...
Rio Tinto Alcan, a Canadian subsidiary of Rio Tinto, the global giant in the mining industry inaugurated Arvida aluminium smelter, the AP60 Technology Centre, worth $1.1-billion in Saguenay-Lac-St-Jean, Quebec. This new plant has a total installed capacity of 60 000 t of aluminium. In a press...
Mining company Rio Tinto has had a record year for bauxite and thermal coal production. Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and...
Rio Tinto has revealed that its Gove alumina refinery in the Northern Territory will be closed by July next year, throwing more than 1,000 people out of work. The mining giant today briefed its 1,400 refinery workers on the timeline for the shutdown. In a statement, federal Industry Minister Ian...
The Federal Government is coming under increased pressure from the Northern Territory for offering a rescue package for Holden workers in southern states while doing little to help people hit by the looming closure of the Gove alumina refinery. Territory Labor MP Warren Snowdon says while he...
Trimet Aluminum AG has taken control of two former Rio Tinto Alcan Inc. production plants in France. The Essen, Germany-based aluminum producer said Dec. 16 that the move came after it received regulatory approval for a deal signed in July. The plants—in Saint-Jean-de-Maurienne and Castelsarrasin,...
Rio Tinto has announced that it is shelving its plans to construct an aluminum smelter worth $4 billion in Paraguay. The company attributed its decision to poor market conditions in the aluminum segment. The decision doesn’t come as a surprise to us, considering that only a few days back the...
The European Commission said Friday it has approved Rio Tinto Alcan's planned sale of aluminium plants in France. "The European Commission has approved under the EU Merger Regulation the acquisition of joint control over two aluminium production facilities located in France of the Rio Tinto Alcan...
Senior union officials are in Nhulunbuy in the Northern Territory to press Rio Tinto to clarify details about shutting down the Gove alumina refinery. Rio Tinto announced last month that it would be mothballing the refinery next year. Australian Manufacturing Workers Union national secretary Paul...
