US imported 11.5x more primary aluminium from Canada than it exported in semi-fabricated form in H1 2026 - know why
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...
Australian bauxite forecast at $39/t vs Guinea at $34-46/t: How ore quality, freight and oversupply are shaping prices
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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DJ UPDATE: Rio Tinto Wants Reasonable Talks On Alma Smelter Work Pact
Rio Tinto PLC (RIO) said Thursday it is willing to enter talks with labor unions regarding a collective work agreement at its Canadian Alma aluminum smelter if the talks are "reasonable." "We have come to solutions all the time before [regarding collective work agreement], it's just about being...
Rio Tinto's first quarter aluminum production falls nine per cent due to Quebec lockout
Rio Tinto increased production of several key commodities in the first quarter, but global aluminum output slipped by nine per cent, largely as a result of its decision to lock out employees at a smelter in Quebec. The London-based mining giant's share of aluminum production at its own and jointly...
Solid first quarter production for Rio Tinto
Rio Tinto has reported a solid first quarter of 2012, with production of iron ore, coal, bauxite, alumina and titanium dioxide all rising compared with a year ago. Releasing its operations review for the first quarter of 2012, the diversified mining company reported first quarter global iron ore...
Recent Stock market Outlook is Not Bright for Aluminum Producers
This past week stock market and commodity bulls alike pointed to a solid earnings report from the world's second-largest aluminum producerAlcoa as proof that the global economy is continuing to strengthen. Alcoa reported that its net income dropped 69 percent and revenues were flat at $6 billion as...
Rio Tinto May Split Off Pacific Aluminium Unit
Rio Tinto Group (RIO) may spin off its Pacific Aluminium unit and use debt secured with the assets to pay shareholders a special dividend, the Independent on Sunday said, citing a person close to the company it didn’t identify. The payment may be for as much as A$1 billion ($1.04 billion), with the...
Rio Tinto to Earn GBP 650 million Euro from Demerger Plan
Rio Tinto looks set to earn itself EUR 650 million payday by loading debt onto its Antipodean aluminium smelters business. The FTSE 100 miner has been reviewing the spin off of the assets which are run under the Pacific Aluminium banner since October. Rio's aluminium operations have hurt the...
17th World Aluminium Conference takes place from 30th April to 2nd May 2012 in Abu Dhabi
Keynote presentation looking at "the key strategic threats for aluminium producers" with Saeed Fadhel Al Mazrooei, President and CEO, EMAL, Jacynthe Côté, CEO, Rio Tinto Alcan, Abdulla J.M. Kalban, President and CEO, DUBAL, Phil Martens, President and CEO, Novelis Inc, Chris Ayers, EVP and...
Rio Tinto Receives Binding Offer
Rio Tinto has received a binding offer for its specialty aluminas business from H.I.G. Aperiod of exclusivity has been agreed to with H.I.G. and Rio Tinto will respond to the binding offer following consultation with the relevant European works councils. The terms of the binding offer are...
Aluminium buckles under weight of supply pressure
“I don’t like aluminium.” That may seem an unlikely statement from the world’s sixth-largest producer of the metal. But Marius Kloppers, chief executive of BHP Billiton, is putting his money where his mouth is. BHP will from now on run its aluminium division for cash, he announced in February. Mr...
Rio Tinto Alcan’s site Isal receives power and free scale
Alu1 recently delivered a Power and Free scale to Rio Tinto Alcan’s site at Ísal, Iceland. The scale is used to track carbon consumption in aluminium smelters. This particular configuration of scale weighs the anode rod before and after the carbon is stripped off in the Butt Removal Press. The...
Rio Tinto struggles to supply Asia spot aluminum
Having sold large volumes of aluminum into China at the end of last year, Rio Tinto Alcan is now struggling to find metal to supply customers on a spot basis and is exacerbating a short-term squeeze in the Asian market, industry sources told Dow Jones Newswires Tuesday. The aluminum producer, a...
DJ Rio Tinto Struggles To Supply Spot Aluminum In Asia - Trade
Rio Tinto struggling to find spot parcels of aluminum for Asian customers, market participants say -Shortfall comes after Rio targeted Asia during fourth quarter amid positive arbitrage -Tight spot market helps push premiums up, especially in Japan By Clementine Wallop Of DOW JONES NEWSWIRES...
Score unaffected by aluminium smelter cancellation - Mr Taib
Bernama reported that the scrapping of the proposed MYR 7 billion aluminium smelting plant project in Similajau, near Bintulu will not affect the implementation of the Sarawak Corridor of Renewable Energy. Mr Tan Sri Abdul Taib Mahmud CM of Sarawak said that there were probably 2 other investors on...
Rusal loses aluminum plant but competitors should not rejoice
The government of Ukraine has seized the only alumina plant in the country from nominal owner Rusal -- the world's biggest aluminum producer -- but while Rusal is fighting to regain control of the smelter, the only impact this could have on the company's rivals is negative. The Zaporozhye Alumina...
PKR: Press Metal Sarawak waiting for Taib’s nod
Chief Minister Taib Mahmud, whose family owns Cahya Mata Sarawak (CMS), is unperturbed by global mining giant Rio Tinto PLC’s RM7 billion ‘pullout’ because another investor, Press Metal Sarawak, is believed to be “ready and waiting” to start an aluminium smelter plant. Press Metal, which has been...
Rio Tinto Gets Offer For European Specialty Alumina Business
Anglo-Australian miner Rio Tinto said Wednesday that it entered into exclusive talks with U.S.-based private-investment firm H.I.G. Capital regarding its offer for Rio’s European specialty alumina business. The talks are in line with Rio’s strategy to restructure its aluminum business by selling...
UPDATE 2-HIG to Buy Rio Tinto's French Alumina Plants
Rio Tinto has received a binding offer from private equity group HIG for three French alumina plants that are part of an estimated $8 billion of aluminum assets put up for sale last year by the global miner to try to boost margins. Rio Tinto said on Wednesday it had agreed a period of exclusivity...
China blamed for Rio aluminium decision
RESOURCES giant Rio Tinto's decision to scrap plans for a $US2 billion ($A1.92 billion) aluminium smelter in Malaysia has been blamed in part on China over-supplying the market. While Rio blamed the move on problems with agreeing on power supply terms, analysts also cited China's policy of...
