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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Rio Tinto to go ahead with Kitimat smelter expansion
Rio Tinto Alcan is pushing ahead with construction of a $3.3-billion (U.S.) smelter in Kitimat, B.C., even as stagnant prices have spurred a selloff of other aluminum assets. London-based Rio Tinto PLC (RIO-N52.15-0.92-1.73%), which acquired Montreal-based aluminum giant Alcan for $38.1-billion in...
Update - Metal fatigue: Rio Tinto set for $5bn writedowns
RIO Tinto could be facing more than $US5 billion of writedowns in February on its ailing aluminium and diamond businesses, on top of up to $US750m wiped from analysts' full-year profit forecasts. Analysts sliced up to 5 per cent from 2011 full-year profit estimates for Rio after executives told the...
Côté’s new Rio Tinto Alcan will be best for bauxite
Rioe Tinto Alcan, once it has divested the 13 assets it put up for sale in October, will occupy the “best bauxite position in the industry”, ceo Jacynthe Côté said at Rio’s investor seminar in Sydney on Monday. The 13 assets include aluminium smelters in Australia, New Zealand, the USA and Europe,...
Rio Tinto updates on production of aluminum
The short term outlook remains challenging as the industry experiences higher input costs and lower LME prices which are currently well below the industry's marginal cost of production. At current prices, Rio Tinto Alcan's underlying earnings are expected to be around break even in the second half...
Rio faces tough aluminium questions
Rio Tinto tried to tell investors how strong their aluminium business was on Monday but instead faced a barrage of questions about how quickly they could get rid of it. The aluminium division is expected to break-even in the second half of 2011 compared to a $US1.4 billion ($A1.43 billion)...
Rio Tinto Alcan's Vaudreuil alumina refinery is awarded the highest distinction from Recyc-Québec
Rio Tinto Alcan's Vaudreuil alumina refinery in Saguenay has received Ici on recycle! Level 3 certification from Recyc-Québec. The Level 3 performance certificate is the highest distinction awarded by this public corporation within the framework of this programme, in recognition of the efforts made...
Intercept Minerals, Rio Tinto agree to farm-in terms for Tiwi Islands bauxite project
Intercept Minerals (ASX: IZM) has agreed the principal terms for a farm-in agreement with Rio Tinto (ASX: RIO) over Intercept’s Tiwi Islands bauxite project. Intercept has an exploration licence covering 1,431 square kilometres of land under application in northeast region of Melville Island,...
Jean Simon of Rio Tinto Alcan Appointed Executive Committee Chairman of the Aluminum Association
Chairman of the Aluminum Association's Board of Directors and President of Nichols Aluminum, Thomas Brackmann, announced the appointment of Jean Simon, President of Primary Metal for Rio Tinto Alcan to the Chairmanship of the Aluminum Association's Executive Committee. Jean Simon has been part of...
Rio Tinto receives Canadian Competition Bureau clearance for its offer for Hathor Exploration
Rio Tinto today received Canadian Competition Bureau clearance for its offer, made through an indirect wholly-owned Canadian subsidiary, to acquire all the common shares of Hathor Exploration Limited ("Hathor") for C$4.70 in cash per common share. The Commissioner of Competition issued a "no action...
Rio Tinto aims to boost aluminium production in Oman
Jacynthe Cote,CEO of the world's largest aluminium producer, Rio Tinto Alcan has said the firm is working with its Omani partner to find ways to boost aluminium production in the Sultanate, Muscat Daily has reported. The company will focus on the Middle East in its future plans, especially the...
Update-Rio Lynemouth Move Signals Aluminum's Ailing Health
Global miner Rio Tinto's decision this week to close its Lynemouth aluminum smelter in Britain has highlighted the poor health of an industry pinched by lower metals prices and high costs. "We have been arguing for some time that aluminum prices are well into the cost curve and that eventually this...
Rio Tinto Alcan to close Lynemouth UK smelter
Rio Tinto Alcan intends to close the Lynemouth aluminium smelter in UK, subject to the completion of a 90-day consultation process with employee and union representatives. The company is also in exclusive discussions regarding the potential sale of the power station at the site. The Lynemouth...
Arabal: RTA to focus on Tier 1 businesses
Rio Tinto Alcan will concentrate on its Tier 1 assets to make them resilient to the global economic uncertainty, its chief executive Jacynthe Cote said. In the keynote presentation, Ms Cote told delegates at the 15th Arabal conference, held in Muscat, Oman, the company was streamlining six of its...
Australian carbon tax fears
Australia's new carbon pricing plan will cause a contraction in the country's energy-intensive aluminium industry, already under pressure from cheaper Chinese output, the Australian Aluminium Council said. "This puts us at more of a disadvantage than we were at without the scheme," the council's...
Australia aluminum sector to contract over carbon plan
Australia's new carbon pricing plan will cause a contraction in the country's energy-intensive aluminum industry, already under pressure from cheaper Chinese output, the Australian Aluminium Council said on Tuesday. "This puts us at more of a disadvantage than we were at without the scheme," the...
MPs fight to save hundreds of jobs at smelter
FEARS over potential job losses at one of south east Northumberland’s biggest employers have been raised in two parliaments., North east MPs have taken up the fight to save hundreds of jobs after it was revealed that Lynemouth’s Rio Tinto Alcan aluminium smelter and power station could be closed,...
Rio Tinto ready to sell UK plant Alcan
Global mining giant Rio Tinto is readying to sell its aluminium smelting plant Alcan in Lynemouth, Northumberland, and is prepared to close it down if it is not sold. John McCabe from Alcan explained the reasons for the move, “Rio Tinto is streamlining its global aluminium business in order to...
Update-Guinea bauxite exports resume after breakdown-CBG
Bauxite exports from Guinea' CBG have resumed, eight days after a breakdown blocked shipments from the West African state, the company told Reuters on Sunday. CBG, a joint-venture between Alcoa , Rio Tinto and the Guinean government, is the world's largest bauxite exporter company with annual...
