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 updates aluminum production on H1 2011
Bauxite production in H1 2011 was 5% higher than H1 2010 notably at Weipa driven by increased third party demand.
Rio Tinto updates aluminum production on H1 2011
The H1 2011 spot aluminum price averaged USD 2,551 per tonne an increase of 20% on H1 2010. The aluminum market was characterized by strong demand and high regional market premiums. The physical market was tightened due to reduced scrap availability aggressive warehouse incentives and financial...
Rio Tinto updates aluminum production on H1 2011
Rio Tinto updates aluminum production on H1 2011. The Aluminum group’s underlying earnings of USD 379 million were 4% higher than H1 2010. This was principally as a result of higher exchange traded aluminum prices which increased earnings by USD 661 million compared with H1 2010. This was partly...
Rio Tinto, Mitsubishi Corp. Offer $1.55 Billion for Rest of Coal & Allied
Rio Tinto Group, the world’s second- biggest mining company, and Mitsubishi Corp. (8058) offered A$1.49 billion ($1.55 billion) for the shares in Coal & Allied Industries Ltd. (CNA) they don’t own to take the coal miner private. Rio and Mitsubishi, which own stakes of 75.7 percent and 10.2 percent...
Rio tips further Kestrel blowouts
RIO Tinto has flagged cost overruns and delays at its Kestrel coking coal project in Queensland, over and above $US2.4 billion of Australian-dollar-induced iron ore and alumina project cost blowouts revealed in Thursday's first-half report. Of the blowouts, $US1.9bn was in the Pilbara, $US400...
VHE Win Contract to Refurbish Rodding Plant at Alcan's Aluminium Smelter in Iceland
VHE of Iceland has been awarded a major contract for the modification and refurbishment of the rodding plant at ISAL - Rio Tinto Alcan's aluminium smelter in Iceland. The IPU Project - ISAL Production Upgrade - will increase the amperage to 181 kA in Lines 1 and 2 of ISAL's three-line Alusuisse...
Rio Says Rising Labor Costs, Australian Dollar Put Pressure on Expansion
Rio Tinto Group said rising labor costs and the Australian dollar are hurting earnings and put pressure on expansion plans by the world’s second-largest mining company. “This is a challenge we’re going to face, not just this year, but in the coming years,” Chief Executive Officer Tom Albanese said...
Rio expects ballooning Kestrel costs: report
Rio Tinto has tipped cost blowouts and delays at its Kestrel coking coal project in Queensland, on top of the $US2.4 billion worth of Australian-dollar induced iron ore and alumina project expense increases, according to The Australian.
Rio Tinto posts record interim earnings on higher prices
Rio Tinto (LON:RIO) posted record first half earnings as the benefits of higher prices for its products more than offset the impact of adverse weather on its Australia alumina operations and lower group volume. First half to June underlying earnings soared 35 per cent to US$7.8 billion, with net...
Rio interim profit tipped to exceed $US8b
A cashed-up Rio Tinto is expected to post a first-half net profit of more than $US8 billion ($A7.3 billion), driven by bumper iron ore, aluminium and copper prices.
Koppers inks $100M Rio Tinto contract extension
Koppers Holdings Inc,a maker of carbon compounds and treated wood products, has inked a deal with Rio Tinto Aluminium Ltd to supply the Australian-based operations of Rio Tinto. The $100 million contract is a 42-month extension of an existing deal and is to run through June 2014. Koppers will be...
Rio Tinto Q2 aluminum production update
Bauxite production was 11% higher than the Q2 of 2010, notably at Weipa, driven by increased third party demand. Alumina production is gradually recovering from the abnormally heavy rains between December 2010 and April 2011 which primarily impacted Queensland Alumina’s production, affecting...
Rio Tinto Q2 aluminum production update
Bauxite production was 11% higher than the Q2 of 2010, notably at Weipa, driven by increased third party demand. Alumina production is gradually recovering from the abnormally heavy rains between December 2010 and April 2011 which primarily impacted Queensland Alumina’s production, affecting...
Rio Tinto upbeat on aluminum, cautious near term
Aluminum producer Rio Tinto Alcan said Monday it remains cautious about the short term outlook for aluminum although demand should continue rising in the long term and contribute to a doubling of the company's profit margin. "We remain cautious of the short-term outlook" for aluminum, Jacynthe...
Rio Tinto wins approval to expand Ben Nevis hydro-power project
Scottish energy minister approves 5MW hydro-electric scheme at ancient Loch Eilde Mor dam in Kinlochleven. Rio Tinto has secured permission from the Scottish government to extend a 20MW hydro-electric plant in order to power its aluminium smelting facility located near the UK's highest mountain,...
Rio Tinto to invest USD 50 million in cable plant in Paraguay
Bnamericas reported that Canadian aluminum producer Rio Tinto Alcan has pledged to invest USD 50 million to install a cable production plant in Paraguay. Mr Francisco Rivas trade and industry minister of Paraguay said that "This will fill a major void we have, as we import all the cables that we...
Rio Tinto Alcan revisits Nechako Valley tunnel
Rio Tinto Alcan has proposed finishing a tunnel that was bored about halfway of its intended distance as part of the Kemano Completion Project, which the provincial government killed in 1995 over environmental concerns. The proposal, now in its early stages, would involve building a second tunnel...
Rio Tinto Alcan temporarily lays off 60 in Quebec
As many as 60 Rio Tinto Alcan employees in Alma, Que. have been forced into early vacations or temporary layoffs as the metal giant tries to fix a problem with the formulation of produced aluminum. Equipment that's normally used to re-line aluminum pots has been diverted to fixing the problem,...
