Business

ABx Announces Restart of Bald Hill Mine on August 8

ABx Announces Restart of Bald Hill Mine on August 8

Australian Bauxite Limited announced on Wednesday that the firm, in conjunction with its operations contractor Stornoway, will be restarting the Bald Hill Bauxite Project at Campbell Town, Northern Tasmania. The announcement gave the starting date as August 8 for continuing routine rehabilitation....

Events

Fiji to Resume Bauxite Sales Next Month

The Fijian government confirmed this week that it will resume bauxite ore exports next month. A stagnant market for the ore has frustrated efforts to sell for the past year. According to Apete Soro, acting director for mines at the Department of Mineral Resources, the firm of Aurum Exploration Fiji Ltd has secured an overseas […]

South African Firm Hulamin Reports Strong Performance for First Half of 2016

South African rolled and extruded aluminium producer Hulamin released unaudited half-year results for 2016 on Monday, turning in strong numbers for the period. Although the company described market conditions as soft, Hulamin fell just short of doubling the previous year’s entire profits, posting a US$10.57 million result for the first half of this year compared […]

EGA Named a Global Challenger by Boston Consulting Group

United Arab Emirates aluminium producer Emirates Global Aluminium has been declared one of the world’s top rapidly globalizing companies by Boston Consulting Group (“BCG”) in its newly-released 2016 Global Challengers report. The report is an annual study of business and industry in emerging markets, and the successful strategies and tactics used in such markets. It […]

Automotive Demand for Aluminium Will Outstrip Chinese Capacity Restarts: Brandtzæg

Aluminium’s rally will be sustained by the auto industry, propelling demand that will outpace the People’s Republic of China’s rising production, according to Norsk Hydro’s Svein Richard Brandtzæg. Hydro’s CEO was quoted in an interview in London’s Financial Times. The market price for aluminium has risen ten percent in the West and thirteen percent in […]

South32 Posts Solid Numbers for Just-Ended FY2016

Australian metals miner South32 released its Quarterly Report last week. The firm’s numbers met or exceeded FY2016 guidance for the just-ended financial year. According to the report, South32 produced 963,000 metric tons of aluminium, which was slightly less than the one million tons produced the previous year. South African aluminium remained level at 697,000 metric […]