Business

Jamaican Supreme Court Halts Noranda Bauxite Mining In St. Ann’s Cockpit Country

Jamaican Supreme Court Halts Noranda Bauxite Mining In St. Ann’s Cockpit Country

The Jamaican Supreme Court halted mining of St. Ann’s Cockpit Country by Noranda Jamaica and New Day Aluminum (Jamaica) Limited earlier this month, jeopardizing the multi-decade deal the firms struck with the Jamaican government in 2018. The court issued the injunction on...

Events

South32’s Aluminium Operations Take Hit in 2022 Due To Shipping Snarls

Australian metals miner South32 noted in a quarterly filing that its production of aluminium and other minerals were on par with expectations, but it saw an impact on working capital thanks to an inventory build-up due to shipping delays. The fourth quarter of 2022 had South32 meeting production forecasts of aluminium, coal, and copper while […]

Australian Bauxite Fast Tracks REE Drilling Campaign In Northern Tasmania

Australian Bauxite Limited (ABx) said this week that its drilling campaign at Deep Leads and Rubble Mound rare earth elements (REE) discoveries in northern Tasmania due to the high-grade results that the firm has returned in recent test drills. ABx says the mobilization of the RC drill rig site was accomplished a week ago, and […]

Fujian Nanping Aluminium Co, LTD Joins ASI As Production And Transformation Member

The Aluminium Stewardship Initiative (ASI) announced last week that Fujian Nanping Aluminium Co., LTD recently became its newest Production and Transformation member. The plant, which was founded in 1958, has operated as “613” Munitions Factory and Nanping Aluminum Plant. With over 100 production lines, Fujian Nanping produces aluminium profile, aluminium processing, and deep processing. It […]

Alcoa Generates US$12.5 Billion In Revenue In 2022

Pittsburgh aluminium pioneer Alcoa Corporation released results for the last quarter and full year of 2022 last week. High raw materials and power costs and low alumina and aluminium prices hammered the company, but there were bright spots on the balance sheet. In the fourth quarter, Alcoa generated US$2.7 billion in revenue, down by 7 […]