Market Selection

Australian Bauxite Reports New Testing In Tasmania Triples Estimated REE Resource

Australian Bauxite Reports New Testing In Tasmania Triples Estimated REE Resource

Australian Bauxite Limited (ABx) updated the market this week on the estimated volume of rare earth elements (REE) at its Deep Leads project in Tasmania, noting a 350 percent increase to 13.9 million metric tons. The firm said in a press release...


GAC Becomes First Plant In Guinea To Win Aluminium Stewardship Initiative Performance Standard Certification

The Aluminium Stewardship Initiative (ASI) announced this week the certification of Guinea Alumina Corporation SA (GAC) under its Performance Standard V2 (2017). The ASI certification of GAC, a wholly owned subsidiary of Emirates Global Aluminium PJSC (EGA), is the organization’s first-ever certification in Guinea. Covered under the new certification are GAC’s bauxite mining operations close […]

Novelis Marks First Year Of Innovation At Net Zero Lab Valais

Atlanta’s rolled aluminium firm Novelis Inc. celebrated the first full year of operation of its research and development laboratory Net Zero Lab Valais, where it has worked towards scope 1 and 2 carbon neutral production projects for the aluminium industry. The plant’s inaugural year has seen approval for investment in a new electrical pusher furnace […]

Alba Inks Financing Deal For 6 MW Solar Farm Project

Aluminium Bahrain B.S.C. (Alba) announced this week that it has secured funding totaling BD1.6 million (US$4.2 million) for its Solar Farm Project from Bank of Bahrain & Kuwait (BBK). Alba and BBK held a signing ceremony on Monday that was attended by several officers from both firms. With this new funding in hand, Alba will […]

Metro Mining Secures US$30 MM Loan For Bauxite Hills Mine Expansion

Australia’s Metro Mining Ltd. announced this week that it has entered into a financing agreement with Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (“Nebari”) of up to US$30 million. Proceeds from the facility will be used to expand its operations at Bauxite Hills Mine in Queensland, Australia. […]

Speira Shutters Primary Aluminium Production At Rheinwerk Plant

German firm Speira announced the decision to halt aluminium smelting at its Rheinwerk plant, shutting down fully at a plant that cut production by half only last year. The firm said that a precipitous rise in energy prices recently has put the aluminium manufacturing plant in a serious bind. Western Europe is in the midst […]