Australia

Tiwai Point Aluminium Smelter Begins Negotiations For Power Contract Beyond Planned 2024 Closing

Tiwai Point Aluminium Smelter Begins Negotiations For Power Contract Beyond Planned 2024 Closing

New Zealand Aluminium Smelter (NZAS) said this week it has opened negotiations with local power companies on solutions for extending the plant’s life beyond the slated closing at the end of 2024. The Tiwai Point aluminium smelter ended its power contract with...

Events

Rusal Sues Rio Tinto For Return Of 20 Percent Share Of Queensland Alumina

Russian Federation aluminium titan UC Rusal is suing Anglo-Australian mining giant Rio Tinto Group to receive back its 20-percent share of Queensland Alumina Ltd. that the latter firm took from Rusal in the wake of Russia’s invasion of Ukraine earlier this year. According to documents reviewed by Reuters, Rusal is pushing back against Rio Tinto’s […]

South32 Increases Its Share In Mozal Aluminium To 63.7 Percent

Australian metals miner South32 announced this week that it has purchased an additional 16.6 percent of Mozal Aluminium from MCA Metals Holding GmbH for about US$200 million. Per the firm, South32’s ownership of Mozal Aluminium now totals 63.7 percent, giving it an equity share of production of 281 thousand metric tons for the current fiscal […]

NZAS Says Cleanup At Tiwai Point To Top A$687 MM

The firm that operates Tiwai Point aluminium smelter said it plans to remediate the site whether it is shut down in two years, but that the cost of doing so has doubled since the last estimate. New Zealand Aluminium Smelter’s chief executive Chris Blenkiron said last week that the cost had risen substantially from the […]