Australian Bauxite Limited Boosts Mineral Resource Estimate At Deep Leads – Rubble Mound To Over 20 MMT
Australian Bauxite Limited (ABx) updated its Mineral Resource Estimate (MRE) for Deep Leads – Rubble Mound project this week, raising...
Australia
ASI Certifies Portland Aluminium Under Performance Standard V2
The Aluminium Stewardship Initiative (ASI) this week certified Alcoa’s smelting and casting operations at Portland, Australia under its Performance Standard V2 (2017) Certification for sustainable production. The site has a nameplate production capacity of 358 thousand metric tons per year. It is...
New Zealand Aluminium Smelter Strikes Deal With Meridian On Power Consumption
New Zealand Aluminium Smelter (NZAS) has reached a deal with local energy provider Meridian Energy to allow the firm greater...
Altech Launches New Low-Maintenance Sodium Alumina 1.0 MWh GridPack
Australian innovator Altech Chemicals Ltd. and joint-venture partner Fraunhofer IKTS announced the launch of its 1.0 megawatt-hour GridPack design last...
Events
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 that the Mineral Resource Estimate covered only 16 percent of the area the […]
Alcoa Australia Slashes Production At Portland Aluminium To 75 Percent
Pittsburgh aluminium pioneer Alcoa Corporation announced last week that its joint venture Portland Aluminium is scaling back production to 75 percent, citing operational stability as the motive. The site’s nameplate capacity is 358 thousand metric tons per annum, but will be operating at around 268.5 thousand metric tons per annum once the cuts are complete. […]
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. […]
Alcoa Pulls Out Of High-Purity Alumina Partnership With FYI Resources
Pittsburgh aluminium pioneer Alcoa Corporation said this week that its subsidiary Alcoa of Australia Limited has opted to end their joint development agreement for high-purity alumina with FYI Resources Ltd. The agreement was brokered in 2021 on the pilot project to develop HPA in commercial quantities. The process was initially slated to have three phases, […]
Alcoa To Install New Steam Recycling System At Wagerup Alumina Refinery
American aluminium pioneer Alcoa Corporation will begin installation of a new steam recycling technology at its Wagerup aluminium refinery in Western Australia now that the results of a study show its feasibility. The firm will begin installation of the 4 MW Mechanical Vapour Recompression (MVR) system as part of the next step in its Refinery […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
