Australia

ABx to Take Next Step in Review of Bauxite Resources at Binjour

ABx to Take Next Step in Review of Bauxite Resources at Binjour

Sydney’s Australian Bauxite Limited updated investors on the progress of its flagship project yesterday, advising them that the review of the resources at Binjour are soon to progress to their next logical step. According to ABx, marketing partner Rawmin Mining and Industries...

Events

Tiwai Point Aluminium Smelter Profitable in 2016 Despite Rising Power Costs

Despite rising costs and their impact upon the firm’s bottom line, New Zealand Aluminium Smelter Limited (NZAS) still turned a profit in 2016. However, the firm warns that, should relief for its rising power costs not be forthcoming, the financial numbers in coming years may be printed with red ink. NZAS released results for the […]

Year’s First Bauxite Shipment Earns Fiji Government US$1.4 MM

Fiji’s first bauxite shipment of 2017 netted the government US$1.4 million dollars, bringing the total earnings from bauxite sales since they began in 2010 to US$25.1 million. Director of Mineral Development Dr. Raijeli Taga made the announcement last week, going on to explain that the inaugural shipment of the year was made on March 3. […]

Altech in Final Stages of High-Purity Alumina Production Due Diligence

Western Australia’s Altech Chemicals Limited updated its shareholders on the firm’s journey to 4N alumina yesterday, saying that the requisite due diligence is steadily approaching its end. According to the firm, no “fatal flaws” have been identified to date in its due diligence work. Among the steps in the process that have passed muster is […]

Metro Mining Inks Bauxite Offtake LOI with China’s Lubei

Brisbane’s Metro Mining Ltd announced yesterday the execution of a non-binding letter of intent (LOI) to deliver between 500 thousand to one million metric tons per year to the People’s Republic of China’s Shandong Aluminium Company Limited (Lubei) for at least three years. The LOI contemplates Metro Mining commencing the delivery in April of next […]