Australia

Rio Tinto Awards Over $900 MM in Amrun Contracts to Queensland Firms

Rio Tinto Awards Over $900 MM in Amrun Contracts to Queensland Firms

Mining titan Rio Tinto Group’s emphasis on regional economic development will be worth at least $900 million to the Queensland economy, as over two-thirds of the $1.38 billion in contracts for the development of the Amrun bauxite project have been awarded to...

Events

Metro Mining’s Bauxite Reserves on Cape York Now Total 144.8 MMT

Brisbane’s Metro Mining Ltd released an overview of their expanded Bauxite Hills Mine project on Monday. The document is the first public disclosure of the project’s bauxite resources since finalizing the purchase of Gulf Alumina’s interests in the area in January. According to the report, Metro Mining’s bauxite reserves at Bauxite Hills includes 144.8 million […]

Fiji Announces First Shipment of Bauxite Ore in 2017

The island nation of Fiji shipped its first batch of bauxite ore earlier this week. According to local media, William and Goslings Operations & Logistics loaded 70 thousand metric tons of bauxite aboard its vessel, the MV Ocean Merry, at the port of Galoa in the province of Bua, located on the western coast of […]

Citing Power Prices, Boyne Aluminium Smelter Cuts Production and Jobs

Facing a squeeze in power prices, Australia’s Boyne Island Aluminium Smelter said Friday that it will be forced to cut capacity and shrink manpower beyond the levels announced in January. According to a statement released to the media, Rio indicated that capacity would be cut by fourteen percent and that “a significant number of jobs […]

ABx Identifies Refractory-Grade Bauxite Deposit in NSW

Australian Bauxite Limited announced yesterday that it has discovered a layer of refractory-grade bauxite ore in the Penrose state forest, fifty-six miles from Port Kembla. Although ABx has been selling more cement-grade and fertilizer-grade bauxite in recent months, the market for refractory-grade bauxite is lucrative indeed. Such bauxite is used for abrasives and heat-containment applications […]

Metro Mining Lauches Drive to Raise A$52.4 MM for Bauxite Hills Mine

Australia’s Metro Mining Limited announced earlier today that it has initiated a drive to raise A$52.4 million (US$40.2 million) in equity to continue operations at the Bauxite Hills Mine project on the northern tip of the Cape York Peninsula. Metro says that the equity raising will consist of issuing about 419.4 million fully-paid ordinary shares, […]