Australia

Weak Sales Prices Hamper Earnings For Rio Tinto’s Aluminium Sector In Front Half Of 2019

Weak Sales Prices Hamper Earnings For Rio Tinto’s Aluminium Sector In Front Half Of 2019

Anglo-Australian mining giant Rio Tinto Group released results for the first half of 2019 late last week. The firm’s aluminium business was stable from an operational perspective in the opening half, but price declines took their toll on the segment. In the...

Events

ABx’s ALCORE Begins Refining Bauxite Into Aluminium Fluoride

Australian Bauxite Limited (ABx) updated the market on Wednesday as to progress on the ALCORE Limited project, noting that it has achieved the project’s third milestone on the road to commercial production of aluminium fluoride (AlF3). ABx says the project has begun chemical refining of bauxite ore into aluminium fluoride with the removal of silicon […]

Unexpected Swell Conditions Hamper Metro Mining’s June Bauxite Shipments

Australia’s Metro Mining Ltd. updated investors on operations at Bauxite Hills Mine yesterday, noting that adverse weather conditions led to issues with delivering the volume of bauxite ore projected for the current month. Upon resuming production after an unexpected pause resulting from a late-season cyclone, Metro completed expansion at the site with the on-time installation […]

Tiwai Point Sees Bottom Line Drop Due To Rising Costs, Falling Prices

New Zealand’s Tiwai Point Aluminium Smelter witnessed a sharp drop-off in profits last year, and the site’s management says a shifting global aluminium market may continue to make life difficult for the smelter over the current fiscal year. Pacific Aluminium (New Zealand) Limited released results for the previous year yesterday that reflected a year-on-year drop […]

Fearing Trump Administration Tariffs, Australia PM Morrison Defends Aluminium Exports To United States

Responding to reports that the Trump Administration is weighing tariffs on aluminium imports from Australia, Prime Minister Scott Morrison said yesterday that his country’s aluminium producers have complied fully with the current deal in place between the two governments. In comments to reporters in the Solomon Islands, Morrison defended his country’s aluminium exporters, saying they […]