Australia

Power Deal Imminent for Alcoa’s Portland Smelter

Power Deal Imminent for Alcoa’s Portland Smelter

A light is now shining at the end of the negotiating tunnel for Alcoa’s smelter in Portland, Victoria after Australian power giant AGL Energy, Alcoa, and the relevant government agencies released a statement indicating that the parties are on the verge of...

Events

Fiji Government Yet to Release Bauxite Royalties

Fiji’s Ministry of Lands is awaiting permission from its permanent secretary before releasing FJ$600,000 (US$283,614) in royalties from bauxite mining activities to relevant landowners. Local media inquired as to the status of such funds with deputy secretary Malakai Nalawa after they say they had been given conflicting statements regarding the timetable for release of the […]

Study Indicates Lucrative Returns for Metallica Minerals’ Urquhart Bauxite Project

Brisbane’s Metallica Minerals Limited announced yesterday its successful completion of an independent pro-feasibility study (PFS) for its Urquhart Bauxite project on Cape York, Queensland. According to the report, the project has a net-present value of A$78.4 million (US$56.5 million). The project’s proved and provable resources are estimated at 6.5 million metric tons of bauxite ore. […]

AWAC Inks First Major Bauxite Supply Agreement with Third-Party Buyer

Alcoa Corporation announced yesterday that its joint venture Alcoa World Alumina and Chemicals (AWAC) has obtained its first significant supply contract with a third party. AWAC has agreed to supply 400 thousand bone dry metric tons (400 million kilograms with zero percent moisture content) from its Huntly mine in Western Australia. Alcoa did not identify […]