Australia

Rio Tinto Shopping its Aluminium Assets: Industry Sources

Rio Tinto Shopping its Aluminium Assets: Industry Sources

According to industry sources, Anglo-Australian mining major Rio Tinto is seeking buyers for parts of its aluminium operations. An article published yesterday in The Australian Financial Review said that Rio Tinto is seeking buyers for its three Australian aluminium smelters – namely...

Events

ABx Ships Second Bauxite Load from Bald Hill Mine

Australian Bauxite announced yesterday that it has loaded and shipped the second batch of cement-grade bauxite from Bell Bay in Tasmania. The shipment in question, which consists of 35,913 metric tons of bauxite ore, was mined from the firm’s Bald Hill mine. ABx says the shipment was loaded in a record time of 45 hours, […]

Rio Tinto’s First-Half Aluminium Production at Record Levels

Anglo-Australian mining titan Rio Tinto reported financial results for the first half of 2016 yesterday. The firm credits strong performances in bauxite and aluminium as contributing to their strong performance in the half. “Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop […]

ABx Announces Restart of Bald Hill Mine on August 8

Australian Bauxite Limited announced on Wednesday that the firm, in conjunction with its operations contractor Stornoway, will be restarting the Bald Hill Bauxite Project at Campbell Town, Northern Tasmania. The announcement gave the starting date as August 8 for continuing routine rehabilitation. The firm would also assemble the next three bauxite loads for sale, the […]

Fiji to Resume Bauxite Sales Next Month

The Fijian government confirmed this week that it will resume bauxite ore exports next month. A stagnant market for the ore has frustrated efforts to sell for the past year. According to Apete Soro, acting director for mines at the Department of Mineral Resources, the firm of Aurum Exploration Fiji Ltd has secured an overseas […]

South32 Posts Solid Numbers for Just-Ended FY2016

Australian metals miner South32 released its Quarterly Report last week. The firm’s numbers met or exceeded FY2016 guidance for the just-ended financial year. According to the report, South32 produced 963,000 metric tons of aluminium, which was slightly less than the one million tons produced the previous year. South African aluminium remained level at 697,000 metric […]