Australia

Rise in Prices for Aluminium, Alumina This Week; Experts Predict Gains to Continue

Rise in Prices for Aluminium, Alumina This Week; Experts Predict Gains to Continue

Prices for aluminium and alumina are turning around this week, according to various reports. On Monday, spot prices for Japanese aluminum import premiums rose to US$110 to US$115 per metric ton plus London Metal Exchange cash, CIF Japan, as a result of...

Events

Alcoa Australia Connected to Bribery of Nigerian Officials

Australia’s Maritime Union has alleged that the master of a ship sent to replace an Alcoa vessel committed improprieties by bribing government officials. In October the Department of Infrastructure and Regional Development granted aluminium producer Alcoa Australia a temporary license to allow a non-Australian crewed ship to transport product from its refineries in Western Australia […]

Bauxite Hopeful ABx Blames Delays on Market

Australian Bauxite Limited (ABx) clarified the reason for the delay in its first shipment from a Tasmanian mine on Tuesday, indicating that the cost of the mineral is the culprit. ABx indicated in January that the first shipments from Tasmania would be in May or June of this year. However, those estimates continued to be […]

Rio Tinto to Expand Queensland Bauxite Mine

Rio Tinto announced Friday that it will spend US$1.9 billion on an expansion project in Queensland that will increase the annual yearly export of bauxite by ten million tonnes. The project, known as the South of Embley project, has been considered for expansion for the last three years but has been tabled each time before […]