Australia

ABx Mines 31,600 Metric Tons Of Bauxite Three Weeks Ahead Of Scheduled Shipment

ABx Mines 31,600 Metric Tons Of Bauxite Three Weeks Ahead Of Scheduled Shipment

Australian Bauxite Limited (ABx) announced yesterday the production of 31,600 metric tons of cement-grade bauxite ore since its previous shipment, achieving the contract tonnage necessary for the next shipment with three weeks to spare. ABx says it will continue production at the...

Events

Rio Tinto Completes Commissioning Of Amrun Bauxite Mine

Anglo-Australian mining titan Rio Tinto Group announced on Friday the completion of commissioning of its Amrun bauxite operations at Cape York, Queensland. According to the firm, the US$1.9-billion operation will take up the slack from the mine at East Weipa as it exhausts its cache of bauxite ore. Not only will it fill the void […]

Altech Seals Deal With Macquarie Bank For Mezzanine Finance Arrangement

Australian innovator Altech Chemicals Ltd. announced on Friday that it has chosen Macquarie Bank to be the preferred lender for its planned high-purity alumina plant under construction in Malaysia. Per the firm, the two companies have reached an agreement regarding the terms of the mezzanine debt arrangement and have executed a mandate letter appointing Macquarie […]

Despite Rains, Metro Mining Carries Out Improvements At Bauxite Hills Mine

Australia’s Metro Mining Ltd. updated investors regarding operations at Bauxite Hills Mine yesterday, detailing the events that have taken place over the wet season and since the firm’s announced transition to the site’s owner-operator. Per the press release, Metro ended mining operations in December, shifting the focus at the site to maintenance and infrastructure improvements. […]

South32’s Profit Rises By 35 Percent In FY 19-20’s Front Half

Australian metals miner South32 Limited released results for the first half of FY 2018-19 on Thursday, turning in production numbers essentially level with previous periods but respectable growth in financial returns. In the fiscal year’s first half the firm reported revenue of US$3,811 million, up by 9 percent on the year from last year’s total […]