Australia

South32’s Bottom Line Punished By Weak Aluminium Prices In FY 2019

South32’s Bottom Line Punished By Weak Aluminium Prices In FY 2019

A drop in aluminium prices thanks to the heightening trade war between the United States and the People’s Republic of China took a serious toll on Australian metals miner South32 Limited’s results for the fiscal year of 2019, as the firm reported...

Events

South32 Alumina Production Jumps 9 Percent Last Quarter To 1,307kt

Australian metals miner South32 Limited updated investors on progress during the closing quarter of fiscal year 2019 yesterday. Overall alumina production in the June quarter rose by 9 percent, with Worsley Alumina leading the charge with a 12-percent jump in production. South32 reported a 1-percent increase of production for the year at Worsley Alumina, ending […]

Metro Mining Increases Bauxite Hills Reserve Estimate By 18.8 Percent

Australia’s Metro Mining Ltd. updated investors on its reserves and resources yesterday, one year on from commencement of operations at its Bauxite Hill Mine. Per the firm, the new numbers translate into potentially extending the mine’s life to 2037, three years beyond previous estimates. In its update, Metro said its total reserve estimate for Bauxite […]

Gränges And Aurora Labs Ltd Ink Agreement To Discuss Enhanced Cooperation In 3D Aluminium Manufacturing

Swedish rolled aluminium firm Gränges AB and Australian metal 3D printing developer Aurora Labs Ltd signed a Memorandum of Understanding last week that contemplates increased commercial and research ties between the two firms. Operating through its wholly-owned subsidiary A3D Operations Pty Ltd., Aurora and Gränges agreed to a framework for possible future transactions between the […]

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 […]