New Zealand Aluminium Smelter Boss Says Work Continues On Plans To Operate Beyond 2024 Closure Date
Leadership at New Zealand Aluminium Smelter said this week that they were optimistic that the Tiwai plant will stay open...
Australia
NZAS Says Cleanup At Tiwai Point To Top A$687 MM
The firm that operates Tiwai Point aluminium smelter said it plans to remediate the site whether it is shut down in two years, but that the cost of doing so has doubled since the last estimate. New Zealand Aluminium Smelter’s chief executive...
ALCORE Receives A$7.5 MM Grant From Government To Build Aluminium Smelter Bath Recycling Plant In Tasmania
Australian Bauxite Limited (ABx) said this week that it’s subsidiary ALCORE Limited has received a grant of A$7.5 million from...
Rusal Pushes Back Against Rio Tinto’s Takeover Of Queensland Alumina
Russian aluminium firm UC Rusal fired back at its partner at Queensland Alumina Ltd., Anglo-Australian mining giant Rio Tinto Group...
Events
Australia Government Enacts Immediate Ban On Bauxite And Alumina To Russia
Last week the Australian government announced that it has banned with immediate effect the import of bauxite and alumina from Russian suppliers, citing the ongoing invasion of Ukraine by Russia’s military forces. In a statement released by several of Australia’s government ministries, Canberra noted that the move would greatly inhibit Russia’s ability to produce its […]
Australian Bauxite Finds New Outcroppings Of Rare Earth Elements At Rubble Mound In Northern Tasmania
Australian Bauxite Limited (ABx) said this week that testing at its Rubble Mound project in Northern Tasmania has yielded a new cache of rare earth elements (REE). According to the firm, testing at the Rubble Mound site, which is 4 miles east of its Deep Leads project, has yielded samples with 1,620 ppm of total […]
Altech To Issue US$144 MM In Green Bonds To Finance High-Purity Alumina Project In Malaysia
Australian innovator Altech Chemicals Ltd. said this week that it has begun a planned US$144 million listed green bond offering in conjunction with Britain’s Bedford Row Capital Plc and Australia’s Bluemont Capital. According to the firm, the main aim of the bond offering is to secure further funding of its high-purity alumina (HPA) processing plant […]
ABx Inks Agreement With Alumin To Develop Sunrise Bauxite Project In Queensland
Australian Bauxite Limited (ABx) and Australian special purpose vehicle company Alumin Pty Ltd (Alumin) signed an agreement this week to develop the Sunrise Bauxite Project on the Binjour plateau, 70 miles inland of Bundaberg in Queensland. Per the new agreement, Alumin will pay up to A$18 million into the project for development costs. Alumin’s contributions […]
Rio Tinto To Begin Removal Of Spent Pot Lining At Tiwai Point Aluminium Smelter
Tiwai Point aluminium smelter’s majority stakeholder Rio Tinto Group says it will soon begin removing the hazardous spent pot lining from the site as part of its initiative to clean the site that has been used for aluminium production for half a century. The smelter has recently come under pressure to remove the hazardous substance […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
