Market Selection

ABx Seals First Bauxite Sale

ABx Seals First Bauxite Sale

Australian Bauxite Limited (ABx) announced its first sale from its Bald Hill Mine in Tasmania. The initial sale is for 5,000 metric tons, and delivery is planned in the final week of April. ABx told Tasmania’s The Advocate that the unnamed customer...

Events

US Government to Investigate Imports of Cheap Aluminium, Including Fake Semis

The United States International Trade Commission announced on Wednesday that it is launching an investigation of the country’s aluminium industry and worldwide trade in aluminium, which experts say is in response to, among other things, the People’s Republic of China’s practice of trading in fake semis. The ITC’s investigation is the first step in the […]

Layoffs Coming at Rio Tinto’s Weipa Operations

Anglo-Australian mining giant Rio Tinto Group is warning employees at its bauxite operations at Weipa, Queensland that layoffs are on the horizon. The firm cited declining aluminium prices and increased competition as reasons behind the coming force reduction. Rio Tinto did not specify exactly how many of the site’s 1,400 employees would receive pink slips. […]

Malaysia’s Bauxite Ban Extended Another Three Months

Malaysia’s ban on bauxite mining, set to expire next Friday, has been extended another three months according to an announcement by the government’s natural resources minister, Datuk Dr. Haji Wan Junaidi Tuanku Jaafar. The ban will now run interrupted into the middle of July. The Malaysian government indicated that its reasons for extending the ban […]

Alcoa Seals Bauxite Supply Contracts Worth US$350 MM

American aluminium supplier Alcoa announced Wednesday that Alcoa World Alumina and Chemicals (AWAC), a joint venture between Alcoa and Alumina Limited of Australia, signed several bauxite supply contracts valued in the aggregate at US$350 million over the coming two years. The firm says the contracts will have them supplying customers in China, Europe, and Brazil […]