Australia

Australia Wins Exception to Trump’s 10-Percent Aluminium Tariffs

Australia Wins Exception to Trump’s 10-Percent Aluminium Tariffs

Australian Aluminium exporters breathed a sigh of relief this weekend after United States President Donald Trump and Australian Prime Minister Malcolm Turnbull announced that they will be immune to Trump’s 10-percent tariffs upon imported aluminium. President Trump announced via Twitter late in...

Events

Tomago Smelter May Be Prime Customer for Potential Clean-Coal Plant in NSW

Citing rising prices and unreliable supplies of power to the plant, New South Wales’ Tomago Aluminium Company advised the federal and state government that it would potentially be a large-scale buyer of electricity from any low-emission coal-powered electricity plants that may be constructed in the area. The announcement is significant due to the fact that […]

Alumina Ltd’s First-Half Numbers Lower Due to Rough Commodities Market

Australian firm Alumina Ltd. published its half-year results yesterday. Though still in the black, their first-half numbers reflect the continued challenging commodities market. Alumina reported an after-tax net profit of US$8 million for the half, which is down year-on-year from US$122 million. The firm took a US$5 million hit from the restructuring of Alcoa Worldwide […]

Australian Gov’t to Begin Investigation Into Possible Aluminium Dumping from Vietnam, Malaysia

Australia’s government has begun a probe into aluminium imports from certain Asian countries to determine if they are engaging in unfair trade practices. According to the state-run news outlet Vietnam News Agency, and reported by Platts, the Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission is investigating aluminium imports from Vietnam and Malaysia. The […]

Indigenous-owned Mining Company to Open Mine in Northern Australia

Australia’s Northern Land Council has agreed to permitting an Aboriginal-owned mining company to commence a small-scale bauxite operation in northeast Arnhem Land, in the Northern Territory. This is believed to be the first time an Aboriginal clan has operated a mine on land it traditionally owned. Gulkula Mining Ltd is operated by the Gumatj clan, […]

Australian Bauxite Says Firm Soon to Reopen Bald Hill Mine

After months of delays, Australian Bauxite says that market conditions are finally returning to a level that will make it possible to reopen operations at its Bald Hill mine. The firm has been attempting to sell the 120,000 metric tons of bauxite they extracted from their mine in Campbell Town, Tasmania, last year. AB had […]