Rio Tinto Pondering Placement of Pacific Aluminium on Australia’s Stock Exchange
Rumors have surfaced in Australian media outlets that Anglo-Australian mining titan Rio Tinto Group is weighing listing Pacific Aluminium on...
Bell Bay Aluminium
Sources: Rio Tinto Engaged UBS for Listing Pacific Aluminium on Australian Stock Exchange
According to anonymous sources who spoke to Reuters last week, Anglo-Australian mining giant Rio Tinto Group has engaged Swiss investment bank UBS AG to investigate the possibility of publicly listing Pacific Aluminium on the Australian Stock Exchange (ASX). Reuters said two industry...
Rio Tinto Sweetens Pacific Aluminium Package with Australian Alumina Assets
Mining giant Rio Tinto Group is adding two alumina refineries in Australia to the Pacific Aluminium portfolio in an effort...
Century, Glencore Possible Buyers for Rio Tinto’s Pacific Aluminium Operations
Century Aluminium and Glencore plc are rumored to be contemplating the purchase of Rio Tinto Group’s aluminium assets in the...
Events
Bell Bay Wants Answers About Tasmanian Energy Crisis
Tasmania’s Bell Bay Aluminium says that energy shortages have taken a significant toll on the firm’s profit margins and is calling for an investigation regarding the state’s operating procedures, specifically why it was so catastrophic to the island’s energy supply when one power cable to the mainland was severed. Although recent heavy rains have done […]
Bell Bay Aluminium to Return to Full Capacity Sooner Than Expected
Bell Bay Aluminium’s General Manager said this week that his firm is glad to be ramping up to full production capacity now that power rationing is over. An extended outage at Basslink, the high-voltage direct current (HVDC) cable link connecting the Loy Yang Power Station, Victoria to the George Town substation in northern Tasmania, and […]
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 ...
