MACQUARIE Group Limited

Altech Continues Due Diligence For US$90 Million Loan To Fund High-Purity Alumina Production

Altech Continues Due Diligence For US$90 Million Loan To Fund High-Purity Alumina Production

Australian innovator Altech Chemicals Ltd. advised investors of the progress its made on securing a US$90-million mezzanine loan facility earlier this week, noting that due diligence continues on the deal between the two committed parties. Per the firm, collaboration continues between itself...

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 the country’s securities exchange in the near future. According to a column published in The Australian Financial Review earlier today, Rio Tinto is exploring a full or partial listing on the Australian Securities Exchange (ASX) […]

Norsk Hydro Inks Long-Term Energy Contract with Swedish Wind-Energy Firm

Norway’s aluminium firm Norsk Hydro A.S.A. announced yesterday that a subsidiary signed a long-term power contract with a Swedish wind-power company for electricity to fuel the firm’s aluminium operations. Hydro Energi AS’s agreement is with Sweden’s Markbygden Ett AB and will have the latter providing an annual baseload supply to Hydro Energi of 1.65 TWh. […]

Alumina Ltd. Not a Takeover Target for Macquarie

Sydney’s MACQUARIE Group Limited informed its clients on Wednesday that Alumina Ltd. is not in the crosshairs of its majority shareholder CITIC Group as takeover fodder. “We also reiterate our opinion that AWC is not a takeover target at current trading prices given a lack of strategic need for the AWAC assets,” a Macquarie analyst […]