Rio Tinto Begins Shutdown Of New Zealand Aluminium Smelters
Anglo-Australian mining giant Rio Tinto Group said yesterday it will be winding down production operations at New Zealand Aluminium Smelters...
New Zealand Aluminium Smelters
Rio Tinto Sees Third-Party Bauxite Shipments Rise 13 Percent In Q2
Anglo-Australian mining giant Rio Tinto Group released production and financial results for the second quarter yesterday. Though bauxite ore and alumina production rose in the quarter, production cuts stunted the firm’s aluminium production in that period. In the previous quarter Rio Tinto...
Tiwai Point Sees Bottom Line Drop Due To Rising Costs, Falling Prices
New Zealand’s Tiwai Point Aluminium Smelter witnessed a sharp drop-off in profits last year, and the site’s management says a...
Rio Tinto Promises Carbon-Free Smelting Technology At Tiwai Point
New Zealand’s Tiwai Point Aluminium Smelter is in line to possibly become the world’s first carbon-free aluminium smelter after a...
Events
NZAS Reopens Upgraded Potline 4 At Tiwai Point Smelter
New Zealand’s Prime Minister Jacinda Ardern was on hand at Tiwai Point last week to reopen Potline 4 after a US$4.1-million upgrade to the facility. New Zealand’s Aluminium Smelter (NZAS) officially reopened the line on Thursday, adding another 31 thousand metric tons per annum to the plant’s nameplate capacity. The line, which was shuttered six […]
New Zealand Petitions Trump for Exemption from Aluminium Tariffs
New Zealand’s government has added its name to the list of countries seeking an exemption from the coming 10-percent aluminium tariffs to be imposed upon imports into the United States later this month. Prime Minister Jacinda Ardern told domestic media in a press conference earlier this week that her country has a “strong case” to […]
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) […]
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 Pacific. The assets are for sale at present through Deutsche Bank and could be sold for as much as US$1 billion. So says an article in today’s edition of The Australian, noting that the mining […]
Tiwai Point Aluminium Smelter Profitable in 2016 Despite Rising Power Costs
Despite rising costs and their impact upon the firm’s bottom line, New Zealand Aluminium Smelter Limited (NZAS) still turned a profit in 2016. However, the firm warns that, should relief for its rising power costs not be forthcoming, the financial numbers in coming years may be printed with red ink. NZAS released results for the […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
