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
Talks Continue On Fate Of NZAS Tiwai Smelter, Though Opinions Differ Regarding Progress
Though negotiations are ongoing, the parties involved in talks to save New Zealand Aluminium’s (NZAS) plant at Tiwai have decidedly different opinions regarding the state of those talks. Per a report released last week, Forsyth Barr relayed the news that Rio Tinto,...
Pacific Aluminium Blames High Power Prices And Low Aluminium Prices For Losses at Tiwai Point
Citing price instability and the rising cost of electrical power to the plant, the operators of New Zealand’s Tiwai Point...
Kiwi Aluminium Extruder McKechnie Completes NZ$18 Million Equipment Upgrade
New Zealand aluminium extrusion firm McKechnie Aluminium Solutions Limited announced last week the completion of a NZ$18 million investment in...
Events
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 productive discussion between the heads of Rio Tinto Group and the New Zealand government last week. A Kiwi news source says Rio Tinto chief executive Jean-Sébastien Jacques and Prime Minister Jacinda Ardern discussed the matter […]
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) […]
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 […]
Workers Walk Off Job at McKechnie
Around one hundred members of the New Zealand labor union E tū walked off the job at McKechnie Aluminium Solutions Ltd in New Plymouth yesterday. The mass walk-out was in response to a contract renewal offer the union’s membership did not find to their liking. The walk-out was agreed upon by the membership as manifested […]
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 ...
