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...
Pacific 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 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...
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...
Events
Rio Tinto on Verge of Selling Pacific Aluminium to GFG Alliance
Anglo-Australian mining giant Rio Tinto Group is reportedly in talks with Sanjeev Gupta’s Gupta Family Group (GFG) Alliance for the sale of Rio’s aluminium operations in Australia and New Zealand. A report by the Financial Times indicates that sources tell them that Gupta is flying to Australia to participate in discussions regarding Pacific Aluminium (PacAl) […]
NZAS, Union Come to Agreement Over In Lieu Pay for Workers at Tiwali
New Zealand Aluminium Smelters (NZAS) and E tū, the union that represents its workers, have come to an agreement on how to disburse US$14.2 million of lieu pay now owed to certain current and former workers at the Tiwai aluminium smelter. Representatives from E tū and NZAS met earlier this week to discuss the ramifications […]
Australian Laborers Rally Seeking Answers from Rio Tinto Subsidiary
Around four dozen Australian Maritime Unionists rallied outside Pacific Aluminium’s Tomago Smelter in New South Wales on Thursday. The assembled protesters sought a meeting with Pacific Aluminium’s chief executive, Matt Howell in order to discuss his company’s outsourcing of labor from native Australians to foreign nationals. The genesis of the disagreement in question was in […]
Rio Tinto’s Strachan Steps Down Amid Booming Bauxite Business
The head of Rio Tinto’s bauxite enterprise is stepping down after sixteen years at the helm. Phillip Strachan is vacating his post as Rio’s chief executive of bauxite and alumina and exiting the Brisbane, Australia office. His duties are to be shouldered by Pacific Aluminium chief executive Bruce Cox. Strachan steps down only months after […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
