Rio Tinto Group

Last-Minute Deal Averts Strike At Rio Tinto’s Straumsvík Aluminium Smelter

Last-Minute Deal Averts Strike At Rio Tinto’s Straumsvík Aluminium Smelter

Labor narrowly averted a strike at Rio Tinto’s Straumsvík aluminium smelter last week after the five unions and the SA Confederation of Icelandic Enterprise hammered out an agreement in an all-night meeting. With a strike scheduled for 8 AM the next day,...

Events

Canada Aluminium Exports To United States Down By 30 Percent: AAC

Data released last week by the Aluminium Association of Canada showed a substantial drop in the sale of standard commodity ingot (P1020) aluminium from smelters in Canada to buyers in the United States from last month’s numbers. Per the association, exports to the States from the dominion in July are projected to be off by […]

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 mined 14,560 thousand metric tons of bauxite ore, up by 9 percent on […]

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 (NZAS) due to the firm’s dim predictions of its continuing viability. According to the firm, a recent review found the operation of the plant wouldn’t likely make a profit in the near future due to […]