Alumina Market Update: Surplus Of Alumina, Lower Prices Expected In 2019
2018 was a turbulent year for both the alumina market and the price, signified by the fact that spot price...
Rio Tinto
U.S. Trade Tension With China Prompts Rio Tinto To Shift Aluminium Exports To Europe: CEO Jacques
Anglo-Australian metals titan Rio Tinto Group says the trade troubles between the United States and the People’s Republic of China and the corresponding drop in demand in the States will see the firm shift shipments of aluminium to European customers. Such was...
Leaders Emerge In The Aluminium Industry’s Race To Zero Carbon
One of the aluminium industry’s major goals continues to be the production of metal in a manner that emits the...
Rio Tinto Confirms Restart At Weipa After Passage Of Tropical Cyclone Trevor
Anglo-Australian mining giant Rio Tinto Group said yesterday that operations at Weipa are back to normal after a brief closure...
Events
Rio Tinto Completes Commissioning Of Amrun Bauxite Mine
Anglo-Australian mining titan Rio Tinto Group announced on Friday the completion of commissioning of its Amrun bauxite operations at Cape York, Queensland. According to the firm, the US$1.9-billion operation will take up the slack from the mine at East Weipa as it exhausts its cache of bauxite ore. Not only will it fill the void […]
Rio Tinto’s Kitimat Aluminium Smelter Achieves ASI Certification
The entirety of Rio Tinto Group’s aluminium operations in Canada is now certified against the Aluminium Stewardship Initiative (ASI) Performance Standards after the organization announced the certification’s coverage of the BC Works smelter and Kemano Power Operations in Kitimat, British Columbia. The announcement continued by noting that the certifications in question have been appended to […]
Alumina Production By Rio Tinto Projected To Rise To 8.4 Million Metric Tons In 2019
The new year will see a rise in production of both bauxite and alumina from the world’s largest miner. Such was the news from a production report released by Anglo-Australian mining titan Rio Tinto Group late last week. In 2019 the company expects to produce between 8.1 million and 8.4 million metric tons of the […]
Japan’s Aluminium Import Premiums Weakest In Two Years, But Spring Rebound Expected
A glut in supply has driven premiums for aluminium shipment to Japan in the current quarter to two-year lows. So said sources who spoke to Reuters earlier this week. Per the sources, the lion’s share of deals were conducted at US$85 per metric ton above spot price, though a handful were settled at US$84 and […]
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 […]
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious losses, causing the index to drop by 6.6% in May. The reason for this fall remains the same: investors are cautious about ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
Research and Investment Hail Changing Tides for Montenegro’s KAP
On April 25, Montenegro’s Uniprom D.O.O. (owners of Kombinat Aluminijuma Podgorica, KAP) started construction works on a €15 million aluminium ...
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to ...
