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...
Tiwai Point
New Zealand Political Leaders Commit To Extending Talks With Rio Tinto To Keep Tiwai Point Aluminium Smelter Running
Anglo-Australian metals mining giant Rio Tinto Group and the government of New Zealand both committed yesterday to continue talks aimed at continuing operations at the troubled aluminium smelter at Tiwai Point. In a statement emailed to Reuters, Rio Tinto’s Managing Director of...
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...
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...
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 […]
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 […]
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 sources revealed on Friday that such a deal was currently in the works. […]
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) […]
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 ...
