Tomago Aluminium Smelter Battling Back Against COVID-19 And Associated Supply Chain Woes
Rio Tinto’s Tomago aluminium smelter in Australia has developed a wide range of contingency plans to address persistent shortages occasioned...
Tomago
Tomago Aluminium Raises Pace Of Transition To Sustainable Power Production
Australia’s biggest aluminium smelter said last week it is ramping up its push to phase out carbon-emitting production by transitioning to the use of renewable energy. According to local media, the drive to renewable power production and storage will be a priority...
Tomago Aluminium Supports Government-Run Natural Gas Power Plant If No Other Power Option Available
The head of Queensland’s Tomago Aluminium told local media yesterday that he supports the federal government’s plan to build a...
Tomago CEO Blames Shaky Electrical Grid for Power Cuts at NSW Smelter
Management at Austraila’s Tomago Smelter warned last week that the country’s power grid is at a “crisis point” after his...
Events
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. […]
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) […]
Tomago Smelter May Be Prime Customer for Potential Clean-Coal Plant in NSW
Citing rising prices and unreliable supplies of power to the plant, New South Wales’ Tomago Aluminium Company advised the federal and state government that it would potentially be a large-scale buyer of electricity from any low-emission coal-powered electricity plants that may be constructed in the area. The announcement is significant due to the fact that […]
Rio Tinto Shopping its Aluminium Assets: Industry Sources
According to industry sources, Anglo-Australian mining major Rio Tinto is seeking buyers for parts of its aluminium operations. An article published yesterday in The Australian Financial Review said that Rio Tinto is seeking buyers for its three Australian aluminium smelters – namely Tasmania’s Bell Bay, Queensland’s Boyne, and New South Wales’ Tomago, citing unnamed insiders […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
