Aluminium
ALUMINIUM
Rio Tinto declares force majeure from Australia aluminium smelters
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Diversified mining giant Rio Tinto’s Alcan operation on Thursday declared a force majeure impacting on the supply of aluminium from the Boyne Smelters, near Gladstone, as a result of the severe flooding in Queensland.
The miner told customers...
13th January 2011
ALUMINIUM
Alcoa posts $21bn revenue in 2010
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US-based aluminium producer Alcoa on Tuesday reported revenue of $21-billion for the 2010 financial year, on the back of a record fourth quarter.
The $21-billion revenue compared with the $18,4-billion recorded in 2009, with income from...
11th January 2011
ALUMINIUM
Power constraints, costs to weigh on Chinese aluminium output - Alcan
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China will increasingly have to look abroad for its aluminium needs, as power constraints and an appreciating remnimbi put pressure on domestic producers, Rio Tinto Alcan CEO Jacynthe Côté said this week.
“The supply side of the aluminium...
By: Matthew Hill
17th December 2010
ALUMINIUM
Rio Tinto approves more than $1bn spending on Canada aluminium smelters
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Rio Tinto will spend more than $1-billion on expansions and upgrades at its aluminium smelter operations in Canada, the group said on Tuesday.
Rio will spend $758-million to build a new 60 000 t/y plant in Quebec, using the group's...
By: Liezel Hill
14th December 2010
strike
BHP Billiton Hillside strike continues
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About a third of workers at BHP Billiton's Hillside aluminium smelter in Richards Bay were on strike, the company said late on Monday.
"Approximately a third of our workforce is involved in this dispute with 50-150 people demonstrating in an...
By: Sapa
14th December 2010
INDUSTRIAL ACTION
Hillside aluminium workers reject pay rise offer
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Striking workers at BHP Billiton's Hillside aluminium smelter in South Africa on Friday rejected the company's revised pay rise offer, a National Union of Metalworkers spokesman said.
Some workers at the aluminium unit at Richards Bay, in the...
By: Reuters
10th December 2010
ALUMINA
Bauxite shareholders approve WA alumina refinery
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The shareholders of ASX-listed Bauxite Resources on Thursday approved the development of an alumina refinery in Western Australia, with joint-venture partner Yankuang.
Bauxite Resources signed an agreement with Yankuang to design and build a...
25th November 2010
MINING FINANCE
Alumina says $320m facility oversubscribed
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ASX-listed Alumina on Monday advised shareholders that it had executed a $320-million unsecured senior syndicated revolving cash facility as part of its ongoing renewal of its banking facilities.
The facility, which was oversubscribed, comprises...
15th November 2010
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Aluminium Multimedia
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