R/€ = 16.69 Change: 0.07
R/$ = 14.67 Change: 0.06
Au 1177.69 $/oz Change: 0.77
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Aluminium News

UC Rusal partners with China Power to build aluminium complex

4th February 2008 The world’s largest aluminium and alumina producer, United Company Rusal, has signed an agreement with China Power, one of China’s largest energy companies, to create a bauxite-alumina complex in Guinea, and an energy and metal complex in China.  

Chinalco, Alcoa buy Rio Tinto stake

By: Reuters     1st February 2008 A bullish view of the metals cycle was a driving factor behind Aluminum Corp of China's (Chinalco) move to team up with Alcoa to buy a stake in mining group Rio Tinto, the head of Chinalco said on Friday. 

Vale may build aluminium smelter in Colombia

By: Liezel Hill     31st January 2008 Brazilian mining, energy and logistics group Campanhia Vale do Rio Doce (Vale) has studied power generation projects in Colombia to potentially supply energy to an aluminium smelter, but has not made any decisions regarding investment in the country. 

More blackouts as Eskom reports 4 000 MW capacity shortfall

By: Christy van der Merwe     31st January 2008 The all-too familiar electricity load shedding throughout South Africa, which resumed on Wednesday evening, continued on Thursday, after Eskom reported the loss of a unit at its Kriel power station in Mpumalanga, as well as increasing generation losses at some other power stations, which it said... 

BHP starts cutting power demand at aluminium smelters

By: Christy van der Merwe     31st January 2008 The world's largest diversified miner, BHP Billiton, announced on Thursday that it would reduce power demand at the Bayside, Hillside, and Mozal aluminium smelters by 10%, under instruction from the South African government and electricity utility Eskom, in an effort to stabilise the power... 

Rio Tinto to spend $90m on upgrades to Scottish aluminium smelter

By: Liezel Hill     30th January 2008 Diversified miner Rio Tinto has approved a $90-million investment to modernise its Lochaber aluminium plant, in Scotland, the group said on Wednesday. 

Former Merrill Lynch chief joins Alcoa board

By: Liezel Hill     18th January 2008 Former Merrill Lynch CEO Stan O'Neal has been appointed to the board of directors of aluminium-producer Aloca, the company said on Friday. 

Rio Tinto iron-ore output rises to new record

By: Olivia Soraya Spadavecchia     16th January 2008 Diversified mining giant Rio Tinto's iron-ore production set a new annual record at 179-million tons in 2007, the company reported on Wednesday. 

Japan helping South Africa towards creating technology-based economy

By: Esmarie Swanepoel     30th November 2007 South Africa and Japan this month signed a joint statement on minerals.  

Canadians rope in Koreans to raise capital for Namibian uranium venture

By: Felix Njini     23rd November 2007 Toronto Stock Exchange-listed Forsys Metals Corporation has roped in Korean nuclear energy firm Korea Hydro & Nuclear Power Company (KHNP) to help raise capital for its Namibian uranium venture which, company officials say, is to take off in 2009. 

Over 98% of Alcan shares tendered as Rio Tinto’s offer expires

By: Matthew Hill     9th November 2007 Global diversified miner Rio Tinto, which has become a target of bigger peer BHP Billiton, on Friday said that over 98% of the Alcan shares it offered to buy on July 12, had been tendered by the closing date, on Thursday. 

Mining giant donates R1m to rebuild burnt KZN old-age home

By: Matthew Hill     9th November 2007 A South African division of the world's biggest mining group, BHP Billiton, has donated R1-million to rebuild the KwaZulu Natal old age home that was damaged by fire this week. 

BHP suffers 'almost daily' power cuts at African smelters

By: Matthew Hill     26th October 2007 State-owned power utility Eskom’s load shedding has hit diversified giant BHP Billiton’s southern African aluminium smelters “almost every weekday” for the past three weeks, and Africa’s biggest power supplier has warned that the problems will continue. 

Indian aluminium firm may build plant in SA - report

By: Olivia Soraya Spadavecchia     19th October 2007 India's National Aluminium Company has expressed interest in establishing a 500 000 t/y aluminium plant in South Africa, according to Indian national newspaper The Hindu.  

Rio Tinto/Alcan merger gets SA competition thumbs up

By: Olivia Soraya Spadavecchia     15th October 2007 The South African Competition Commission has recommended that the Competition Tribunal approve the merger between international mining group Rio Tinto and aluminium producer Alcan. 

Rio, Alcan name post-merger management team

By: Olivia Soraya Spadavecchia     10th October 2007 International mining group Rio Tinto and aluminium producer Alcan have named the executive management team to run the combined aluminium group, Rio Tinto Alcan, once the acquisition of Alcan by Rio Tinto has been completed. 

Rio Tinto shareholders OK $38bn Alcan takeover

By: Mariaan Webb     28th September 2007 More than 97% of diversified miner Rio Tinto's shareholders have voted in favour of the company buying Alcan, the aluminium producer that plans a smelter project for Coega, in the Eastern Cape province of South Africa.  

Nothing to suggest that stable aluminium prices will move up or down significantly

By: Irma Venter     31st August 2007 London-based Natixis Commodity Markets (NCM) projects a relatively balanced aluminium market this year, with the deficit expected at 50 000 t for 2007, compared to last year’s 357 000 tons. 

Shield granted another prospecting permit in Mauritania

By: Matthew Hill     4th July 2007 ASX-listed explorer Shield Mining (Shield) announced on Wednesday that it had received yet another permit to search for gold and base metals in Mauritania. 

Proposed Richards Bay HF acid plant could process Metorex, Sallies feedstock blend

By: Matthew Hill     11th June 2007 JSE-listed fluorspar-miner Sallies could supply as much as one-fifth of the feedstock required by a proposed hydrofluoric (HF) acid plant that has been mooted for Richards Bay, or some 14 000 t/y, a manager of the project said on Monday. 

Ready to execute aluminium expansion

By: Martin Creamer     25th May 2007 South Africa's state-owned power utility Eskom has indicated to BHP Billiton it may have power to facilitate the expansion of the two largest of Southern Africa's three operating aluminium smelters in five to six years' time, BHP Billiton Aluminium Southern Africa COO Dr Xolani... 

Aspiring to 65%-75% empowerment - Greve

By: Martin Creamer     25th May 2007 Diversified mining company BHP Billiton�s South African operations are now 36% black economically empowered (BEE) in accordance with the latest Department of Trade and Industry (DTI) Codes of Good Practice, strategy and business development vice president Ken Greve tells Mining Weekly. 

World's largest mining company's SA operations scoring on two BEE fronts

By: Martin Creamer     25th May 2007 The black economic empowerment (BEE) strategy of diversified mining company BHP Billiton's South African operations is to obtain BEE credits on two fronts. 

Costs remain challenge, says manganese president

By: Martin Creamer     25th May 2007 Cost pressures in the Kalahari remain a concern, says BHP Billiton manganese president Peter Beaven. The manganese industry is growing on the back of the growing global steel industry and a great opportunity exists for South Africa to take advantage of this. 

Alcoa launches $33bn bid for rival Alcan

By: Matthew Hill     7th May 2007 One of the world’s biggest aluminium producers, Alcoa, on Monday announced that it would make an offer to acquire all of the outstanding common shares of competitor Alcan for $33-billion, or nearly R230-billion, in cash and shares.  

BHP Billiton reports record production levels

By: Nelendhre Moodley     24th April 2007 Global diversified resources group BHP Billiton reported record production for the first nine months of its financial year, underpinned by strong customer demand, the company said in a report on Tuesday. 

Hulett-Aluminium becomes ‘Hulamin’, unveils new logo

By: Creamer Media Reporter      23rd March 2007 South African aluminium producer Hulett Aluminium, which is to be unbundled and separately listed from parent Tongaat-Hulett, will be known simply as ‘Hulamin’, the company announced on Friday. 

Shanghai copper 1,2% lower on China rate rise

By: Archivist     19th March 2007 Shanghai copper prices ended 1,2% lower on Monday, under pressure after China raised interest rates, sparking fears that demand from the world's largest copper consumer could ease. 

Power incentive extended to $2,7bn Coega aluminium project locks in market-development and pricing commitment

By: Terence Creamer     1st December 2006 Aluminium is often described as ‘congealed electricity’ for the simple reason that, while a number of other rawmaterials (including refinedalumina, petroleum coke, liquid pitch, aluminium fluoride and heavy fuel oil) are used in its production, well-priced electricity makes or breaks... 

Omai Bauxite mine, South America 

By: Carla Thomaz     27th October 2006 Name: Omai bauxite mine. Location: The Omai bauxite operation is located 100 km south of Georgetown, Guyana, South America. Brief history: The Guyana bauxite industry stagnated in the 1950s, returning only in 1960 through the production of refractory A-grade super-calcined bauxite. Until 1971,... 

Exports of aluminium scrap to China undermining beneficiation goal

By: Laura Tyrer     25th August 2006 Local scrap aluminium beneficiation is losing out as a result of China’s duty free import of scrap aluminium and taxation on imported aluminium ingots, says Aluminium Federation of South Africa (AFSA’s) Dr Tony Paterson. 

Ghana bauxite mine and alumina refinery

28th July 2006 Alcan and the Republic of Ghana have signed a memorandum of understanding to form a joint venture to explore the feasibility of developing a bauxite mine and alumina refinery, with an initial capacity of 1,2-million to 1,5-million metric tons a year. 

Ghana bauxite mine and alumina refinery

21st July 2006 Alcan and the Republic of Ghana have signed a memorandum of understanding to form a joint venture to explore the feasibility of developing a bauxite mine and alumina refinery, with an initial capacity of 1,2-million to 1,5-million metric tons a year. 

Aluminium aspirations

By: Jade Davenport     19th May 2006 The light metals division of Hatch’s mining and metals portfolio recently completed the feasibility study for the Coega Aluminium Smelter. 

US corporation seeks to strengthen position in key Asian markets

By: Keith Campbell     24th March 2006 With the Chinese economy continuing to grow at twice the global average, US aluminium group Alcoa is determined to strengthen its place in that market. 

US giant insists that demand will continue to outstrip supply

By: Keith Campbell     17th March 2006 Aluminium faces a glowing future. 

'If we had the electricity, we could go ahead with Mozal III and Hillside III+'

By: Keith Campbell     24th February 2006 The south-east coast of Africa, running from southern Moz-ambique down through South Africa, can well be designated the ‘aluminium coast’, with major smelters for the metal in full production at Maputo (Mozal), Richards Bay (Hillside and Bayside) and hopes for another to be... 

China to remain big aluminium-demand driver

By: peter cromberge     9th December 2005 China’s appetite for raw materials is growing at a hungry rate - the associated swell in demand for raw materials is bringing a festive dose of profits and smiles to many global raw materials companies. 

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