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Aluminium
 
NONFERROUS METALS

Aluminium gets $6,5bn boost from Obama's new-energy stimulus plan Restricted

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Aluminium was receiving a $6,5-billion boost from US President Barack Obama's economic stimulus expenditure on more electricity transmission lines that enable new renewable sources of clean wind and solar energy to be connected to the transmission...
27th February 2009
 
 
ENVIRONMENTAL MANAGEMENT

Expert calls for circumspection in deploying international mine closure toolkits Restricted

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South African mining companies need to be careful when deploying international mine closure toolkits and must avoid simply transplanting ideas that might be relevant to another country, but are irrelevant to local circumstances, says the Centre...
20th February 2009
 
 
M&A

Chinalco would have liked stake in Alcan assets Restricted

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Rio Tinto CEO Tom Albanese Aluminum Corp. of China would have included former Alcan aluminium assets in its investment agreement with Rio Tinto if it had been offered the opportunity, Chinalco president Xiao Yaqing said on Thursday. “Rio Tinto doesn't want to sell,...
13th February 2009
 
 
ALUMINIUM

Alcoa agrees on 'strategic cooperation' with Chinese province Restricted

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NYSE-listed aluminium producer Alcoa has formed a strategic cooperation agreement with the government of China's Henan province, the firm announced on Thursday. Alcoa, which said earlier in the day it would sell its stake in Rio Tinto to partner...
13th February 2009
 
 
M&A

Rio Tinto confirms Chinalco talks Restricted

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Diversified miner Rio Tinto confirmed on Wednesday that it is in negotiations with shareholder Chinalco “which may or may not lead to any agreement being reached”. A further announcement will be made “shortly”, Rio said.
11th February 2009
 
 
DIVERSIFIED MINING

Downside risk remains for manganese, despite cutbacks - BHP Billiton Restricted

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Downside risk in manganese volume projections was continuing into the second-half, despite the cutbacks that had already been made, BHP Billiton CEO Marius Kloppers said on Wednesday. Kloppers said that BHP Billiton was already operating its...
4th February 2009
 
 
BASE METALS

Vedanta earnings plummet 98% on lower metal prices, writedowns Restricted

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Despite achieving record production volumes of zinc and aluminium, lower London Metals Exchange (LME) prices have led to a "challenging" third quarter for LSE-listed base-metals producer, Vedanta Resources. Reporting on the company's performance...
28th January 2009
 
 
ALUMINIUM

Rio Tinto Alcan wraps up sale of stake in Chinese venture Restricted

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The aluminium branch of diversified miner Rio Tinto, Rio Tinto Alcan, has sold its 50% stake in the Alcan Ningxia aluminium joint-venture (JV) in China for $125-million. The miner announced on Monday that it had sold its stake in the 160 000 t/y...
26th January 2009
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio