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Aluminium
 
ALUMINIUM

Rio Tinto to build new $228m power turbine in Quebec Restricted

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Diversified-miner Rio Tinto will spend $228-million on a new 225-MW turbine at the group's Shipshaw power station, in Saguenay, Quebec. The project is expected to be completed by December 2012.
28th October 2008
 
 
BASE METALS

Subprime panic weakens base metals demand Restricted

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Activity in the base metals sector has been dominated by the continued fall-out from the subprime crisis - this according to London-based Natixis Commodity Markets’ (NCM’s) fourth quarter metals review.
24th October 2008
 
 
ALUMINIUM

Rio Tinto commits another $300m to BC smelter upgrade Restricted

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Diversified-miner Rio Tinto will spend an additional $300-million to expand and modernise its Kitimat aluminium smelter, in British Columbia, Canada, the group announced on Wednesday. Rio Tinto has now committed more than $500-million to increase...
22nd October 2008
 
 
DIVERSIFIED MINING

Long-term outlook still positive, but near-term spend reviewed – Rio Tinto Restricted

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While the long-term mining outlook remained positive, the current market upheaval provided an opportunity for a review of near-term capital expenditure and project costs, diversified mining major Rio Tinto CE Tom Albanese said on Wednesday....
15th October 2008
 
 
MINERALS & METALS

Outlook for global mining industry positive – US CEOs Restricted

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CEs of the US coal, minerals and mining equipment companies described the state of the mining industry a positive both in the US and globally, as growth in the developing world continues to fuel demand for coal, minerals and mining equipment.
10th October 2008
 
 
COMMODITIES

Long-term outlook for commodities strong, despite short-term volatility - Argus Restricted

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Don Argus, the chairperson of the world’s largest diversified miner, BHP Billiton, was confident that the longer-term outlook for commodities was strong, despite some short-term volatility. Argus said that mining stocks had seen a “significant”...
16th September 2008
 
 
BASE METALS

Sentiment changes as the demand side weakens Restricted

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The fact that some base metal prices have fallen by more than 50% in recent months, highlights the fact that investment activity in the market can turn quickly from being bullish to bearish, reports London-based Natixis Commodity Markets (NCM) in...
12th September 2008
 
 
FLUORSPAR

Sallies turns around as fluorspar price hits $400/t high spot Video Available Restricted

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The turnaround of troubled fluorspar-miner Sallies was coinciding with a dramatic surge in the spot price of the mineral to $400/t-plus, Sallies CEO Tom Dale said on Thursday. Dale said that the JSE-listed Sallies had already succeeded in...
11th September 2008
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio