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Aluminium
 
MINING INVESTMENT

Africa to have highest rate of urbanisation – Chamber of Mines Restricted

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Africa would have the highest rate of urbanisation in the next 50 years, creating ongoing demand for metals and minerals, South African Chamber of Mines economist Roger Baxter said on Wednesday. Baxter told the Mining Summit in Johannesburg that...
10th September 2008
 
 
WAGE INCREASE

Hillside smelter employees to get 15% wage increase - union Restricted

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Global resources company BHP Billiton has approved a 15% wage increase for employees at its Hillside Aluminium smelting plant, a trade union said on Tuesday.
2nd September 2008
 
 
RESOURCES DEMAND

Chinese urbanisation influx keeps demand for Rio Tinto products strong Restricted

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China might have to build from 40 000 to 50 000 skyscrapers by 2025 to meet the needs of the country's urbanisation influx, diversified miner Rio Tinto CE Tom Albanese said on Tuesday. This would require, he noted, “a lot of steel, copper and...
26th August 2008
 
 
RIO TINTO

'Powered' Coega smelter viable, 'all for' using its SA coal for power – Rio Tinto Audio Available Restricted

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The construction of an aluminium smelter at Coega in South Africa was a “viable opportunity” with power and the company was “all for” supporting the development of a power generation plant from its “attractive” energy coal discovery in South...
26th August 2008
 
 
GOVERNMENT INCENTIVES

Perception that miners do not receive support from DTI is erroneous – Deloitte Restricted

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There is a perception in the mining industry that it does not receive adequate support from the Department of Trade and Industry (DTI), in the form of grants because there is a special capital expenditure tax deduction system available for mining...
22nd August 2008
 
 
CORPORATE ACTIVITY

BHP says Rio takeover makes ‘more sense than ever’ Restricted

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Resources colossus BHP Billiton said on Monday that a merger with smaller rival Rio Tinto “makes more sense than ever”, and that its original acquisition timetable remained intact. CEO Marius Kloppers said that BHP Billiton remained focused on...
18th August 2008
 
 
COMMODITY PRICES

BHP Billiton expects commodity markets to remain robust Restricted

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BHP Billiton, the world’s biggest resources company, on Monday reiterated its upbeat outlook on the commodities markets, as demand keeps growing, and companies struggled to bring on new supply. CEO Marius Kloppers said that “people are way too...
18th August 2008
 
 
ALUMINIUM

Vimetco buys Sierra Leone bauxite mine for $40m Restricted

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Aluminium producer Vimetco on Friday announced it had acquired Global Aluminium Limited, including a subsidiary bauxite mine, from Titanium Resources Group for $40-million, which was seen as further progress in achieving full vertical...
25th July 2008
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio