Rio vows to protect freshwater crab species near mine

Mining giant Rio Tinto’s Alcan division on Monday announced the introduction of new environmental plans for its proposed expanded bauxite operations, in Cape York to protect a potential new species of freshwater crab. The Winda Winda Creek,...

Company Announcement: Rio Tinto to invest US$2.7 billion to complete modernisation of the kitimat aluminium smelter in Canada

Rio Tinto has given the green light to an additional US$2.7 billion capital investment to modernise its aluminium smelter in Kitimat, British Columbia. This new investment will allow for completion of the US$3.3 billion project in 2014.

Company Announcement: Rio Tinto Alcan announces intention to close Lynemouth aluminium smelter

Rio Tinto Alcan intends to close the Lynemouth aluminium smelter, subject to the completion of a 90-day consultation process with employee and union representatives

Rio Tinto puts 13 aluminium businesses up for sale

Diversified miner Rio Tinto would sell 13 of its noncore assets to streamline its aluminium business, the company announced on Monday. The miner would transfer six Australian and New Zealand asset into a new business unit, to be called Pacific...

Company Announcement: Rio Tinto streamlines Aluminium product group

Rio Tinto is streamlining its Aluminium product group following a strategic review. Thirteen assets will be divested at an appropriate point in the future, and some of these will be managed separately in the meantime.

Power constraints, costs to weigh on Chinese aluminium output - Alcan

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...

Rio Tinto Alcan invests A$140m in Icelandic smelter

The Alcan division of diversified miner Rio Tinto on Friday announced that it would invest $140-million in a casting facility to produce value-added billet at its Straumsvik aluminium smelter, in Iceland (ISAL). The investment would reinforce the...

Rio Tinto gets binding offer for Alcan Engineered Products

Diversified miner Rio Tinto has received a binding offer for a 61% stake in Alcan Engineered Products (AEP), from funds affiliated with Apollo Global Management and the Fonds Strategique d’Investissement (FSI). Under the terms of the...

Rio Tinto sells controlling stake in Ghana bauxite unit

Rio Tinto Alcan has sold its 80% holding in the Ghana Bauxite Company (GBC) to China's Bosai Minerals Group, the company announced on Wednesday. It did not disclose the terms of the sale.

Daily podcast – October 16, 2009

Plans for the proposed $2,7-billion Coega smelter project has been terminated owing to Eskom's capacity constraints; and Zimbabwe should honour investment agreements to attract fresh capital.

Daily podcast – January 26, 2009

In today's podcast: Eskom hints to a willingness to re-engage with miners currently being rationed to 95% of their traditional offtake; and Buyelwa Sonjica says the South African mining industry will not be able to return to 100% power consumption...

Cameroon govt gives go-ahead for new $160m iron-ore port - Sundance

The Cameroon government had given the go-ahead for the development of a new $160-million export terminal to serve an emerging iron-ore province that extended beyond Cameroon into neighbouring Congo and Gabon, Australian iron-ore company Sundance...