https://www.miningweekly.com
Gas|Refinery|Operations
Gas|Refinery|Operations
gas|refinery|operations

Rio Tinto lifts force majeure for Australian alumina exports

25th November 2024

By: Bloomberg

  

Font size: - +

Rio Tinto Group lifted restrictions on exports of alumina from its Gladstone refineries in Australia, according to S&P Global.

Rio had declared force majeure — a legal clause allowing a company not to fulfill contractual obligations because of circumstances outside its control — on third-party contracts in May after an incident limited its supplies of natural gas. That limitation has been lifted and operations are near normal, S&P said, citing market sources.

A Rio spokesperson was not immediately available for comment.

The halt added to a spate of supply disruptions from Jamaica to China that have sent alumina prices to record highs in recent weeks and squeezed the smelters that turn the intermediate product into aluminum. Rio produces alumina at its Yarwun refinery and at Queensland Alumina, a venture with Russia’s United Co. Rusal International PJSC.

Edited by Bloomberg

Comments

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Menar awaits Competition approval for re-start of major ferromanganese facility
Resources Watch
4th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.054 0.081s - 127pq - 2rq
Subscribe Now