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Aluminium News

Enabling exploration is urgently needed to put South African mining back in ‘sunrise’ mode  

By: Martin Creamer     17th October 2022 High on the list of the steps that must be taken to stop South African mining from fading further into sunset mode is free access to geological information from State institutions such as the Council for Geoscience. Next is the provision of a modern, functional, and transparent mineral cadastre... 

Aluminium price drops on jump in LME stocks and Russian metal

By: Reuters     17th October 2022 Aluminium prices dropped on Monday as inventories in London Metal Exchange (LME) warehouses jumped, fuelling fears of unwanted Russian-origin metal in the LME system, traders said. Benchmark aluminium on the LME was down 2.3% at $2 252 a tonne at 10:37 GMT. 

Alcoa asks White House to block US imports of Russian aluminium

By: Reuters     14th October 2022 US-based aluminum producer Alcoa on Thursday said it is lobbying the White House to block American imports of the metal from Russia following Moscow's latest military escalation in Ukraine. Reuters reported this week that President Joe Biden's administration was considering a range of options... 

White House weighs ban on Russian aluminum over Ukraine war escalation

By: Bloomberg     13th October 2022 The Biden administration is considering a complete ban on Russian aluminum -- long shielded from sanctions due to its importance in everything from automobiles and skyscrapers to iPhones -- in response to Russia’s military escalation in Ukraine. The White House is eyeing three options: an... 

Shell consortium accelerating electrification of mine haul trucks  

By: Martin Creamer     12th October 2022 Transitioning oil, gas, fuels and lubricants company Shell has established a nine-member consortium to create electrification solutions for mining sites. The electrification offers a shift away from reliance on diesel. (Also watch attached Creamer Media video.) 

Shell VP Sectoral Decarbonisation & Innovation Grischa Sauerberg.
Shell decarbonisation webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

How a ban on Russia’s mining giants could shake the metals world

By: Bloomberg     10th October 2022 A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry, cutting some of the world’s biggest companies off from the main global marketplace. The exchange has yet to make a decision, but on Thursday launched a formal three-week discussion... 

Development is only conversation South Africa should be having, Cutifani tells Joburg Indaba  

By: Martin Creamer     6th October 2022 Development is the only conversation that South Africa should be having, former Anglo American CEO, director and consulting business executive Mark Cutifani said amid strong applause at the Joburg Indaba on Thursday – and mining should be recognised as an industry that can serve as a very... 

Former Anglo America CEO, director and consulting business executive Mark Cutifani.
Mark Cutifani’s address to the Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Banning Russian aluminium would create uncertainty about LME's role - Rusal

By: Reuters     6th October 2022 Banning Rusal's metal will fuel volatility in the London Metal Exchange's aluminium contracts and create uncertainty about the exchange's role in the metals industry, the Russian aluminium giant said in a letter seen by Reuters. Last week, the world's largest and oldest market for trading... 

Arena awards funding for wind power study for Portland smelter

By: Esmarie Iannucci     6th October 2022 The Australian Renewable Energy Agency (Arena) has awarded A$1.5-million in funding to Alinta Energy subsidiary Spinifex Offshore Wind Farm to conduct a wind resource assessment and accelerate early-stage development activities for a 1 000 MW offshore wind farm project off the coast of Portland,... 

South Africa’s geological prospectivity fantastic, says Minerals Council CEO  

By: Martin Creamer     5th October 2022 South Africa’s geological prospectivity is fantastic, Minerals Council South Africa CEO Roger Baxter told the Joburg Indaba on Wednesday. This is so even though only 15% of South Africa's surface area has been mapped at a high-resolution 50 000-to-1 geophysical level, and even though this... 

Minerals Council South Africa CEO Roger Baxter.
Minerals Council South Africa CEO Roger Baxter at Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Helping world transition to net-zero carbon is mining's biggest opportunity, says Minerals Council president 

By: Martin Creamer     5th October 2022 The biggest opportunity mining has as an industry is to help the world to transition to a net-zero carbon world, Minerals Council South Africa president Nolitha Fakude said on Wednesday. Fakude, who is also chairperson of Anglo American's management board in South Africa, highlighted this during... 

Minerals Council South Africa president Nolitha Fakude.
Minerals Council South Africa president Nolitha Fakude.

Investment required to meet mining’s decarbonisation, power challenges – PwC  

By: Martin Creamer     4th October 2022 South Africa’s mining sector will be required to make major investments into alternative and renewable energy sources and energy planning to address the dual challenges of decarbonisation and reliable power supply, PwC said on Tuesday when it launched its SA Mine report, which highlights mining’s... 

Less than 5% of energy consumed by South African mining in 2020 sourced from renewables.
PwC’s SA Mine 2022 covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Alpha starts commissioning at HPA First

By: Esmarie Iannucci     4th October 2022 Junior Alpha HPA has started commissioning of Stage 1 of its HPA First project, in Queensland. The Stage 1 precursor production facility (PPF) has now started commissioning ahead of production of HPA’s high purity aluminium precursors, slated for the December quarter of this year. 

Energy and battery minerals driving Australian exports to record levels

By: Esmarie Iannucci     4th October 2022 Australia’s resources and energy exports are forecast to reach a record A$450-billion in 2022/23, with the export of battery metals, including copper, nickel and lithium, expected to more than double on the 2020/21 earnings. In the latest Resources and Energy Quarterly, the Office of the Chief... 

Image shows operations at Port Hedland

More platinum-based green hydrogen generation on the way 

By: Martin Creamer     3rd October 2022 Up to 1 350 t of green hydrogen can now be generated a year from renewable solar and wind power in the Wunsiedel Energy Park, in Germany. “This is another example of platinum-based production of green hydrogen in Europe that will assist both the replacement of imported natural gas and the earlier... 

Demand for platinum-based green hydrogen generation growing.
Demand for platinum-based green hydrogen generation growing.

Possible LME ban lights fire under aluminium and nickel

By: Reuters     29th September 2022 The London Metal Exchange is launching a discussion paper that marks the first step toward a potential ban on new supplies of Russian metal, according to people familiar with the matter. Any move by the LME to block Russian supplies could have significant ramifications for the global metals... 

Suvo buys into green HPA

By: Esmarie Iannucci     29th September 2022 Kaolin producer Suvo Strategic Minerals has announced plans to acquire a 26% interest in green high purity alumina (HPA) technology. The ASX-listed company will, through a private placement, acquire a stake in Australian proprietary company Dingo, which is aiming to produce HPA from recycled... 

Minerals Council ‘absolutely adamant’ about need for commercially available cadastre  

By: Martin Creamer     29th September 2022 The key objective of transparency in applying for prospecting rights and mining rights – and openly managing them – can be enabled by a commercially available cadastre system. While South Africa does not have such a cadastre, fellow African countries that are already thriving on it include... 

Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell.
Grant Mitchell: Minerals Councll Junior and Emerging Miners Desk webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Green hydrogen, fuel cells important part of any future energy system, says global strategist  

By: Martin Creamer     27th September 2022 Green hydrogen and fuel cells will be a very important part of any future energy system, says Switzerland-based energy and sustainability consultancy strategist Dr David Hart. Among the electrolysers that convert renewable electricity into green hydrogen are proton exchange membrane (PEM)... 

Dr David Hart, E4tech.
E4tech’s Dr David Hart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

South Africans urged to turn exploration into Big Hairy Audacious Goal   

By: Martin Creamer     24th September 2022 South Africans have been urged to rally around exploration as this country's Big Hairy Audacious Goal – a BHAG – so that what is described as "our lowest hanging economic fruit" can be turned to positive account. Council for Geoscience CEO Mosa Mabuza, who was speaking in support of the junior... 

Council of Geoscience CEO Mosa Mabuza.
Council for Geoscience CEO Mosa Mabuza, covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

New fund-raising product appropriate for junior miners, says JSE  

By: Martin Creamer     23rd September 2022 The JSE has a new product that is appropriate for fund-raising by junior mining companies, JSE origination and deals head Sam Mokorosi said on Friday. Mokorosi, who was speaking at Minerals Council South Africa’s Junior and Emerging Miners Desk webinar, highlighted the new product against the... 

JSE origination and deals head Sam Mokorosi.
Minerals Council South Africa’s Junior Miner Webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Russian aluminium imports are hurting US market, Rio Tinto CEO warns

By: Bloomberg     23rd September 2022 Rio Tinto's top executive is raising the alarm that the unfettered flow of Russian aluminum into the US is making North American producers less competitive. Russian imports, which remain exempt from US sanctions, are flowing into the country unrestricted when allies like Australia continue to... 

Russian aluminium imports are hurting US market, Rio Tinto CEO warns

LME says no sign of metal offloading after report about Rusal

By: Reuters     21st September 2022 The London Metal Exchange said on Wednesday it does not see evidence of metal moving into its warehouses on a long-term basis after Bloomberg News reported that Russia's Rusal was working on a plan to deliver its aluminium to LME facilities. Neither Rusal, nor its metal, is under sanctions... 

World’s largest battery-electric mine truck heading for commercial availability in 2024   

By: Martin Creamer     21st September 2022 The world’s largest battery-electric truck for underground mining is on its way to becoming commercially available in 2024. Sandvik’s 65 t TH665B machine removes between 1 t and 2 t of carbon dioxide (CO2) a day, along with heat and noise. 

Jakob Rutqvist, Sandvik VP strategy and commercial for battery and hybrid/electric-vehicles business unit of Sandvik Mining & Rock Solutions.
Sandvik VP Jakob Rutqvist interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Mining driving Australian budget

By: Esmarie Iannucci     21st September 2022 The Minerals Council of Australia (MCA) has welcomed statements by the federal Treasurer acknowledging the importance of the resources sector to Australia’s economy. Speaking at a press conference in Canberra, ahead of the Budget which is some five weeks away, Treasurer Jim Chalmers said that... 

Indonesia State miners may terminate $831m smelter contract - director

By: Reuters     20th September 2022  A unit of Indonesian state miner MIND ID could scrap a contract to build an $831.5-million alumina smelter due to a lack of agreement with contractors, its director said on Tuesday, noting there was still a target to finish the project by 2024. The contract could be terminated if the... 

Minerals Council urges faster inclusion of private electricity suppliers 

By: Martin Creamer     19th September 2022 The Minerals Council South Africa supports President Cyril Ramaphosa’s electricity recovery plan and urges more rapid private sector participation in resolving the country’s deepening electricity crisis. Minerals Council members have 6 500 MW of embedded energy projects in the pipeline which will... 

Minerals Council South Africa CEO Roger Baxter.
Minerals Council South Africa CEO Roger Baxter.

Copper, aluminium fall as markets brace for US rate hikes

By: Reuters     14th September 2022 Copper and aluminium prices fell on Wednesday as the threat of rising interest rates dampened the economic growth outlook, hammered global stock markets and held the dollar near 20-year highs. Data on Tuesday showing higher-than-expected US inflation cemented expectations for a 75 basis points... 

Rio strikes partnership deal with Volvo

By: Esmarie Iannucci     13th September 2022 Diversified miner Rio Tinto has signed a memorandum of understanding (MoU) with automotive major Volvo Group to partner on low carbon materials and to pilot autonomous hauling solutions. Under the MoU, Rio will supply responsibly sourced low-carbon products and solutions to Volvo and the... 

Image shows the Rio Tinto logo

Ministers follow President in visiting Jagersfontein diamond disaster area

By: Martin Creamer     12th September 2022 Following the visit of President Cyril Ramaphosa to the Jagersfontein-Charlesville area in the Free State, Minerals Resources and Energy Minister Gwede Mantsashe will today visit the diamond tailings deposition dam that burst its banks, killing at least one person and destroying homes. Mineral... 

Google map of the Jagersgontein tailings dam, which has burst its banks.
Photo by Google Maps
Google map of the Jagersgontein tailings dam, which has burst its banks.

Glencore clinches green aluminium deals

By: Martin Creamer     9th September 2022 Diversified mining and marketing company Glencore has entered into a ten-year alumina supply and aluminium offtake agreements with global green aluminium subsidiary of Press Metal Aluminium Holdings, a Malaysian stock exchange listed company. The transactions are seen important steps in the... 

Glencore CEO Gary Nagle.
Glencore CEO Gary Nagle.

Norsk Hydro bans Russian aluminium from 2023 purchase deals

By: Reuters     6th September 2022 A division of Norsk Hydro supplying aluminium products to industries including auto and construction will exclude Russian metal from deals to buy aluminium for 2023, the Norwegian company told Reuters. Companies with contracts for this year, agreed in 2021, have continued to buy Russian producer... 

Numsa announces round two of CCMA-facilitated negotiations with South32

By: Marleny Arnoldi     5th September 2022 The National Union of Metalworkers of South Africa (Numsa) has reached a deadlock in its wage negotiations with diversified miner South32, which has manganese mining and aluminium smeling opeations in South Africa. The parties met for negotiations last week under the auspices of the Commission... 

Metal plants feeding Europe’s factories are in existential crisis

By: Bloomberg     5th September 2022 In the aluminum industry, closing a smelter is an agonizing decision. Once power is cut and the production “pots” settle back to room temperature, it can take many months and tens of millions of dollars to bring them back online. Yet Norsk Hydro is preparing this month to do exactly that at a... 

Metal plants feeding Europe’s factories are in existential crisis

Manufacturer to showcase industrial lighting range at Electra Mining

By: Simone Liedtke     1st September 2022 Lighting manufacturer Visionware will be showcasing its industrial lighting range at this year’s Electra Mining Africa exhibition, which will be held in September. The Kempton Park-based company focuses on the in-house design and local manufacturing of products for the electrical switchgear and... 

The V-Light range in a parking bay area
The V-Light range in a parking bay area

AngloGold appoints Rio Tinto exec as its new CFO

By: Creamer Media Reporter      30th August 2022 Gold miner AngloGold Ashanti has appointed Gillian Doran CFO, with effect from January 1, 2023. Doran (45) joins AngloGold from Rio Tinto Group, where she is currently CFO Aluminium, based in Montreal, Canada. 

Rusal recommends first dividend in five years

By: Reuters     30th August 2022 Russia's Rusal recommended its first dividend in five years on Tuesday - an interim payment of $0.02 a share - after reporting strong first-half financial results earlier in August. Rusal, the world's largest aluminium producer outside China, boosted its January-June core earnings by 37% to... 

Rio invests in new recycling facility in Quebec

By: Esmarie Iannucci     29th August 2022 Diversified miner Rio Tinto has announced a $29-million investment to build new aluminium recycling facility at its Arvida plant in Saguenay-Lac-Saint-Jean, Quebec. The new recycling plant would expand Rio’s offering of low-carbon aluminium solutions for customers in the automotive, packaging... 

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