https://www.miningweekly.com
R/€ = 17.12 Change: -0.06
R/$ = 16.38 Change: -0.09
Au 1802.63 $/oz Change: -12.39
Pt 897.50 $/oz Change: -19.00
 

Aluminium News

Moon dust: Greenland's recipe for saving Planet Earth

By: Reuters     14th October 2021 Among the glaciers and turquoise fjords of southwestern Greenland, a mining company is betting rock similar to the one the Apollo missions brought back from the moon can address some of Planet Earth's climate change problems. "This rock was created in the early days in the formation of our... 

Miners disclose CO2 emissions on LME's sustainability register

By: Reuters     13th October 2021 Nine metal producers including Antofagasta and Teck Resources have disclosed the carbon emissions from their metal producing operations on the London Metal Exchange's newly launched digital register. The register known as LMEpassport is aimed at users of the exchange wanting to support the... 

US revises EU steel proposal as tariff-hike deadline looms

By: Bloomberg     13th October 2021 The US has submitted a new proposal to the European Union to solve a Trump-era dispute on steel tariffs, offering more-generous terms, according to people familiar with the matter. The updated proposal involves so-called tariff-rate quotas that Bloomberg reported last month, but provides for a... 

FYI extends pilot trial with Alcoa

By: Esmarie Iannucci     12th October 2021 unior FYI Resources on Tuesday announced an extended high purity alumina (HPA) trial production run at its pilot plant facility, in Western Australia. The trial production run aligns with the staged joint development project announced with aluminium major Alcoa, earlier this month, FYI told... 

Aluminium hits highest since 2008 as power shortages escalate

By: Reuters     11th October 2021 Aluminium prices rose on Monday to their highest since 2008 due to increases in costs of energy and raw materials used to make the metal and output cuts by the biggest producer, China. China's production, already curbed by a government anti-pollution drive, has been further hit by power... 

Aluminium hits highest since 2008 as power shortages escalate

Norsk Hydro CEO says uneven competition on CO2 cost threatens green transition

By: Reuters     11th October 2021 The green transition is under threat unless governments can level the playing field between metal producers who are forced to pay offset costs for their emissions and those who are not, the CEO of aluminium maker Norsk Hydro said on Monday. "Some are subject to the world's most ambitious climate... 

An image of the Alunorte alumina refinery
The Alunorte alumina refinery, in Brazil

The hottest party in the metals world is back, but much smaller

By: Bloomberg     11th October 2021 Near-record copper prices are usually a sure sign that the parties will be extravagant and the champagne will flow all night when the metals world descends on London. But with Covid-19 still raging across much of the globe, the famously rowdy annual gathering of traders, financiers and producers... 

Exploration key to keeping South Africa on right side of future – investors 

By: Martin Creamer     11th October 2021 Exploration is key to keeping South Africa on the right side of the future-facing metals scenario, the Joburg Indaba heard last week from potential investors. During a panel discussion on mining sector prospects covered by Mining Weekly, the heads of international investment companies commented... 

Creamer Media screenshot of panel discussion at Joburg Indaba in October 2021
Photo by Creamer Media
Form top left clockwise are Fiona Perrott-Humphrey, Olivia Markham, Brett Beatty, Bernard Swanepoel and Mick McMullen.

South Africa in danger of missing out on commodity boom, Joburg Indaba hears  

By: Martin Creamer     6th October 2021 A much more enabling environment is needed to ensure that South Africa does not miss out on yet another commodity boom, the Joburg Indaba heard on Wednesday. “We know that we’ve missed at least one commodity boom,” Foskor chairperson, Industrial Development Corporation director and founding... 

Creamer Media screenshot of PwC Africa CEO Dion Shango at Joburg Indaba 2021
Joburg Indaba opening session covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Global metals, mining demand ‘tepid at best’ – WoodMac

By: Simone Liedtke     6th October 2021 With the global metals and mining markets having faltered under the weight of Covid-19 pandemic-driven lockdowns, demand outside of China was “tepid at best and in freefall at worst”, says global research and consultancy group Wood Mackenzie (WoodMac). From a mined commodities perspective,... 

Pic of Mining Equipment

Innovative wireless sensor approach could make exploration cheaper – Prof  

By: Martin Creamer     5th October 2021 An innovative wireless sensor method of mapping the subsurface of the earth could make exploration cheaper and mining safer, says Professor Musa Manzi, the award-winning director of the Seismic Research Centre of the School of Geosciences at the University of the Witwatersrand. The method, which... 

Picture supplied
Wits Professor Musa Manzi interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Investment in mining crucial to ensure continued contribution to economy – PwC  

By: Martin Creamer     5th October 2021 Investment in the mining industry is crucial to ensure its continued contribution to the South African economy, says PwC in its thirteenth edition of SA Mine 2021, a series of publications that highlights trends in the South African mining industry. In a year of doom and gloom on so many fronts,... 

Creamer Media screenshots and design of elements presented at PwC SA Mine 2021
PwC presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Alcoa leans on new technologies, renewable energy for net-zero goal

By: Mariaan Webb     5th October 2021 Aluminium major Alcoa has joined many other metals and mining companies in announcing its 2050 net-zero emissions ambition, stating that it intends to increase the use of renewable energy at its operations and bring new innovations to the market over time. The company plans to further reduce the... 

Strike end in sight for Rio

By: Esmarie Iannucci     5th October 2021 Diversified miner Rio Tinto is hoping to resume full operations at its Kitimat aluminium smelter and the Kemano hydropower facility, in British Columbia, after reaching a new labour agreement with workers. The miner in September announced that it had reached an in-principal agreement on a new... 

An image of BC Works smelter in Kitimat

Giant private mining companies getting away with no obligation to report anything publicly   

By: Martin Creamer     4th October 2021 A globally significant chrome producer operating six chrome mines and employing 7 000 people inside South Africa – with a social labour plan obligation on every mine, with tax and royalty obligations paid to the State – is permitted to operate in this country with no ongoing public disclosure... 

Creamer Media screenshot of Paul Miller taken during Zoom interview on 4 October 2021
AmaranthCX director Paul Miller interviewed on transparency by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

FYI stock tumbles as it announces proposed Alcoa JV

By: Mariaan Webb     1st October 2021 Australia-listed FYI Resources has failed to win over shareholders with an announcement of a potential joint venture with Alcoa to develop the junior’s High-Purity Alumina (HPA) project. FYI on Friday announced a binding term sheet with Alcoa for the joint development of the project, in Kwinana,... 

Sedibelo, Northam, South32 make headlines   

1st October 2021 Mining Weekly Editor Martin Creamer unpacks Sedibelo Platinum Mines expected electricity triumphs at the Kell processing plant; Northam’s record operations and financial performance in the 12 months to June 30; and South32's acquisition of an additional 25% of Mozal Aluminum.   

Photo of Martin Creamer
Sedibelo, Northam, South32 make headlines

South32 to acquire up to 25% more of Mozal Aluminium

By: Martin Creamer     30th September 2021 South32 has exercised its pre-emptive rights to acquire up to an additional 25% shareholding and related rights in Mozal Aluminium, from Mitsubishi’s MCA Metals. In doing so, the Sydney- and Johannesburg-listed diversified mining company will match a headline purchase price of $250-million to... 

Picture supplied by South32 of Graham Kerr
South32 CEO Graham Kerr

Sibanye-Stillwater moving to radical transparency on public tailings disclosure 

By: Martin Creamer     29th September 2021 Gold, platinum and green metals company Sibanye-Stillwater is moving towards the embrace of radical transparency when it comes to public disclosure on matters relating to tailings facilities against the backdrop of 230 significant tailings failures having taken place globally. Sibanye-Stillwater... 

Creamer Media screenshot
Photo by Creamer Media
Sibanye-Stillwater CEO Neal Froneman

Rio Tinto and Canadian union reach labour deal for British Columbia ops

By: Reuters     26th September 2021 Rio Tinto and Canadian union Unifor have reached a labour agreement in principle for the global miner's operations in the western Canadian province of British Columbia, the company said on Sunday. The agreement comes after weeks of second-round talks between the two parties after the first round... 

An image of BC Works' Kitimat smelter
Rio Tinto's BC Works smelter

Exxaro targeting manganese, bauxite, copper as part of decarbonisation strategy 

By: Martin Creamer     20th September 2021 By investing in operating manganese, bauxite and copper assets, the new Exxaro Minerals business could represent 50% of expected coal earnings within ten years, Exxaro CEO-designate and MD Minerals Dr Nombasa Tsengwa stated on the Johannesburg Stock Exchange-listed coal company’s website on... 

Creamer Media screenshot taken during 2021 presentation of Exxaro results
Photo by Creamer Media
Exxaro CEO-designate and MD Minerals Dr Nombasa Tsengwa

Brazil drought to take bite out of top aluminiuim-maker earnings

By: Bloomberg     17th September 2021 Brazil’s worst drought in nearly a century is starting to show its potential damage to corporate results. Votorantim’s aluminum unit CBA, one of the country’s largest makers of the metal, said Thursday its Ebitda can dwindle by as much as 180-million reais ($34.2-million) in the second half of... 

China calls for better reporting of mineral reserves for energy security

By: Reuters     15th September 2021 China has asked local governments and major oil companies to conduct a thorough survey of their mineral reserves as it seeks to provide more "dynamic" updates on the country's mineral wealth for the sake of its energy and economic security. The Ministry of Natural Resources urged provinces,... 

South Africa’s junior mining dearth result of unintended consequence – AmaranthCX  

By: Martin Creamer     14th September 2021 South Africa’s junior mining dearth is a result of savings no longer flowing through to primary capital raising and stock exchange listings, as the Jacobs Committee expected them to do. The unintended consequence is that there are no longer small investors for small companies. This has negatively... 

Creamer Media screenshot of AmaranthCX director Paul Miller taken during Zoom interview.
AmaranthCX director Paul Miller interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Outlook for metals improves – Moody’s

By: Tasneem Bulbulia     13th September 2021 Credit rating business Moody's Investors Service’s outlook for the global metals and mining industry changed to stable from positive with high prices expected to fade out throughout 2022. In a new report covering iron-ore, steel, coal, aluminium, gold, silver, nickel, copper and zinc, Moody's... 

Aluminum powers toward $3 000 as supply snarl supercharges rally

By: Bloomberg     13th September 2021 Aluminum powered toward $3 000 a ton amid expectations that supply disruptions are here to stay, while demand keeps rising. The metal notched yet another 13-year high on Monday after rising 15% over the last three weeks. Chinese output is down amid drives to reduce emissions and conserve power,... 

An image of rolls of aluminium.

Guinea bauxite prices rise on political turmoil

By: Reuters     6th September 2021 Prices for aluminium ore bauxite from Guinea hit their highest in almost 18 months in top metals consumer China on Monday, as buyers fretted about supply after a coup in the West African country. Guinea is the world's second-biggest producer of the raw material, which is refined into alumina, a... 

A ship carrying bauxite from Guinea is unloaded at a port.
A ship carrying bauxite from Guinea is unloaded at a port.

Military unit seizes power in Guinea, dissolves constitution

By: Bloomberg     6th September 2021 A group of soldiers seized power in Guinea and dissolved the nation’s constitution, according to a statement broadcast on state television. The announcement came hours after heavy gunfire erupted near the presidential palace in the capital, Conakry, earlier on Sunday morning. Agence France-Presse... 

Supplier keeps up with tech revolution

By: Halima Frost     3rd September 2021 Based on its BlueTechnology philosophy, metallurgical industry supplier SMS group has significantly broadened its expertise in processing, supplies and services for nonferrous metals production over the past year to meet the highest requirements of customers. “BlueTechnology in nonferrous metals... 

Three BlueSmelters supplied by SMS group in operation at Aurus automobile company in Russia for recycling of waste electrical and electronic equipment
BLUE GROUP SMS group has implemented its range of BlueTechnology offerings at a greenfield plant in Russia for the recycling of waste electrical and electronic equipment

China’s conflicting climate and economic goals roil commodities 

By: Bloomberg     2nd September 2021 China’s efforts to thread the needle between an often conflicting array of environmental, economic, social and geopolitical objectives are playing out in increasingly unpredictable global commodity markets. The world’s biggest consumer of raw materials, and a major producer of some of them, is... 

China’s conflicting climate and economic goals roil commodities

China completes latest metal auctions as Xi urges better reserves system

By: Reuters     1st September 2021 China released another 150 000 t of state metal inventories to the market on Wednesday, its reserves administration said, completing a third round of auctions so far this year as it aims to ease the pressure of high commodity prices on businesses. The sales, which began in early July, are the... 

An image of China President Xi Jinping
President Xi Jinping has called for China to better manage its state reserves system.

EV push sees spike in 'ínfluencer conversations' about the issues - GlobalData

By: Tasneem Bulbulia     1st September 2021 As several countries have committed to bringing in cleaner fuelled cars in a bid to reduce dependency on fossil fuels, the demand for electric vehicles (EVs) is quickly gaining traction in automotive markets around the world. This shift towards electrification is also propelling mining and power... 

Aluminium hurtles toward decade high as supply concerns mount

By: Bloomberg     31st August 2021 Aluminium rose for a seventh day -- to near the highest in a decade -- as deepening Chinese output cuts raised fears of a supply shortfall. The southwestern Chinese province of Guangxi, a major metals producer, will cut output of energy-intensive materials including aluminum, according to people... 

Real-time ore analysis set for African market

By: Halima Frost     27th August 2021 Digital mining solutions provider MineSense is establishing offices in Africa and Europe to introduce its real-time ore analysis technologies to the African Copperbelt by the fourth quarter. “Once we have successfully introduced the technology to the upper Africa region, we intend on filtering... 

An image of a large red tracked front loader at the mine face with bucket full of ore ready to be graded by a ShovelSense system
Caption: GRADE EXPECTATIONS The new ShovelSense ore grading technology is expected to reach African shores before the end of the year

Testing facility expansion under way

27th August 2021 Swiss multinational metals and minerals trade commodities group SGS has seen a rising demand for testing services to meet client requirements and, to facilitate the needs of its clients, it announced the construction of its new, state-of-the-art laboratory in April this year. 

Staff at SGS Group standing in front of a site being constructed at its better testing facility in Spijkenisse near the Port of Rotterdam
BREAKING GROUND The new groundbreaking state-of -the-art facility being built by SGS Group will allow for better testing

Aluminium near three-year high as disruptions tighten market

By: Bloomberg     25th August 2021 Aluminum traded near the highest level in more than three years as supply disruptions tightened the market. The metal has surged 32% this year, second only to tin among the six base metals traded on the London Metal Exchange, propelled by a global economic recovery that’s expected to fuel... 

An image showing stacks of aluminium.

Rio and Sumitomo join forces on hydrogen study

By: Esmarie Iannucci     24th August 2021 Mining major Rio Tinto and Sumitomo will jointly study the construction of a hydrogen pilot plant at Rio’s Yarwun alumina refinery, in Gladstone, and explore the potential use of hydrogen at the refinery. Rio said on Tuesday that if the Yarwun hydrogen project proceeded, the pilot plant would... 

Image depicts hydrogen storage units and wind turbines

IDC in discussion on the introduction of an exploration fund – Demana   

By: Martin Creamer     23rd August 2021 The Industrial Development Corporation (IDC) is in discussion on the introduction of a fund to underpin much-needed exploration in South Africa. This was stated by Reginald Demana, the IDC’s head of mining and metals, infrastructure and energy, in a wide-ranging Zoom interview with Mining Weekly.... 

Reginald Demana picture from files
IDC Mining, Metals, Infrastructure & Energy Head Reginald Demana interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.
1 2 3 4
5
6 7 8 9
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now