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Aluminium News

Putin wants Russia to boost its use of metals to counter sanctions

By: Reuters     21st April 2022 Russian President Vladimir Putin on Wednesday called for structural changes in Russia's metallurgical industry to counter Western sanctions he said were starving it of some components and restricting its ability to sell some goods abroad. Speaking at a televised meeting with industry officials... 

President Ramaphosa to deliver keynote address at Mining Indaba 2022

By: Martin Creamer     20th April 2022 President Cyril Ramaphosa will deliver a keynote address at the 2022 Investing in African Mining Indaba, which takes place in Cape Town from May 9 to 12. The attendance of Ramaphosa, who will speak on Tuesday, May 10, signals the continued importance of mining to the South African economy as a... 

Picture supplied.
President Cyril Ramaphosa.

Altech's Silumina Anodes plant proves up

By: Esmarie Iannucci     20th April 2022 A prefeasibility study (PFS) into a 10 000 t/y silicon/graphite alumina coating plant, in Germany, has proven positive for ASX-listed Altech Chemicals. The company on Wednesday told shareholders that the plant, which will be constructed by Altech Industries Germany (AIG), would produce high... 

Rio's iron-ore production continues to fall

By: Esmarie Iannucci     20th April 2022 Diversified major Rio Tinto has reported another quarter of falling iron-ore production and shipments. The miner on Wednesday reported that iron-ore shipments from the Pilbara operations had reached 71.5-million tonnes, down 8% on the previous corresponding period, and down 15% on the previous... 

Image shows an iron-ore operation in the Pilbara

Greater fuel cell adoption would be a massive boost for South Africa’s platinum group metals  

By: Martin Creamer     13th April 2022 The enactment by more governments of policies to enable greater hydrogen fuel cell mobility would be a massive boost for South Africa’s platinum group metals (PGMs) sector, Mining Weekly can today report. Adoption of hydrogen fuel cell mobility has already been significantly enabled by the German... 

Creamer Media picture
PGMs Industry Day webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

WA posts bumper resource year

By: Esmarie Iannucci     13th April 2022 Western Australia’s resources industry was worth a record A$230-billion in revenue in 2021, the state government revealed this week. Resources sales for 2021 were up 30%, or A$53-billion, from 2020, based on the latest annual data released by the Department of Mines, Industry Regulation and... 

Image shows yellow dumptrucks

Alcoa secures more funding for renewable efforts

By: Esmarie Iannucci     12th April 2022 The Australian Renewable Energy Agency (ARENA) and the Western Australian Clean Energy Future Fund (CEFF) have provided aluminium major with $7.7-million of funding to conduct pilot trials on a new carbon reduction technology that supports Alcoa’s Refinery of the Future initiative. ARENA has... 

Clients planning to close many renewable energy project deals this year – Nedbank CIB  

By: Martin Creamer     11th April 2022 While Africa is blessed with great natural sun and wind resources, it has about 600-million people living without access to electricity, which is one of the biggest impediments to the continent’s economic growth. Renewable energy is available to put an end to this impediment, as it can provide... 

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Nedbank CIB Group Managing Executive Anél Bosman interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Green finance taxonomy to help investors make green project decisions – law firm 

By: Martin Creamer     5th April 2022 South Africa’s first green finance taxonomy will help investors and financial institutions make more informed decisions on ‘green’ projects, say Webber Wentzel’s Patrick Heron and Joon Chong. Heron and Chong describe the taxonomy, launched by National Treasury last Friday, as an official... 

Pictures supplied
Patrick Heron (left) and Joon Chong.

Minerals Council ending century-long relationship with Johannesburg CBD

By: Martin Creamer     4th April 2022 Minerals Council South Africa has begun a new era by moving into modern premises in Rosebank, Johannesburg, and closing a century-long chapter in Johannesburg’s central business district (CBD). The historic Minerals Council building, on Hollard Street– which was constructed in 1921 – will be sold. 

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Photo by Creamer Media
Historic Minerals Council building, on Hollard Street.

Australia's energy exports on the rise - report

By: Esmarie Iannucci     4th April 2022 Australia’s resources and energy export earnings are forecast to surge to a record high A$425-billion for 2021-22. Minister for Resources and Water Keith Pitt said the latest forecast, from the Department of Industry, Science, Energy and Resources’ March 2022 edition of the Resources and Energy... 

Image shows coal exports at port

South32's Mozal buy delayed

By: Esmarie Iannucci     30th March 2022 Diversified miner South32 on Wednesday told shareholders that the acquisition of additional 25% shareholding in Mozal Aluminium, from Mitsubishi’s MCA Metals, has been delayed. The company last year exercised its pre-emptive rights over the additional shareholding, matching a headline purchase... 

Africa has prime opportunity to provide commodities usually supplied by Russia

By: Marleny Arnoldi     29th March 2022 As Western Europe accelerates a structural transition away from Russian energy dependence, Africa will play a salient role in filling this void, says Oxford Economics Africa (OEA). During a webinar on March 29, the research company unpacked how a more pressing shift towards renewable energy and a... 

Rusal can't access alumina from Australia JV as pressure builds

By: Bloomberg     29th March 2022 United Co. Rusal International can’t access its share of alumina from an Australian joint venture, adding to growing pressure on the Russian aluminum giant to find the raw materials it needs to feed its plants. While Australia banned exports of alumina and related products to Russia a week ago,... 

WA miners contributed A$100bn to Australian economy - CME

By: Esmarie Iannucci     28th March 2022 Data released by the Chamber of Minerals and Energy for Western Australia (CME) has shown that the mining and resources sector had contributed some A$100-billion to the Australian economy. The CME said on Monday that an analysis of 56 Western Australian resources sector companies has found the... 

China faces challenges supplying Russia with alumina - analysts

By: Reuters     24th March 2022 Russia might look to its giant neighbour to replace Australian alumina supplies cut off by sanctions, but Chinese aluminium smelters need all the feedstock they can get and may be worried about secondary sanctions from the West, industry analysts say. Australia on Sunday imposed an immediate ban... 

Parliaments must act swiftly to reduce climate change – Mapisa-Nqakula  

By: Martin Creamer     22nd March 2022 National Assembly speaker Nosiviwe Mapisa-Nqakula on Monday urged heads of the world's Parliaments gathering at the 144th plenary assembly of the Inter-Parliamentary Union to undertake all necessary efforts to deal with climate change through oversight and the constitutional powers of the... 

South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula
South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula

Now’s the time for full energy freedom, says green hydrogen stalwart Andrew Forrest 

By: Martin Creamer     17th March 2022 Let’s give energy sovereignty to the world. Renewable energy is everywhere. Every country can produce it. Now is the time to capture it, and have full energy freedom, enthused Fortescue Metals Group nonexecutive chairperson Andrew Forrest, while being interviewed by CNN anchor Christiane... 

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Photo by Creamer Media
Fortescue Metals Group nonexecutive chairperson Andrew Forrest (right), being interviewed by CNN anchor Christiane Amanpour.

Markets must adapt to lack of Russian, Ukrainian commodities, Glencore says

By: Reuters     16th March 2022 Global commodity markets will need to adapt to a lack of supply from Russia and Ukraine, global miner and commodities trader Glencore said in its annual report on Wednesday. "Over time, global commodity trade flows will need to adapt to some or all of Russian/Ukrainian supply being unavailable,... 

Rusal diverts ore to Ireland after Ukraine plant shuttered

By: Reuters     16th March 2022 Russian aluminium giant Rusal is diverting bauxite cargoes from Guinea to its refinery in Ireland after the original destination in Ukraine shut down because of the Russian invasion, shipping data shows. The logistics rethink for the world's second-largest aluminium producer, which is not under... 

Equivalent of a Koeberg arising in solar projects – AmaranthCX  

By: Martin Creamer     14th March 2022 The equivalent of a Koeberg power station is arising in the form of new largely mine-linked private-sector solar power photovoltaic projects across Southern Africa, according to AmaranthCX director and founder Paul Miller, whose company is working on the second edition of its electronic map of... 

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AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hillside Aluminium calls for refractory service providers for carbon, reduction departments and casthouse services 

By: Schalk Burger     10th March 2022 The Hillside Aluminium smelter, in Richards Bay, KwaZulu-Natal, has called for expressions of interest from refractory services companies to render furnace repairs and maintenance, ladle and launder relining and repairs, as well as pot relining and cathode sealing services for its reduction and... 

An aerial view of Hillside Aluminium's Richards Bay operations

Investors flee as aluminium, others spiral lower after nickel suspension

By: Reuters     10th March 2022 Base metals slumped on Wednesday, including aluminium despite continued worries about Russian supply, as cautious investors slashed positions in the wake of a halt in trading of skyrocketing nickel. Many metals saw losses of over 5% while tin tumbled nearly 20%. Traders had been warning in... 

Aluminium Dunkerque signs deal to buy alumina feedstock from Glencore

By: Reuters     9th March 2022 French smelter Aluminium Dunkerque has signed a deal to source feedstock alumina from commodity trader Glencore, broadening its supply chain after previously buying only from Trafigura. The smelting firm has also signed a new deal to sell aluminium to Glencore, already a customer for its metal.... 

Carmakers face soaring metal costs with Russian supplies at risk

By: Reuters     8th March 2022 Saving up for a new ride? Better start putting more cash aside. Russia's invasion of Ukraine is ramping up the price of metals used in cars, from aluminium in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries, and drivers are likely to the... 

EN+ reviews options for aluminium producer Rusal

By: Reuters     7th March 2022  Russian hydropower group EN+ is reviewing options for aluminium giant Rusal, in which it is majority shareholder, including turning its international business into a separate entity. Western governments are tightening sanctions on Moscow for its invasion of Ukraine, triggering a disposal of... 

Copper soars to record as metals surge on Russia supply fears

By: Bloomberg     7th March 2022 Metals are breaking new records with copper spiking to an all-time high and nickel surging more than 16%, as soaring energy prices and fears of supply shocks rattled commodities markets amid war in Ukraine. The White House said it’s talking to allies about a possible oil embargo on Russia,... 

An image of copper and nickel production

Transnet bottlenecks to hamper South Africa's export opportunities amid Russia sanctions  

By: Darren Parker     4th March 2022 The bottlenecks in South Africa’s export corridors – caused in large part by State-owned logistics company Transnet’s inability to provide sufficient capacity – will likely undermine any opportunities that could arise from commodity supply shortages and higher prices as more sanctions are... 

A Transnet train

Decarbonisation standing out as key metals/mining value driver – Wood Mackenzie  

By: Martin Creamer     4th March 2022 As pressure mounts for the world to align meaningfully with the 1.5 °C global temperature rise scenario, decarbonisation is standing out as a key driver of metals and mining value. “This has strengthened our view that the mining industry now has a clear pathway towards long-term transformative... 

Creamer Media screenshot taken during webinar.
Wood Mackenzie future facing mined commodities forum covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Coal leading Australian resource exports - ABS

By: Esmarie Iannucci     4th March 2022 The latest trade data from the Australian Bureau of Statistics (ABS) has shown that coal continued to lead the surge in Australia’s export earnings for January. The ABS’ International Trade in Goods and Services data for January 2022 shows total resources and energy exports were worth... 

Image shows a coal loader at port

Metals extend scorching rally with zinc eyeing $4 000/t

By: Bloomberg     3rd March 2022 Zinc reached its highest since 2007 and other industrial metals extended a powerful rally fueled by trade turmoil and rising energy costs amid Russia’s increasing economic isolation. The metal used to coat and protect steel rose as much as 3.6% on the London Metal Exchange to reach $3 999/t,... 

An image of zinc flakes

Alcoa halts business with Russia as Ukraine invasion advances

By: Bloomberg     3rd March 2022 Alcoa, the largest US aluminum producer, said it will stop selling products to Russian companies and halt raw-material purchases from the country in response to the invasion of Ukraine. The decision makes Alcoa one of the world’s first major aluminum makers to shun Russia. Although the war on... 

ESG slowing down as energy transition highlights mining as indispensable – RMF  

By: Martin Creamer     2nd March 2022 The energy transition is highlighting mining as an indispensable industry, said Responsible Mining Foundation (RMF) CEO Hélène Piaget in opening a webinar on 'Responsible Mining Index (RMI) Report 2022', which reports a slowdown in economic, environmental, social and governance (ESG). “Yet there... 

Creamer Media screenshot.
Responsible Mining Foundation report covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Aluminium streaks to record on fears logistics issues will hit supply

By: Reuters     2nd March 2022 Aluminium prices bolted to a fresh record peak on Wednesday as investors worried that logistics difficulties would block metals supplies due to tough sanctions on major producer Russia. Three-month aluminium on the London Metal Exchange surged to a record of $3 552/t before paring gains to trade... 

Aluminium streaks to record on fears logistics issues will hit supply

Aluminum rallies as Rusal halts shipments at key Ukrainian plant

By: Bloomberg     1st March 2022 Aluminum prices jumped in London after United Co. Rusal International said it halted shipments at an alumina refinery in Ukraine that’s a key source of raw material for its smelters in Russia. The shutdown is the latest sign of supply turmoil in aluminum and broader metals markets in the wake of... 

Aluminum rallies as Rusal halts shipments at key Ukrainian plant

Aluminium rockets to record high on fears of disruptions to Russian supplies

By: Reuters     24th February 2022 Aluminium prices rallied to a record high on Thursday as Moscow's invasion of Ukraine sparked fears of sanctions that could cut supplies from major producer Russia and disrupt energy supplies needed to produce the metal. Moscow launched an all-out invasion of Ukraine by land, air and sea on... 

An image of an aluminium ingot.

Rio Tinto posts bumper year

By: Esmarie Iannucci     23rd February 2022 Diversified giant Rio Tinto has reported record results for the 2021 financial year, with a 116% surge in aftertax profit. "Our people have continued to safely run our world-class assets and are working hard to improve our operational performance, despite challenging operating conditions from... 

Biden announces investments to shore up key critical mineral supplies

By: Mariaan Webb     23rd February 2022 US President Joe Biden on Tuesday announced several investments in the domestic production of key critical minerals and materials, as the country moves to break its dependence on China and secure a ‘Made in America’ supply chain. In a White House statement, Biden announced that MP Materials had... 

An image of the White House
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