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Put sanctions on Russian-origin aluminium not on Rusal, industry group says
18th March 2024 By: Reuters

ndustry group European Aluminium wants the European Union to impose sanctions on aluminium supplied from Russia but not EU-based companies owned by Rusal which produces bauxite and alumina outside... 


Rusal's profit slumps on subdued prices despite higher sales
15th March 2024 By: Reuters

Russia's Rusal boosted physical aluminium sales last year thanks to Asian markets, but low prices caused its net profit to slide 84%, the world's largest aluminium producer outside China said on... 


MetaleN image
MetaleN
15th March 2024

Local manufacturer Metalen produces heat exchanger tubes in various alloy inner tubes with copper or aluminium fins in lengths of up to 15 m. An ISO9001 certification ensures controlled processes... 


Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
12th March 2024 By: Reuters

Australia's Alumina said on Tuesday it has agreed to be acquired by US aluminium producer Alcoa for a $2.2-billion all-stock buyout offer. The terms of the deal are consistent with Alcoa's offer... 


Precision investment castings
New owners of precision casting company drive technology, skills investment
8th March 2024 By: Marleny Arnoldi

Following a takeover of Rely Precision Castings by a new group of shareholders, the company is undergoing a renewed market expansion drive with investment into technology, and development of a... 


The new IBL 3000 dry ice blasting machine sold by Dry Ice Blasting Solutions
Dry ice blaster popular in cleaning applications
8th March 2024 By: Halima Frost

With more than 30 units of the Intelblast (IBL) 3000 having been sold to foundries, forges and die-casting companies across South Africa, blasting machine manufacturer Dry Ice Blasting Services... 


Tsodilo withdraws contempt motion as Botswana Minister complies
6th March 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has withdrawn its contempt motion, which sought to hold Botswana Minerals and Energy Minister Lefoko Moagi to... 


An image of galvanised steel sheets
Customs increase aims to level out steel products field
1st March 2024 By: Nadine Ramdass

Industry association Southern Africa Coil Coaters Association (SACCA) has applied for an increase in the general rate of customs duty on certain coated or plated flat-rolled steel. The proposed... 


Alcoa aims to take out Australian partner Alumina in $2.2bn deal
Alcoa aims to take out Australian partner Alumina in $2.2bn deal
26th February 2024 By: Reuters

US aluminium producer Alcoa on Monday made a non-binding, conditional buyout proposal for its Australian joint venture partner Alumina, valuing the company at $2.2-billion in an all-stock offer.... 


Photo of Terence Creamer
Crunch time
23rd February 2024 By: Terence Creamer

The consequences of policy failure in electricity are so obvious there is no need to ventilate them again. Not so for gas, however, given that they are only visible to those manufacturers that have... 


The deal is a major step in the work to repower the Gladstone production assets, including the Boyne aluminium smelter (pictured), Yarwun alumina refinery and Queensland Alumina refinery.
New deal makes Rio Tinto Australia’s biggest renewable energy buyer
21st February 2024 By: Creamer Media Reporter

Mining group Rio Tinto has signed Australia’s biggest renewable energy power purchase agreement (PPA) to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity... 


Tsodilo confirms subsidiary can proceed with PEA in Botswana following litigation
20th February 2024 By: Marleny Arnoldi

TSX-V-listed Tsodilo Resources has confirmed that its subsidiary Gcwihaba Resources can proceed with concluding a preliminary economic assessment (PEA) on a prospecting licence, in Botswana,... 


Rusal to add Abramovich to lawsuit against Potanin over nickel miner pact
19th February 2024 By: Reuters

Aluminium giant Rusal obtained permission by a London court on Friday to add Russian billionaire Roman Abramovich and his firm Crispian Investments as defendants in the case against Vladimir... 


South32 CEO Graham Kerr.
Crucial decarbonisation investigation into Hillside Aluminium is continuing intensely
16th February 2024 By: Martin Creamer

Solutions to support decarbonisation, while ensuring operational competitiveness into the future, are continuing to be intensely investigated at South Africa's large Hillside Aluminium operation in... 


Aerial viw of the Simandou project
Simandou iron-ore project, Guinea – update
9th February 2024 By: Sheila Barradas

Guinea’s National Transition Council has approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and government. 


Vedanta focused on becoming ESG leader
Vedanta focused on becoming ESG leader
7th February 2024

Good governance and sustainable development are at the core of diversified global natural resources and technology conglomerate Vedanta Group's strategy, with a strong focus on health, safety and... 


A conveyor at the QAL refinery
Russia's Rusal loses suit against Rio Tinto over alumina refinery, can appeal
2nd February 2024 By: Reuters

Russian aluminium producer Rusal has lost a lawsuit against global miner Rio Tinto that sought to win back access to its 20% share of the alumina produced at a jointly owned refiner in Queensland,... 


Image of iron-ore stockpile
Simandou iron-ore project, Guinea – update
2nd February 2024 By: Sheila Barradas

China Baowu Steel Group has raised more than $1-billion from a bond issue, in part for the giant Simandou iron-ore project. 


China Baowu raises $1.4bn via bond, mostly for Simandou iron-ore project
30th January 2024 By: Reuters

The world's largest steelmaker China Baowu Steel Group has raised ten-billion yuan ($1.4-billion) from a bond issue, in part for the giant Simandou iron-ore project in Guinea, it said on Monday.... 


Trader IXM will shrink aluminium unit to focus on core business
30th January 2024 By: Bloomberg

IXM, the trading house owned by Chinese miner CMOC Group, is stepping back from the aluminum market to focus on its core business. The trading house, the third-largest metals trader behind... 


Aerial view of Richards Bay Coal Terminal.
Decline in coal line security incidents is improving performance – Transnet
29th January 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve... 


Vedanta Base Metals setting up for sustainable positive disruption across nations
Vedanta Base Metals setting up for sustainable positive disruption across nations
26th January 2024

The innovative and forward-looking Indian multinational group, Vedanta Limited, continuously strives to unlock value and create positive disruption in its journey to Transform For Good through... 


Iron-ore drill core
Tsodilo applies to have Botswana Minerals and Energy Minister held in contempt of court
24th January 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has filed an interlocutory application in the Botswana High Court, calling on Minerals and Energy Minister Lefoko... 


1.1 GW solar farm to power Rio Tinto’s Gladstone aluminium operations
1.1 GW solar farm to power Rio Tinto’s Gladstone aluminium operations
24th January 2024 By: Mariaan Webb

Miner Rio Tinto is set to lead the development of Australia’s biggest solar power project, near Gladstone. The company has committed to buying all electricity generated the 1.1 GW Upper Calliope... 


South32 CEO Graham Kerr
Strong showing by South Africa’s Hillside helps to lift South32 to record aluminium output
22nd January 2024 By: Martin Creamer

Ongoing strong performance by South Africa’s Hillside Aluminium operation in KwaZulu-Natal has helped diversified mining company South32 achieve record half-year aluminium production. Moreover,... 


The Illawarra metallurgical coal mine in Australia
South32 coal production falls sharply
22nd January 2024 By: Mariaan Webb

Diversified mining company South32 on Monday reported a sharp drop in coal production, with metallurgical coal output slumping by 50% in the December quarter. The Illawarra mine, in Australia,... 


POTENTIAL REBOUND
Recent price increases suggest a potential rebound for copper in the macroeconomic environment
Base metals navigating macroeconomic uncertainties
19th January 2024

With market dynamics presenting a mixed bag of challenges and potential opportunities, base metal nickel, specifically, has experienced notably low prices, averaging at $18 255/t in October 2023,... 


Most cobalt producers loss-making after 2023 price slump - ERG
Most cobalt producers loss-making after 2023 price slump - ERG
16th January 2024 By: Reuters

Most cobalt producers are likely to be losing money on every ton of cobalt they produce after a price slump last year, Benedikt Sobotka, CEO at metals miner Eurasian Resources Group (ERG), said on... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
16th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


ERG CEO Benedikt Sobotka
ERG guns for cobalt refinery development in Saudi Arabia
12th January 2024 By: Darren Parker

Diversified mining company Eurasian Resources Group (ERG) is pursuing the development of a refinery to process cobalt hydroxide into cobalt sulphates, the primary form of supply for cobalt-bearing... 


JSE business development manager Patrycja Kula-Verster
JSE presents opportunity for critical mineral miners to access capital
12th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 


SSR appoints Malchuck to board
9th January 2024 By: Marleny Arnoldi

TSX- and ASX-listed SSR Mining has appointed Daniel Malchuck to its board effective January 8. He will also serve on the board’s technical, safety and sustainability committee.  


Administrators suspend Savannah nickel operations, 140 redundancies
Administrators suspend Savannah nickel operations, 140 redundancies
9th January 2024 By: Mariaan Webb

The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia, affecting 140 workers who will be made redundant over the... 


EU adopts 12th package of sanctions against Russia
18th December 2023 By: Reuters

The European Union (EU) Council has adopted a twelfth package of sanctions against Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the... 


The EU flag
EU sets critical mineral goals, but faces struggle to hit them
18th December 2023 By: Reuters

The European Union (EU) has set targets to dig up, recycle and refine lithium, cobalt and other metals it needs for its green transition, but a shortage of new money, crippling energy costs and... 


UK to implement carbon levy on imported goods by 2027
18th December 2023 By: Reuters

Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies, the government... 


Botswana High Court orders Minister to renew Tsodilo subsidiary's prospecting licence
18th December 2023 By: Creamer Media Reporter

The High Court of Botswana has ordered the Minister of Minerals and Energy to renew Gcwihaba Resources' one prospecting licence and to align the effective dates of contiguous licences with that of... 


Minister for Resources Madeleine King
Australia expands list of critical minerals key to transition
17th December 2023 By: Bloomberg

Australia expanded its list of critical minerals deemed crucial to its energy transition and national security needs as the country boosts the strategically and economically important sector. The... 


Economics for Spain refinery and smelter continue to worsen, says Alcoa
12th December 2023 By: Mariaan Webb

US-based Alcoa will be meeting with representatives of the national and regional authorities in Spain this week to discuss financial losses at the San Ciprian complex, which consists of an alumina... 


Rio Tinto says it is optimistic about China's growth - state media
Rio Tinto says it is optimistic about China's growth - state media
12th December 2023 By: Reuters

Global miner Rio Tinto is optimistic about China's economic growth potential and will stick to its long-term strategy there, its chairman, Dominic Barton, said after a rare meeting on Tuesday with... 


EU carbon tax could cost Africa $25bn, AfDB chief says
7th December 2023 By: Bloomberg

Africa could lose as much as $25-billion annually due to the European Union’s new carbon border tax, hurting the continent’s trade by penalizing valued-added exports such as iron and fertilizers,... 


Simandou stands out as the world’s biggest untapped high-grade iron-ore deposit, and if approved, promises to be the most extensive greenfield integrated mine and infrastructure investment across the African continent.
Rio Tinto investing $10bn/y in capex, spotlight on Simandou
6th December 2023 By: Mariaan Webb

Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its... 


Rio Tinto brings forward Simandou iron-ore production to 2025
Rio Tinto brings forward Simandou iron-ore production to 2025
6th December 2023 By: Reuters

Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail... 


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