BHP moves to terminate homicide indictments
The Global Australian has petitioned a Brazilian court in a bid to have the charges dismissed.
The Global Australian has petitioned a Brazilian court in a bid to have the charges dismissed.
We should not forget what the mining boom has given us
A Chinese court has jailed Sun Zhaoxue, the former president of state-owned metals producer Chinalco for 16 years for graft
Just when you thought Rio's African problem couldn't get more interesting, along comes board member, Anne 'Atomic Bomb' Lauvergeon.
OZ Minerals will pursue a bigger development of its Carrapateena mine in South Australia, but lists electricity supply among the "highest threats" to the project.
BHP Billiton has asked most of its Queensland coal workers to accept an unprecedented three year pay freeze.
Alumina Ltd's new joint venture agreement could have the company back on the radar of potential suitors and have investors factoring a takeover premium into the company's shares.
Alumina has emerged the clear victor in the legal fencing forced on it by its once mighty Alcoa.
It has all the ingredients of an updated re-run of the classic cold war classic, The Mouse that Roared.
Alcoa alleged Alumina threatened to "interfere" and "create a cloud" over the US company's planned demerger, a court has been told.
Alcoa's Australian partner, Alumina Ltd, has signed a deal to supply bauxite to customers in China, Europe and Brazil worth more than $350 million.
Rio Tinto's Bell Bay aluminium smelter could face closure if it loses any more supply in Tasmania's electricity crisis.
The man at the helm of Rio Tinto's booming bauxite division has left the company as job cuts continue.
The queue of investors betting on a rebound on coal prices is lengthening, with Indonesia's powerful Salim group committing to acquire the Mt Pleasant coal assets in the NSW Hunter Valley for $US244 million.
Alumina shares rose the most in almost seven years after Citigroup upgraded the stock, citing expectations that global output cuts can drive a price recovery.
Industry funds MTAA Super and Prime Super, advised by Whitehelm Capital, have taken a 49.9 per cent stake in a Western Australia power plant that fuels one of the world's largest alumina refineries, South32's Worsley Alumina.
Rio Tinto is attempting to sell its unwanted Pacific Aluminium division once again amid tentative signs an upturn in the global aluminium market could generate an acceptable sales price for the Anglo-Australian mining giant.
China, the world's largest aluminum producer, may worsen a global glut of the metal as the government scrapped export taxes for some products.
Numerous junior miners are trying to supply China's growing demand for bauxite, but Australian Bauxite looks set to be first into the market
Price slump sees massive gains banked by Alumina shareholders all but disappear.
Alcoa, the largest U.S. aluminum producer, reported first-quarter earnings that beat analysts' expectations.
Klaus Kleinfeld, Alcoa's chief executive, has been attempting, with a series of acquisitions and plant closures, to build up the company's specialised metals and components businesses and improve the competitiveness of its commodity operations.
An Australian bauxite project could be one of the next major spending items announced by Rio Tinto, with Sam Walsh confirming he has fast-tracked studies into the South of Embley project in Queensland.
Rio Tinto expects its South of Embley bauxite project near Weipa in Queensland to deliver returns comparable to its lucrative Pilbara iron ore operations, and is likely to approve its development this year.
With Indonesia banning nickel exports and China toning down investment in aluminium, the fortunes of these previously overlooked metals has turned. And investors are catching on.
Search pagination
Enjoy unlimited access to Australia's best business news and market insights across desktop, tablet and mobile
Already a subscriber? Log in