Alcoa’s aluminium smelter in Victoria will continue operating, for now, despite Alcoa reporting a significant net global loss in 2019, according to the aluminium giant’s earnings call. While the smelter received $200 million in Australian government subsidies as part of a four-year package ending in 2021, Alcoa reported a $1.12 billion net global loss in … Continue reading Alcoa rules out closure of Portland smelter, for now
Queensland Alumina Limited has followed through with the necessity of job cuts at the Barney Point refinery, however it is still unclear how many have gone.
Rio Tinto is re-examining its aluminium divestment strategy, as the market starts to gather strength.
Tag has signed a contract with First Solar to build the solar power plant for Rio Tinto’s Weipa bauxite mine in Queensland.
An internal review has recommended Rio Tinto close down its aluminium refinery in the Northern Territory over the next six to 12 months.
The NT Government has proposed a plan to help save Rio Tinto’s aluminium refinery near Gove, but says the resources giant must work with it on a plan to secure cheap power for the plant.
Rio Tinto and Fortescue Metals Group’s decision to commit to local WA suppliers provided more than $1.8 billion of work to the region.
Rio Tinto has announced a review of its troubled Gove Pacific Aluminium refinery and bauxite mine at Nhulunbuy, 600 km east of Darwin.
The Northern Territory government is creating a taskforce to examine piping gas to Rio Tinto’s troubled Pacific Aluminium refinery, The Australian reports.
The Northern Territory’s town of Nhulunbuy on the Gove Peninsula is preparing for an end to Rio Tinto’s Alcan Gove operation, The Australian reports today.
Rio Tinto’s Pacific Aluminium mine and refinery is cutting costs due to poor performance and a difficult environment, the ABC reports.
BlueScope Steel has announced a $1.04 billion loss for the year to June. This was a slight improvement on its $1.05 deficit from the previous financial year, coming in a period marked by the company’s restructure and a persistently high Australian dollar.
Tasmania’s Bell Bay smelter will buck the current trend of closures after an agreement between Rio Tinto and the government secures it future.