Aluminum Mining News

South32 looking for more coking coal mines

The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.

Rio Tinto sells Scottish aluminum assets for $410 million

With this deal, Rio has now agreed to more than $1.3bn in divestments this year.

Forget gold price. The real Trump rally is in copper

Industrial metals surge as US president elect vows massive infrastructure spending – budget could top $500 billion.

South32 scoops up Peabody's Metropolitan coal mine in $200m deal

The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.

BHP Billiton jumps on the electric car bandwagon

The world’s largest miner sees electric vehicles boosting copper demand.

CHART: Despite unnerving gold price fall, mining rally's intact

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.

EPA adds Colorado gold mine to new Superfund pollution sites

Move comes thirteen months after an EPA crew mistake caused millions of gallons of bright orange wastewater to taint rivers in Colorado, New Mexico and Utah.

South32 posts $1.6bn loss but pays maiden dividend

The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.

Moody’s has just called the bottom of the commodities rout

The worst is over, at least for base metals, says Moody's, but warns that challenging industry conditions should continue through to at least 2018.

Australia cashes in on bauxite boom, fuelled by Chinese demand

Bauxite miners ride the wave as China steps up aluminum production.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

Iran says in talks with Rio, Glencore about copper projects

Iran's national development plan targets production of 2 million tonnes of copper per year by 2025.

CHARTS: Brutal May for metals and miners

A sharp reversal in metals and minerals prices during May see top mining companies shed billions in market value.

Sprott monthly market update with Rick Rule: Cobalt bubble coming; Kaminak & The Yukon; streaming & royalties

In the current bull market, with more equity available, streaming and royalty companies continue to provide much needed revenue in the base metals and industrial materials sectors.

CHARTS: The May mining and metals meltdown

Seven trading days in and already global mining investors are nursing double digit declines as everything from copper to met coal to silver take a beating.

Apple got $40 million in gold from recycled iPhones last year

Thanks to its innovative program that uses robots to recover the valuable parts from the millions of Apple devices discarded every year.

Malaysia extends bauxite mining ban until July to fight pollution

The issuing of export permits, however, will resume as soon as existing stockpiles shrink.

INFOGRAPHIC: The extraordinary metals in an iPhone 6s

Today, we open up one of the world's most popular mobile handsets - the iPhone - to see what metals and materials make it all possible!

South32 looking for assets despite $1.75bn loss, massive layoffs

Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.

South32 in talks with Anglo American to buy manganese unit

The spin-out from BHP Billiton says it is willing to take on the manganese ore venture if the price is right.

EPA says Colorado mine spill dumped 880,000 pounds of metals into river

The report didn’t identify the metals but said researchers were looking at cadmium, copper, lead, mercury, nickel and zinc.

India mulls key investment to set iron ore plants in Iran

According to official figures, Iran has now more than $10 billion of investment pledges under its belt.

Current mining downturn not a ‘normal’ one — Moody’s

The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.

Calcined bauxite poised for proppants recovery

Demand for calcined bauxite in production of ceramic proppants is expected to grow by more than 5%py out to 2021 as North America and China target greater exploitation of unconventional oil and gas reservoirs, according to Roskill's new Non-Metallurgical Bauxite & Alumina report.