November 29, 2013

Rio Tinto closing alumina refinery in Australia, 1,100 jobs to be lost

The Gove refinery has been struggling for a while, due mainly to low prices.

November 28, 2013

Aluminum prices follow gold’s steps, down to four-year low

Market struggling with oversupply.

November 25, 2013

Guinea strikes $5bn mine deal with Abu Dhabi, Dubai

Deal includes developing a bauxite mine and alumina refinery in the west African country.

November 5, 2013

Newly developed aluminum alloy stores hydrogen for fuel cells

Aluminum-based alloy hydrides are light weight, non-toxic to plants and animals, and contain no volatile gas products, except hydrogen.

October 30, 2013

Aluminum giant Alcoa struggles with power for its three smelters in Canada

About 3,300 people would lose their jobs.

October 25, 2013

Rio sells stake in Clermont coal to Glencore for $1bn

The mining giant is selling its 50.1% stake in Clermont coal mine to a company jointly owned by Glencore Xstrata and Sumitomo Corporation.

October 18, 2013

China to become world’s main consumer of base metals by 2017— report

Wood Mackenzie also predicts the global base metals market will grow from 96Mt in 2013 to 122 Mt by the end of 2018.

October 4, 2013

Done deal: Rio sells mothballed Blair Athol coal mine to Linc Energy

Acquisition comes a day after Linc said it wants to get de-listed from the Australian market to re-list it in Singapore, in hopes of luring Asian investors.

October 2, 2013

Rio Tinto to sell closed Blair Athol coal mine

Talks with Linc Energy Ltd are said to be at an advanced stage and an agreement may be announced as soon as tomorrow.

September 18, 2013

Rio and Chalco abandon bid for $20bn bauxite deposit in Australia

The move surprised investors, especially since Chalco had previously held the lease and was willing to develop the resource.