Global Alumina Corporation announced that its board of directors will meet within this week to approve the establishment of a joint venture among an affiliate of BHP Billiton, Dubai Aluminium Company Limited (”DUBAL”), Mubadala Development Company PJSC (”Mubadala”) and the Company to develop and operate the Company’s alumina refinery project in the Republic of Guinea. [...]
Oxbow Carbon & Minerals Holdings, Inc. (Oxbow) announced that it has informed the Board of Trustees of Great Lakes Carbon Income Fund (the Fund) (TSX:GLC.UN - News) that it has modified its offer to purchase all assets of the Fund to increase the effective cash price per unit of the Fund from C$13.00 to C$13.50. [...]
Alcan has been named the industry champion for metals on Fortune Magazine’s “World’s Most Admired Companies” list in 2007, and was also ranked the top company in Canada. The Company ranked second out of the more than 1,000 largest global companies surveyed for its efforts in the community and the environment, and sixth for its [...]
Alcoa announced that its operations in Alcoa, Tenn., and Western Australia are featured in a new aluminum can documentary that is airing on the National Geographic Channel. “Man-Made: The Can” is a one-hour special that highlights all aspects of the aluminum can, including the aluminum manufacturing process, can sheet production, aluminum’s history and aluminum [...]
The Aluminum Corp. of China said Monday it expects to sign a final agreement on a US$2.2 billion bauxite mine and alumina refinery project in northeastern Australia’s Queensland by the end of March.
The company, the world’s second-biggest aluminum producer after U.S.-based Alcoa Inc., already had acquired “preferred developer” status for the Aurukun bauxite deposit.
Plans call [...]
Global Alumina Corporation announced that the Company has been informed that the proposed joint venture with an affiliate of BHP Billiton, Dubai Aluminium Company Limited (”DUBAL”) and Mubadala Development Company PJSC (”Mubadala”) to develop and operate the Company’s alumina refinery project in the Republic of Guinea has received board approvals from two joint venture partners, [...]
Baosteel Group, China’s largest steelmaker, and a rival, Wuhan Iron & Steel Group, are seeking to invest in iron ore projects in Australia to secure supplies to meet rising demand.
“We are looking closely at potential iron ore projects,” Zhang Yong, Baosteel’s Australian investment manager, said in an interview before a mining conference that started Tuesday [...]
Base metals prices paused on Friday as the market took stock after the recent rally, but analysts said copper prices were likely to forge higher on stronger Chinese demand.
However, traders said a Lunar New Year holiday in China next week and the Presidents’ Day holiday in the United States on Monday could curb activity and [...]
Martial law in Guinea has forced the world’s biggest bauxite exporter, Compagnie des Bauxites de Guinee (CBG), to halt mining activities and deliveries of ore to the Kamsar port, company officials said on Wednesday.
Guinea, which holds a third of the world’s bauxite reserves, has been gripped by a wave of violent protests against President Lansana [...]
The Andhra Pradesh government Wednesday signed a memorandum of understanding (MoU) with the government of Ras Al Khaimah, assuring supply of bauxite for a proposed alumina plant in Visakhapatnam district.
The MoU was signed by Y. Srilakshmi, secretary, the Industries and Commerce Department, and Sheikh Saud Bin Saqr Al Qasimi, the crown prince and deputy ruler [...]
