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Aluminium News

Aluminum spikes as White House plans fresh sanctions on Russia

By: Bloomberg     21st February 2024 Aluminum surged on speculation that a fresh wave of US sanctions against Russia may target the metal, potentially disrupting supplies. US President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday, although he wasn’t specific about which industries would... 

Crucial decarbonisation investigation into Hillside Aluminium is continuing intensely 

By: Martin Creamer     16th February 2024 Solutions to support decarbonisation, while ensuring operational competitiveness into the future, are continuing to be intensely investigated at South Africa's large Hillside Aluminium operation in KwaZulu-Natal, South32 CEO Graham Kerr assured Mining Weekly in an interview on Thursday, following... 

South32 CEO Graham Kerr.
South32 CEO Graham Kerr.

Power aggregators seen as key accelerators of South African mining’s energy transition  

By: Martin Creamer     13th February 2024 Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining industry. “We think the aggregator model can really accelerate the requirements of the mines to get... 

Nedbank CIB) Energy Finance Co-Head Amith Singh.
Nedbank CIB Energy Finance Co-Head Amith Singh interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer 

By: Martin Creamer     9th February 2024 Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council has a robust fall-of-ground action plan that targets several dimensions of the biggest contributor... 

Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).

Vedanta focused on becoming ESG leader 

7th February 2024 Good governance and sustainable development are at the core of diversified global natural resources and technology conglomerate Vedanta Group's strategy, with a strong focus on health, safety and environment, and on enhancing the lives of local communities. The group is focused on becoming the... 

Vedanta focused on becoming ESG leader

Noise-induced hearing loss now highest priority mining health condition, Indaba hears 

By: Martin Creamer     6th February 2024 Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because the other diseases have gone down markedly whereas noise-induced hearing loss has not gone down as... 

From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.

South Africa’s mining industry now 39% black-owned, Mining Indaba hears 

By: Martin Creamer     5th February 2024 In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt nearly 20 times higher to approximately 39%, South Africa President Cyril Ramaphosa highlighted in... 

President Cyril Ramaphosa at the Mining Indaba.
President Cyril Ramaphosa at the Mining Indaba.

Russia's Rusal loses suit against Rio Tinto over alumina refinery, can appeal

By: Reuters     2nd February 2024 Russian aluminium producer Rusal has lost a lawsuit against global miner Rio Tinto that sought to win back access to its 20% share of the alumina produced at a jointly owned refiner in Queensland, a Australian Federal Court filing showed on Friday. Australia responded to Russia's 2022 invasion of... 

A conveyor at the QAL refinery

Mozambique seeks to end 50-year hydropower pact with South Africa

By: Bloomberg     2nd February 2024 Mozambique plans to end half a century of hydropower supply to South Africa’s State-owned electricity utility, raising risks for the continent’s most industrialized economy and threatening the viability of Africa’s second-biggest aluminum smelter. In the country’s yet-to-be published energy... 

The Cahora Bassa hydropower plant
The Cahora Bassa hydropower plant

Trader IXM will shrink aluminium unit to focus on core business

By: Bloomberg     30th January 2024 IXM, the trading house owned by Chinese miner CMOC Group, is stepping back from the aluminum market to focus on its core business. The trading house, the third-largest metals trader behind Trafigura Group and Glencore, “has decided to proactively downsize its aluminum business in 2024,” a... 

Decline in coal line security incidents is improving performance – Transnet 

By: Martin Creamer     29th January 2024 Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve performance, acting Transnet Freight Rail CE Russell Baatjies emphasised to Mining Weekly during... 

Aerial view of Richards Bay Coal Terminal.
Aerial view of Richards Bay Coal Terminal.

Anglo launches battery raw materials research project with large China recycler 

By: Martin Creamer     26th January 2024 South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and battery material recyclers. The purpose of the project with Shenzhen-based GEM is to explore new... 

GEM and Anglo teams at signing ceremony.
GEM and Anglo teams at signing ceremony.

1.1 GW solar farm to power Rio Tinto’s Gladstone aluminium operations

By: Mariaan Webb     24th January 2024 Miner Rio Tinto is set to lead the development of Australia’s biggest solar power project, near Gladstone. The company has committed to buying all electricity generated the 1.1 GW Upper Calliope solar farm to power its Queensland aluminium operations. This move aligns with Rio Tinto’s climate... 

1.1 GW solar farm to power Rio Tinto’s Gladstone aluminium operations

Strong showing by South Africa’s Hillside helps to lift South32 to record aluminium output 

By: Martin Creamer     22nd January 2024 Ongoing strong performance by South Africa’s Hillside Aluminium operation in KwaZulu-Natal has helped diversified mining company South32 achieve record half-year aluminium production. Moreover, South Africa Manganese sales increased by 9% in the December quarter at a 5% price premium to the... 

South32 CEO Graham Kerr
South32 CEO Graham Kerr

Base metals navigating macroeconomic uncertainties

19th January 2024 With market dynamics presenting a mixed bag of challenges and potential opportunities, base metal nickel, specifically, has experienced notably low prices, averaging at $18 255/t in October 2023, which cross-commodity price reporting agency Fastmarkets says “prompts a cautious re-evaluation of... 

POTENTIAL REBOUND
Recent price increases suggest a potential rebound for copper in the macroeconomic environment
POTENTIAL REBOUND Recent price increases suggest a potential rebound for copper in the macroeconomic environment

Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister 

By: Martin Creamer     18th January 2024 The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview with Radio 702 host Clement Manyathela on Thursday. Mantashe disclosed to Manyathela that agreement had... 

Gwede Mantashe
Photo by Creamer Media Chief Photographer Donna Slater
Gwede Mantashe

Alcoa threatens to shutter Spain complex amid mounting losses

By: Bloomberg     18th January 2024 Alcoa's CEO said mounting losses at the company’s Spain production complex leave few options other than to shutter the operation. William Oplinger said in a call with analysts Wednesday the San Ciprian complex, which is running at 50% capacity for alumina production and has a fully curtailed... 

Global mining commits to nature-positive future 

By: Martin Creamer     18th January 2024 Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species, ecosystems and natural processes. International Council of Metals and Minerals (ICMM) members have pledged... 

ICMM CEO Rohitesh Dhawan
ICMM CEO Rohitesh Dhawan

South Africa-linked mining luminaries advising on metals industry greening 

By: Martin Creamer     17th January 2024 South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive smelters, toxic chemicals and strong acids. 

Ian Cockerill, Mark Cutifani and Tony O'Neill
Photo by Creamer Media
Ian Cockerill, Mark Cutifani and Tony O'Neill

Smart wristwatches to uplift mineworker well-being at Copper 360  

By: Martin Creamer     16th January 2024 Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper mining company, which is developing the Rietberg copper mine, the first of a dozen copper mining assets... 

Copper 360 CEO Jan Nelson
Copper 360 CEO Jan Nelson interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Rio Tinto sees gradual recovery in China’s economy in 2024

By: Mariaan Webb     16th January 2024 Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to commodity prices. Increased Chinese policy measures, reduced global recession anxieties and a general... 

CEO Jakob Stausholm
CEO Jakob Stausholm

JSE presents opportunity for critical mineral miners to access capital  

By: Martin Creamer     12th January 2024 Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies raising capital on the Johannesburg Stock Exchange (JSE) to fund their entry into the critical minerals... 

JSE business development manager Patrycja Kula-Verster
JSE Business Development Manager Patrycja Kula-Verster interviewed by Engineering News & Mining Weekly.

Alcoa to mothball Western Australia alumina refinery, up to 1 050 staff at risk

By: Reuters     9th January 2024 US aluminum producer Alcoa said on Tuesday it planned to stop production in 2024 at its loss-making Kwinana Alumina Refinery in Western Australia because of challenging market conditions and the facility's age. Production at the facility which first started in 1963 will cease in the third... 

Alcoa to mothball Western Australia alumina refinery, up to 1 050 staff at risk

EU sets critical mineral goals, but faces struggle to hit them

By: Reuters     18th December 2023 The European Union (EU) has set targets to dig up, recycle and refine lithium, cobalt and other metals it needs for its green transition, but a shortage of new money, crippling energy costs and local opposition could put them beyond reach. The bloc will likely need to find ways to trim demand,... 

The EU flag

Australia expands list of critical minerals key to transition

By: Bloomberg     17th December 2023 Australia expanded its list of critical minerals deemed crucial to its energy transition and national security needs as the country boosts the strategically and economically important sector. The government added fluorine, molybdenum, arsenic, selenium and tellurium to the list of minerals that... 

Minister for Resources Madeleine King
Photo by Bloomberg
Minister for Resources Madeleine King

Mining urged to embrace international council’s new Scope 3 emissions guidance 

By: Martin Creamer     13th December 2023 All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday. The guidance is a tool to assist mining companies in their engagement with the financial sector,... 

ICMM CEO Rohitesh Dhawan.
ICMM CEO Rohitesh Dhawan.

Economics for Spain refinery and smelter continue to worsen, says Alcoa

By: Mariaan Webb     12th December 2023 US-based Alcoa will be meeting with representatives of the national and regional authorities in Spain this week to discuss financial losses at the San Ciprian complex, which consists of an alumina refinery and an aluminium smelter. Alcoa curtailed operations at the smelter in January last year,... 

EU carbon tax could cost Africa $25bn, AfDB chief says

By: Bloomberg     7th December 2023 Africa could lose as much as $25-billion annually due to the European Union’s new carbon border tax, hurting the continent’s trade by penalizing valued-added exports such as iron and fertilizers, African Development Bank Group president Akinwumi Adesina said. The EU’s carbon border adjustment... 

South Africa’s community engagement ahead of global peers, manganese AGM hears 

By: Martin Creamer     6th December 2023 The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese mine in South Africa’s Northern Cape, has told its shareholders. The controlling shareholder of the... 

Jupiter Mines chairperson Ian Murray
Jupiter Mines chairperson Ian Murray.

$700m investment grows Rio Tinto’s US aluminium business

By: Creamer Media Reporter      5th December 2023 Diversified major Rio Tinto has wrapped up the acquisition of a 50% equity stake in the Matalco business from Giampaolo Group for $700-million. The transaction combines the strengths of North America’s biggest primary and secondary aluminium producers. 

$700m investment grows Rio Tinto’s US aluminium business

Greenfield investment lagging badly, mining’s contribution to economy halved 

By: Martin Creamer     1st December 2023 The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last two decades, Minerals Council South Africa’s latest Facts and Figures 2022 points out. Net fixed... 

Mining's net fixed capital formation, shown in blue, must be boosted.
Mining's net fixed capital formation, shown in blue, must be boosted.

Manganese positioning South Africa for entry into huge new energy markets 

By: Martin Creamer     28th November 2023 Manganese mining company Jupiter Mines has produced a 99.9% pure sample of high purity manganese sulphate monohvdrate (HPMSM) using the Northern Cape’s manganese ore and bringing into service an internally developed hydrometallurgical production process. Inclusion of the battery grade manganese... 

Jupiter MD Brad Rogers with the beneficiated manganese product.
Jupiter MD Brad Rogers with the beneficiated manganese product.

New Utshalo has potential to boost mining IPOs, enliven public markets 

By: Martin Creamer     24th November 2023 South Africa has a pressing need to reawaken its public markets and the new Utshalo must be complimented for setting out to do just that. New mining capital raisings have become too few and far between, liquidity is drying up, and the delisting trend on the Johannesburg Stock Exchange (JSE) must... 

Former Nedbank investment banker Paul Miller.
Former Nedbank investment banker Paul Miller.

Opinion: R47bn of South Africa's exports exposed to EU CBAM as EU climate wave reaches South Africa’s shores

24th November 2023 In this opinion article, sustainability consultant Rhys Newton-Hill and Brundtland Consulting partner Henk Sa provide an in-depth analysis of the potential impact of the European Union's (EU's) Carbon Border Adjustment Mechanism (CBAM) on South Africa's exports and guidance on navigating this... 

The EU flag
Photo by Reuters
The EU flag

African Rainbow Minerals provides R20-million for Wits University research 

By: Martin Creamer     23rd November 2023 Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg. The investment is firmly located within the university’s mining precinct and dovetails with the... 

ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.
ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.

Imperative that exploration plan be implemented as matter of urgency – Khoza

By: Martin Creamer     17th November 2023 If South Africa is not to be left out of the exploration boom, spurred by the immense mineral resources required to develop technologies needed to achieve net zero, it is imperative that the recommendations of South Africa’s Exploration Implementation Plan be implemented in full as a matter of... 

Integrated Geoscience Solutions Technical Director Dr David Khoza.
Integrated Geoscience Solutions Technical Director Dr David Khoza.

Rio Tinto fires former head of aluminium division on info breach

By: Reuters     15th November 2023 Rio Tinto on Wednesday dismissed the former head of its aluminium division Ivan Vella with immediate effect, an email to all employees sent by CEO Jakob Stausholm and seen by Reuters showed. Vella, who has spent two decades at the mining giant, was already due to leave the company in December,... 

Renewables now critical part of metal mining thinking, says Sibanye-Stillwater 

By: Martin Creamer     14th November 2023 Renewables have become a critical part of metal mining thinking, the Sibanye-Stillwater Battery Metals Investor Day 2023 audience heard on Tuesday. “If you look at electricity, renewables are expected to account for between 80% and 90% of global power generation. So, renewables have become a very... 

Sibanye-Stillwater CEO Neal Froneman.
Sibanye-Stillwater Battery Metals Investor Day covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.
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