Alcoa is the latest commodity producer that's cutting costs and output to mitigate the fallout from the coronavirus pandemic. The company is the top US producer of aluminum, which is found in...
Alcoa has agreed to offload its 25.1% stake in the Ma'aden JV to the Saudi Arabian Mining Company (Ma'aden) for approximately $1.1bn (SR4.13bn).. The binding share purchase and subscription agreement includes $950m in Ma'aden shares and $150m in …
Ownership positions in seven mines globally, including the Huntly mine in Australia, the world's largest bauxite mine. Strategically located global network near key Atlantic and Pacific markets. Successful, science-based reforestation practices demonstrated in areas such as the Jarrah forest in Western Australia and the Amazon in Brazil.
US alumina and aluminium products producer Alcoa has announced plans to curtail production at the Kwinana Alumina Refinery in Western Australia by 2024. ... Spearmint acquires George Lake South Antimony Project in Canada ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral ...
South African Mining 2024 Outlook: Navigating Challenges and Seizing Opportunities. Lithium Boom: How Ghana's First Lithium Mine Could Transform the Country's... FEC Approves Policy to Regulate Solid Minerals Sector, Combat Illegal Mining. Nigeria's Mining: Prospects, Challenges and Opportunities.
Alcoa said on Tuesday that calcination is the final stage in the alumina refining process and uses fossil fuels, primarily natural gas, to heat alumina hydrate crystals. Electric …
Alcoa declared force majeure at its bauxite mine in the Juruti region on Wednesday as an inaccessible waterway hindered its ability to supply its customers, an Alcoa spokesperson said in an ...
Epiroc's New Concept Mining launched a new HRD production facility in Johannesburg, South Africa. The new plant aims to localize assembly and increase …
Its aluminium business has its roots in the operations it inherited from BHP, with a history of aluminium production dating back several decades in Australia and South Africa. Rusal. Market cap: $18.5bn Country: Russia Rusal is a producer of aluminium and alumina, whose operations cover bauxite mining, alumina refining, and aluminium smelting.
Despite the South African mining industry having recorded two months of decline in production across some sectors such as coal and iron-ore, Mineral and Petroleum Resources Minister Gwede Mantashe ...
Sustainability for the mining companies is a critical requirement for their ongoing operations. Regulations and licenses generally depend on the companies' sustainability practices, forcing them to focus on environmental impact and social welfare. While the mining industry has historically been associated with poor working conditions and their unsustainable practices, …
Alcoa is "very bullish" on aluminium as the energy transition drives demand growth, including substitution away from copper, CEO William Oplinger said on Wednesday.
South African Mining 2024 Outlook: Navigating Challenges and Seizing Opportunities. Lithium Boom: How Ghana's First Lithium Mine Could Transform the Country's... FEC Approves Policy to Regulate Solid Minerals Sector, Combat Illegal Mining. Nigeria's Mining: Prospects, Challenges and Opportunities.
US aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi Arabian mining company Ma'aden for $1.1-billion. The transaction includes ...
US-based aluminium major Alcoa on Friday announced it would permanently close its Fusina primary aluminium smelter, in Venice, Italy, where production had been curtailed since June 2010. The ...
Some of these damages in sub-Saharan Africa include abandoned pits and shafts in artisanal mining areas in West Africa, dumps from previous mining activities in South Africa, pollution of ground ...
In this post, CIO Business World Magazine will take a look at the top 5 mining companies in South Africa and explore their impact on the industry, the economy & their future potential. 1. Anglo …
Alcoa reiterated its outlook for 2023 aluminum shipments at between 2.5 million and 2.6 million tons. Aluminum prices are up just over 2% in 2023 as demand for the lightweight metal remained ...
We produce ten commodities from our operations across three regions, along with a number of exploration projects and development options.
In Guinea, Alcoa is a joint owner of Compagnie des Bauxites de Guinée, (CBG). CBG was formed in 1963 by the Government of Guinea and Halco (Mining), Inc. (Halco) to develop bauxite in the Boké region. The Government of Guinea owns 49% and Boké Investment Company owns 51% of CBG. Halco owns of Boké Investment Company.
Aluminium major Alcoa refused to be drawn into speculation on Friday that it was considering a takeover offer for its Portland smelter, in Victoria, from Dutch group Aloft Holdings. The smelter ...
The refinery produces alumina powder that is shipped to smelters across the world, including South32's Hillside smelter, in Richards Bay, South Africa, and the Mozal smelter, in Mozambique. https ...
Alcoa named William F. Oplinger as CEO, replacing Roy C. Harvey who has led the largest US aluminum producer for almost seven years. Alcoa said Oplinger, 56, who was previously chief operations ...
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 ...
The Anglo-American South Africa also deals in nickel, diamonds, metallurgical, thermal coal, copper, iron ore, and other minerals. Anglo American plc's headquarter offices are in London, England. 2. BHP Billiton Energy Coal …
Mining and minerals in South Africa | Brand South Africa Aug 16, 2012· Mining also provides the feedstock for about 94% of the country's electricity generating capacity. The value of total sales increased by 24.8% to R302.2-billion ($37-billion) in 2010, and the three top-selling minerals – PGMs, coal and gold – accounted for 66.3% of ...
Alcoa has its corporate headquarters in Pittsburgh, USA. Anglo American. ICMM company member Anglo American is a globally diversified mining company with operations internationally. Anglo American has its headquarters in London, …
In September 2007, Alcoa sold its equity holdings in Chalco, a subsidiary of Chinalco, for approximately $2bn. Alcoa was a significant investor in Chalco's initial public offering (IPO) in 2001. Five months later, Alcoa and Chinalco joined forces to buy a 12% stake in Rio Tinto for an estimated $14.05bn, $1.2bn of which was provided by Alcoa.
South Africa's mining industry has long been the backbone of the country, renowned for its vast reserves of precious metals and minerals. Recent trends and events have raised questions about the future of the industry and its ability to compete globally. These trends include fluctuating commodity prices and enterprise valuations, challenges ...
As the financial crisis bites the major mining groups are reshuffling their management teams in Guinea. According to our information, Alcoa has cut short the contract of Jonathan Hericourt, the managing director at Compagnie des Bauxites de Guinée (CBG). The group is giving CBG management assistance.
Industrial scale mining in South Africa began in the 1850's with the establishment of the first copper mine. Then, in 1867, diamonds were discovered in Hopetown, and in 1870 gold was discovered.
Find company research, competitor information, contact details & financial data for ALCOA ALLUMINIUM AND GLASS (PTY) LTD of BLOEMFONTEIN, Free State. Get the latest …
Alcoa | 386,081 followers on LinkedIn. Element of Possibility | Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people and courageous leadership, our purpose is to Turn Raw …
Alcoa announced today that it has established a new entity in Johannesburg, South Africa, called Alcoa South Africa Ltd., for the sale and distribution of aluminum forged …
Alcoa has ownership in seven active bauxite mines globally and operates four of them, making us among the world's largest bauxite producer. Our world needs more efficient, …
New partners could shortly join a project by Alcan Alcoa to build an alumina refinery in Guinea. Under an agreement [...] - 12/20/2006 ... South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks? ... private investment arm of the World Bank which is highly active in Africa's mining sector.
Alcoa, the largest US aluminum producer, announced taking a charge of $6-million related to layoffs at a plant in Australia that makes one of the main feedstocks that goes into the metal it produces.
Alcoa curtailed operations at the smelter in January last year, and operated the refinery at 50% capacity since the third quarter of 2022 to mitigate losses. ... (print copy for those in South ...
Alcoa said on Friday that a majority of workers at its San Ciprian facility in Spain voted to back its plan for a phased restart of the aluminum smelter in January 2024 after a two-year halt to ...
Osyanda Misidjan, 17, washes dishes on the banks of the Coermotibo River in her village of Adjuma Kondre, Suriname. Once surrounded by rainforest, the green palm trees and valley soccer field of the village are now surrounded by stony, bauxite-red plains left over from Alcoa's mining operations that ceased in 2015.