Rio Tinto will move to suspend alumina production at Gove and focus on its bauxite operations after determining the refinery is no longer a viable business in the current market environment. Rio Tinto will now work on the scope and phased ...
Tags: Metallurgy, Mineral, Energy
As the aluminium industry market continued to deteriorate, global second largest alumina maker - Chinalco planned to change parts of his production line to lexible production, involving electrolytic aluminium business with capacity of ...
Tags: Chinalco, aluminium industry
Financial cited Mr Guy Elliott CFO of Global miner Rio Tinto Plc as saying that the company which has already sold assets worth USD 12 billion since 2008 sees substantial cash coming in next year from the sale of further operations ...
Tags: Pacific aluminium and diamonds businesses, mining group, Rio Tinto Plc
RIO Tinto has warned it may cut more jobs from its aluminium and coal businesses as it seeks to rein in unsustainable cost increases. In an investor update, the mining giant also says it expects growth in China's steel demand to peak ...
Tags: aluminium business, Rio Tinto, global mining operation
Though London Metal Exchange prices for copper have been on a downward spiral, the sustenance in treatment and refining charges are helping metal makers to stay in a comfort zone. Hindalco Industries, for instance, reported a 29 per ...
Tags: Copper, Nonferrous Companies, London Metal Exchange, copper price