By Tessa Leach, Monash University and Anna Malos, Monash University Aluminium is an exceptionally useful metal. Lightweight, resistant to rust and able to be turned into alloys with other metals. Small wonder it’s the second most used metal in the world after iron and demand is set to soar. But aluminium comes at a cost…
The Australian government has announced a $2 billion pledge to convert the nation’s aluminium smelters to renewable energy, which it said will be transformative and mark a significant step reducing the nation’s carbon footprint and enhancing its manufacturing sector’s competitiveness on a global scale. The investment is part of a broader initiative under the “Future…
Alcoa Corporation has announced the completion of its acquisition of Alumina Limited, taking control of the AWAC joint venture whose assets comprise bauxite mines and alumina and aluminium refineries in Australia, Brazil, Spain, Saudi Arabia and Guinea. The takeover increases Alcoa’s economic interest in its core business and simplifys governance by acquiring the minority partner…
New statistics from the Australian Securities & Investment Commission released halfway into the financial year show 243 manufacturing companies became insolvent during July – December 2023, compared to 235 and 84 for the same period in 2022 and 2021. In a statement from federal opposition industry spokeswoman Sussan Ley recapping recent collapses, the government’s “failed…
