Alcoa buys Alumina Ltd, takes over bauxite and aluminium assets

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…

Work disassembling “three Sydney Harbour bridges” of steel begins at former Gove refinery

Rio Tinto has begun what it says is Australia’s largest-ever demolition project, and will disassemble an expected 142,000 tonnes of scrap steel at the Northern Territory’s Gove alumina refinery to be shipped for recycling. The site operated from 1972 until being put in care and maintenance in 2014. It previously converted bauxite into alumina, and…