BHP beefs up WA alumina refinery
May 1, 2008
BHP Billiton approves an expansion project at Worsley Alumina in Western Australia for an estimated capital investment of $2 billion.
BHP Billiton plans US$1.9 billion expansion to boost capacity at alumina refinery
BHP Billiton Ltd. has approved a US$1.9 billion (€1.2 billion) expansion project for an alumina refinery in Western Australia, the company said Thursday.
Alumina to hit funds trail
ALUMINA Ltd has chosen to maintain its 12c a share fully franked dividend - and its dividend reinvestment plan - despite the need for up to $500 million to cover capital cost blowouts at its Brazilian expansion projects.
Alumina defends size of its board
Alumina has defended the size of its board amid criticism that it is a "post box" company.
05/01/08
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Alumina H1 profit drops 84.6%
Alumina Ltd, minority partner of the Alcoa World Alumina & Chemicals (AWAC) group, has delivered an 84.6 per cent drop in first half profit.
07/31/08
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Alumina boosted by Alcoa profit
Alumina shares rally after joint venture partner Alcoa reports a better than expected profit.
07/09/08
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Alumina to evaluate funding options
Alumina Ltd is evaluating funding options for a $US1.12 billion ($A1.15 billion) cost blowout at two projects in Brazil.
07/21/08
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Alumina shares jump on despite trouble
Shares in Alumina jumped almost eight per cent with the impact of the shutdown of Varanus Island gas supplies not as bad as initially expected.
07/11/08
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Cape Alumina signs agreement with Rio
Cape Alumina has signed an agreement to develop a proposed haul road across ground held by Rio Tinto Ltd to access its Pisolite Hills project.
06/25/08
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BHP Billiton executives say Rio Tinto takeover bid will go to European regulators within weeks
A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto Ltd. within weeks.
BHP beats Alcoa to expansion
BHP Billiton has approved a long-awaited $US1.9 billion ($2.03 billion) expansion to its Worsley alumina refinery which had been delayed by overheating in Western Australia's labour and construction market.
Alumina plans major capital raising
Alumina is planning a significant capital raising.
05/13/08
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Rio Tinto's Yarwun refinery sets record
Rio Tinto, the world's third largest miner, says it has set a record for production of alumina at its Yarwun refinery in Queensland.
AWAC stung by Brazilian whacks
BHP BILLITON can rest easy. Its Ravensthorpe nickel mine in Western Australia, long the stand-out for delays and capital cost blow-outs in the mining industry, has been eclipsed...
07/21/08
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BHP Billiton raises Rio Tinto...
AFP - BHP Billiton sweetened its bid for Rio Tinto Wednesday, lifting its valuation of the mining giant to 147.4 billion dollars as it presses for a mega-takeover to exploit a...
Sigh of relief greets Alcoa and Alumina
ALUMINA shares rallied yesterday after its joint venture partner, Alcoa, reported second-quarter earnings containing no nasty surprises.
07/09/08
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Rio Tinto: We don't need BHP
Rio Tinto has said it is still dismissive of the $135 billion all-stock hostile takeover bid by BHP Billiton and that it is doing fine on its own.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
Smelting joint venture caught in...
ALCOA and Alumina, partners in the world's biggest producer of alumina, have cut their profit forecasts after the explosion at Apache Energy's Varanus Island plant cut gas...
06/11/08
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BHP and Rio Tinto lead market higher
The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
Alcoa, Chalco buy Rio Tinto stake ...
AP - Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company Rio Tinto PLC in a deal believed to be worth $14.05 billion, the...
BHP approves funds for WA expansion
BHP Billiton Ltd has approved $US1.9 billion ($A2.04 billion) of spending to expand the Worsley Alumina project in Western Australia.
05/01/08
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BHP Billiton and China's Baosteel...
BHP Billiton said Friday it has reached agreement with China's Baosteel on prices for iron ore deliveries, securing increases of up to 96.5 percent after protracted negotiations.
Rio Tinto says first quarter iron ore...
AFP - The world's third largest miner Rio Tinto Wednesday said iron ore sales were at a record level in the first quarter despite lower production from Western Australia.