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International Herald Tribune

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.
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The Sydney Morning Herald

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.
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The Sydney Morning Herald BHP beefs up WA alumina refinery

BHP Billiton approves an expansion project at Worsley Alumina in Western Australia for an estimated capital investment of $2 billion.
05/01/08
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The Sydney Morning Herald 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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The Sydney Morning Herald 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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The Sydney Morning Herald 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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The Sydney Morning Herald 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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The Sydney Morning Herald 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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The Wall Street Journal

Alumina Says Costs to Rise

Australian miner Alumina said several factors would lead to higher costs at a Brazilian refinery and bauxite mine.
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The Sydney Morning Herald

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.
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The Sydney Morning Herald 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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The Sydney Morning Herald 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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The Sydney Morning Herald 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.
03/18/08
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The Sydney Morning Herald 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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Yahoo! News Red Wings reward Babcock for winning...

AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings...
06/12/08
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The Sydney Morning Herald Babcock plunges further

Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
06/13/08
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The Sydney Morning Herald

Smelting joint venture caught in Apache blast

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 supplies to their joint-venture operations in Western Australia.
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The Sydney Morning Herald

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 by Alcoa and Alumina's Alumar and Juruti projects in Brazil.
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International Herald Tribune Australian merchant bank Babcock and...

Babcock & Brown Ltd., Australia's second-largest merchant bank that last week lost half its market value, is accelerating an examination of its listed funds as it faces its...
06/16/08
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The Sydney Morning Herald Fairfax moves to unwind margin loan

THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the...
06/27/08
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iLounge Review: iASUS Concepts Mobile Amp

Like some other such devices, including Upbeat Audio’s Boosteroo Revolution, the pitch here is that you plug this in to the headphone port of your iPod, then turn your iPod...
03/11/08
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The Sydney Morning Herald Orica to demerge consumer products

Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
07/21/08
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The Sydney Morning Herald ASX over 2% lower at noon

The Australian stock market fell over three per cent following large falls on Wall Street last week and dragged down by local banks.
03/03/08
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The Sydney Morning Herald GPT operating profit up

GPT Group has reported a 14.5 per cent fall in annual earnings and says it expects to maintain distributions in 2008, given challenging market conditions.
02/27/08
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