Category: Clients

Alcoa inks major bauxite export deal

Alcoa World Alumina and Chemicals (AWAC) has secured its first major third party contract to supply around 400,000 bone dry metric tonnes (bdmt) of bauxite from its Huntly mine in Western Australia.

This comes after the company’s first trial bauxite shipment from WA to China in mid 2016, introducing their WA product to the global market.

The agreement is part of the company’s strategy to grow its third party bauxite business. It also follows the WA state government’s approval for Alcoa to export up to 2.5 million metric tonnes per annum of bauxite for five years to third party customers.

“Bauxite exports have the potential to generate greater value from our WA mineral lease, creating additional revenue streams for Alcoa and the state of Western Australia, while maintaining supply to our three WA refineries,” Garret Dixon, president of Alcoa Bauxite said.

The WA contract is one of three bauxite agreements the company recently signed worth $US126 million, to deliver approximately 2.2 million bdmt of bauxite from its two mines in Brazil – Juruti and Mineração Rio do Norte.

The contracts increase the total value of Alcoa’s 2016 and 2017 third-party bauxite supply agreements to nearly $US600 million.

Alcoa is the world’s largest bauxite miner with 45.3 million bdmt of production in 2015.

It predicts the third-party bauxite demand will double between 2015 and 2024, with China as the biggest importer.

BHP Billiton locks in technology partnership with Hatch

BHP Billiton and technology company Hatch have entered into a collaborative development partnership, which will aim to accelerate the development and deployment of technological advances in mining and mineral processing.

According to Hatch, a collaborative approach like this is the future of technology development in the mining industry.

Damien Harding, Hatch’s performance innovation director, said the partnership’s intent was the future of technology development in the mining industry.

“Our two companies are working together to accelerate the realisation of benefits from potential innovations. BHP Billiton will have access to Hatch’s proven technology-commercialisation experience and deep mining-domain expertise in business process design, operational performance, engineering, and digital systems,” Harding said.

He added that Hatch developed a healthy ecosystem of expert practitioners and collaborating global partners to support the partnership.

“Our essential differentiator goes beyond having the depth and breadth of skills to innovate. It’s also the knowledge and expertise to integrate all the elements we need to rapidly develop and implement holistic solutions that will have a significant impact on the mining industry,” Harding said.

Rio Tinto awards iron ore contract to Decmil

Perth-based mining contractor Decmil has secured a new contract at Rio Tinto’s iron ore operations in the Pilbara region of Western Australia.

The $40 million contract will see Decmil design, construct and commission new facilities at the Nammuldi and Silvergrass mines. The project scope also includes modifications and extensions to existing facilities at the Nammuldi mine.

In an ASX announcement, Decmil said the project would start immediately and was expected to be completed in late 2017.

Rio Tinto announced in August that it would invest $338 million to complete development of the Silvergrass mine, which is adjacent to the Nammuldi mine.

After making this decision Rio Tinto awarded RCR Tomlinson a $120 million contract to provide materials handling systems at the Silvergrass mine.

The contract included the engineering, procurement and construction of a new primary crusher, nine kilometres of overland conveyors and associated power lines.