Alcoa has announced it will permanently shut the Kwinana alumina refinery, which fully curtailed production last year, following “numerous studies and analyses” on the future of the site. According to a statement from the bauxite, alumina and aluminium company on Tuesday, factors behind the decision included the refinery’s age, scale and operating costs, as well…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) v2food buys up US company Daring Foods for undisclosed amount Plant protein business v2food has announced a strategic partnership with multinational food and biotechnology company Ajinomoto, as well as the acquisition of US plant-based chicken company Daring Foods. According to a statement from…
Alcoa of Australia has signed a joint development agreement with Japan Australia Gallium Associates to explore establishing gallium production at one of its Western Australian alumina refineries, according to an announcement on Sunday. The partnership with Japan Australia Gallium Associates, a joint venture between Sojitz Corporation and Japan Organization for Metals and Energy Security, aims…
Licella acquires full ownership of Arbios Biotech Recycling technology company Licella has acquired Canadian wood products company Canfor’s 50 per cent interest in Arbios Biotech, making Arbios a wholly-owned subsidiary of Licella. According to a statement from the company late last week, it “marks a major step forward in Licella’s global expansion, unifying our Cat-HTR™…
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…