June 24, 2016
Western Australia bauxite sets sail for China in Alcoa export trial
Today Alcoa of Australia Limited (Alcoa) celebrated its first shipment of Western Australia (WA) bauxite as part of an export trial approved by the State Government last year. The 47,000 tonne parcel of bauxite is bound for an alumina refinery in China.
Perth-based President of Alcoa Mining, Garret Dixon, said the milestone shipment supported the Company’s strategy to grow its third-party bauxite business and complements its mining activities which supply bauxite to its Western Australian alumina refineries.
“Alcoa operates the world’s largest integrated bauxite and refining system here in Western Australia. Over 53 years we have established sustainable mining practices to feed our three alumina refineries at Kwinana, Pinjarra and Wagerup,” Mr Dixon said.
“Bauxite exports provide the opportunity to strengthen our business by creating an additional revenue stream. They will help optimise the value of our Darling Range mineral lease for the Company and the State without impacting the life of our WA refineries.”
The bauxite shipment out of WA marks another important step in Alcoa’s global strategy to increase its share of the growing third-party bauxite sales market. In April, US-based Alcoa Inc. announced it had signed multiple supply contracts valued at more than $350 million over the next two years for bauxite sourced from three of its mines in Guinea and Brazil.
Alcoa is the world’s largest bauxite miner, with 45.3 million bone dry metric tons of production in 2015. Alcoa has ownership interests in seven active bauxite mines globally, four of which are operated by the Company. These mines, including the Huntly and Willowdale mines in WA, are strategically located near key Atlantic and Pacific markets.
Media contact: Jane McGuire on email@example.com or 0410 694 676.
A global leader in lightweight metals technology, engineering and manufacturing, Alcoa innovates multi-material solutions that advance our world. Our technologies enhance transportation, from automotive and commercial transport to air and space travel, and improve industrial and consumer electronics products. We enable smart buildings, sustainable food and beverage packaging, high-performance defense vehicles across air, land and sea, deeper oil and gas drilling and more efficient power generation. We pioneered the aluminum industry over 125 years ago, and today, our approximately 59,000 people in 30 countries deliver value-add products made of titanium, nickel and aluminum and produce best-in-class bauxite, alumina and primary aluminum products.
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