Latest Alumina News

Kuniko-funded drilling has extended the interpreted Silica Hill sulphide system beyond Impact Minerals’ existing resource model, with assays due within four to six weeks. The results could feed a December resource update, but the latest intersections remain visual observations rather than confirmed gold or silver grades.

Axel REE has reported a major leap in metallurgical testwork at its Caladão Project in Brazil, achieving up to 95% gallium and 74% scandium extraction from a Tiger Creek composite sample. The results mark a significant step in developing alternative gallium recovery methods beyond traditional by-product sources.

Impact Minerals’ 50%-owned Alluminous project reveals a strong financial case for a staged US high purity alumina plant, projecting a post-tax NPV₈ of A$518 million and a 42.3% IRR under a modular development approach.

Hawsons Iron has confirmed its ability to upgrade magnetite concentrate to a premium 69.3% iron grade through bulk-scale elutriation testwork, significantly reducing impurities and enhancing potential revenue streams.

Andromeda Metals has secured $3.04 million through a Share Purchase Plan and placement, aiming to advance its High Purity Alumina project and complete a Pre-feasibility study.

Hawsons Iron Limited’s latest bulk elutriation testwork upgraded its magnetite concentrate from 67.8% to 69.3% iron, slashing impurities and reinforcing the project’s premium product potential.

Alcoa Corporation has filed to register shares of its common stock to be issued in connection with its $4.1 billion acquisition of South32 Limited’s upstream aluminum assets, spanning Australia, Brazil and South Africa. The deal includes cash, stock consideration, and contingent payments linked to commodity prices, pending customary approvals and shareholder support.

Advance ZincTek posted an 11% rise in FY26 profit before tax to $2.247 million on 12.6% higher sales, driven by AI integration and US market strength. The company is set to enter residential battery manufacturing in FY27, leveraging its zinc oxide expertise.

PT ANTAM (ASX:ATM) posted a 6% increase in net sales to Rp62.71 trillion in the first half of 2026, driven by steady gold, nickel, and bauxite sales. Profit after tax surged 34% to Rp6.91 trillion, supported by improved margins and foreign exchange gains.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Calix Limited posted a 16% revenue increase to $39.2 million in FY26 driven by strong growth in its Magnesia business, while reporting a substantial net loss of $51 million largely due to a one-off impairment. The company advanced key industrial decarbonisation projects and strengthened strategic partnerships, focusing on capital-light commercialisation.

Black Canyon has launched a 5,000m RC drilling campaign at its Wandanya Project, extending the manganese mineralisation footprint to 3.4km and targeting further iron-rich zones along a 9km trend. The maiden resource estimate remains on track for September 2026.