15 April 2014 18:50 [Source: ICIS news]
LONDON (ICIS)--Rio Tinto is on track to suspend operations at its Gove alumina refinery in Australia’s Northern Territory by July, the international mining major confirmed in an update on Tuesday.
Rio Tinto said that the first two stages of the ramp-down were already completed, with the third stage to be completed in June. The refinery will move to "care and maintenance" from July 2014.
The company announced in November last year that it was planning to suspend the Gove alumina refinery because of unfavourable market conditions, but at the time it did not disclose timelines for the suspension.
Gove produced 2.3m tonnes of alumina and 8m tonnes of bauxite last year.
The aluminium industry is a large consumer of caustic soda and other chemicals.
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