Vietnam National Coal and Mineral Industries Group (Vinacomin) has proposed an integrated bauxite mining and processing project worth VND 5.2 trillion (USD 208 million) in Lam Dong province, Vietnam. Currently under appraisal by provincial authorities, it is designed to produce around 3 million tonnes of refined bauxite ore annually, reinforcing raw material requirements at the Nhan Co Aluminium Plant and the planned expansion of its alumina operations. Located in the Nhan Co Cluster, the proposal spans over 6,666 hectares. Of this, approximately 5,269 hectares are earmarked for mining and around 50 hectares for the ore processing plant. The project also includes five post-processing sludge reservoirs covering about 1,120 hectares, alongside the 318-hectare Dak Buk So 8 water reservoir. A...
Aluminium production depends on high-temperature processes where furnace efficiency, thermal management and equipment durability are essential for maintaining operational performance. However, refractory materials used in melting, holding and casting operations face continuous exposure to extreme temperatures, thermal fluctuations, chemical corrosion and mechanical wear. These conditions can lead to premature furnace-lining failure, molten-metal penetration, corundum formation and heat loss, increasing maintenance requirements and operating costs. Addressing these challenges requires materials that can withstand demanding operating conditions while keeping equipment efficient and reliable. Alkegen, a supplier of high-temperature refractory and insulation materials, serves this requirement...
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The US Treasury announced on Wednesday, December 19, about its intention to remove sanctions against Oleg Deripaska-owned Rusal, which is the parent company of the Aughinish Alumina plant in Limerick. The Irish foreign ministry said in a statement that the Aughinish Alumina plant would be free from the threat of sanctions following a 30-day Congressional review period. The facility churns out a third of Europe’s alumina. The deadline for complying with the sanctions extended several times before, and now it is until January 21, 2019. The United States had declared earlier that the sanctions could be removed against Rusal if Russian billionaire Oleg Deripaska relinquished control of the company. So, the three Deripaska companies - Rusal, En+ and power firm EuroSibEnergo - have agreed to...
According to the latest update from the market, LME aluminium prices plunged to a 16-month low in early Asian trade on Thursday after the United States said it would withdraw sanctions on UC Rusal. The dollar came off its lows but remained weaker on Wednesday anticipating fewer interest rate hikes than it had in September. LME base metals mostly gained on Wednesday but aluminium fell some 1%. SHFE base metals traded higher across the board overnight and aluminium grew some 0.3%. The LME aluminium contract closed yesterday’s trading at US$ 1928 per tonne, much lower than last closing. LME fell to a low of US$1,906.5 per tonne from the 10-day moving average on Wednesday and closed at US$1,908 per tonne overnight. LME aluminium is likely to trade weaker at US$1,900-1,930 per tonne. As on...
The A00 aluminium ingot price again witnessed a drop today, on December 20.A00 aluminium Ingot price dropped by RMB 80 per tonne to RMB 13510 per tonne. The average prices today are expected to range between RMB 13490 per tonne and RMB 13530 per tonne, with spot discounts to settle at RMB 90 to RMB 50 per tonne. All the major markets in China also recorded a decline today. In the east Wuxi, the ingot price dropped by RMB 65 per tonne to RMB 13505 per tonne while in Hangzhou, the price declined by RMB 70 per tonne to RMB 13530 per tonne. In the south and north, the prices are hovering at RMB 13690 per tonne and RMB 13500 per tonne respectively. In south, the price is expected to range between RMB 13670 per tonne and RMB 13710 per tonne; in north, the price is expected to range between RMB...
China’s aluminium producers will hold a meeting in Guangxi to discuss falling prices of aluminium and slow demand for the metal, a Reuter report says. China being the world’s largest aluminium producer and consumer is concerned over the fact that aluminium smelters are struggling to turn a profit, even after significant output cuts The source said that the meeting is being called by China Nonferrous Metals Industry Association (CNIA), the representing organization for the industry. The meeting will be held on Friday in Nanning, the capital of Guangxi, to discuss the current market situation, the Reuter sources said. China Hongqiao Group, the world’s biggest aluminium producer is expected to be represented by the general manager of its sales unit. A second source, an executive at Aluminum...
Balco’s Mainpat Bauxite Mines under Sarguja district has reportedly celebrated Annual Safety Function with a lot of grandeur. Besides participating in multiple activities like quiz, drawing, planting trees, and essay writing, Balco officers, employees, and contract workers took an oath to adopt a safe working style and to make Mines an accident free area. Director General of Mines Safety, Raigarh, Saifulla Ansari was present in the function as a Chief Guest. Amit Chauhan, Programme Coordinator from Shree Cement Limestone Mines; Milind Shore, Mines Manager Hirmi Dolomite Mines; and Naresh Kumar Vishisth, Engineer, N.M.D.C Kirandul Mines, were also present in the programme as guests. Rajesh Mishra, Head- Balco Bauxite Mines; Pramod Ranjan, Head-HSE, Mines, Balco; and Ajay Tewari, Head –...
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, and the aluminium sector account for 1.4 per cent of the UAE economy, according to an expert study. The sector also supported 60,950 jobs in 2017 with one in every 100 people working in the UAE is employed in the aluminium sector. His Excellency Sultan bin Saeed Al Mansoori, UAE Minister of Economy, said: “The UAE is proud of the leading national institutions it currently boasts across a number of vital sectors – chief amongst them the aluminium sector, which has contributed to the reputation and economic competitiveness the country enjoys on both the regional and international stage. The UAE today is considered one of the world’s largest exporters of this resource – one that is critical to a number...
Rheinmetall Automotive has, together with its Chinese joint venture partner HUAYU Automotive Systems (HASCO), inaugurated new plant in Guangde in the Chinese province of Anhui, northwest of Shanghai. Source:www.rheinmetall-automotive.com This is the sixth location of the joint venture in China, and its range of products will include aluminium cylinder heads. Rheinmetall Automotive, China's biggest manufacturer of cylinder heads, has an annual production volume of around 5.5 million units. The new plant will bring the company's production capacity to over one million units in 2018. The new plant of HASCO KSPG (Guangde) Nonferrous Components Co. Ltd will generate sales of 560 million RMB (equivalent to around €70 million). Over the next five years, annual cylinder head production is planned...
According to the latest USGS release on Bauxite and Alumina in the Third Quarter 2018, imports of alumina by the U.S. in the third quarter of 2018 stood at 441,000 tonnes, 21% more than the 364,000 tonnes imported in the third quarter of 2017. Quarter on quarter, the volume was 25% more than 353,000 tonnes imported in the second quarter of 2018. This shows growing consumption by the domestic aluminium smelters in the U.S. in Q3 2018. The growth was primarily driven by reopening of Alcoa and Century smelters. The import volume is 42% more than those in the third quarter of 2016. {newsStudioGallery} The leading sources of imported alumina in the third quarter of 2017 were Brazil (52%), Australia (22%), and Jamaica (13%). The major sources remain unchanged from Q2 2017. Exports of alumina...
According to a report, a British sports car manufacturer Morgan Motor Company has confirmed to launch an all-new sports car in 2019 to mark the firm’s 110-year anniversary. The new model, known internally as the ‘Wide Body’, is set to use an all-new bonded aluminium platform. Details are scarce, but per the company’s report, the new car will feature "a powertrain never before installed in a Morgan". This year marks the 50th and the final year of the Malvern-based maker fitting V8 engines to its cars. The final examples of the Aero 8 and Plus 8, fitted with BMW’s N62 V8, will be kept for Morgan’s heritage fleet. Morgan claims that its to-be-launched sports car will be positioned above the Roadster, Plus4, and 4/4 in terms of performance, but not designed to be a direct replacement for the...
Leading aluminium systems supplier Reynaers has appointed Richard Hall as Managing Director for the UK subsidiary of the business. The company said he will oversee the continued growth of Reynaers as it expands its trade and retail offerings and builds on its success in the commercial sector. Andreas Wilsdorf, Chief Sales Officer at Reynaers Group said: “The collective knowledge, expertise and experience that Richard brings to the firm is exactly what we need to head up our UK team. This is a very exciting time for our organisation as we continue growing our offering and we are delighted to have Richard on board to lead this process in the UK.” Reynaers Aluminium produces cutting-edge glazing solutions for some of the most iconic buildings in the world. The company manufactures aluminium...
Above a month after identifying a cluster of high-grade, low-containment bauxite within the existing resource at Minim Martap Project in November, Canyon Resources Limited has now reportedly started initial aircore drilling and exploration campaign at the site. Canyon’s own aircore drill rig and a team of experienced personnel are at the used for conducting the first phase of drilling in the northwest quadrant of the Minim Martap licence area. The program will target the previously drilled Beatrice, Agnes, and Raymonde plateaux as well as adjacent plateaux within the prospective northeast-southwest-oriented high-grade bauxite plateau corridor. Per the report, Canyon’s chairman David Netherway, managing director Phillip Gallagher, and advisor Tolga Kumova recently visited the site to...
U.S. Customs and Border Protection (CBP) has determined that the Sun Bright International Corporation and Fair Importing Corporation entered merchandise covered by antidumping duty order A-570-967,1 and countervailing duty order C-570-968,2 into the customs territory of the United States by evading necessary duties. The CBP determined that these two companies imported aluminium extrusions from China to the U.S. by transshipping through Malaysia. The Enforce and Protect Act (EAPA) investigation was conducted by CBP on a complaint filed by Aluminum Extruders Council (AEC). Jeff Henderson, President of AEC stated, “We want to thank U.S Customs and Border Patrol for this fantastic outcome and victory for the EAPA program. Transshippers like these companies should know we will continue to...
On Monday, December 17, India yet again deferred enforcing retaliatory duties on 29 imported products from the US worth US$235 million by another 45 days. The implementation of the duty hike has been postponed until January 31, 2019, according to a notification by the finance ministry. In June, India announced its decision to hike import duty on 29 products from the US with effect from August 4, as a retaliatory measure against the Trump administration’s decision to levy additional tariffs on certain aluminium and steel products imported from India. The Indian government later postponed the implementation of the tariff to September 18, , and then again to November 2 and December 17. The higher import duty on the US products, if come into effect, will include apples,almonds and walnuts....
The US dollar fell to a week-low on Tuesday as investors unwound long bets on the currency, anticipating that the Federal Reserve could slow the pace of US interest rate hikes after this week's policymaking meeting. LME base metals traded lower on Tuesday and aluminium lost 0.5%. SHFE base metals performed similarly overnight. Aluminium edged down 0.2%. LME aluminium rebounded from US$ US$1,936 per tonne and closed at US$ 1940 per tonne on Tuesday. We see limited upside room for LME aluminium which is likely to trade at US$1,930-1,950 per tonne today. As on December 18, Tuesday, LME aluminium cash (bid) price stood at US$ 1939per tonne, LME official settlement price stands at US$ 1940 per tonne; 3-months bid price stands at US$ 1941 per tonne, 3-months offer price is US$ 1942 per tonne;...
According to a report, Vedanta Limited is aiming to curb its alumina imports to 500,000 tonnes a year by the financial year 2021. Per the record, the company imports more than two million tonnes of alumina to power its smelters at Jharsuguda and Korba because of having no sufficient captive bauxite resources of its own. Vedanta also banks on imported bauxite to feed its alumina refining unit at Lanjigarh. However, the company confirmed that it would ramp up its Lanjigarh capacity to six million tonnes per annum; to start with, four mtpa in the first phase. The refinery scale up is expected to reduce Vedanta’s dependence on imported alumina and therefore, the cut at aluminium production cost as a result. To cater to the refinery’s enhanced bauxite requirement, Vedanta has tied up sourcing...
Marcventures Holdings, Inc. reported that the company’s Bauxite Mining Project in 6 municipalities of Western Samar contains 73.2 million Wet Metric Tonnes (WMT) of measured and indicated resources of bauxite. In a disclosure to the Philippine Stock Exchange, Marcventures said the deposit could last for about 20 years mine life at 4.0 million WMT yearly. Supply deficits of bauxite are expected due to increasing use of aluminium for electric cars and other transportation equipment, cladding for electric batteries, aerospace, construction and even defense applications. The properties which contained the bauxite ores were obtained when Marcventures merged with Asia Pilot Mining Philippines Corporation resulting to Marcventures’ acquisition of 100% of the outstanding shares of Alumina Mining...
After a rise by RMB 100 per tonne from RMB 13,540 per tonne to RMB 13,640 per tonne, the A00 aluminium ingot price recorded a plunge today, on December 19, by RMB 50 to stand at RMB 13,590 per tonne, Shanghai Metals Market found. The average prices are expected to range between RMB 13,570 per tonne and RMB 13,610 per tonne, with spot discounts to settle at RMB 80 per tonne to RMB 40 per tonne. In the east Wuxi, the ingot price dropped by RMB 60 per tonne to RMB 13,570 per tonne while in Hangzhou, the price declined by RMB 60 per tonne to RMB 13, 600 per tonne. At both the south and north markets, the ingot price plunged by RMB 40 per tonne to hover at RMB 13,760 per tonne and RMB 13,560 per tonne, respectively. As far as the input costs are concerned, the alumina spot price showed no...
NIO Inc., a pioneer in China’s premium electric vehicle market, has launched the ES6 high-performance long-range electric SUV during the annual NIO Day 2018 in Shanghai. The ES6 comes with high-strength aluminium & carbon fiber reinforced plastics (CFRP) hybrid structure. The ES6 expands the design language of the NIO product line with a stylish and sporty exterior plus a refined, high-tech interior, according to the company press release. “We are committed to redefining the user experience and creating a community centered around our users, enjoying life and growing together. The ES6 launch and the NIO Day have set another NIO community milestone,” said NIO Founder, Chairman and CEO, William Li. The vehicle features 4.7 second 0-100 km/h acceleration, a NEDC range of over 510 km, and...
