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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Shanghai Metals Market research found spot aluminium downstream buyers across east-China markets remained quiet today, on November 29, even as spot discounts widened. Sellers continued to show their enthusiasms to offload cargoes, learned SMM. The SHFE 1812 contract extended its fall even today in the morning trade. Spot discounts in Shanghai were heard at RMB 60 per tonne to RMB 50 per tonne against the December contract, compared to RMB 40 per tonne to RMB 30 per tonne in the previous day. Most transactions in Shanghai and Wuxi were at RMB 13,560 per tonne to RMB 13,570 per tonne and that in Hangzhou at RMB 13,590 per tonne to RMB 13,610 per tonne. The prices were down by some RMB 60 per tonne than the prior day. In Guangdong, on the other hand, transactions were mostly seen at RMB...
Rising aluminium prices driven by aluminium import tariffs have affected Colorado’s craft beer industry, industry sources said. “It’s disruptive for sure and (it’s) increasing our costs,” said Dave Cole, owner of Epic Brewing. He said that the price of aluminium cans have jumped six to ten per cent. Since 40 per cent of the beer they produce is packaged and sold in aluminium cans, the price rise has affected their business. “It sounds small if it’s a six or 10 percent increase, in terms of our cans, but the packaging material of any beer, at least for a small, independent craft brewery, is the majority of cost. That can is actually more expensive than most of the liquid that goes into it.” According to him, the cost of aluminium cans account for up to 70 per cent of the cost of a beer and...
Resource galore, wider applications of technologies, world-class road infrastructure, business-friendly industrial policies are some of the key factors that drove the pace of world-class aluminium production in the United Arab Emirates. {newsStudioGallery} Emirates Global Aluminium, popularly known as EGA is one of the leading UAE-based aluminium smelters. The development of EGA, which began in the 1970s, has taken the UAE from no aluminium production to the fifth largest aluminium producing nation in the world. About 1 tonne in every 25 tonnes of aluminium produced worldwide is made by EGA in the UAE. So, being one of the leading aluminium producing nations in the world, UAE imports a significant amount of alumina as a raw material for the production. EGA, for instance, imports all the...
Century Aluminum has announced two new expansion programs at its Sebree smelter that will increase production of both value-added and secondary aluminium. The programs will improve smelter’s product mix by adding approximately 90,000 tonnes of additional billet production to the Sebree casthouse and increase the smelter’s overall production by adding 20,000 tonnes of additional secondary (scrap reprocessing) capacity. The programs are expected to be completed in the first quarter of 2019. Michael A. Bless, President and Chief Executive Officer said: “These new expansion programs demonstrate our confidence in the future of the U.S. aluminium industry and the continued positive effects of the Trump administration’s Section 232 program.” “With the 150,000 MT restart of Century’s Hawesville...
Bahrain’s imported products were valued at BD515 million ($1.366 billion) in October 2018, up 17 per cent from BD439 million ($1.164 billion) in October 2017, said the foreign trade report by Information & eGovernment Authority (iGA) for the month of October. China and the USA were the major exporters to the country last month. Alumina emerged as the top product imported to the country with BD43 million ($114.1 million). Exports from Bahrain increased to BD171 million ($453.7 million) in October 2018, as compared to BD170 million ($451.1 million) for the same month of the previous year. The country exported most of its products to Saudi Arabia, Egypt and the USA. Bahrain exported BD27 million ($71.6 million) worth of aluminium wire to the global markets, the top product exported in...
A government decree showed on Wednesday, November 28, that the Russian government may buy up to 50,000 tonnes of aluminium for the state reserve as a move to support sanctioned Russian aluminium giant UC Rusal. The decree, dated November 26, allocated up to 10 billion roubles or US$ 149 million for the plan, which was the initiative of Russian tycoon Oleg Deripaska, a government source told Reuters. However, the text in the decree did not specify the reason for the potential purchases nor gave a timeframe. At present, the purchases are considered as a one-off step, according to the government source’s statement to Reuters. Rusal and its parent company EN+ Group also declined to give out much detail. Russia’s Industry and Trade Ministry were neither very prompt in responding when requested...
The US dollar dipped from two-week highs after Federal Reserve Chairman Jerome Powell described US interest rates as "just below" the neutral rate. Base metals rallied across the board, LME aluminium nudged up. LME aluminium price dropped to another new low as it closed Wednesday’s trading at US$1912.50 per tonne. Shanghai Metals Market expects the contract to trade at US$1,920-1,945 per tonne. Continued pressure is seen at the 10-day moving average on LME aluminium. As on November 28, Wednesday, LME aluminium cash (bid) price stood at US$ 1911.50 per tonne, LME official settlement price stands at US$ 1912.50 per tonne; 3-months bid price stands at US$ 1923.50 per tonne, 3-months offer price is US$ 1924 per tonne; Dec 19 bid price stands at US$ 1993 per tonne, and Dec 19 offer price...
According to Shanghai Metals Market, primary aluminium inventories across eight major consumption areas in China, including SHFE warrants, have recorded a drop by some 38,000 tonnes from a week ago to come in at 1.386 million tonnes on Thursday, November 29. On last Thursday, November 22, the social inventories of primary aluminium were at 1.424 million tonnes; hence, today the inventories registered a 2.7 per cent week-over-week decline exceeding the 2 per cent drop in the previous week. The reason is the declined shipment due to recent supply cuts. It is estimated to take 13.8 days to deplete current social stocks of primary aluminium ingots in China, which is a relatively high level. The below chart shows the current status of primary aluminium inventories across China as of November...
Ardagh Group, a leading global supplier of value-added, infinitely-recyclable, metal and glass packaging solutions, announced that its rectangular aluminium can has been selected for Bonduelle’s premium Cassegrain range. Bonduelle has chosen Ardagh’s aluminium cans to present its asparagus and artichoke in a variety of delicious dressings. Laurent Cordier, Sales Director at Ardagh’s metal food sector said: “Bonduelle choose a rectangular can for the majority of its premium Cassegrain products, with a slightly conical shape allowing easy stacking. The horizontal storage in the can allows the aromatic herbs and marinade to remain with the product ensuring a premium taste sensation.” “It satisfies so many consumer requirements: 100 percent recyclable, total barrier protection, long shelf...
According to a senior official of Mexican steel trade group Canacero, Mexico’s next government is willing to impose tariffs on US aluminium and steel in case the Trump administration continues the duties on imported metals from Mexico. Canacero Vice President Raul Gutierrez said on Monday, November 26, that both Mexico’s present and incoming government have agreed to levy resounding mirror measures on US aluminium and steel if needed. Next day, on November 27, Canacero reported this statement at a news conference. The left-wing government of Andres Manual Lopez Obrador, which will start December 1, has pledged to impose mirror measures on US aluminium and steel in case the Trump administration does not eliminate its Section 232 tariffs or if it imposes an unacceptable export quota on the...
Shanghai Metals Market research found that further decline in aluminium futures prices today, on November 28, for the third day this week led to a wait-and-watch stance among downstream consumers in the east-China spot aluminium market. The SHFE 1812 contract dipped in morning trade while spot discounts stood at RMB 40 per tonne to RMB 30 per tonne in Shanghai against the contract, compared to RMB 50 per tonne to RMB 40 per tonne in the previous day. In Shanghai and Wuxi, spot transactions were done at RMB 13,620 per tonne to RMB 13,640 per tonne and that in Hangzhou at RMB 13,660 per tonne to RMB 13,680 per tonne. Across eastern markets, sellers were keen to offload cargoes, but consumers held back from making purchases. Therefore, transactions between traders remained brisk. In...
According to the latest Mineral Industry Survey report from US Geological Survey, the U.S. exports of aluminium scrap, which is not included in the government’s consumption statistics, stood at 141,000 tonnes in September 2018, up 11per cent from September 2017 total of 127,000 tonnes. Month on month, aluminium scrap export dropped about 3% from the August export volume of 148,000 tonnes. Total scrap exports stood at 1.25 million tonnes in the first three quarters of 2018, up about 11.6 per cent from 1.12 million tonnes in the same period of 2017. The US export to China in September 2018 stood at 25,700 tonnes, down 62% from September 2017 volume of 67,500 tonnes. While month on month the volume has registered a slight drop from the August 2018 volume of 26,900 tonnes. YoY, the volume...
A bipartisan group of the US senators has reportedly urged for an independent review into the Trump administration’s process for granting imported tariffs exemptions on aluminium and steel products. Pennsylvania Republican Pat Toomey, an ardent free-trader, joined centrist Democrats Doug Jones of Alabama and Tom Carper of Delaware on Monday, November 26, in demanding a review by the Government Accountability Office (GAO). The senators claimed that the US Commerce Department, as of last month, had processed about one-third of the nearly 50,000 requests for exemptions. “Members of Congress and U.S. businesses have repeatedly raised concerns about the pace, transparency, and fairness of the Section 232 steel and aluminium exclusion process,” the senators wrote in a letter to GAO head Gene...
Pangaea Logistics Solutions Ltd., a global provider of comprehensive maritime logistics solutions, announced that it has extended its freight partnership with Noranda Bauxite and Alumina. Pangaea expects to move over 40 million tonnes of bauxite from Jamaica to Gramercy through to the end of 2031. Pangaea Logistics Solutions transports over 3 million tonnes of bauxite from Jamaica to Gramercy each year utilizing three dedicated vessels. Ed Coll, Pangaea's Chief Executive Officer said: "We are pleased to extend our partnership with Noranda. Noranda and Pangaea know each other very well, having frequently found ways to enhance our relationship over many years, resulting in a true partnership. We look forward to serving Noranda's transportation, supply and logistics needs for many, many...
The State Funding Board of Tennessee has approved two economic incentives for two companies from different sectors. The Tennessee panel has approved an economic development grant of US$975,000 for Gränges Americas Inc. in Huntingdon, an aluminium rolling company. The State Funding Board also approved a grant of US$772,000 for job training assistance for Keep Truckin, Inc. in Nashville, a trucking technology firm. Gränges' Huntingdon facility has aluminium continuous casting, cold rolling, finishing operations with a capacity of 160 thousand tonnes. They supply to HVAC, food containers and transformers sector. State economic development official Paul VanderMeer says Gränges, a Swedish aluminium engineering and manufacturing company, plans to add 65 jobs over two years in their plants, on...
Primetals Technologies, an engineering and plant construction company for metals industry, has announced it received an order from from Ulsan Aluminum Ltd., a rolled aluminium producer, for the supply of new automation technology to the company's hot rolling mill and cold rolling mill no. 2 in Ulsan in the southeast of Korea. Primetals Technologies will be responsible for the installation, commissioning and fine adjustment of the automation technology in both rolling mills. The new technology will improve the reliability and availability of the rolling mills. The modernization is planned to be completed by the end of 2018. source:www.primetals.com The Ulsan plant produces rolled aluminium plates for the Asian markets of the beverage and electronics industries, the transportation sector...
A privately-owned bauxite company Sarmin Bauxite Limited has reportedly announced the completion of an independent Mineral Resource Estimate (MRE) on its own bauxite exploration license (Lelouma Licence) located in the Republic of Guinea, West Africa. The MRE is estimated and prepared by SRK Consulting (UK) Limited (SRK) in accordance with the terms and guidelines of the Australian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves, the JORC Code, 2012 Edition (JORC). The MRE outlines a total JORC Compliant Bauxite Mineral Resources of approximately 1 billion tonnes at 44.9 per cent Al2O3 and 2.1% SiO2. Further classification breakdown is as follows: Indicated Mineral Resource of 983 million tonnes (44.9% Al2O3, 2.1% SiO2); and; Inferred Mineral Resource of...
Alumina and aluminium prices are on a downward trend after winter production cuts have started in China. Average spot alumina price in China stood at RMB 3075 per tonne on November 28, a further drop from RMB 3094 per tonne on November 27. The spot prices are expected to range within RMB 3075 per tonne today, Shanghai Metals Market found. Average price of alumina-east has fallen by RMB 20 per tonne to stand at RMB 3100 per tonne; alumina-central is down by RMB 20 per tonne at RMB 3080 per tonne; alumina-north is down by RMB 20 per tonne at RMB 3060 per tonne; and alumina-south is down by RMB 15 per tonne to stand at RMB 3090 per tonne as on November 28. Alumina (Chalco) price and Australian alumina FOB price remain unchanged at RMB 3350 per tonne and USD 400 per tonne respectively. As...
