The US aluminum trihydrate market strengthened in September 2026 as downstream procurement, rising overseas production costs, and shipping bottlenecks supported prices. In contrast, Bosnia’s market faced a quarterly correction as European buyers drew on accumulated inventories and lower caustic soda costs eased manufacturing pressures, highlighting diverging regional price trends. US aluminum trihydrate market gains on demand and supply constraints US aluminum trihydrate prices increased 2.38% month over month in September, supported by purchases from wire and cable manufacturers, electrical infrastructure compounders, and electric vehicle (EV) component producers. Demand remained particularly resilient for applications involving low-smoke cable compounds and flame-retardant materials....
China-based China Aluminum International Engineering Co., Ltd. (CHALIECO) has won a bid for an engineering, procurement and construction (EPC) contract valued at approximately USD 833 million for a proposed alumina project in Vietnam, adding to investment activity in the country’s mineral processing sector. The project, being developed by Binh Phuoc Ore Mining and Beneficiation Joint Stock Company, is designed to process 2.4 million tonnes of alumina annually. The proposed contract is valued at around CNY 5.595 billion (USD 839.04 million), with completion expected within 27 months of the contract’s effective date. CHALIECO to oversee turnkey refinery development Under the proposed turnkey arrangement, CHALIECO’s responsibilities will cover the full project delivery process, from...
Grow with
AL Circle
In the midst of the announcement of production limit plan during winter heating season, alumina prices are holding strong. Average spot alumina price has registered a gain of RMB 22/t to stand at RMB 3730/t after a flat run for two days. Spot alumina prices have gained in all other individual markets in China. Chalco alumina and imported alumina prices have remained unchanged. the price movements are shown in the below table: As for other raw materials are concerned, prebaked anode and bauxite prices remain unchanged in all major China markets. Prices of A00 aluminium ingot have registered a slight rise from RMB 16,130/t to stand at RMB 16,150/t today. A00 aluminium ingot prices across all individual markets have also increased consequently. Aluminium alloy ingot prices also remain flat...
Altech Chemicals Limited has announced finalisation of the design for the capacity upgrade of its proposed high purity alumina (HPA) plant in Malaysia. The company had got the German engineering, procurement and construction (EPC) contractor SMS group GmbH (SMS) to do the project work for them. Altech has now completed optimisation of process flow sheet for the plant that will churn out 4,500 tonnes of HPA per annum from the current from 4,000 tpa, the company’s media release confirmed: The majority of the changes compared to the previous flow sheet have impacted the HPA finishing section of the plant. This section now incorporates a flexible finished product line capable of producing HPA for both the synthetic sapphire industry (up to 4,500tpa of high density pellets) and HPA for the...
According to a Shanghai Metals Market, Henan Province, Binzhou and Zibo city of Shandong Province have introduced the time of production limit and the number of limited production line for alumina up to October 16. The government has asked for annual 10.34 million tonnes production limit. SMM has calculated the actual capacity of limited production and considering actual operating capacity, the actual reduced annual capacity for alumina stands at 8.2 million tonnes. Liaochen City, Shandong Province and Changzhi City, Shanxi province have not introduced detailed plan. SMM statistics shows that average spot alumina prices in China remains unchanged on October 19 at RMB 3702/t. On October 17, Chalco alumina price stands at RMB 3710/tonne. Spot alumina prices remain unchanged in all other...
According to a Shanghai Metals Market report, Shandong’s Liaocheng has issued winter output cut program for industrial enterprises. According to the program, Xinfa Group needs to close 564 electrolytic cells in winter heating season, or about 381,900 tonnes of capacity, which accounts for 30% of its total capacity (1.58 million tonnes). SMM statistics shows that average spot alumina prices in China had a slight rise on October 18 to RMB 3702/t. On October 17, Chalco alumina price has increased further to RMB 3710/tonne from RMB 3690/tonne. In North China market spot alumina prices increased to RMB 3720/tonne. spot alumina prices remain unchanged in all other individual markets in China. As for other raw materials are concerned, Average prebaked anode prices in East China, Central China,...
Rio Tinto published the production results of alumina for the third quarter of 2017. The company’s alumina production for the quarter was in line with the third quarter of 2016. The company produced 1.9 million tonnes of alumina in the three months ended September 30. Rio Tinto produced six million tonnes of alumina in the first nine months of this year. “A strong performance at the Yarwun refinery was offset by reduced production at the Queensland Alumina refinery due to the timing of major maintenance,” according to the company’s press release. Rio Tinto’s share of production in 2017 is unchanged at 8.0 to 8.2 million tonnes of alumina.
On Oct.13th, Binzhou City, Shandong Province has issued a Notice on Plan of 2017-2018 Industrial Enterprises’ Stagger Production. According to the plan estimate, alumina output in China will reduce by 1.93 million tonnes during heating season. In the meantime, Shanghai Metals Market Statistics shows that average spot alumina prices in China have been rising steadily throughout all major markets. The monthly average price stands at RMB 3542.44/t and today’s average alumina price stands at RMB 3694/t, up from RMB 3678/t on October 13. The growing trend in average alumina price in last one month can be traced from the graph below: Alumina price from large scale alumina enterprises is also on the rise through September and recently it has seen a jump for two consecutive days in October. On...
Canada imported $399 billion worth of goods in 2016. China is the second largest exporter of goods to the country. Canada imported 253 tonnes of alumina from China during the first eight months of this year. The top alumina exporting countries to Canada are Brazil, Australia, and Jamaica in 2016. {newsStudioGallery} Canada imports substantial amount of alumina to feed its domestic smelter. Rio Tinto owned Vaudreuil refinery produces 1.5 million tonnes of alumina and specialty products per annum. As our data shows, Canada imported about 2.65 million tonnes of alumina in H1 2017, compared with 2.34 million tonnes in the corresponding period previous year. It is estimated that Canada will import a total volume of 2.92 million tonnes of alumina in H2 2017, compared with 2.29 million tonnes of...
The National Company Law Tribunal (NCLT) of India has decided to reject the insolvency petition filed by Anrak Aluminium, The company and the lenders had pleaded for liquidation claiming to have explored all the available options. But NCLT Hyderabad bench advised them to approach government agencies for resolution of the issue before initiating any insolvency proceedings. The regulatory body took the rare decision saying it was in the ‘interest of the nation.’ Anrak Aluminium, a joint venture between India's Penna Cement and Ras Al Khaimah Investment Authority (RAKIA), had moved NCLT after RAKIA served an arbitration notice on the Indian government and the State Government of Andhra Pradesh, seeking fulfilment of bauxite supply commitment or pay damages on its investment of US$44.71...
China market has reopened today after the week-long Chinese National day holiday. SHFE base metals mostly opened higher on October 9, the first day following Chinese National Day holiday and SHFE aluminium increased over 1%. Shanghai Metals Market Statistics shows the average spot alumina price has been rising steadily and slowly through September and October to stand at RMB 3395.69/tonne for the monthly average. On October 9, Monday, the average alumina price stands at RMB 3602/tonne, an increase of RMB 50/tonne from the last closed RMB 3552/tonne on September 29. Today’s spot alumina prices in the domestic markets are shown in the table below: Alumina price from large scale alumina enterprises also climbed up in September and is unchanged over October. On October 9, Chalco alumina price...
Altech Chemicals’ managing director, Iggy Tan said global high purity alumina demand is expected to reach 86,831 tonnes per annum by 2024 growing from 25,315 tonnes per annum in 2016. The market will grow at a CAGR of 17 per cent driven by LED and lithium-ion battery segment growth. Global demand of LED lights, the largest segment contributing to HPA demand, is forecast to increase to 4.1 billion by 2021, growing from 864 million in 2015. Tan was addressing a CEO meet organized by Proactive on October 3-4 in Sydney and Melbourne. Source: Altech Chemicals Ltd. HPA is a high-value and high-margin mineral, and a critical ingredient required for the production of synthetic sapphire. Currently, Altech manufactures 45,000 tonnes of 99.9 % (4N) type HPA in a year. HPA is used in lithium-ion...
China’s imports of alumina increased in the month of August. The country’s imports of alumina totalled 287,138 tonnes in August 2017, up 123 per cent year-on year. During January-August, imports were down at 1.95 million tonnes, according to the latest import-export data published by China General Customs. Australia exported substantial amount of alumina to China. The country imported 146,210 tonnes of alumina in August and 870,372 tonnes during January-August, down 32.93 per cent year-on-year. The other top countries which supplied alumina to China are Vietnam, Indonesia, Japan, India, Germany and France. China exported 7,093 tonnes of alumina in August 2017, up 69 per cent YoY. In January-August period, exports were down at 37,545 tonnes. South Korea imported a major chunk of alumina...
According to a recent study by Grand View Research Inc., the global activated alumina market is projected to reach US$1.32 billion by 2025 growing at a CAGR of 5.4 per cent. Growing demand from key end-user industries such as, Water Treatment, Oil & Gas will drive the growth in the market. A robust growth of the North American healthcare industry will further fuel the demand of the mineral over the period under review. Activated alumina is a highly porous substance that exhibits a potentially large surface area. It is used as fluoride adsorbent in water treatment and as catalysts in the oil & gas industry. Other applications include catalyst, desiccant, and bio ceramics. The water treatment segment accounted for the largest share of industry revenues in 2016; it is expected to continue...
The continuous price rise in alumina is expected to make a big difference to the FY 2018 net profit of National Aluminium Company Limited (NALCO). The leading Indian aluminium producer with integrated alumina operations expects the annual net profit to grow by 45 per cent, TK Chand, CMD of NALCO said in a recent interview. NALCO’s EBITDA per tonne was at US$80-90 in Q1 FY18. Source: Market Realist NALCO’s current alumina capacity stands at 2.1 million tonnes and the last alumina shipment was valued at US$440 per tonne. The company registered total alumina sales of around 1.1-1.2 million tonne in Q1 FY18. Input cost for alumina has also risen in Q2 of the current financial year. "In alumina, caustic soda constitute a major portion and there has been increase in the price of caustic soda,...
Ireland is the 27th largest export economy in the world houses RUSAL’s alumina refinery Aughinish alumina. Located in a rural part of Ireland, RUSAL’s Aughinish refinery is the only producer of alumina in the country and one of the most efficient alumina facilities globally. The refinery has an annual capacity of 1,915,000 tonnes of alumina. Alumina production in Ireland remains stable in last two years keeping up with a steady upward growth. If we look at the export trend quarter on quarter, we can see the upward growth. As the data shows, in Q1 2016, Ireland exported 500,234 tonnes of alumina globally. In comparison to that, the country exported 511,328 tonnes of alumina in Q1 2017, a slight rise YoY. In Q2 2016, Ireland exported 540,229 tonnes of alumina globally, which increased to...
Aluminium price index has been trending higher. The prices of the key aluminium raw material were stable in June and July 2017 around the US$300 per tonne level, but they started gaining momentum up the track last month. Since LME and SHFE aluminium have been strong, alumina too seems to have joined the uptrend. Source: Market Realist Alumina price index was not as volatile in the past. It was primarily decided between the buyers and the sellers. The index shows the dynamics of the physical market unlike aluminium, where sentimental factors can be short-term price drivers, Market Realist analyst Mark O'Hara explains. According to Platts, the alumina price index hit multiyear highs in early September. The rising alumina price index is good news for companies like Alcoa, Norsk Hydro, Nalco...
The largest alumina refinery in Europe on the Shannon estuary, Aughinish Alumina, last year went back into the red with pre-tax losses of $40.5m (€34m). Limerick Alumina Refining recorded the loss as revenues slumped by 24pc from $688.39m (€581m) to $520m (€439m) due to a drop in the price of alumina worldwide. The pre-tax loss of $40.58m followed a pre-tax profit of $14.4m (€12.1m) in 2015. The directors stated that "the outlook in 2017 is much more positive due to higher sales prices and continuing lower production costs, which are forecasted to lead to a return to profitability." The directors stated that the impact from the lower alumina prices were somewhat offset by lower production costs in 2016. The loss last year included a full impairment charge of $15.8m (€13.3m) concerning the...
China's Jiuquan Iron & Steel Company (JISCO) has finalised its acquisition of the ALPART Alumina Refinery in Nain, St Elizabeth with the government. The three final parts to the deal were signed yesterday morning in Jiayuguan, China. A release from the Ministry of Transport and Mining yesterday afternoon said the three final parts to the acquisition deal addresses ownership, operation and build-out of the ALPART alumina works. The Transport and Mining Ministry says the completion of the deal will pave the way for some $1 billion in additional investment at the refinery and the creation of 800 high-paying jobs. In July, Russian mining company UC Rusal formally signed a deal for the US$300-million sale of the 1.6-million-tonne Alpart alumina refinery to JISCO. JISCO plans to build a...
Shanghai Metals Market Statistics shows the average spot alumina price has been rising steadily and slowly through September to stand at RMB 3205.29/tonne for the month average. On September 25, Monday, the average alumina price stands at RMB 3532/tonne, an increase from RMB 3507/tonne yesterday. Alumina price from large scale alumina enterprises also climbed up in September. On September 25, Chalco alumina price stands at RMB 3540/tonne from RMB 3390/tonne yesterday and is expected to move within a range of RMB 3,490- 3,590/t. In the imported alumina market; monthly average price stands at RMB 3152.35/tonne and today’s price stands unchanged at RMB 3400/tonne. Today’s spot alumina prices in the domestic markets are shown in the table below: As for other raw materials are concerned,...
