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...
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India’s refractory raw material imports have been hit badly ever since China declared war against its polluting industries. The slump in the imports of fused and calcined alumina have left domestic refractory manufacturers struggling to meet demand from the core user industries such as aluminium, steel, glass and cement. {newsStudioGallery} The non-ferrous industry in India of which aluminium is a significant stakeholder accounts for about six per cent of the refractory raw material consumption. Going by the overall alumina import statistics, India remains the top importer from China with volume of alumina imported reaching 46854 tonnes in 2015. In 2016, total alumina import from China was estimated to reach 51441 tonnes. The global export-import data reveals the following...
Alumina Limited is pleased to announce that Mr Peter Day has been appointed to the new position of Deputy Chairman of Alumina Limited effective immediately. Mr Day has been an independent non-executive Director of the Company since January 2014 and is Chair of the Audit and Risk Management Committee and a member of the Company’s Compensation Committee and the Nominations Committee. Mr Day has extensive experience in the resources, finance and manufacturing sectors, having held a number of senior executive positions with Amcor, Rio Tinto, Bonlac Foods, CRA, Comalco and the Australian Securities and Investments Commission. Through his prior executive positions at Comalco, CRA and Rio Tinto Mr Day has had significant exposure to the alumina and aluminium industries. Mr Day has a number of...
After a period of flat run, China’s domestic alumina price rebounded on August 17, driven by an outlook on tightened supply. The average spot alumina prices expected to range between RMB 2506 – 2506/t. The tightness in the market is expected because Alumina production in Shanxi province has been affected by suspension of some bauxite mines in Shanxi and Henan provinces on environmental regulations. China Aluminium International Trading, the wholly owned subsidiary of Aluminium Corp of China (Chalco), published a public tender to purchase 90,000 tonnes of alumina, strengthening market anticipation of tightened supply in the nearby market. Australian Alumina FOB prices rose timidly in recent weeks as market participants tempered their expectations that China would comply with the announced...
According to the news cited by Shanghai Metals Market, East Hope Group, one of China’s largest private companies, has inked a framework agreement on 15 th August with the government of Zuoquan County, Shanxi Province, to build alumina refinery project in the region. The alumina refinery project will have a total capacity of 2.4 million tonnes. The project will have two production lines each with a capacity of 1.2 million tonnes. East Hope Group will build lime project with a capacity of 800,000-tonne in order to support the alumina project. Mengtai Group also announced that they will build an aluminium project with a total investment of 6.5 billion yuan. The project will have a capacity of one million-tonne. The first phase of the project will have an annual capacity of 500,000 tonnes....
Alumina import by Indonesia is set witness a drop in 2017 as domestic production of the mineral is increasing at a steady state. With the country’s state-owned aluminium producer PT Indonesia Asahan Aluminium (Inalum) readying to increase its metal output to 500,000 tonnes a year by 2020 from its current production level of 260,000 tonnes, the demand for alumina is projected to rise in the long term. However, Indonesia is focussed on reducing its import dependence for a few industrial commodities, alumina being one of them, to foster growth of the domestic industry. Indonesia imported 72308.5 tonnes of alumina in 2016, up from 37511 tonnes a year ago. In 2017, the total alumina import volume is projected to decrease to 59441 tonnes. The value of alumina import by Indonesia is also...
Austria is the 29th largest importer in the world. The country imports alumina to feed the domestic aluminium industry. Alumina imports from Austria grew significantly over the last two years. The rise in import of alumina is expected to continue in the coming years. Italy and Germany supply good amount of alumina to the country. As our data shows, Austria imported about 21097 tonnes of alumina in 2015. The alumina import by the country jumped in 2016 compared to the previous year. The country imported an estimated 36583 tonnes of alumina. The amount is estimated to increase notably in 2017. The country is estimated to import about 43481 tonnes of alumina. The cost of the total alumina import stood at USD 11.46 million in 2015. The cost increased to USD 16.72 million in 2016. The cost of...
In what is considered the first instance involving a joint venture with a foreign government arm seeking insolvency, Anrak Aluminium, the joint venture between India's Penna group and UAE's Ras Al Khaimah Investment Authority (RAKIA), has moved the National Company Law Tribunal (NCLT). The move comes close on the heels of RAKIA serving an arbitration notice to the Indian government and Andhra Pradesh seeking either to fulfil commitment to supply bauxite or pay compensatory damages on its investment of $44.71 million. The development also comes weeks after the Andhra government decided to cancel the agreement that the Andhra Pradesh Mineral Development Corporation (APMDC) had entered into with Anrak Aluminium to supply bauxite during the erstwhile Congress government headed by YS...
Due to huge aluminium capacity cuts by Weiqiao and Xinfa Group, alumina market in China is in surplus. SMM expects that due to inflows of surplus alumina from Weiqiao group, alumina prices will face continuous downward pressure. Weiqiao Group has announced that it will release alumina into the open market for sale. Moreover, Xinfa Group is already selling in the market and this might worsen the situation in the market. The weighted average alumina price in the four major domestic major markets remained unchanged week-on-week at 2,521 RMB/tonne on August 11. As updated by SMM, the major alumina and aluminium producers in China had two meetings last week to discuss future price trends of the materials. As seen by SMM, due to the uncertainty in the market, both the sellers and buyers avoided...
Hindalco Industries produced 724000 tonnes of alumina in the quarter ended 30th June 2017. The alumina production increased 2 per cent as compared to Q1 FY2017. Aditya, Mahan and Utkal alumina continue to operate at their designed capacities, according to the company. Hindalco's Utkal refinery produced 384000 tonne of alumina, an increase of 3 per cent compared to the previous year. Utkal Alumina is amongst the lowest cost producers in the world. For Q1 FY2018, alumina refinery reported a 207 per cent increase in EBITDA at INR 291 crore on the back of higher realisation. “However higher alumina prices result in higher input cost for Hindalco standalone, company’s press release stated. “Prepaid INR 4,505 crore in April 2017 at Hindalco standalone and INR 894 crore in July 2017 at Utkal -...
Canada is one of the leading aluminium producers in the Americas. It is the third-ranked producer of aluminium in the world supported by technologically sound aluminium smelters run on cheaper hydropower. Based on year-to-date average daily production of 8,820 metric tons, the annual projection of aluminium production for Canada stands at 3,219,190 metric tons. Rio Tinto has the largest aluminium smelters in Canada. The country imports the largest part of its alumina to feed its smelters. Rio Tinto owned Vaudreuil refinery, Jonquiere and Quebec refineries produce about 1.56 million tonnes of alumina and the rest of its demand is filled by import. As our data shows, Canada imported about 3.42 million tonnes of alumina in 2015. The amount jumped up in 2016 to reach 4.64 million tonnes. In...
Bosai Group has planned to build an alumina refinery project in Gaizhou, Yingkou in Liaoning Province, according to the news published on Shanghai Metals Market. The alumina refinery project will have an annual production capacity of 5 million tonnes. The construction of the project will depend on market supply & demand after production restrictions during the winter season. The alumina project is expected to use bauxite from Ghana, SMM learned. As previously reported, Chongqing Bosai Minerals Group had entered into a strategic agreement with the government of Gaizhou to build an alumina refinery project. The company has an intention to spend an initial amount of 10 billion yuan. Bosai Minerals Group Co., Ltd.’s key products include aluminium, metallurgical grade alumina, brown fused...
China’s production of alumina increased notably in July. The production rose less than expected due to maintenance conducted by producers. The alumina production is expected to grow further in August, according to recent statistics showed by Shanghai Metals Market. China produced 5.77 million tonnes of alumina in July, up 14.4 per cent year-on-year. The daily average production stood at 186,000 tonnes, down 1.3 per cent month-on-month, SMM statistics indicated. In June, the country produced 5.66 million tonnes of alumina, up 16.4 per cent year-on-year, and the daily average production was 189,000 tonnes, up 3.0% month-on-month. Guizhou Huajin Aluminum, Henan Zhongmei Aluminum, Chalco Group Shanxi Jiaokou Xinghua Science & Technology, Yunnan Aluminum Wenshan Alumina and Shanxi Xiaoyi...
The partnership of Indonesia’s diversified mining company PT Aneka Tambang (Antam) and Japanese Showa Denko K.K. has come to a breaking point as the latter wants to quit the joint venture company, PT Indonesia Chemical Alumina, while Antam wants to divest some of its shares. The joint venture company owned a chemical grade alumina (CGA) plant in Sanggau, West Kalimantan that has been in operation since 2014. Total investment for the plant, according to the Investment Coordinating Board (BKPM), reached US$352.2 million. Antam owned 80% of PT Indonesia Chemical Alumina shares while the rest was owned by Showa Denko. Earlier also Antam offered to divest some of the shares to Showa Denko that could not be materialized. In July, Showa Denko K.K announced its willingness to quit the joint...
TOR Minerals International, Inc. announced its financial results for the second quarter ended June 30, 2017. The company reported sales increased 9 per cent to $10.7 million for the second quarter as compared to $9.9 million during the same period of 2016. The increase in revenue was mainly due to continued growth in specialty alumina sales. “Specialty alumina sales primarily benefited from strong growth in Europe and growth of OPTILOAD to both existing and new customers in the U.S,” according to the company’s press release. The company’s revenue of specialty aluminas stood at $6 million for the second quarter as compared to $5 million in the same period of 2016. Dr. Olaf Karasch, Chief Executive Officer, said, “We saw continued strength in our Specialty Alumina business and are well...
Chalco has decided that they will no longer proceed with the alumina project at Huangha Port in Cangzhou city. The project with 2 million tonnes of annual capacity will be cancelled as a result of environmental protection consideration, Shanghai Metals Market reported. The alumina project was slated to enter into operations in 2018. The company will replace this project with 4 million tonnes alumina project to be started in cooperation with Yunnan Aluminum at Fangchenggang. Yunnan Aluminum is engaged in the mining of bauxite, the smelting of aluminium, as well as the manufacture and distribution of alumina, aluminium products and carbon used in aluminium industry in China. Chalco is the world's second-largest alumina producer and China’s largest alumina producer. The company owns the...
Rio Tinto has announced production and financial results for the first half of 2017 and its alumina operations have recorded significant increase in net earnings as well as revenue. Alumina production was slightly lower in H1 2017 than H1 2016. Total alumina production stood at 4,070 thousand tonnes in comparison to 4,107 thousand tonnes in H1 2016. A strong operating performance at Vaudreuil was offset by reduced production at the Yarwun and Queensland alumina refineries attributed to weather inconsistencies and major maintenance works. Continued focus on reducing cash costs and productivity enhancements throughout the operations also was implemented in the alumina business. These actions, together with higher realised alumina prices resulted in positive free cash flow, EBITDA and...
The capacity of alumina refining has increased massively across the major alumina producing regions driven by a humongous demand for aluminium in the world, especially in China. The global alumina capacity is estimated to grow by 29.6% over the next ten years. {newsStudioGallery} Norway is the European Union's 5th most important import partner for trade in goods apart from being main exporter of metals in particular, of aluminium. The country imports huge amount of alumina from the global market .Brazil remains the top exporter of alumina in 2016.The import is expected to rise sharply this year as compared to last years. As shown by the data, Norway imported about 2432684 tonnes of alumina in 2015. The amount slightly fell in 2016 to reach 2398586 tonnes. The country is estimated to...
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In domestic spot market, rising stocks and poor consumption of aluminium is creating uncertainties over the alumina market. Alumina prices are expected to drop if the same situation continues. According to an SMM update, growing pessimism over alumina prices in Chinese market has forced alumina suppliers in Australia to cut price offers. Accordingly, FOB price of Australian alumina slid $ 1/tonne to $ 305.5/tonne (RMB 2053.82/t) last week. However, today’s SMM update shows no change in the average price of imported alumina in the Chinese markets and it remains flat at RMB 2800/t today. In the Central China market, average alumina prices dropped to RMB 2,525/t today from RMB 2,535/t. As estimated by SMM data, the weighted average alumina price in domestic four major markets dropped RMB16...
