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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According to a recently published market research report, the global high purity alumina (HPA) market is projected to reach USD 5.09 Billion by 2020, at a CAGR of 20.1 per cent from 2015 to 2020. The increasing applicability of high purity alumina among varied end-user applications, such as LEDs, semiconductors, phosphor, and sapphire, among others is expected to drive the market for high purity alumina during the forecast period. The high purity alumina market can be segmented by purity level (4N, 5N, 6N), by application (Light Emitting Diode, Semiconductor, Phosphor, Sapphire, Others), and by region (Asia Pacific, North America, Europe, Rest of the World). Among all types of purity levels, the 4N segment led the global high purity alumina (HPA) in 2014, and accounted for the maximum...
Alumina manufacturer Noranda is delaying plans to cut jobs and close its St. James Parish plant after completing an expansion it hopes will spur business. The company warned more than 100 workers could lose their jobs if the efforts fail. Noranda, based in Franklin, Texas, told state officials in January it would close the plant and eliminate 444 jobs in March. Noranda has since completed a "fast track expansion" of the Gramercy plant's capacity to produce non-metallurgical and chemical grade alumina, according to an updated notice the company filed March 9 with Louisiana workforce officials. Noranda said it would temporarily close the Gramercy plant in mid-May if those measures fail to spur business. The closure would result in 113 jobs lost. The Gramercy plant extracts alumina from raw...
Orbite Technologies Inc. has provided an update on the company's progress and the cost estimate towards plant completion and commissioning. Project Construction and Cost Highlights: • The installation of the air, steam, and process piping and utilities around the calcination system is complete. • A comprehensive review of costs recently incurred indicates that capital costs initially projected must be increased by approximately 9.9M$. This brings the revised total external capital cost budget of the project to 56.2M$ from 46.3M$, as previously contemplated. • In order to limit construction costs and manage its working capital, the company has ended overtime work and may postpone certain activities, which will push back the start of commercial production into Q2 of 2016 instead of Q1 as...
China Hongqiao Group Limited, the top primary aluminium producer in the country, is running a trial production at its one million tonnes-a-year alumina plant in Indonesia and will complete building another 1 million tonnes by the end of 2017, its Chief Executive Officer said on Monday. The capacity is the first- and second-phase of a 4 million-tonne-a-year plant. Zhang Bo said the company had no timetable to build the remaining two million tonnes and the construction would be determined by market situations. Alumina is a material for production of primary aluminium, used in everything from soda cans and window frames to airplanes and cars. The production in Indonesia uses local bauxite, ores to be refined into alumina. Hongqiao produces alumina in China using bauxite imports mostly. Zhang...
Shandong Nanshan Aluminum Co. is scheduled to break ground on the first phase of its large-scale alumina project in Indonesia in October this year. Nanshan Aluminum has the most complete aluminum industrial chain solely in Longkou throughout the world, covering the upstream and downstream links of the whole aluminum industry including energy and alumina, whose production scale ranks the top at home.
Shandong Weiqiao Aluminum & Electricity Co. is scheduled to put online its large-scale alumina joint venture project in Indonesia on March 18, said a recent industry report. According to the report, the project, a JV between Weiqiao Aluminum and Indonesia’s Harita on a 60:40 basis, has an annual capacity of 2 million tonnes. Product from the alumina project will be mainly for self-use and whether to sell to the market will depend on market conditions.
Altech Chemicals Limited announced that it has terminated the agreement with Dana Shipping and Trading S.A. to grant Dana the exclusive right to mine up to 10Mt of kaolin from the company's Meckering kaolin deposit. Under the terms of the kaolin mineral rights agreement, if the First Condition had not been satisfied by the First End Date, being 28 January 2016, then either party may terminate the Mining Rights Deed by notice to the other. As the First Condition has not yet been satisfied, Altech has elected to terminate the Mining Rights Deed and to continue to be focussed on finalising the detailed design and securing funding for the construction of its High Purity Alumina (HPA) project.
Metro Mining Ltd has extended and declared its off-market takeover offer for all of the shares in Gulf Alumina Limited unconditional and free from all defeating conditions. Metro will now become Gulf’s largest shareholder, with a relevant interest of 22.1 per cent of the issued capital of Gulf as at the close of business on 8 March 2016. By declaring its offer unconditional, all Gulf shareholders that accept the offer will receive Metro shares. Metro shareholder benefits include: • Proven board and management team with track record of project development; • Rapid project development progress; • Native title and land access agreed with traditional owners; • Strong balance sheet with net cash of $5.3 million at the end of December 2015; and • ASX listing and trading liquidity. Metro also...
China imported 507,500 mt of alumina in January 2016, up 31.76 per cent year-on-year, but down 6.72 per cent month-on-month, revealed data released by the China Customs. Alumina prices overseas were depressed during December 2015 and January 2016, boosting Chinese buyers’ interest in imported alumina. Chinese alumina producers cut production during November and December 2015, also turning some buyers to imported alumina. Alumina capacity cuts in China have amounted to 4.4 million-tpy so far this year, including capacity being cut, SMM statistics showed. Idled alumina capacity in China is unlikely to come back online on a large scale, despite recent price rise, SMM expects; the reason being that current prices are not attractive enough. Alumina producers in southwest China are still...
Orbite Technologies Inc. has provided an update on the company's progress towards high purity alumina plant completion and commissioning. Construction Highlights • As reported by the Company on February 11th, 2016, the installation of critical system components, withheld by a supplier in breach of his contract, commenced on January 4th and was completed on February 10th, 2016. • The installation of the air, steam, and process piping and utilities around the calcination system, delayed by the installation of the withheld equipment, is now complete. • Installation of the insulation on the decomposer and calciner is well-advanced and will be completed on the steam supply system shortly. Commissioning • The feed system for delivering Aluminum Chloride Hexahydrate crystals (ACH) into the...
Orbite Technologies Inc. has announced further to its press releases dated February 3 and February 23, 2016, the closing of its public offering of units in the aggregate amount of $9,542,000. The company has revised the terms of the underwriter's option (the "Underwriter's Option"), whereby the number of additional units that the underwriter, Euro Pacific Canada Inc., may purchase for resale is increased by 1,762 units to a total of 7,762 units. The underwriter purchased 1,544 additional units on February 3, 2016 and 1,060 on February 23, 2016. In addition to the foregoing amendment, the Underwriter's Option, which was set to expire tomorrow, is extended and may now be exercised until close of business on April 15, 2016. The 1,762 additional units, and the underlying debentures and share...
Xinjiang’s first alumina delivery warehouse will settle in Changji City, local media reported. Aladdiny Alumina Trading Center Co. and Zhongjiang Logistics Co. signed a deal on March 1 over establishment of alumina delivery warehouse. From now on, Aladdiny Electronic Trading Platform will provide a series of services for alumina suppliers and buyers in Xinjiang and nationwide, such as electronic trading, logistics & warehousing, collateral financing, etc. The move, which is a response to the Chinese government’s “the Belt and Road” initiative and “Internet Plus” program, could potentially give aluminum smelters in Xinjiang a greater say in alumina pricing and reduce their raw material purchasing costs.
PT ANTAM together with PT Indonesia Asahan Alumunium has formed a cooperation with PT PELINDO II in the port development in Sungai Kunyit, Mempawah, West Kalimantan. The port development is linked to Smelter Grade Alumina Refinery project in Mempawah. ANTAM president Tedy Badrujaman said: "The cooperation reflects the progress of the Smelter Grade Alumina Refinery Project development. It will form the basis of a port development study covering financial, technical, operational, commercial and legal aspects."
South32, the spin-off of mining giant BHP Billiton, posted underlying first half earnings of US$26mn. The figure, for the six months ended December 31, compares with underlying earnings of US$460mn a year earlier, the firm said in a release. The new company took operational control of its assets a year ago and was successfully demerged from BHP Billiton on May 25 2015. Revenue came in at US$2.98bn, compared with US$4.09bn the year before, while underlying Ebitda fell to US$542mn from US$1.13bn. "Lower commodity prices reduced revenue by US$1.00bn, although this was partially offset by a stronger US dollar (US$401mn) and lower price-linked costs (US$94mn). Half year production records were achieved at Worsley Alumina, Australia Manganese (ore) and Cannington (zinc), while power sales at...
Alumina Ltd, a 40 per cent business partner of Alcoa World Alumina and Chemicals (AWAC), is seemingly optimistic about alumina market scenario in 2016. The Australian mining company predicted, alumina prices will improve globally this year and says it can withstand any kind of volatility. Alumina Ltd posted a full year net profit of $US88.3 million ($A122.53 million) after paying for a range of restructuring costs related to shutting down capacity in its Alcoa World Alumina and Chemicals (AWAC) joint venture with metals giant Alcoa. Chief executive Peter Wasow said supply growth overshot alumina demand in 2015, but the current market price was unsustainable. "We can withstand whatever the market throws at us. We believe some recovery in alumina prices is likely this year but many...
Alumina reported an annual loss in 2015 linked to restructuring costs and asset writedowns. The Australian-listed company said it recorded a net loss of $US332.6 million for last year, versus a loss of $US370.1m a year earlier. Alumina reported $US169.9m in so-called significant items, which included expenses related to a recent restructuring of its operations and an impairment charge against a smelter in southeast Australia. The company's key asset is a 40 per cent stake in the Alcoa World Alumina and Chemicals venture with Alcoa Inc, the world’s largest alumina producer. The venture has shuttered operations and overhauled others amid a downturn in world commodity prices. Alumina swung to an underlying profit of $US88.3m from an underlying loss of $US98.3m a year earlier, “reflecting in...
Orbite Technologies Inc. has announced the appointment of Pierre Gignac as an independent member to the company's Board of Directors. Prior to his retirement in 2015, Mr. Gignac spent 17 years at Export Development Canada ("EDC") in a variety of senior roles, including Interim Chief Executive Officer. EDC, a Crown corporation, is Canada's export credit agency, providing financing and insurance solutions locally and around the world to help Canadian companies of any size respond to international business opportunities. Before joining EDC, Mr. Gignac worked in several senior positions at Metropolitan Life, one of the world's largest insurance and financial services companies, lastly as Vice-President and Actuary, responsible for the Actuarial/Financial Management Department, the Life and...
Altech Chemicals Limited has provided a detailed update on the fast growing utilisation of high purity alumina (HPA) in lithium-ion batteries. Altech recently appointed Mr. Martin Ma as the company's sales and marketing manager in China. Mr. Ma has already commenced discussions with lithium-ion battery manufacturers in China where there is considerable interest for Altech's HPA product. Highlights • Fast-emerging use of HPA in lithium-ion batteries for electric vehicles (EVs) • HPA use in lithium-ion battery separators is in the region of 120g per kWh • HPA increases discharge rates; lowers self-discharge; and lengthens life-cycles • PA increases the separator's shrinkage temperature and reduces flammability during thermal runaways • Altech forecasts HPA demand for lithium-ion battery...
