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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After over two decades of waiting, India's largest integrated aluminium producer National Aluminium Company Limited (Nalco) will commence mining operations at the Pottangi project, in the eastern province of Odisha, where bauxite reserves have been estimated at 70-million tonnes. According to a company official, access was critical to Nalco's expansion project to construct a one-million-tonne-a-year greenfield alumina refinery at Damanjodi in proximity to the virgin Potttangi reserves, at an estimated capital outlay of $880-million. The grant of the Pottangi bauxite reserves had been caught up in administrative and regulatory wrangling between the provincial government of Odisha and Nalco, and the company's third phase expansion plan was delayed by several years owing to the absence of...
Institutions see robust demand for high purity alumina, defined as at least 99.99% Al2O3, in high-end markets, namely Li-ion battery and ceramics sectors, a local source reported. China mainly relies on imports in high purity alumina. China’s high purity alumina market is dominated by Sumitomo Chemical, France’s Baikowski and Japan’S Taimei Chemicals. The number of high purity alumina producers in China has increased to several dozens. However, products produced by Chinese companies are largely used in low-end markets, such as fluorescent powder, the media added.
Highlights • Memorandum of Understanding with SGL Group as HCl system supplier • Leading global expertise in materials and equipment for extreme environments • Strengthens the Bankable Feasibility Study (BFS) team Altech Chemicals Limited is pleased to announce that it has signed a Memorandum of Understanding (MOU) with SGL Group (SGL) as its partner for the supply and installation of the Hydrochloric Acid (HCl) gas generation, absorption, recovery and scrubbing plants for it's high purity alumina (HPA) project. The recovery, regeneration and concentration of hydrochloric acid are important steps in numerous processes in the Company's HPA plant. SGL is one of the world's leading manufacturers of carbon-based products and materials. It has a comprehensive portfolio ranging from carbon and...
An alumina refinery in Sungai Tengar village, Kendawangan district, Ketapang regency, West Kalimantan, is set to provide 3,000 jobs for local residents. Ketapang Development Planning Board economic affairs head Alexander Wilyo told The Jakarta Post on Tuesday that the opportunity was expected to have many positive impacts on the region. “The refinery complex covers various industrial facilities, including a port. As many as 3,000 local residents will be able to find jobs in the industry,” said Alexander. The plant processes bauxite ore into ready to process aluminum. Alexander said that since 2013, the Chinese-Indonesian joint-venture had planned to build the plant on a 1,000-hectare plot of land. The joint venture has put up a total investment of US$2.2 billion to build the biggest...
The board of National Aluminium Company (Nalco) has approved a significant capacity expansion plan to set up a one million tonne alumina refinery at Damanjodi, Koraput, Odisha at a proposed investment of INR 5,540 crore. Nalco already has a captive bauxite deposit at Pottangi in the state, which will be utilized in this project. This is the first major expansion in the state run aluminium company in step with the Modi government's Make in India campaign. The aluminium major reported a more than two fold rise in net profit to INR 354.87 crore in Q4 FY15, due to an exceptional gain. Against this the company had posted a net profit of INR 172.45 crore in the previous corresponding period. Total income, however, declined by 2% to INR 1,801.25 crore in January-March quarter of 2014-15 from INR...
China’s alumina imports plunged 46.98% from a year ago to 315,900 tonnes in April, customs data showed. SMM attributes the slump to to growing domestic supply and loss of appeal of imported alumina. Prices for domestic alumina kept falling as a result of growing output. Prices in Henan and Shanxi were 2,470-2,520 yuan ($398-406) per tonne and 2,440-2,480 yuan per tonne, respectively, last week, much lower than 2,580-2,630 yuan per tonne for imported alumina at the Port of Lianyungang, SMM data showed.
Orbite Aluminae Inc. today announced that the Company has determined it is eligible to receive refundable investment tax credits (ITCs) on its investments in the Gaspe region incurred during 2015, 2016 and 2017. ITCs receivable were limited to a maximum of $30 million, which Orbite had reached for the years 2012 through 2014. However, this ceiling applies to three year intervals and a new three-year interval began on January 1st, 2015. According to Quebec tax regulations, companies making investments in manufacturing and processing equipment in the Gaspe region are eligible for a 32% return in the form of refundable ITCs. The Company has received confirmation from its tax consultants that it should be eligible to receive up to $7.5 million in tax credit refunds for fiscal 2015. As it has...
• Revenues up 5.4% to EUR 38.8 million, EBIT up 60.0% to EUR 4.8 million; • Earnings per share up 52.9%, to EUR 0.26. Nabaltec AG published its interim report for the first quarter of 2015 today, and confirmed its preliminary data. The company's strong performance last year continued in the first quarter of 2015, as both revenues and earnings exceeded the comparison values from the year before. Nabaltec's consolidated revenues amounted to EUR 38.8 million in the first quarter of 2015, up 5.4% from the value posted in the same quarter of last year, EUR 36.8 million. Relative to the fourth quarter of 2014, revenues were up 14.8%. In operating result (EBIT), a strong 60.0% gain was posted relative to the first quarter of 2014, to EUR 4.8 million. Gerhard Witzany, Member of the Board of...
Collie's Worsley Alumina has legally separated from BHP Billiton to join a new global resources company, South32. Worsley is a key asset for South32, which has operations across five countries and 11 commodities and more than 27,000 employees and contractors. The changes coincide with new leadership appointments at Worsley. Former refinery general manager Michael Rix has been appointed asset president overseeing Worsley’s integrated mining, refining and port operations. Michael said he was excited to lead Worsley through its transition to South32. “We have world-class people, assets and bauxite resources, which will immediately contribute to the success of South32,” Mr Rix said. “Through safe and efficient production, we will deliver more value to our people, our stakeholders and...
Mr. Peter Crossgrove , Director of the Company since May 2013, will not seek reelection to the Board of Directors at the upcoming shareholders meeting due to personal and health reasons. Claude Lamoureux , Chairman of Orbite, stated, "We would like to thank Peter for his dedication to and support for Orbite during an important transformational period for the Company. We are sorry he will no longer be able to serve on our Board, and wish him well for the future." Orbite Aluminae Inc. announced that it will hold its annual and special meeting of shareholders on June 18, 2015.
On May 20, 2015 Sasol announced that it has expanded the production capacity of its alumina spheres plant in Brunsbüttel to 4,000 tonnes per annum. Through the company’s Performance Chemicals Inorganics & Catalyst division, a leading global producer of inorganic specialities, it produces high purity and ultra-high purity alumina that is used in a range of catalytic and non-catalytic applications. The expansion marks another step in the company strengthening its position in the alumina market to meet growing market demand for alumina-based shaped carrier materials for industrial catalytic and non-catalytic applications. Due to physical and chemical properties, the shaped carriers produced by Sasol’s Performance Chemicals Inorganics & Catalyst division are sought-after in fast-growing...
W.R. Grace & Co. and Chevron Products Co. will build a $135 million residue hydro-processing catalyst production plant and additional alumina capacity at the existing Grace manufacturing facility near Lake Charles. The announcement was made Monday in a news release from Gov. Bobby Jindal and W.R. Grace & Co. Chairman and CEO Fred Festa. The companies' joint venture is called Advanced Refining Technologies which will create 30 direct jobs while state officials estimate another 88 new indirect jobs will result from the project. Grace will retain 295 direct jobs at the site. Construction of the project is expected to start later in 2015 with an estimated completion time projected for early 2018. "Louisiana's top-ranked business climate and state workforce development programs continue to...
China’s output of metallurgical-grade alumina grew 14.2% from a year ago to 4.64 million tonnes in April, SMM’s survey found. The growth was contributed mainly by commissioning of new capacity and restart of idled capacity in Shandong and Chongqing, SMM learned. One alumina refinery in Shanxi temporarily shut down 1.8 million-tpy capacity after an accident. But this was partly offset by commissioning of 800,000-tpy alumina line in Guizhou.
Highlights • Appointment of local company Simulus Engineering as EPCM partner for Meckering • Simulus was instrumental in testwork and development of flowsheet • Simulus is the key engineering contractor on the BFS Altech Chemicals Limited is pleased to announce that it has now appointed Simulus Engineering Pty Ltd (Simulus) as its Engineering, Procurement, Construction and Management (EPCM) partner for its proposed kaolin beneficiation plant at Meckering, Western Australia. Simulus has been the key engineering partner during the bankable feasibility study (BFS) phase of the project. The Meckering beneficiation plant will enable the initial simple wet processing of kaolin to remove oversize silica, followed by drying to reduce moisture content. The resultant upgraded kaolin will be packed...
Approximately 30% of the 2014 net profit recorded by alumina producer Alum Tulcea will be allocated for retooling and the rest will be distributed to cover losses from previous years, the operational manager of the company Nicolae Anghelovici told Agerpres after Alum’s debut on AeRO market. In 2014, Alum Tulcea saw a net profit of 47 million lei, after in 2013 it recorded losses of some 137.5 million lei, over eight times higher than in 2012. Alum Tulcea is the only alumina producer in Romania, with a production capacity of 500,000 tonnes per year. The alumina produced by the company is supplied on the domestic market to Alro (ALR), part of Vimetco Group, as well as on foreign markets. In 2014, Alum recorded a turnover of 534 million lei, up by 3% compared to the previous year (518...
MEP for Ireland South, Deirdre Clune says a decade long battle between Ireland and the European Commission over alleged state aid to Aughinish Alumina is “not helpful” to business development in the west. The European Commission wants €10m of what it believes were illegal tax breaks given to Aughinish Alumina between 2002 and 2004 paid back, and is pressing the Irish government to do this. The case was back in the general court of the European Union this Wednesday for mention. It dates back to 2005 when the commission ruled that Aughinish Alumina - one of West Limerick’s biggest employers with almost 500 people on its books - has received €10m of illegal tax breaks in the three years previously. The Irish government argued it had exempted the aluminium powder producer from paying excise...
Science, Technology, Energy and Mining Minister Phillip Paulwell announced on Thursday that he will be visiting Russia in mid-June for talks with government officials as well as officials of UC Rusal, the aluminium giant which owns Alpart. "The Russian Government has invited myself and a team to visit Russia and we have accepted the invitation and we will be going to Russia on or around 13th of June," said Paulwell, who was visiting Alpart in Nain, South East St Elizabeth for a familiarisation tour. "In addition to meeting at the highest levels within Rusal, we will be having discussions with the ministry of energy in Russia," Paulwell said. The minister said discussions with Russian officials would also include the future role of Russia and other BRIC member-countries in relation to "the...
Alumina says average earnings per tonne jumped at its AWAC joint venture during the first quarter of the year amid "healthy demand" and lower costs, while the longer-term outlook is likely to benefit from a global supply squeeze. Chief executive Peter Wasow said average alumina earnings before interest, tax, depreciation and amortisation (EBITDA) increased to $US102 a tonne in the first quarter of 2015 from $US85 in the fourth quarter as positive momentum from last year continued. The Alcoa World Alumina and Chemicals joint venture, in which Alumina has a 40 per cent interest, had average EBITDA per tonne of $US54 in 2014, up from $US45 in 2013. Mr Wasow told the Alumina annual general meeting today that the industry had been experiencing a strong demand-pull. "Aluminium demand growth has...
