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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Iranian Ministry of Industry, Mines and Trade on Saturday signed a 9.3 million euro worth contract with a German company for implementation of a project to produce Alumina Powder near the city of Sarab in northwestern Iran. Deputy Minister of Industry, Mines and Trade Mahdi Karbasian told the signing ceremony in Tehran that the project could serve economic development of East Azarbaijan province. Karbasian said the implementation of the project in the country would lead to producing an additional 200,000 tons of Alumina Powder, as raw material for producing Aluminum bars. He said the project is projected to be completed within eight months and once completed it is expected to lead to direct employment of 2,000 persons and indirect employment of 10,000 others. The city of Sarab is located...
The 8% export duty on Australian alumina has been removed under the China-Australia Free Trade Agreement signed on November 17, but this move will have little impact on Australian alumina exports to China, Shanghai Metals Market understands. The current FOB price of Western Australian alumina is $ 355 per tonne, and this already excludes the 8% export tariff under most favored nation status. Australia is China’s largest alumina supplier. China imported 2.36 million tonnes of Australian alumina January-September, 60% of its total imports. Australia is also a major supplier of bauxite to China. China imported 11.44 million tonnes of bauxite from Australia January-September, up 5% year-on-year to make up 41% of China’s total imports.
The construction of Constellium-UACJ Body in White, the $150 million automotive aluminium sheet plant in Kentucky Transpark is proceeding on schedule and on budget. The groundbreaking was done in July this year, the steel structure is supposed to be completed by March and the equipment should be installed by the third quarter of 2015. The first aluminium coil production line is expected in December 2015 while commercial shipments should be ready to send by mid-2016. Markus Wild, the CEO of the plant says that construction is running as scheduled. The European company Constellium and Japan’s UACJ are joining hands for the project where both will provide a combined initial target capacity of 220 million pounds of cold-rolled aluminium foils which will be processed an treated in Bowling...
By December 2016, a leading specialty cement firm named Kerneos Aluminate Technologies promises to bring its proposed INR 120 crore project to India for producing calcium aluminate cement. The proposed project will be a greenfield unit due to be set up in the Vishakhapatnam region in Andhra Pradesh. Marc Bianchi, president & CEO of Kerneos says that they are eager to build a project in India and the port location of Vishakhapatnam will have multiple benefits. The position of the plant would give better access to the eastern regions where a large part of the customer base lies. Moreover, import of raw materials as well as possible export options in future will be possible. The Vishakhapatnam project will be the seventh project for Kerneos worldwide, with an initial capacity of 30,000...
Altech Chemicals Limited is pleased to announce that it has selected the Tanjung Langsat Industrial Park in Johor Bahru (JB), the capital city of Johor state, Malaysia, as the preferred location for its proposed high purity alumina (HPA) processing plant. The Company recently concluded an evaluation of the south-east Asia Pacific region, with a number of possible site locations for the construction of a HPA processing plant identified and considered, including Kwinana, Western Australia. The final selection of a preferred site in Malaysia was based on significant economic and developmental benefits of the construction and operation of a HPA plant in the Tanjung Langsat Industrial Park, Including the ready availability of required consumables such as hydrochloric acid, sulphuric acid,...
WA miners and farmers stand to be the biggest winners from the nation's biggest-ever trade deal that is set to be signed today between Australia and China. Prime Minister Tony Abbott and Chinese President Xi Jinping will formally sign a free trade agreement that will slash almost every single tariff on Australian mineral, energy and manufacturing exports while delivering much improved access for the nation's farmers to the world's biggest consumer market. Negotiations on the deal started almost a decade ago, with the final agreement expected to deliver a boost to the Australian economy of at least $18 billion within nine years. The West Australian understands the 8 per cent tariff on alumina imports, the 3 per cent tariff on nickel, the 10 per cent tariff on titanium and the 3 per cent...
The Mining Minister of Jamaica, Phillip Paulwell has given Rusal UC an ultimatum to restart the mothballed Alpart bauxite/alumina plant in Nain, St Elizabeth by December 31 or else there would be consequences. Last Wednesday, Paulwell addressing the audience at the Young Entrepreneurs meet telling them about this warning to Rusal saying that if they failed to do so, the mining lease would be revoked and given to someone else who would be able to work on it. Paulwell says that the aluminium scene is improving around the world generating increased interest in the Jamaica’s bauxite resources. Being the energy, science and technology minister he also knows that oil prices are also falling over the past few months, which has renewed optimism in the sector. He is looking to boost new industries...
Alumina Limited was upgraded by analysts at Goldman Sachs to a “neutral” rating in a research report issued to clients and investors on Monday. A number of other analysts have also recently weighed in on AWC. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Alumina Limited in a research note on Wednesday, October 29th. They now have a $2.25 price target on the stock. Shares of Alumina Limited traded down 0.28% during mid-day trading on Monday, hitting A$1.765. The stock had a trading volume of 14,174,241 shares. Alumina Limited has a one year low of A$0.935 and a one year high of A$1.775. The stock’s 50-day moving average is A$1.67 and its 200-day moving average is A$1.51. The company’s market cap is A$4.952 billion. Alumina Limited, is an Australia-based company.
ASX-listed MetroCoal has made strides in its takeover of fellow-listed Cape Alumina, after major shareholder China Xinfa Group Corporation accepted MetroCoal’s offer for its 12.1% shareholding. MetroCoal’s total shareholding in Cape Alumina now exceeded 90%, and the company said on Monday that it would proceed to launch a compulsory acquisition of the remaining shares. Under its current takeover target, MetroCoal is offering Cape Alumina shareholders one of its own shares for every 1.3 Cape Alumina shares held. MetroCoal said the takeover was in the best interest of all shareholders, as it allowed the company to focus its resources on the development of the Bauxite Hills project, and to realise the benefits and savings available to the merged entity. A prefeasibility study previously...
Goldman Sachs Groups Inc. predicts that in order to spur supply of alumina, which is currently in deficit, the price of alumina needs to be increased. After the Indonesian ban, the bauxite reserves across the world are rapidly falling, which in turn has caused the Chinese alumina output growth to fall. According to the Goldman analysts, the price of alumina has to increase to $370/mt by next year’s second quarter and in the second half of 2015, it should be touching $380/mt to encourage supply growth and urge the Chinese refineries to use the more expensive imported bauxite. They also said, the alumina supply deficit is likely to be around 639,000 tons in 2015 increasing from the recorded 138,000 tons in 2014. The hike in the alumina prices will also spur new bauxite development and...
Orbite Aluminae Inc. announced today the filing of its third quarter and nine months ended September 30, 2014 financial results. Third Quarter Highlights are provided below: All dollar amounts are in Canadian dollars unless stated otherwise. • Mechanical installation of the decomposer and calcinator has been completed per the Company’s earlier communicated timeline. • Extensive testing confirms consistency of front-end process performance and suitability of refractory materials to yield HPA meeting high-end market specifications. • Company has decided to include additional de-risking step in refractory completion to pre-empt potential long-term mechanical stability issues with certain delivered refractory materials. Consequently, management anticipates commercial production for Q2 2015. •...
China imported 344,400 mt of alumina in September, down 23.58% YoY and 1.71% MoM, customs data showed. The MoM decline was because rising alumina prices depressed Chinese aluminum smelters’ appetite for imported alumina. The FOB price of Australian alumina rose 10% from USD 320/mt in late August to USD 352/mt in late September. YTD imports through September surged 58.39% YoY to 3.92 million mt. The commissioning of new alumina capacity in China did not keep pace with that of new aluminum capacity in west China. This boosted demand for imported alumina and drove a significant rise in alumina imports for the first three quarters. Import volumes look set to surpass 5 million mt throughout this year as aluminum smelters will stockpile goods towards the year’s end.
Alunorf, the world's largest aluminium rolling plant and a 50-percent Hydro joint venture, has won an Energy Award 2014 from the German Energy Academy. The Energy Awards 2014 were recently presented at a ceremony in Berlin, with more than 300 guests from politics, economy and science present. The Energy Awards each year honor the best innovations and ideas in the energy sector, so they are the “Oscars” of the energy turnaround in Germany. The award for “Industrial Facility of the Year” was given to Alunorf project manager Olaf Trepels and Energy & Environment specialist Johann Giemsa, together with Thomas Mock, Director Public Affairs of Hydro’s Rolled Products business. The trophy for the plant in Neuss, Germany, acknowledges a step-change innovation in the annealing of aluminium coils,...
Alunorf, the world's largest aluminium rolling plant and a 50-percent Hydro joint venture, has won an Energy Award 2014 from the German Energy Academy. The Energy Awards 2014 were recently presented at a ceremony in Berlin, with more than 300 guests from politics, economy and science present. The Energy Awards each year honor the best innovations and ideas in the energy sector, so they are the “Oscars” of the energy turnaround in Germany. The award for “Industrial Facility of the Year” was given to Alunorf project manager Olaf Trepels and Energy & Environment specialist Johann Giemsa, together with Thomas Mock, Director Public Affairs of Hydro’s Rolled Products business. The trophy for the plant in Neuss, Germany, acknowledges a step-change innovation in the annealing of aluminium coils,...
Alunorf, the world's largest aluminium rolling plant and a 50-percent Hydro joint venture, has won an Energy Award 2014 from the German Energy Academy. The Energy Awards 2014 were recently presented at a ceremony in Berlin, with more than 300 guests from politics, economy and science present. The Energy Awards each year honor the best innovations and ideas in the energy sector, so they are the “Oscars” of the energy turnaround in Germany. The award for “Industrial Facility of the Year” was given to Alunorf project manager Olaf Trepels and Energy & Environment specialist Johann Giemsa, together with Thomas Mock, Director Public Affairs of Hydro’s Rolled Products business. The trophy for the plant in Neuss, Germany, acknowledges a step-change innovation in the annealing of aluminium coils,...
The Rusal Aughinish refinery in Ireland receives regular shipments of bauxite from Guinea in West Africa which is the third most Ebola affected area after Liberia and Sierra Leone. The company officials however claim that none of their workers have contracted the disease yet due to their stringent safety measures. The company reveled in a statement, “At RUSAL Aughinish we place the highest value on the health and safety of our employees, contractors and visitors. Our safety programmes and performance, our health facilities and our practices and procedures confirm this. In line with this, the response to the possible threat of the Ebola virus has been timely, swift and comprehensive.” There have been no reported cases of Ebola at the Port Kamsar which is the point from where the bauxite is...
Orbite Aluminae provides an update on the construction of its 3 tonnes per day high purity alumina (“HPA”) plant in Cap-Chat, Québec. Mechanical installation of the decomposer and calcinator has been completed per the Company’s earlier communicated timeline (see press release dated September 6, 2014). The next major step in the construction is the installation of the refractory package consisting of 180 tonnes of bricks, mortar and castable in the decomposer and calcinator. Quality Control testing by the Company’s Technology Development Centre (“TDC”), which is part of Orbite’s Quality Assurance program, reconfirmed the suitability of the refractory products for achieving the required high purity levels during decomposition and calcination. Further testing, however, did identify...
Inner Mongolia Mengxi High-Tech Group started trials on its 200,000-tpy alumina project in Inner Mongolia on October 25, local media reported yesterday. The project, with total investment at 2.5 billion yuan ($ 410 million), will source coal ash, a waste of byproduct of thermal power generation as raw material, it added. The company is planning to extend its value chain to capitalize on rich coal resources there.
