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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Alumina Limited was downgraded by equities research analysts at UBS AG from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. Separately, analysts at Bank of America upgraded shares of Alumina Limited from an “underperform” rating to a “neutral” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold”. Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals.
ALUMINA'S chance of posting a profit for last year was thwarted by its exposure to the $US548 million in fines, costs and settlement payments by US aluminium giant Alcoa to bring corruption charges in the Alba case to an end. The Melbourne-based Alumina, a 40 per cent partner with Alcoa in the global alumina alliance AWAC, yesterday posted an underlying loss for 2013 of $US2.7m ($3m). While that was a big improvement on the $US62m loss in 2012, it was after a $US16m charge related to the Alba case ($US34m charge in 2012). Alcoa, the managing partner of AWAC, brought the shutters down on the long-running civil and criminal proceedings in the Alba case in a $US384m agreement in January to resolve charges brought by US regulators that AWAC used a middleman to pay tens of millions of dollars...
HUDSON RESOURCES INC. is pleased to announce updated results for its alumina (aluminum oxide) development program on the calcium feldspar anorthosite from its White Mountain Project in Greenland. The objective of this phase of testwork is to produce smelter grade alumina (SGA) that meets both the chemical purity and physical specifications required by the aluminum industry. Hudson, under the supervision of Hudson's consulting metallurgist, John Goode, P. Eng., has now generated a number of alumina samples at SGS Lakefield's laboratory facilities in Ontario. The process involves three key stages, 1) leaching the anorthosite in hydrochloric acid ("HCl"); 2) sparging the leach solution with HCl gas to form aluminum chloride hexahydrate ("ACH") crystals; and 3) calcining the ACH at high...
Alumina Ltd has swung back to profits but warned that the market conditions for aluminium will remain challenging throughout this year. Last year, Alumina made a net profit of $US500, 000, a much better turnaround compared to its $US55.6 million loss in 2012. At the same time the joint venture of Chemicals (AWAC) and Alcoa World Alumina recorded a total revenue of $US5.885 billion, a bit higher than $US5.815 billion the last year. AWAC is a joint venture between Alumina (40%owned) & Alcoa Inc (60 %owned). Alumina did not pay the final dividend. Peter Wasow , the chief executive officer of Alumina said the net profit of the group was a significant improvement last year. "Despite challenging market conditions, Alumina’s overall financial position improved over the year and its balance sheet...
This year, International Bauxite, Alumina and Aluminium Society (IBAAS) is associated with a number of interesting events from the aluminium industry. IBAAS is the organising partner of Asian Metal Conference to be held during May 28-30, 2014, Yantai, Shandong, China. The Shandong province is presently a hub of bauxite-alumina refineries of China and this will provide an excellent opportunity for bauxite mine owners, traders and alumina refiners to witness the latest developments in bauxite import and effect of Indonesia’s export restriction. 18th International conference on Non-ferrous Minerals and Metals would be held during July 11-12, 2014 in Nagpur and it would be organized by Corporate Monitor in association with IBAAS. This will mainly focus on latest developments in the field of...
The Board of Directors of Orbite Aluminae Inc. announced that Mr. Glenn Kelly, previously Executive Vice-President and Chief Operating Officer of the Company, has been named President and Chief Executive Officer. Mr. Richard Boudreault is stepping down from the position of President and Chief Executive Officer of the Company and has resigned as director of the Company effective immediately. Mr. Boudreault will remain available to the Company as a consultant for 6 months. Orbite Aluminae Inc. is a Canadian cleantech company whose innovative and proprietary processes are expected to produce alumina and other high-value by-products, such as rare earth and rare metal oxides, at one of the lowest costs in the industry, and in a sustainable fashion, using feedstocks that include aluminous clay,...
According to recent reports, Apple has been pushing to make its sapphire production operational and running in time for the release of its next flagship phone. Apple has started including sapphire technology into its devices but not as full scale as a sapphire screen. The camera of the iPhone 5s features a sapphire glass protection. Likewise, the new home button/fingerprint scanner on the iPhone 5s sports sapphire glass. Although it is called a glass, the sapphire glass is not entirely a glass. It refers to a single crystal made of transparent sapphire. Sapphire is manufactured synthetically. The process involves dipping a little piece of sapphire or seed crystal in molten alumina (Al2O3). After dipping, the seed crystal is drawn upwards. This creates extremely long carrot-shaped crystals...
Chinese alumina importers are expecting lower prices this week, with local demand weak and aluminium prices still depressed. No deals were heard this week and offers were in the range of $340-350 per tonne cif China, according to market participants. Last week offers were around $357-358 per tonne. Some importers said they would accept $330-333 per tonne fob Australia, compared with $335 last week. “We don’t intend to buy anything this week. The aluminium price is weak and many are expecting alumina prices to fall as a result,” a major importer said. On Thursday February 13, the Shanghai Futures Exchange benchmark April aluminium closed at 13,375 yuan ($2,191) per tonne, down 4.4% from last year’s close of 13,990 yuan per tonne. The contract hit 13,235 yuan per tonne on Tuesday, the...
Hydro has reported its fourth quarter 2013 and full year earnings. For the full year, underlying EBIT rose to 2,737 million from 1,297 million in 2012 despite the fall in EBIT in the fourth quarter. Fourth-quarter underlying EBIT for the Bauxite & Alumina business area was, however, lifted by improved production at the Alunorte alumina refinery in Brazil, following several disruptions in 2013, offset by claims relating to ICMS taxes. "I am pleased to report that production at Alunorte is back at production levels seen in 2012, providing stable supplies of top-quality alumina. Stable and sound operations at Alunorte remain a key priority in 2014," says Hydro President and CEO Svein Richard Brandtzæg. "However, stable and predictable framework conditions are absolutely critical to Hydro...
Metal Bulletin’s fob Australia alumina index settled at $334.57 per tonne on Friday February 7, from $335.35 previously, as China took all the spot business reported to MB even during the Lunar New Year holiday. The index has stayed at about $335 per tonne since the beginning of the year as spot market activity has been mostly confined to sales into China. “Despite the Chinese New Year [holiday], we sold several cargoes [into China] early [last] week,” a trader said. “The Chinese have been working from home.” Deals were reported mostly at $357/358 per tonne on a cif China basis, which nets back to about $335 on a fob Australia basis. The cargoes came from the Atlantic region, however, where there is good availability of units. “The market is long in the Atlantic. There are people looking...
THE major expansion of operations at BHP Billiton Worsley Alumina is now officially complete with the refinery reaching its nameplate capacity of 4.6 million tonnes per annum. The major milestone has been reached in Worsley’s 30th year of operations in the South West, with celebrations planned to mark the anniversary later this year. Worsley asset president Ricus Grimbeek said the achievement was testament to the dedication of employees and contractors who had worked hard to ramp-up production safely and cost effectively. The expansion project started in 2008 and included the extension of Worsley’s mining operations near Boddington, an increase in capacity at its Collie refinery and the upgrade of Bunbury port facilities. “The expansion period was a challenging yet exciting time for...
China's ex-works Henan alumina price remained flat at Yuan 2,520/mt ($412.50/mt) at 30% credit payment terms Friday, as the Chinese market returned from an extended holiday to celebrate the Lunar New Year. China was closed January 31-February 6. Spot activity was lacking Friday as market participants were settling back, and heavy snow in Henan this past week impacted transport and further dampened trade. "The snow affects delivery and everyone is just back from holidays anyway, so there's no rush to trade. There'll be clearer direction next week," a Henan smelter source said. "We've not even started asking about prices yet, and no one has offered either. Next week should be clearer," a Chinese trader added. Two Henan refiners agreed, saying they were now reviewing current market...
The Federal Court has rejected a legal challenge to a mining lease agreement between Northern Territory based Aboriginal traditional land owners and the mining giant Rio Tinto. In 2011, a 42-year lease agreement was approved by the Federal Government over land used for East Arnhem Land based Gove alumina refinery near Nhulunbuy .Djiniyini Gondarra , the Aboriginal leader, estimated the deal was worth $19 million per year to the Aboriginal clan groups based in the area. He said even some groups did not receive any money. On Dhurili nation’s behalf Dr Gondarra started the legal action, arguing that lease as well as the agreement was invalid as the Northern Land Council (NLC) could not consult properly or advise all the relevant clans. At one point, Dr Gondarra had suggested the Dhurili...
Montreal's Orbite Aluminae Inc. is stepping into the international scene via an exclusive partnership with European-based waste management giant Veolia Environmental Services to build plants to treat and recycle the toxic red mud generated by the Bayer alumina production process. They plan to get their first red-mud treatment plant, possibly in Europe or Asia, operating within two years, with Orbite providing its patented technology now in final development at Cap Chat in the Gaspé and Veolia contributing the operating know-how, marketing and capital, Or-bite CEO Richard Boudreault said. "We can help the aluminum smelting industry deal with its most urgent environmental challenge just as demand is growing again," he said in an interview. "The treatment plants will be located near existing...
Rio Tinto, the mining giant, will shut down its alumina refinery on Gove peninsula in Arnhem Land. This is a part of their five-month operation that will finally result in closure of the plant by August. Last week the plant had distributed almost 90 redundancy notices. It has been scheduled that 350 of the present workforce comprising of 1500 would be redeployed and the consequences will be devastating for northeast Arnhem Land. From today onwards, workers will embark on a 2 day operation and plan to stop one of the three parallel bauxite digestion trains of the plant. The other two will stop functioning on April 1 and June 1 respectively, with reductions in employment. It takes about 2 months for each train to place in care and maintenance mode. Anthony Havers ,a company spokesman, ,...
Orbite Aluminae inc. ("Orbite" or the "Company") is pleased to announce it was granted a 4M$ non-interest bearing repayable financial contribution from Canada Economic Development for Québec regions. The announcement occurred at Orbite's technology development center in Laval, Québec, by the Honorable Denis Lebel, the Federal Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Québec. "We are very thankful for the confidence and financial commitment provided by the Agency which will be dedicated to the purchase and installation of our alumina calcinator, a key element in our high purity alumina production facility" declared Glenn Kelly, Orbite's Chief Operating Officer and executive VP. "We are...
Orbite Aluminae Inc., announced today its first update on the construction and optimization activities of its high purity alumina (“HPA”) production facility located in Cap-Chat, Québec. As disclosed in previous press releases, Orbite still anticipates a 12-month execution timeline following the recent raising of the necessary capital (see December 10, 2013 press release), comprised of the following general phases: - Design review of the HPA facility, expected to be completed by April 2014 (3 months); - Ordering and delivery of long lead items, including the calcination equipment, and detailed engineering for the upcoming construction (6-7 months); - Installation / construction and start-up period (2-3 months). Orbite has selected engineering firms Seneca, previously involved in the...
iAbrasive, an international marketplace for the online purchase and sales of abrasives products only, gives a report showing that refractory market has seen a slight decline in 2013. According to the analyses, the price of refractory materials shows a downward trend in 2013 due to the changes in electrolytic aluminum industry and environment protection policies enacted at the beginning of the year. As a result, a 5.7% decline has been seen in the white fused alumina market and a 1.2% decline in brown fused alumina market when comparing with the price in 2012. However, the situation will turn better with the rebound in the global economy in 2014. Generally, refractory materials, including aluminum oxide, flake graphite, bauxite, brown fused alumina, white fused alumina and black silicon...
