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...
Grow with
AL Circle
Nalco will add an additional one million tons per annum (MTPA) capacity by 2016 to its existing 2.1 MTPA alumina refinery in Odisha for about INR 4,570 crore, a senior company official said. A draft of detailed project report (DPR) for the expansion of the alumina refinery has been prepared and it is being scrutinised currently, the official said. He added that “after the completion of the expansion, we hope to generate additional revenue of about INR 2,000 crore and additional profit after tax of about INR 450 crore.” According to him, the 1 MTPA expansion of Nalco’s existing alumina refinery will get bauxite from Pottangi mines in Odisha, which has a reserve of about 65 million tons (MT). The company has already received in-principle approval for mining lease from the state government...
Orbite commissioned and recently received two independent capital cost and timeline estimates for completing the high-purity alumina production plant in Cap-Chat, Quebec, including the installation of the new calcination system. These were subsequently reviewed and analysed by Orbite management and engineers, and were also compared to a third estimate prepared by company’s general contractor. The Corporation is now in a position to report updated capital cost and timeline estimates to achieve the Phase II production capacity of 3 tonnes per day. In its Management Discussion and Analysis for the period ended December 31, 2012, the Corporation estimated that capital costs for the HPA plant totalling $85 million before refundable investment tax credits (or $55 million net of RITC) would be...
Ducon Technologies announced that in past 5 years the Company has built up extensive and diversified experience in the Alumina handling systems. Ducon has executed eight alumina and crushed bath projects for major aluminum producers of India. Most of these projects have been turnkey in scope and in remote parts of the country with very limited resources making site work extremely difficult. However, Ducon has managed to complete its projects in timely manner to the complete satisfaction of its clients. Ducon’s project for NALCO involved transporting Alumina through belt conveyors (1100 tons per hour capacity and over 3 km long). Ducon’s project for Hindalco required central silo extraction of alumina and loading into rail wagons at 2000 tons per hour. The Ducon system is fully automatic...
Orbite’s Board of Directors recently adopted a majority voting policy pursuant to which, the proxy forms for the election of directors will permit the shareholders of the Corporation to vote in favour of or to withhold from voting for each director nominee separately. The Chair of the Board will ensure that the number of votes, in favour of and withheld from voting, for each director nominee is recorded and made public at the Annual General Meeting, and promptly press released thereafter. If the number of proxy votes withheld for a particular director nominee is greater than the votes in favour of such nominee, such director nominee shall promptly submit his/her resignation to the Chair of the Board following the applicable Shareholders' meeting, effective upon acceptance by the Board. No...
In closing the Budget Debate, Jamaican Finance Minister Peter Phillips sought to reconcile the apparent conflict between his pronouncement and that of Minister Paulwell made earlier in the debate regarding the divestment of Clarendon Alumina Production (CAP). He approved of what Dr. Phillips said that Glencore’s offer for immediate purchase was deemed unacceptable by the Government and it has opted instead for Glencore's alternative offer of an option to purchase at any time between January 2015 and December 2020. The minister also announced another forward-sale agreement with Glencore in exchange for Glencore’s funding of CAP’s obligations going forward. Details of this arrangement, which could possibly last for the next seven and half years, especially the price at which the alumina is...
Utkal Alumina International, an arm of aluminium maker Hindalco, has just started trial production at its 1.5 million tonne a year alumina refinery in Odisha. The alumina would be the feedstock for two of Aditya Birla group’s upcoming aluminium plants, the 359 kilo tonne a year Mahan aluminium smelter, and the 359 ktpa Aditya aluminium smelter.
After lying idle for over six months, Vedanta’s one million ton alumina refinery at Lanjigarh is gearing up to resume operations by the end of this month on hopes of bauxite supplies from private miners in Gujarat and also opening of group firm Bharat Aluminum Company Kawardah mines in Chhattisgarh. Vedanta Aluminium Ltd’s refinery has been shut since December 5 last year on bauxite unavailability, putting at stake livelihood of thousands of families dependent on the plant. The company has been making frenzied efforts to source the raw material from alternative sources. “In the next three weeks, we are hopeful of restarting the refinery plant. We will operate the refinery at maximum capacity of 60 per cent. Some private miners in Gujarat have assured us around 70,000 ton of bauxite...
National aluminium company expects around 20 percent volume growth in FY14. During the year gone by, the firm's alumina refinery produced 1.802 million tonnes of alumina hydrate, which is an all-time high, against the previous best of 16.87 lakh tonne achieved in preceding year. According to Ansuman Das, CMD, Nalco, the firm is expecting 20 percent volume growth in alumina segment in current year. Nalco reported better than expected performance in the fourth quarter while its sales grew by 4.6 percent YoY to USD 329.73 million against street estimate of around USD 296.496 million. Its aluminium segment reported a positive EBIT of USD 10.60 million, compared to an EBIT loss of USD 1.07 million YoY which led to improvement in the performance.
Queensland Alumina Limited, that operates the world's largest alumina refinery has confirmed it has shelved a proposed gas-fired power station in central Queensland. The company had planned a co-generation gas power plant at its Gladstone refinery to reduce its greenhouse gas emissions, which would have powered about a third of the refinery. The refinery is minority-owned by the Russian company Rusal. Its Australian chairman, John Hannagan, says current energy policies do not favour using gas. "The Government wanted to reduce emissions and as a consequence introduced a tax to drive us to another fuel - in this case the push was for gas," he said. "Unfortunately that wasn't done and as a consequence we really don't have access to a competitive domestic fuel source." Earlier this week, the...
SMM’s survey found that alumina prices at ports are around RMB 2,600/mt in mid-to-late May, down RMB 50-100/mt from April. SMM has learned from alumina traders at Lianyungang port that continuously falling domestic alumina prices are forcing them to cut imported alumina prices. This is because alumina port inventories will only grow without price cuts and cash flows will tighten as a result. Some traders have cut alumina prices at Lianyungang port to as low as RMB 2,580/mt. The FOB price for West Australian alumina rose by USD 6/mt last week to USD 334/mt. Alumina CIF prices are as high as USD 360/mt, and after adding another 17% in tariffs, CIF prices are now higher than retail prices at ports. As a result, some traders say they may scale back alumina imports in the future. China Customs...
Global Alumina Corporation is pleased to announce that the Ministry of Mines and Geology of the Republic of Guinea has issued a No Objection Letter in connection with the previously announced sale by the Company of all of its interests in Guinea Alumina Corporation Limited to DM GAV Limited. The receipt of the NOL satisfies a material condition precedent to the completion of the transaction pursuant to the terms of the share purchase agreement entered into by the Company and DM GAV (the "SPA"). Completion of the transaction remains subject to, among other things, completion of DM GAV's acquisition of BHP Broken Hill Proprietary Company PTY Limited's interests in Guinea Alumina and to regulatory and shareholder approvals.
Queensland Alumina Limited, Australia has been named as a finalist in the 2013 Manufacturing Skills Awards, organised by Manufacturing Skills Queensland, a division of QMI Solutions. Thirty finalists were announced on Thursday. Winners of the 10 categories will be announced at an annual awards night in Brisbane on May 30. The competition, is in its fourth year. The awards are an opportunity for industry members to nominate individuals, companies and training organisations for their contribution to the Queensland manufacturing industry. QAL has been nominated for the Large Manufacturing Employer of the Year award. QMI Solutions CEO David Harrison said developing and recognising the next generation's skills through the awards was key in developing the sector. "The Manufacturing Skills...
Tesoro Corporation announced that the Federal Trade Commission has cleared the Company's planned acquisition of BP's fully integrated Southern California Refining and Marketing business. Tesoro also said that itintends to close the acquisition during the second quarter, subject to customary closing conditions. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1,075 million, plus the market value of inventory, currently estimated at $1,300 million. This amount includes a $100 million purchase price reduction for the clearance with regulatory authorities. "We are pleased the FTC has concluded its review and we can close this transformational acquisition as planned,"...
Australia Minerals and Mining Group Limited is pleased to announce that it has successfully produced 99.99% (4N) HPA (high purity alumina) using its own innovative aluminous clay (kaolin) to HPA processing technology. AMMG filed three patent applications for the aforementioned processing technology in February 2013. The Company previously announced the production of >99.9% (3N) HPA and subsequent to these results, additional trials were conducted to achieve the 4N purity. AMMG produced the 4N HPA from its unique processing technology in collaboration with its consulting processing chemists, TSW Analytical Pty Ltd. TSW Analytical was engaged in mid-2012 to refine and verify AMMG’s process and produce HPA material using that process. Mr Ric Dawson, AMMG’s managing director, said “After...
The Viet Nam National Coal-Mineral Industries Holding Corp (Vinacomin) has clarified a statement on the export of alumina. It has said that a zero tariff would apply, but that it did not extend to the export of aluminum ore, for which tariffs of 15-40 per cent were applicable. The comment followed opinions arising after the two bauxite projects, Tan Rai and Nhan Co plants in the Central Highlands, were reported to be efficient late last week, Viet Nam Economic Times reported. The opinion was that the economic efficiency was due to the group enjoyed zero preferential tax in the export of aluminum ore. This caused misunderstanding, Vinacomin said. Under Resolution 710/2008/UBTVQH12, the tariffs of 15-40 per cent were applied for iron ore and aluminum ore, not for alumina. According to...
Orbite Aluminae Inc. announced that Mr. Peter Crossgrove, Mr. Pascal Decary and Mr. Claude Lamoureux are joining the Board of Directors, effective immediately, as independent members and will be proposed by the Board for election by the shareholders at the next annual general meeting of the company, which is scheduled for June 20, 2013. "The collective experience that we are adding to our Board will strengthen Orbite on multiple levels," stated Lionel Léveillé, Chairman of the Board of Directors. "The nomination of Mr. Lamoureux strengthens the Board's capital markets acumen and shows our commitment toward improving our corporate governance practices." Mr. Crossgrove, C.M., O.O., a Member of the Order of Canada and the Order of Ontario, is currently the executive chairman of Excellon...
The government of Guinea said on Wednesday it has given approval to BHP Billiton and Global Alumina to sell their stake in a bauxite and alumina project to Dubai Aluminium Co (Dubal) and Mubadala Development Co. BHP paid $140 million in 2007 for a 33.3 percent stake in the Guinea Alumina Corp (GAC), which planned to develop the Sangaredi alumina refinery with a planned capacity of 3.6 million tonnes a year. BHP said last year it was looking to sell the stake as it restructured its aluminium division in the face of weak global demand. US based Global Alumina also held a 33.3 percent stake in the company. Dubai Aluminium (Dubal) currently owns 25 percent and the Abu Dhabi government investment vehicle Mubadala has 8.33 percent. Karim Karjan, the chairman of GAC's board, said that BHP and...
Following the immediate appointment of three independent directors to Canadian alumina producer Orbite Aluminae’s board, the company’s TSX-listed shares on Tuesday jumped more than 28% in value to make up some of the ground it had lost since the start of the year. Orbite announced that Peter Crossgrove, Pascal Decary and Claude Lamoureux had joined the board and would be up for shareholder election at the company’s annual general meeting on June 20. "The collective experience we are adding to our board will strengthen Orbite on multiple levels,” chairperson Lionel Leveille said. Lamoureux’s nomination was expected to strengthen the board's capital market acumen and showed Orbite’s commitment toward improving its corporate governance practices. Crossgrove's depth and breadth of management...
