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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Orbite Aluminae Inc. announces that it has successfully extracted the first commercial samples of heavy rare earth oxides, gallium and scandium from its aluminous clay deposit in Grande-Vallee, Quebec. With its patented and patent pending, commercially-proven technology, the Quebec clean tech company is set to become the first commercial North American rare earths, gallium and scandium producer, ahead of its closest competitors. By 2013, it plans to offer heavy rare earth separation services to third parties and to produce its own resources by 2014. Rare earths (dysprosium, erbium, neodymium, praseodymium, etc.) and rare metals (gallium, scandium, yttrium) are products of high commercial value considered scarce and seldom available in high enough concentrations to be profitable. Orbite's...
A day after halting production after the Balkan country's main gas distributor cut supplies to the company over outstanding debts, Bosnia's sole alumina plant, Birac resumed production on Thursday after two agreeing to pay part of its debt to the country's main gas distributor, BH Gas. Birac, majority-owned by Lithuania's Ukio Bank Investment Group and based in the eastern town of Zvornik, held talks with BH to seek a solution for a debt of 22 million Bosnian marka ($13.8 million). It had warned the plant was at risk of closing for good, putting its 1,900-strong workforce out of work. Birac has been struggling due to falling prices for aluminium and alumina on the world market and a rise in the price of gas.
Bio-Clean International announced that its Joint Venture partner Kyrgyz Alumina Inc., a Nevada Corporation, signed a Letter of Intent on July 20, 2012 to acquire Glinozium, LLC by exchange of shares. Glinozium currently holds concessions for three deposits of alumina, with raw reserves of 828 million tons in total, located in the southeastern part of Kyrgyzstan. Terms are still being negotiated by which the Joint Venture Corporation will own in excess of 90% of the shares of Glinozium, LLC, which is the registered holder of 100% of these alumina concessions. Under terms of the Joint Venture agreement, BCLE is a 40% owner, with Glinozium shareholders to own 40%. Mike Roth, President of Bio-Clean International stated: "We are excited for our Joint Venture partner Kyrgyz Alumina Inc. and we...
QED Connect, Inc. today announced that it has entered into letters of intent (LOI) to acquire 100% of Terra Resources and Kuma Oil, both oil and gas companies, and Kyrzyg Alumina, an aluminum mining company. Terra, through its subsidiary company NV Alliance, has oil and gas rights in the Republic of Kalmykia, a subject of the Russian Federation. Kuma Oil, a Russian company, owns oil and gas rights in the Russian territory of Perm Krai. The companies currently operate and own multiple wells and perform drilling, pumping, and transportation through the commercial distribution system. Terra and Kuma have combined proven oil reserves of 570 million barrels with an estimated value of approximately $2 billion. The companies also have future exploration rights in their respective territories....
Dentistry is an ever-evolving science that strives to utilize the most advanced technologies. New materials are developed to improve past techniques and offer better options for dentists and patients. To this end, the substance alumina has been rising in popularity, particularly in the field of dental crowns. Known by scientists as aluminum oxide, this ceramic compound was first introduced in the 1990’s and has since gained prominence in the world of dentistry. Alumina boasts both a very high melting point and an extraordinary level of stability and resistance. These qualities make alumina the perfect candidate for use both in and outside of the dental field. Aside from its dental purposes, alumina is used in fluorescent and sodium vapor lamps, hip replacements, bicycle parts, protection...
Bosnia's sole alumina plant, Birac, halted production on Wednesday after the Balkan country's main gas distributor cut supplies to the company over outstanding debts, Birac said in a statement. "Production at the Birac factory was completely halted after all gas reserves had been exhausted," the statement said. The BH Gas distributor cut supplies to the plant on Tuesday. Birac, majority-owned by Lithuania's Ukio Bank Investment Group and based in the eastern town of Zvornik, produces mainly alumina, a key raw material for the production of aluminium, and some quantities of zeolite and hydrates used in the chemical industry. The factory's management said it would hold talks with BH Gas on Thursday to seek a solution for a debt of 22 million Bosnian marka ($13.8 million). Otherwise the...
Outotec and Orbite Aluminae have agreed to terms for a project related to the Canadian company's new plant to process high purity alumina. The scope of delivery for Outotec involves both basic and detail engineering as well as providing fluidized bed technology with special Outotec equipment for decomposing and calcining high purity alumina. Both parties have agreed not to disclose the contract value. Orbite's facility is being built in Cap-Chat, Quebec. The basic raw material in the new process is aluminous clay. High purity alumina is used in a variety of high-end technology applications. Half of the world's annual production of ultra-pure alumina goes into producing synthetic sapphire which is used in fiber optics and, more recently, in LED lighting for home and automotive markets. It...
Analyzing the price chart for Alumina Limited has revealed a potential bearish inside day candle pattern. Yesterday's price range of $2.87 and $2.92 is within the prior day's high and low of the day. This trading action often signifies indecision by bulls and bears to drive prices higher or lower and often implies a possible change in trend. Owners of Alumina may want to consider a possible hedge in the event a pullback occurs. Look for confirmation in the next few trading days. Alumina Limited is an Australian resource company that produces alumina. The Company owns about forty percent of Alcoa World Alumina and Chemicals through a joint venture with Alcoa. There is potential upside of 211.4% for shares of Alumina based on a current price of $2.89 and an average consensus analyst price...
Canadian clean tech company Orbite Aluminae Inc. is pleased to announce that it has developed a patented technology that can treat red mud, the most significant waste product of the traditional Bayer process for aluminum production. The Company thus offers the only ecologically sound and commercially viable alternative to manage and eliminate these toxic residues. According to the International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA), alumina producers generated in 2011 alone more than 100 million tonnes of red mud of which only 5% was reused(1). The rest is stored in ponds and reservoirs, entailing significant environmental risks. For example, on October 4, 2010, a flood of toxic red mud devastated Hungary after a retaining dyke ruptured, causing an ecological...
A high-end technical team is to be flown into Jamaica from Russia next month to hammer out wrinkles at the United Company (UC) RUSAL-operated Ewarton Alumina Works in St Catherine, according to Mining Minister Phillip Paulwell. "I would like to inform this House that a high-level delegation from Russia is expected to visit Jamaica in August to discuss UC RUSAL's operation in Jamaica," Paulwell, who also has responsibility for the energy and ICT portfolios informed the House of Representatives during his contribution to the Sectoral Debate on Tuesday. Resolving lingering issues Paulwell, who had made what turned out to be contradictory public remarks recently regarding the future of the refinery at Ewarton Works, served notice that he would enter the talks with an open mind and a firm...
In trading on Monday, shares of Alumina Ltd entered into oversold territory, changing hands as low as $2.70 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Alumina Ltd, the RSI reading has hit 30.0 — by comparison, the universe of metals and mining stocks covered by Metals Channel currently has an average RSI of 43.8, the RSI of Spot Gold is at 43.2, and the RSI of Spot Silver is presently 39.1. A bullish investor could look at AWC’s 30.0 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the...
Orbite Alumina reports on the progress achieved in construction activities of its high-purity alumina plant in Cap-Chat, Quebec, and announces today it has selected the investment banking firm or ROTH Capital Partners as its principal American liaison as it prepares to list its shares on the American OTCQX exchange. In addition, the Company will participate in three upcoming international events in Brazil, India and England. HPA plant progress Orbite wishes to report on the progress of the work underway at its high-purity alumina (HPA) plant, which is scheduled for commissioning in late 2012. Many pieces of processing equipment have already been delivered to the plant site, notably processing tanks, water treatment units, conveyors, compressors, evaporators and product containers. The...
The National Environment and Planning Agency (NEPA) was last night investigating another effluent spill, reportedly by the West Indies Alumina Company (Windalco), that affected sections of the Rio Cobre. Natalie Fearon, manager of public education and corporate communications at NEPA, last night confirmed the incident. Fearon, however, could not state the areas that were affected or the time the spill had occurred. I can confirm that there was a spill of effluent from Windalco today but I don't have the details of what happened," she said. "I can confirm, however, that NEPA teams, enforcement teams, our laboratory teams are all responding." The bauxite facility has a permit to release the fluid, but it has to be treated to a certain extent, said Fearon. Asked whether the spilled effluent...
The State Committee for Property Affairs of Azerbaijan continues measures aimed at supporting national productions. The Committee reports that its chairman Kerem Hasanov, speaking at the SCPA Collegiate Organ’s meeting, said that the taken measures allowed start of production at facility Ganja Alumina section that ensured 1,200 jobs. “Construction of a plant on production of aluminum semi-products built in Ganja enabled to create another 300 jobs. In general, the complex of aluminum industry created in Ganja provided jobs for 600 people," Hasanov said.
Rio Tinto's coal and aluminium projects in Queensland are bouncing back, even as the Olympic sponsor keeps a close eye on three uncertain frontiers. In its quarterly report released on Tuesday afternoon and covering April, May and June, Rio Tinto Alcan found its alumina production up 8% compared to the same time in 2011. Queensland Alumina in Gladstone had recovered from flooding in 2011, plus the Yarwun refinery expansion has pumped capacity up from 1.4 million tonnes to 3.4 million. The first bauxite was processed there on July 5. Meanwhile, steel-making coal from Kestrel Mine near Emerald helped boost production even as the limping Hail Creek project near Mackay was hit by bad weather and dragline issues. Compared to the second quarter of 2011, there was a 13% increase in coal exports....
The market for smelter grade alumina is primarily controlled by integrated aluminium companies. In 2008, worldwide alumina refining capacity totalled approximately 90 million metric tons per year including non-metallurgical aluminiums. It is estimated that approximately 80% of alumina production from alumina refineries is transferred to, and consumed by, smelters owned by the same entities that own the applicable alumina refineries. The "third party" market for alumina amounts to only a third of total production although that percentage will rise as new smelter companies enter the market. Alcoa is probably the world's largest supplier of alumina to third parties but Chalco, BHP Billiton and Rio Tinto Alcan are also major third party market sellers. Glencore was a major third party seller...
Alumina Limited was downgraded by research analysts at Citigroup from a “neutral” rating to a “sell” rating in a report released on Monday. Shares of Alumina Limited opened at 2.78 on Monday. Alumina Limited has a 52 week low of $2.72 and a 52 week high of $9.87. The company has a market cap of $1.696 billion and a P/E ratio of 13.37. Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets downgraded shares of Alumina Limited from a “market perform” rating to an “underperform” rating in a research note to investors on Wednesday, July 11th. Separately, analysts at JPMorgan Chase downgraded shares of Alumina Limited from a “neutral” rating to an “underweight” rating in a research note to investors on Friday, June 8th. Finally,...
Billionaire Russian oligarch Oleg Deripaska, who is at the centre of a bitter lawsuit with a former business partner in London, has sizeable interests in Ireland. Deripaska is worth almost €14bn, according to Forbes magazine. The Aluminium mogul is locked in a bitter dispute with fellow oligarch Michael Cherney over the ownership of vast resources company RUSAL. Last week, the high court in London heard sensational claims of bribery and corruption in a series of opening statements in the lawsuit that may last until September. Deripaska's RUSAL Company owns the €900m valued Aughinish Alumina plant on the Shannon estuary. The factory is Ireland's largest manufacturing site and the largest alumina plant in Europe. Alumina is used to make Aluminium. Latest figures from the Aughinish Alumina...
