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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Reuters reported that China is likely to import at least 2.5 million tonnes of alumina in the second half of 2012 matching record high purchases so far this year, as domestic prices for the Aluminium raw material remain above import costs. Industry sources said that China is the world's top Aluminium producer. It used to be the world's leading alumina importer until last year, when local refineries boosted production.
Russia's Rusal, the world's largest aluminum producer, denied on Friday it plans to close its last working enterprise in Jamaica and lay off 600 workers, Izvestia daily newspaper reported. The Jamaica Observer reported this week that Minister of Science, Technology, Energy and Mining Phillip Paulwell told the country's parliament on Tuesday RusAl will shut the Ewarton alumina plant for a year from October due to the downturn in the bauxite sector amid falling demand in the global economy. Paulwell also said the possible closure would mean all three RusAl in Jamaica enterprises would be non-operational, with Kirkvine and Alpart having been closed since 2009. "The company's board of directors plans to determine at a meeting in September 2012, the enterprises where production capacities...
Alumina Limited was downgraded by analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating in a research report issued to clients and investors on Wednesday. AWC has been the subject of a number of other recent research reports. 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. Separately, analysts at Bank of America upgraded shares of Alumina Limited to a “neutral” rating in a research note to investors on Friday, June 1st. Finally, analysts at Goldman Sachs upgraded shares of Alumina Limited from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, May 22nd. Alumina Limited opened at 2.88 on Wednesday....
Alumina (NYSE:AWC) is one of today's worst performing low-priced stocks, down 6.7% to $2.92 on 1.2x average daily volume. Thus far today, Alumina has traded 412,000 shares, vs. average volume of 337,000 shares per day. The stock has underperformed the Dow (-6.7% to the Dow's -0.2%) and underperformed the S&P 500 (-6.7% to the S&P's -0.5%) during today's trading. Over the past year, Aluminahas traded in a range of $2.91 to $9.87 and are now at $2.92. The 200-day and 50-day moving averages have moved 0.81% lower and 2.49% lower over the past week, respectively. 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. Potential upside of 208.2% exists for Alumina,...
In any other town the word "bauxite" doesn't mean much. In Gladstone, pretty much everyone knows that bauxite is the red stuff that feeds the region's alumina refineries. Another term that has become synonymous with the Gladstone Region is Yarwun 2, the $2.4 billion expansion of Rio Tinto Alcan's Yarwun Alumina refinery. After five years of hard graft, Yarwun 2 passed its most historic landmark at the weekend. The first bauxite was fed into the new facility and, for the first time, Yarwun 2 began producing alumina. In effect, Yarwun 2 has stopped existing - it is now part of the overall refinery. The facility's general manager of operations Mike Dunstan said the moment was a big one, especially considering it was a couple of years overdue. The financial crisis in 2008 threw a major...
Alumina Limited is reviewing a $US45 million pre-tax settlement charge booked by its joint venture partner Alcoa in relation to a Bahrain bribery case. The Australian-listed company, commenting today after Alcoa's quarterly earnings release, said that it was evaluating the basis for the $US45m charge and its attribution to Alcoa World Alumina. Alumina added that it was engaged in discussions with Alcoa over the charge. Alumina owns a 40 per cent stake in the Alcoa World Alumina and Chemicals joint venture, which is its only asset, while Alcoa holds the remaining 60 per cent. Alcoa outlined in its quarterly results, released in the US overnight, that it proposed to settle the civil suit with Aluminium Bahrain by offering a cash payment of $US45m. It also estimated an additional possible...
More than three years on and a $4.3 billion project to build a bauxite mining and alumina refinery in Cameroon is still waiting for a mining permit, a company executive said on Friday. India's Hindalco, Dubai Aluminium Company (Dubal) and Hydromine Inc announced plans for their Cameroon Alumina Ltd (CAL) joint venture in 2008. The project plans to tap bauxite reserves at Minim-Martap and Ngaoundal deposits in the Adamawa region of northern Cameroon. "The kick-off of our project is so far delayed because we don't yet have a mining permit," CAL Deputy General Manager Joel Sinquin, told Reuters in an interview. "We are pushing negotiations with the government and our hope is to be granted the licence as soon as possible, maybe before the end of this year or early next year." CAL had aimed to...
UC RUSAL the world's largest aluminium producer, announces the development and realization of the technology of nepheline powder production from nepheline mud, which is expected to boost the consumption of recycled waste by several multiples of the current level. The expected annual economic benefit is expected to amount to RUR100 million. RUSAL's Engineering and Technology Centre developed the nepheline powder production technology from nepheline mud through tossing, regrinding, pressing and drying. Nepheline powder is in high demand in the concrete, mining and road construction industries. The technical specification of the nepheline powder provides the company with lower railway tariffs. This technology forms a part of the overall "Zero-Waste Alumina Production" project. The project...
Perth based bauxite explorer and developer Bauxite Resources Ltd is pleased to confirm the appointment of bauxite mining, alumina refining and aluminium smelting industry leader Mr Bill Moss who will take up the role of General Manager with Bauxite Alumina Joint Venture on 2 October 2012. Mr. Moss is a qualified Electrical Engineer from the University of Western Australia and spent 15 years with Alcoa working in the Darling Range of Western Australia: initially as Willowdale mine manager and subsequently at the Wagerup and Pinjarra alumina refineries where he oversaw the commissioning of the 600,000 tonne Pinjarra alumina refinery expansion project completed in 2006. For the past six years Mr Moss has been involved with the Ma'aden bauxite/alumina/aluminium project in Saudi Arabia...
RIO Tinto has completed construction on the $2.4 billion expansion of its Yarwun alumina refinery and has begun the process of ramping up to full production next year. "The Yarwun expansion project will more than double production at the refinery to 3.4 million tonnes of alumina per year, making Rio Tinto Alcan the world's leading bauxite and alumina producer," Armando Torres, chief operating officer for bauxite and alumina at Rio's Alcan aluminum division, said. Mr Torres said the focus for the remainder of the year would be to bring the expanded plant safely into stable operation and gradually increase its production capacity. The Yarwun plant, located 10 kilometers northwest of Gladstone in central Queensland, began refining bauxite into alumina in 2004.
Orbite Aluminae Inc. is proud to announce it produced its first commercial samples of high-purity alumina (HPA) at purity levels of 99.999% (5N). This achievement follows the production of 99.99% (4N) purity HPA that that the Company previously achieved in 2011 while the market is transitioning to higher purity levels. Consequently, Orbite continues to upgrade its technical capabilities to produce not only 4N and 5N HPA but also to achieve 99.9999% (6N) purity level. The 5N samples were pre-tested by independent laboratory Evans Analytical Group (EAG), which confirmed their compliance with the Company's and market purity specifications. These samples will shortly be sent to selected collaborators, designated based on their HPA needs, their intent to increase consumption of this type of...
Owing to oversupply of alumina, Chinalco has decided to reduce alumina capacity of 1700 thousand tons, together with the key alumina enterprises of NanShan Group, Shandong Chiping Xinfa Group, Binzhou High and New Aluminum Power Co., Ltd and Bosai Group to appeal alumina enterprises conducted 10% reduction from June in order to balance market. According to the measure and calculate, the average full cost of Chinese electrolytic aluminium enterprises was about 16500 yuan/ton, electric power cost occupied 40% of the whole production cost.
Global Alumina Corporation announced today that its board of directors have determined the annual general meeting of the Company's shareholders will take place on September 6, 2012. The record date for the determination of shareholders entitled to receive notice of and vote at the annual general meeting has been fixed as August 3, 2012. Further particulars regarding the specific time and venue for the meeting will be provided in the management information circular and proxy statement that is expected to be sent to shareholders of record in August. About Global Alumina Global Alumina has a one-third equity interest in a Guinean alumina refinery development joint venture, with its joint venture partners BHP Billiton, Dubai Aluminium Company Limited and Mubadala Development Company PJSC...
Orbite Aluminae's president and CEO describe plans to conquer part of the high purity and smelter grade alumina industries. Orbite has started construction on an expanded facility where it expects to start producing 1,000 tonnes a year of high purity alumina (HPA), along with rare earths, starting in 2013. The economics of the HPA plant, step one for Orbite in a greater quest that also involves taking on more conventional smelter grade alumina (SGA), are looking good. "We expect margins in the 80 to 90% once in steady state production," Boudreault said. High-purity alumina is not the stuff of kitchen pots and pans. It is used in high tech applications especially in the aerospace, automobile and electronic industries. It is not a massive market, nor is it a miniscule one. And it is...
This report has firstly introduced Activated Alumina definition classification industry chain etc relation information. Then introduced Activated Alumina technology and manufacturing process. And then Summary statistics of Global and China major Activated Alumina 2009-2016 Activated Alumina capacity production supply demand shortage and Manufacturers (global 17 manufacturers China 12 manufacturers) Activated Alumina production Market Share and also introduced Activated Alumina selling price cost profit margin and production value. And then also introduced global and China 17 major Activated Alumina companies basic information, 2009-2016 Activated Alumina capacity production price cost profit margin and production value etc details information. In the end, this report introduced Activated...
Orbite Aluminae, Inc. C3Wednesday struck a tentative deal with India's Nalco that will see the gold and precious metals company test its technology on ore and red mud residue. Nalco, or National Aluminium Company Limited, was established in 1981 as a public sector enterprise of the government of India. It is Asia’s largest integrated aluminium complex, encompassing bauxite mining, alumina refining as well as aluminium smelting, power generation and rail operations. Montreal-based Orbite signed a memorandum of understanding Wednesday to test its technology on Nalco’s ores like: gibbsite, boehmite and also on Nalco’s red mud residue left after refining bauxite to produce alumina. Recent test results illustrated Orbite's process can isolate components found in red mud and remediate them as...
Bio-Clean International, Inc. announced that the Company has entered into a Joint Venture agreement with Kyrgyz Alumina Inc., a Nevada Corporation. Under this agreement, the two corporations will form a new limited liability corporation which will seek to acquire mining interests, ore and mineral concessions in Eastern Europe and the United States. Several sites and assets have already been identified and targeted, and the newly formed corporation, which will be 40% owned by BCLE, hopes to have an agreement in place for an acquisition of rights to major aluminum concessions and operations though Kyrgyz Alumina over the next 30 days. Following that, the company will seek funding through a private placement of its securities. Mike Roth, President of Bio-Clean International, stated: "This is...
Two residents told federal officials at a public hearing Tuesday night they may intervene if a liquefied natural gas export terminal gets green-lighted for a permit. The Federal Energy Regulatory Commission had a public hearing to gather comments and answer questions about a project planned by Cheniere Energy through its subsidiary, Corpus Christi Liquefaction. The public hearing is part of the process as Cheniere readies to file an application with the commission. The company plans to file the application in August and hopes to obtain approval by September 2013. Construction on the $10 billion plant is estimated to start in 2014. Tom Ballou Jr., with Sherwin Alumina Company, which borders the site of the proposed plant, said he has public safety concerns. Specifically, flaring could...
