Nanshan Aluminium International Holdings has reported that overseas alumina prices averaged around USD 321 per tonne in the first nine months of 2026, down approximately 22 per cent year-on-year. The update highlights a third-quarter (Q3) price recovery following a subdued first half, supported by new overseas aluminium smelting capacity and supply constraints at some alumina refineries. The update centres around the unaudited nine-month results of Nanshan Aluminium International’s controlling shareholder, Shandong Nanshan Aluminium Co., Ltd., for the nine-month period ended September 30, 2026. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook "...
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....
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India's state-run National Aluminium Co Ltd (NALCO) sold 30,000 tonnes of alumina at close to $323 a tonne free-on-board via a tender, a senior company official told Reuters. The alumina, which will be shipped this month, was purchased by a European trader, Nalco's commercial director Ansuman Das said on Wednesday. NALCO, whose tenders serve as an international benchmark, last month sold 30,000 tonnes of alumina for about $324 a tonne free-on-board to a Hong Kong-based trader.
Aluminum Corp. of China Ltd. (2600.HK) plans to raise up to CNY8 billion ($1.25 billion) in a private placement of shares to fund alumina projects and supplement working capital, it said late Thursday. The company, known as Chalco, plans to place up to 1.25 billion yuan-denominated shares with up to 10 institutional investors at an offering price subject to regulatory approval. The placement will have a 12-month lock-up period, it added. Proceeds will fund the Xing Xian alumina project and the Zhongzhou Ore-dressing Bayer Process expansion construction, as well as working capital.
Orbite Aluminae Inc. /quotes/zigman/6963218 CA:ORT -3.46% ("Orbite" or the "Company") has announced the successful conclusion of its Cap-Chat pilot phase and has thus ended pilot operations in order to launch the plant's conversion to commercial-scale production of high-purity alumina (HPA). The Company plans on producing one tonne of high-purity alumina per day when production begins in 2012, increasing to up to five tonnes per day in 2013. The basic engineering phase for the high-purity alumina plant has been finalized with the assistance of large national and international engineering firms, while the detailed engineering phase is progressing according to the set timetable. Orbite expects to commission the Cap-Chat high-purity alumina plant by the end of 2012 and is targeting a gradual...
Saudi Arabian Mining Co. (1211.SA), or Maaden, said Monday it has awarded South Korea'sHyundai Engineering & Construction Co Ltd. (000720.SE) a contract worth $1.5 billion to build the alumina refinery for its joint venture project with U.S.-based Alcoa Inc. (AA) in the kingdom. The joint venture, known as Maaden Bauxite and Alumina Co., has signed a letter of intent to award Hyundai E&C a contract to build the alumina refinery, the company said in a statement posted on the Saudi market website. The duration of the contract will be 29 months from the date of signing it, according to the statement. Maaden Bauxite and Alumina Co. is owned 74.9% by Maaden and 25.1% by Alcoa and comprises a bauxite mine and an alumina refinery project. It is the second phase of the $10.8 billion,...
Australian shares fell in early Tuesday trading, taking cues from a weak finish for US stocks on concerns about slower global growth, while markets saw a rise in Japan. The benchmark S&P/ASX 200 in Sydney lost 0.5 percent, to hit 4,240.90. Major miners lost ground, with BHP Billiton Ltd. down 1.9 percent and Rio Tinto Ltd. off by 2.2 percent, after prices for raw materials eased overnight. Other commodity-linked stocks also fell, with OneSteel Ltd. down 2.9 percent and Alumina Ltd. shedding 3.2 percent. Japanese stocks bobbed up in early action as tech exporters clawed back some losses from the previous session, with the Nikkei Stock Average adding 0.4 percent to reach 9.732.42 and the Topix ahead by 0.3 percent. A drop of more than three percent in shares of Sony Corp. on Monday helped...
According to Reuters, the world’s largest producer of aluminum producer, Alcoa Inc. (AA) is targeting to hike the prices by 5% for certain coil and flat sheet products. The increased price would be charged for new orders from March 1, 2012. The price hike would encompass the products like 2xxx and 7xxx HT Coil for coil products as well as Flat Sheet. The company hiked the prices of the alloys in response to their soaring demand in the aerospace industry. In the recently reported quarter Alcoa reported an adjusted loss of 3 cents per share, missing the Zacks Consensus Estimate profit of 1 cent. Total revenues increased 6% year over year to $6 billion. The Zacks Consensus Estimate for earnings per share is pegged at a loss per share of 3 cents. The company expects global aluminum demand to...
Peng Zhihong and Liu Guihua who is the famous scholars in alumina industry and professors of Alkaline Process Metallurgy Research Institute of Central South University came to Chinalco Shanxi Branch held technical exchange. Technicists of company technical center, the first and second alumina factory and Production and Operations Department attended this meeting.
Saudi Arabian Mining Co., the state- controlled company known as Maaden, said its venture with Alcoa Inc. (AA) signed a letter of intent with Hyundai Engineering & Construction Co. (000720) on a $1.5 billion contract to build an alumina refinery in Saudi Arabia. The contract will include completing engineering, procurement, construction, pre-commissioning, commissioning assistance, startup assistance and training, Maaden said in a statement to the Saudi bourse today. Maaden owns 74.9 percent of the unit known as Maaden Bauxite & Alumina Co., while Alcoa Inc. holds 25.1 percent. Maaden said the scope of work related to the alumina refinery that was awarded to a joint venture of WorleyParsons Ltd. (WOR) and Fluor Corp. (FLR) has been limited to project management, according to the statement.
Vietnam will auction its first alumina output from a plant that is scheduled to start commercial production from the second quarter, local media said Saturday, citing a government official. Many buyers from Japan, China and the Middle East are interested in buying alumina from the Tan Rai plant, and Vietnam will sell the product to the buyer that offers the highest price, Deputy Minister of Industry and Trade Le Duong Quang was quoted as saying in the online newspaper Gafin. The Tan Rai plant, developed by state-run Vietnam National Coal-Mineral Industries Holding Corp., known as Vinacomin, is expected to produce 300,000 tons of alumina this year. It is expected to produce 650,000 tons a year when operating at full capacity from 2014. Media reports said last month Vinacomin was in talks...
Bahrain’s state-owned aluminum producer asked a court to let it proceed with racketeering claims that it overpaid for raw materials because of bribes directed by Alcoa Inc. (AA), the largest U.S. aluminum producer. Aluminium Bahrain BSC, known as Alba, claims that New York- based Alcoa bribed senior officials in Bahrain and caused Alba to pay almost $500 million more than it should have for alumina, the principal raw material in aluminum. Alcoa has asked a judge to dismiss the case, arguing that the alleged conduct took place outside the U.S. and shouldn’t be litigated in federal court. Alba countered that Alcoa and other defendants used offshore shell companies to “perpetrate and conceal a massive, home-cooked bribery scheme conceived, orchestrated, and directed in and from the United...
US-based Alcoa has opened talks with some Indian companies to sell surplus alumina, signalling the intention of the world's third largest aluminium producer to increase presence in India. With an output of 16 million tonnes a year, Alcoa is the world's largest alumina producer. The company entered India in 2001 when it teamed up with Hindalco to bid for Balco, which was eventually acquired by Sterlite Industries. It has since been building its presence in the high-value, high-quality aluminium segments. "There is a renewed focus on India," Alcoa India managing director Vishal Seth told ET. "We sell about half of our production to various companies on annual contracts. We plan to bring some of our Australian alumina production here." Alcoa is in talks with Vedanta Aluminium and Hindalco...
Yunnan Aluminium Co. Ltd. stated on Wednesday that they have finished the equipment installation of 800 thousand tons alumina project. The company also stated there were two mines has put on production, the subsystem of alumina production system finished stand-alone debugging as well will enter into linked on-load debugging soon. Data displayed that the above project was the fund-raising project, Yunnan Wenshan Aluminium Co., Ltd. was in charge of implementation which is the wholly-owned subsidiary of YLGF. The company was mainly specialized in the production and sale of aluminum smelting and processing products, carbon and carbon products.
The red sludge spill that hit three West Hungarian towns in October 2010 can be attributed to the negligence of alumina factory Mal whose reservoir burst in the first place, and to the authorities in the second, the head of the parliamentary fact-finding committee told Parliament on Tuesday. The disaster was caused by a series of errors and the owner’s irresponsible and negligent approach, Lajos Kepli said. On October 4, 2010 about a million cubic metres of caustic liquid and half a million cubic metres of toxic red sludge escaped from the reservoir, flooding nearby Kolontar, Devecser and Somlovasarhely. The toxic spill killed ten people, injured nearly 300, destroyed hundreds of buildings, wiped out all life in two small rivers, polluted over 1000 hectares of land and caused damages of...
State-run National Aluminium Co Ltd (NALCO) is likely to finalise within a month a deal to set up an alumina refinery in Gujarat, chairman B.L. Bagra said. Gujarat had last year invited bids for a refinery and smelter in the state and committed to supply bauxite, a key raw material, at a pre-determined price. NALCO, the country’s third largest aluminium producer, had emerged as the only qualified bidder and plans to set up only the refinery for now. There have been several meetings between NALCO and Gujarat Mineral Development Corp(GMDC) to finalise the draft agreement for the refinery project. “Once the agreement is finalized, we will proceed with the preparation of detailed project report and construction of the refinery,” Bagra told Reuters on Tuesday. NALCO will take four to five...
Bagra was speaking after a senior official from Vedanta Aluminium told Metal Bulletin that Nalco always rejected its bids, even when it believed it was offering the highest price. Vedanta Aluminium, which operates a 500,000-tpy aluminium smelter at Jharsuguda in Orissa, has not been able to source enough alumina to run its smelter at full capacity. Vedanta also needs alumina to feed its 350,000-tpy-capacity aluminium smelter at Balco. “We have approached Nalco a number of times to buy alumina but Nalco has never accepted our bids. We [believe we] put the highest bids in the previous three alumina export tenders [put out by] Nalco, but they were rejected,”...
Indian state-run National Aluminium Co Ltd has issued a tender for export of 30,000 tonnes of alumina for delivery next month on free-on-board (FOB) basis, a senior company official said on Tuesday. The last date for submission of bids is March 5, said Ansuman Das, director, commercial. NALCO, whose tenders serve as an international benchmark, last sold 30,000 tonnes of alumina earlier this month for about $324 a tonne FOB via a tender to a Hong Kong-based trader.
Though there are no signs of supply of bauxite ore from Visakha Agency in near future, Anrak Alumina Limited (AAL) is planning to commission its newly-built plant at Rachapalle in Makavarapalem mandal near Narsipatnam. The plant would be commissioned in May as the company was importing bauxite ore from other states. About 20,000 tonnes of bauxite ore landed in Vizag Port a couple of days back from Gujarat, sources said. The company is procuring bauxite ore from the Gujarat Mineral Development Corporation. As per the schedule operations, the refinery would start in March. Sources said Anrak is firm on going ahead with its plans to start operations despite reports of a possible cancellation of allotment of a captive jetty for the company at Rajayyapet in Nakkapalli mandal due to objections...
FORMER head of the Urban Development Corporation, Dr Vincent 'Vin' Lawrence has been appointed chairman of the nine-member board of Clarendon Alumina Production (CAP) Limited. His appointment was one of dozens announced by the Office of the Prime Minister yesterday. Overall, members of 25 boards were announced, with the appointments taking effect on February 13 and to last for a year. Also sitting on the CAP board are Jopseph Cox, Delrose Campbell, Winston Hepburn, and Junior Rose — who currently chairs the People's National Party Youth Organisation — as well as Roderick Gordon, Moses Green, and Michelle Forbes. Attorney and Jamaica Chamber of Commerce President Milton Samuda now heads the board of Jamaica Promotions Corporation Limited, with Jamaica National Building Society boss Earl...
