Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
Chinese researchers show that a few extra hours of CO2 curing can roughly double the wet-dry service life of red mud–CFB ash–MgO backfill, while keeping leaching of hazardous elements low even after weeks of exposure to alkaline red mud liquor. Red mud remains one of the aluminium industry’s...
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Alumina received no dividends from its joint venture partner Alcoa in the three months to September after the US company posted a third quarter loss of $US143 million ($A140.96 million). Melbourne-based Alumina's only earning asset is its 40 per cent stake in Alcoa World Alumina and Chemicals...
Rumours that jobs will be lost at Gladstone's Queensland Alumina Limited refinery have been confirmed, with the company announcing plans to restructure its operations to ensure the refinery can compete successfully in all market conditions. QAL chairman Armando Torres said the aluminium sector in...
Orbite Aluminae is making significant progress in the development of a smelter-grade alumina (SGA) plant to process aluminous clay using its proprietary process at its Grande-Vallée property in Quebec. In September, Orbite was granted a 20-year mining lease for its Grande-Vallée deposit and...
The US$460-million Tan Rai alumina plant in Lam Dong Province will be put into operation on November 1 instead of this month as previously announced, the Tan Rai bauxite project management board has said. The delay, because of unsatisfactory preparation, was announced at yesterday’s meeting between...
Russian aluminium producer Rusal is expected to halt its plans for a $400 million gas-fired power plant at its Queensland Alumina refinery, The Australian Financial Review reports. According to the newspaper, Rusal Australia chairman John Hannagan said the company is uncertain if it will able to...
Tax profits at Rusal Aughinish in Limerick have fallen 80pc to $4.9m (€3.7m). The plant at Aughinish on the Shannon Estuary, which employs 450 staff, is Europe's biggest alumina refinery. Profits are down on rising costs, which have squeezed margins at the plant from 5pc to just 1.4pc. The...
Orbite Aluminae Inc. is a high flying Quebec-based junior miner hoping to strike it rich extracting alumina and rare earth elements from a vast deposit of mineral-rich clays in the Gaspé region. If the technology works as hoped, Orbite could offer a low cost and environmentally superior alternative...
Resources company Cape Alumina Limited has resumed planning a bauxite mine on a wildlife preserve named in honour of environmental campaigner Steve Irwin. Cape Alumina planned to build a large bauxite mine at Pisolite Hills, on Cape York, where the Steve Irwin Wildlife Reserve is located. The plans...
Orbite Aluminae Inc. said it has achieved major technical achievements building the final design phase of the smelter-grade alumina (SGA) plant. With the support of M&K, a North American leader in chemical process design, Orbite successfully modified the SGA plant design by incorporating the best...
Odisha Chief Minister Naveen Patnaik has promised to initiate efforts to avert the closure of the Lanjigarh plant of Vedanta Aluminium. The company has said it would shut down the plant from December 5 citing the lack of assured supplies of bauxite. This promise was given to a 30-member delegation...
Interfax-China reported that higher alumina prices overseas weighed on China’s imports of the aluminum ingredient in August and prices continue to rise on the back production cuts among major global players. Alumina imports August dropped 31.61% MoM to 35,035 tonnes show customs data released...
Orbite Aluminae today announced that, based on its patented clean technology for producing alumina, the Company has successfully developed process parameters and a final design for the production of alumina (smelter-grade or high-purity) using fly ash which is created during coal combustion. This...
Hundreds of workers and leaders of Odisha's ruling Biju Janata Dal (BJD) Monday held a demonstration at Damanjodi in Koraput district against the central government's decision of disinvestment in state-run Nalco, a party leader said. Demanding a rollback of the decision, the activists demonstrated...
The head of an alumina plant that caused a massive toxic spill in western Hungary in 2010 went on trial Monday along with 14 employees, accused of negligence. Ten people were killed and some 150 injured after a holding reservoir at the MAL alumina plant in Ajka burst its walls on October 4, 2010,...
Chinese power equipment manufacturer Shanghai Shandong Nuclear Power Construction (SSNP) has filed a case against Vedanta Aluminium for allegedly causing losses due to work stoppage at the latter's controversial alumina refinery in Lanjigarh, Odisha. SSNP has pleaded for arbitration to recover its...
India's state-run National Aluminium Co Ltd (NALCO) has finalised a long-term contract to export 330,000 tonnes of alumina for shipment in 2013 at 16.07 percent of the LME aluminium price on an FOB basis, the company sources said on Tuesday. The Singapore-based buyer will receive the alumina in...
According to China Customs, China imported 320,000 mt of alumina in August, up 811% YoY, but down 30% from July’s 460,000 mt. YTD imports from January through August were 3.24 million mt, up 192% YoY. SMM attributes monthly decline of alumina imports to falling domestic alumina prices and the fact...
Street clashes broke out on Sunday in the Guinean industrial town of Fria, home to RUSAL's huge alumina refinery, after local youths armed with knives and guns attacked suspected black market fuel salesmen, witnesses and officials said. At least 20 people were injured in the fighting which ran for...
