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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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
