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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This 2012 Deep Research Report on China Alumina Industry is a professional and in-depth research report on the China Alumina industry. The report firstly defines the Alumina (AL2O3) industry development including history, classification and industry overview. The report then discusses Alumina...
Orbite Aluminae Inc. is proud to announce that an independent analysis of samples of individual rare earth oxides (REO) and rare metal oxides (RMO) has confirmed a 23% increase in recovery rates over the figures published in the Revised Preliminary Economic Assessment Technical Report dated May 31,...
Iranian researchers succeeded in the production of a new type of nano-adsorbent which is capable of removing formaldehyde from water resources. Taking into account the need for the production of materials able to eliminate formaldehyde, researchers studied the effective parameters on the reactivity...
The share price of Alumina Ltd ((AWC)) has returned to GFC lows in recent months, impacted by ongoing volatility in global equity markets, falling aluminium prices and a still strong Australian dollar. Even allowing for the recent share price falls Citi sees limited upside in Alumina Ltd at present...
ReportsnReports.com publishes a market research report on Global and China High Purity Alumina Industry. This research covers High Purity Alumina (Al2O3>=99.99% 4N or above 4N Purity) analysis of global as well as Chinese markets. In addition to industry overview, the report covers manufacturing...
A slowdown in alumina and diamond production in early 2012 is jeopardizing Guinea's target for securing economic growth of 4.7 percent for the year as a whole, an economy and finance ministry official said on Monday. Guinea, the world's largest exporter of the aluminium ore bauxite, has seen...
Recently, Chinalco Zunyi Alumina Co., Ltd signed a letter of commitment with 18 coal and lime suppliers for the first time, aiming to prevent commercial bribery from the very beginning. In order to regulate purchase and sale behaviors of bulk raw material, Zunyi Alumina required suppliers be...
Iran plans to export large volumes of aluminum products to Tajikistan by the next 20 months. The agreement to export aluminum products to Tajikistan was signed by Head of Tajik trade delegation and managing director of Iran's Alumina Company on Friday. Based on the Memorandum of Understanding (MoU)...
Alumina Limited was downgraded by JPMorgan Chase from a “neutral” rating to an “underweight” rating in a research note issued on Friday. A number of other firms have also recently commented on AWC. Analysts at Bank of America upgraded shares of Alumina Limited to a “neutral” rating in a research...
Orbite Aluminae of Montreal has begun construction of its high purity alumina (HPA) production plant in Cap-Chat. The company has successfully run a pilot plant at the site, and now it will spend between $26 million and $30 million to bring the plant up to commercial capacity. The original...
Politics over alumina sales to Anil Agarwal-owned Vedanta Aluminium (VAL) has deprived the blue-chip PSU National Aluminium Company(Nalco) an additional profit of at least Rs 200 crore per annum. With the Congress-backed workers' union up in arms against any deal with VAL, Nalco authorities are...
ANF Development, a pioneer in the production of alumina nanofibers, have launched their new product called Alumina Nano Fibers (Nafen™), a new revolutionary type of fibers of regular ordered structure with controllable diameter of 7 to 40 nm and the unmatched record fiber length of up to 15+cm. The...
Greg Baxter has left Rio Tinto Alcan, a subsidiary of U.K.-listed miner Rio Tinto PLC (RIO), to join the alumina team of Swiss-based Glencore International PLC (GLEN.LN), industry sources told Dow Jones Newswires Tuesday. Baxter will start work at Glencore Sept. 1, the sources said. It is not known...
If powering cars with ‘electric powder’ may sound like a scam, think again. Israeli company Alchemy Research offers a new method to power electric cars by using energy stored in aluminum grains. Alchemy Research has developed a method of storage and conversion of energy. Their Alydro technology –...
CapitalVue reported that Aluminum Corporation of China raised the ex factory price of alumina to CNY 2,900 per tonne an increase of 3.6% from several days ago. According to the company, policy changes on Indonesian alumyte impacted on supplies of the metal and Chalco has now decided to carry out...
Around 6,000 lawsuits have been filed against Norway-based aluminium firm Norsk Hydro in a Brazilian small-claims court in relation to a 2009 water spill at an alumina refinery, the firm said on Friday.A spill at Hydro's majority-owned Alunorte alumina refinery in Brazil in 2009 has resulted in a...
The near-term operating environment for Alumina is difficult, as overcapacity is driving down prices, aluminium inventories are at near record levels and capacity closures haven't yet been enough to tighten up the market. In JP Morgan's view this tough near-term outlook for Alumina Ltd should not...
Below are the three companies in the Aluminum industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be....
