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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Non-ferrous metals producer Hindalco Industries plans to start its 1.5 million tonnes per annum (mtpa) alumina refinery in the eastern state of Orissa by January 2013, a senior company executive said on Saturday. It also expects to start mining bauxite in the state from October this year, said...
One of the largest engineering, procurement and construction (EPC) companies in the world, Bechtel, has recognized global joint integrity specialist and engineering services company Hydratight as a key supplier. Hydratight was honoured recently among 47 vendors for its performance during the 2011...
Global Alumina Corporation, a organization participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the "Project"), announced today its financial and operating results for the three month period ended...
Nickel, alumina and gold producers face a $90 million hit following the State Government's move to revamp WA's royalty regime in yesterday's Budget. As base metals prices tank, the Government flagged a series of changes designed to lift royalty revenues back to their intended levels. Treasurer...
UC RUSAL's Friguia alumina refinery in Guinea has not been in production since April 3, despite the suspension of a strike at the plant late last month, union and company officials said on Friday. Operations at Friguia have been repeatedly disrupted in recent months due to disputes between unions...
Recently, Shandong Qixing Group and Shandong Lubei Chemical Co., Ltd reached an agreement, the agreement says Qixing Group will acquire 1000 tons of alumina capacity of its branch. Shandong Wudi Qixing High-tech Aluminum Company which is the subsidiary of Qixing Group has already had 500 thousand...
Mongolia, the commodity-rich nation that posted the world’s fastest economic growth in 2011, is on course to pass a law by June that will bar foreign state-owned companies from controlling its key assets. The draft law, submitted to parliament two years ago, was accelerated after a public outcry...
THE Government expects to lose billions of dollars this year due to Clarendon Alumina Production's (CAP) unstaunched bleeding. CAP will lose US$91 million ($7.9 billion) for the current financial year, according to spending estimates given by the Finance and Planning Minister Peter Phillips, last...
CONSTRUCTION on the $3.4 billion BHP Billiton Worsley Alumina expansion project is now 98 per cent complete. “Contractors are now putting the final touches on the project’s construction phase, which will reach practical completion at the end of May,” a company spokesman said on Tuesday. “June...
According to the data from Antaike that the alumina output will break through 43,000 thousand tons this year and it will need about 6,000 thousand tons of caustic soda. At the end of 2012 China alumina capacity will reaches 59,020 thousand tons increased 14.8% compared with 2011, newly added...
Orbite Aluminae Inc (the "Company") is pleased to announce two new appointments to its Board of Directors, adding Michael Hanley and Jean-Sebastien David as independent Board members. These appointments take effect immediately. "These additions strengthen the Board's governance and enable continued...
Ukraine exported 405,910 metric tons of alumina in January-March, 8.2% more than in January-March 2011, the government reported Monday. The exported alumina was worth $154.83 million. Alumina exports in March totaled 134,350 tons, 0.4% more than in February this year and 5.8% more than in March...
Alumina is going through a continuous losing streak. Alumina is traded at a new 52-week low today of $3.75. This new low was reached on above average trading volume as 1 million shares traded hands, while the average 30-day volume is approximately 361,000 shares. In the past 52 weeks, shares of...
Mr Dinsha J Patel minister of mines (Independent Charge) of India informed that major projects proposed to be undertaken in the 12th Five Year Plan by NALCO are 1. Alumina refinery in Andhra Pradesh 2. Aluminium smelter and power plant at Sundargarh, Odisha 3. Alumina refinery in Gujarat 4. Wind...
U.K.-listed, Kazakhstan-focused miner Eurasian Natural Resources PLC (ENRC.LN) said Thursday that production across its key commodities was restored to full capacity in the first quarter, and reported a significant jump in copper production. The miner said total saleable copper production for the...
THE CENTRE has asked the Odisha government to furnish the physical verification report on diversion of forestland for the expansion of the Vedanta alumina project and its captive power plant at Lanjigarh in Kalahandi district. It was on this ground that the Centre had earlier stopped Vedanta’s 2...
Sasol Limited's Olefins & Surfactants Division (headquarters in Hamburg, Germany) announced today it will expand in a first step its capacity to produce ultra-high purity aluminas (UHPA) by at least 3000 metric tons per year. Construction will begin immediately at Brunsbuettel, the company's...
Orbite Aluminae Inc. CA:ORT +6.67% (the "Company") is pleased to announce the appointment of two new members to its management team. The Company is also proud to announce that it has added another patent to its intellectual property portfolio and has filed five new patent applications. In addition,...
