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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THE largest alumina refinery in Europe, RUSAL Aughinish, last year returned to profit after revenues almost doubled to $496.9 million (€344.9m). Accounts filed to the Companies’ Office by Limerick Refinery Alumina Ltd and subsidiaries, show the company recorded a pre-tax profit of $24.5m in the 12 months to the end of December last after recording a loss of $26.3m in 2009.
Vietnam will test-run its first alumina refinery, being built by a Chinese firm, next month and production is set to start in late 2011, well behind schedule, a state-run newspaper reported on Friday. The $460 million Tan Rai alumina plant, invested in by Vinacomin, Vietnam's top coal mining group, would run at 20 percent of its designed 600,000-tonne output capacity when it begins production, the official Nhan Dan (People) newspaper said.
London-listed miner and commodities trader Glencore International PLC (GLEN.LN) is seeking to build out its alumina marketing business, including pursuing contracts with new aluminum smelters starting production in the Middle East, it said Thursday. "We will continue to seek long-term purchase and supply contracts with existing counterparties, the company noted in its first half of 2011 earnings. Its prospectus revealed that in 2010 the company marketed around 6.7 million metric tons of alumina, equivalent to 38% of the available alumina that can be marketed and 8% of world output.
BHP Billiton Projects set to come on stream in 2012 include its 1.1Mt/y Worsley alumina refinery expansion in Australia which will raise capacity to 4.6Mt/y. The ramp up of the Alumar refinery, Brazil contributed to a 7% increase in total alumina production for the 2011 financial year.
Perpetual Ltd bought a net 24,956,844 Alumina Ltd shares between July 28, 2011 and August 19, increasing from 122,169,825 shares (5.01%) to 147,093,709 shares (6.03%).
Vedanta Aluminium Limited, (VAL), an Associate Company of the globally diversified, metals and mining group Vedanta Resources PLC. became the first Mining & Metal Industry in the country to get accreditation for its Energy Management System for ISO 50001:2011 from the British Standards Institution, for efficiently managing the existing natural resources and mitigating the impact of climate change, at its Lanjigarh Unit in Orissa.
The restart of United Co. Rusal’s idled Kirkvine alumina refinery has been postponed, with several market participants speculating that a restart is unlikely to happen this year due to an oversupply of alumina and falling prices.
Hindalco Industries, the metal products manufacturing arm of the Aditya Birla Group, has decided to delay the financial closure of the Rs 7,800 crore Aditya Alumunium refinery project due to uncertain market conditions. D Bhattacharya, managing director, said the markets were not favourable to raise the money at this point in time. He, however, said work on the project was on and there was no constraint on funds to hold up the project. The debt to equity ratio for the project is 75:25 and the company is using equity for the project. Hindalco had raised $600 million via a QIP issue in 2009 for its expansion plans. He said Hindalco will wait for the right opportunity to tap the market. He said the company prefers rupee financing with an option to refinance part of the rupee loan with a...
Shandong Nanshan Aluminum realizes 6.018 billion Yuan sale revenue up by 37.9% over the same period last year. The satisfying improving of its sale revenue mainly attributes to the guarantee of business gross profit as well as dramatic sale revenue increasing of alumina. Alumina production grow by 96.25%, year-on-year.
Ormet announces a $94.9 million and $100.5 million net profit for the second quarter of 2011 and first half of 2011, respectively. Net income per common share outstanding was $5.10 for the quarter and $5.41 the first half of 2011. These results were significantly influenced by: --Gain on sale of land and marine terminal assets in Louisiana in the second quarter of 2011 totaling $22.9 million (before provision for income taxes). -- The non-cash favorable effect of the reversal of tax valuation allowances of $75.2 million, partially offset by tax provisions of $7.7 million on income from continuing operations and $5.9 million on income from discontinued operations, all recorded in the second quarter of 2011. -- Burnside alumina refinery expenses of $5.8 million in the second quarter of 2011...
Norsk Hydro could delay the launch of Companhia de Alumina do Pará (CAP), the greenfield alumina project it bought from Vale earlier this year.
China Power Investment Corp. will spend $6 billion to develop alumina refineries at Boffa in Guinea, according to a statement from the president's office. The Beijing-based energy company will also build a port to remove ore from the area, President Alpha Conde's office said in the statement, citing China Power Vice President Yu Dehui. The facilities will produce 4 million tons of alumina, according to the statement.
Nalco has plans to construct a new alumina refinery of 1.4 MT in Andhra Pradesh and 1,000-MW power project as independent power producer. Both the projects would require an investment of Rs 10,600 crore, the report said, adding that rest of the amount would be spent on existing projects. Company officials could not be reached for comments on Nalco's mega expansion plans.
Alumina, whose price is often calculated as close to 15% of London Metal Exchange aluminium price, has seen a downward correction in its price due to falling aluminium price globally. He said while the cost of aluminium has come down due to turmoil in the US and Europe, going forward the price could rise. “However, we believe that decline is limited from current levels ($2,340/t) as prices would be supported by rising cost (alumina, energy),’’ he said in the report.
National Aluminium Co Ltd (Nalco), after posting good numbers in the first quarter, is training its guns on the export market to maximise profits. The public sector aluminium producer, which started phase-wise commissioning of the expanded alumina refinery in Orissa in the last quarter, will see an additional alumina production of close to 60,000 tonne in the second quarter. He said the company will export the entire additional production, as it does not require any additional alumina for the aluminium smelter at Angul. “We are optimistic on the price trends and demand of alumina globally and hence we will continue to focus on the export markets,” he said.
MB’s fob Australia alumina index fell to $370 per tonne on August 19, with few buyers looking for near-term material and others happy to turn down offers in anticipation of better prices. “[We've] been offered cargoes that have not been placed at this stage,” an aluminium producer said.
ENGINEERING contractor Monadelphous Group says it has secured several contracts in WA and Queensland worth $350 million. Monadelphous also secured a three-year contract to provide minor capital project services for BHP Billiton Worsley Alumina’s refinery project at Collie. The company also signed two contracts, valued at $100 million, for work at the Rio Tinto Coal Australia-managed Krestel mine near Emeraldm.
Global Alumina Corporation (GLA.U) - Financial and Strategic SWOT Analysis Review - a new market research report on companiesandmarkets.com. Global Alumina Corporation is engaged in alumina production and sales. The company use the bauxite resources of the Republic of Guinea to produce alumina for sale to the aluminum industry. This comprehensive SWOT profile of Global Alumina Corporation provides you an in-depth strategic analysis of the company´s businesses and operations. The profile has been compiled to bring to you a clear and an unbiased view of the company´s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
