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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Shares of Alumina (NYSE:AWC) traded today at $3.82, breaking its 52-week low. So far today approximately 470,000 shares have been exchanged, as compared to an average 30-day volume of 341,000 shares. Alumina Limited is an Australian resource company that produces alumina. The Company owns about...
Alcoa Inc. (AA)’s plan to expand an alumina refinery in Western Australia remains on hold because of unfavorable economic conditions, the largest U.S. aluminum producer said after gaining approval to increase capacity. Alcoa received a five-year extension of an approval for the expansion of the...
The Western Australian state government said Wednesday it has granted the Australian unit of Alcoa Inc. (AA) a five-year extension for its proposed Wagerup alumina refinery expansion. The approval, by Environment Minister Bill Marmion, follows the Environmental Protection Authority's recommendation...
ALCOA'S partner in the troubled Point Henry smelter in Geelong, Alumina, has pinpointed the future direction of the Australian dollar as the key factor in determining the fate of the 49-year-old operation once Alcoa completes its review of the smelter's long-term viability next month. More than 600...
Highlighting some of Ord River's recent achievements, just last month the company delivered a 73.8% increase in the JORC Resource for the bauxite and alumina project in Laos, with a Bankable Feasibility Study the next step in progressing the project. The new Resource comprises 226 million tonnes at...
John Bevan, CEO of Alumina Limited, has been appointed Chairman of the International Aluminium Institute (IAI) at its 81st Board of Directors meeting, held in Abu Dhabi on 30 April. The IAI Board and Annual General Meeting are being held in Abu Dhabi to coincide with the 17th World Aluminium...
Bauxite miner and alumina and aluminium producer Alumina says the future of its loss-making aluminium smelter at Point Henry will depend upon its long-term prospects. Alcoa, which is the manager of Alumina and Alcoa's joint-venture company Alcoa World Alumina and Chemicals (AWAC), is currently...
Alumina says pricing and demand will remain subdued in 2012, as the high Australian dollar continues to put the company under pressure. Addressing shareholders at Alumina's annual general meeting in Melbourne, chief executive John Bevan spoke cautiously about the short-term outlook. "2012 has...
Employees of Nalco here have threatened to launch protests against the reported move of the company to sell alumina to Vedanta Aluminium Limited (VAL). On Friday, a few employees under Nalco Sramik Congress Union organized a demonstration in front of the company's captive power plant. A day before,...
Current trading conditions in the aluminum industry are challenging, driven by soft aluminum prices, the strong Australian dollar, and increasing input costs. We affirmed the 'BBB' rating on Alumina and removed it from CreditWatch negative, as we expect that Alcoa World Alumina and Chemicals (AWAC)...
Rio Tinto hopes to seal the sale of four alumina plants in France and Germany by the end of September, the chief executive of its aluminium arm said, advancing its push to reduce its footprint in the highly competitive sector. Rio Tinto Alcan said at the end of March it had received a binding offer...
BAUXITE miner Cape Alumina is preparing to mine the Steve Irwin Wildlife Reserve on Cape York after pre-poll promises by Queensland Premier Campbell Newman that he would repeal Wild Rivers legislation. Wilderness Society spokesman Glenn Walker said yesterday the company was moving to kick-start...
Preliminary data from the Port Authority of Jamaica (PAJ) showed that exports of alumina leaving ports Rocky Point, which is operated by Jamalco, and Esquivel (Windalco) totalled 490,000 tonnes during the review period, compared to 475,000 tonnes during the first three months in 2011. Windalco...
Sterlite Industries is in talks with state-owned National Aluminium Company (Nalco) to source alumina for its Vedanta Aluminium plant. The flagship company of Vedanta Resources Plc is also looking at importing alumina in order to ramp up the capacity of its Lanjigarh plant in Orissa to 2 million...
Resources company Cape Alumina says it will look to build a bauxite mine on land preserved in honour of environmental campaigner Steve Irwin if Queensland's Wild Rivers laws are changed. The Steve Irwin Wildlife Reserve, a part of the Wenlock River basin on the Cape York Peninsula, was established...
Indian state-run National Aluminium Co Ltd has sold 30,000 tonnes of alumina at about $325 a tonne free-on-board via a tender, a senior company official said on Friday. The alumina, which will be shipped next month, was bought by a European trader, Commercial Director Ansuman Das said. NALCO, whose...
Aluminum Corporation of China Limited (CHALCO)’s Zhongzhou Branch produced more than 160,000 mt of alumina in March, including 145,000 mt of industrial grade alumina and 17,600 mt of chemical grade alumina. SMM sources report that the industrial grade alumina was produced by the Branch’s No. 2...
Aluminum Corporation of China Limited (CHALCO) Shanxi Branch’s 500,000 mt energy-saving alumina project enters trial operations today, with the branch’s annual alumina capacity reaching 2.7 million mt. SMM sources report that the construction of CHALCO Shanxi Branch’s 500,000 mt alumina project...
