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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U.K.-listed, Kazakhstan-focused Eurasian Natural Resources PLC (ENRC.LN) Monday said it has completed the expansion of its Kazakhstan alumina refinery on time and within its $305 million budget. The refinery has also successfully reached its target alumina production of 1.7 million metric tons a year, the company said in a statement.
Montreal based Exploration Orbite has raised USD 57.5 million through a recently completed bought deal. Most of the net proceeds will be used to convert the company's Cap Chat pilot plant into a commercial facility producing ultra pure alumina. Orbite's major holding is its Grande Vallee property in the Gaspe region, 32 kilometers northeast of Murdochville. The property has an identified aluminous clay deposit that grades 23% alumina. It will be mined by open pit methods.
Alcoa ( AA ) recently announced its performance for the second quarter of 2011. While the company grew its top-line by more than 11% over the figure in Q1 2011 to reach $6.6 billion, the net income also grew over the period by about 6% to settle at $326 million. Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina, and its competitors include Rusal, Rio Tinto ( RIO ), BHP Billiton ( BHP ) and Chalco ( ACH ). We maintain a $19.50 price estimate for Alcoa , roughly 20% above the stock's market price.
Alcoa, a manufacturer of primary and fabricated aluminum, is enhancing the environmental performance and energy efficacy of its alumina refinery located in San Ciprian, Spain, by shifting to natural gas from fuel oil. The company has set up liquefied natural gas storage tanks at the alumina complex.
Saudi Arabian Mining Co. (Ma’aden) said Sunday its profit doubled in the second quarter. Ma’aden made a net profit of SR62.5 million ($16.7 million) in the three months to end-June, compared to SR31.2 million in the same period a year earlier. Analysts surveyed by Reuters expected the firm to post, on average, net profit of SR44.98 million for the second quarter. Meanwhile, banks signed commitment letters on the debt for Ma’aden and Alcoa’s $3.6 billion bauxite mine and alumina refinery in Saudi Arabia on June 29. The deal was four times oversubscribed and debt pricing is around 20bp inside the smelter deal, reflecting the banks’ liquidity. Ma’aden Phosphate Co. (MPC) has started initial production at its 3m ton/year diammonium phosphate (DAP) plant, a company source said earlier. The...
The emergence of China as the single biggest buyer of both raw materials was an underlying driver of the changes to pricing in both markets. But while the country continues to suck in huge amounts of iron ore to feed its ever expanding steel sector it seems to be moving towards self sufficiency in alumina. Alumina imports have slumped this year. June's tally of 70,000 tonnes was the lowest monthly total in a decade. There can always be something of the one off in any one month's figures, particularly for what is a bulk commodity. But June's reading is part of a strengthening trend. Alumina imports slid by 16% last year and the drop has steepened this year with H1 imports slumping by 57% to 1.02 million tonnes. That tallies with a tectonic shift in China's domestic alumina supply demand...
The pricing revolution in the alumina market is gathering momentum, even if it hasn't grabbed the headlines in the same way as that in the iron ore market. The pricing of alumina, the intermediate material in the production of primary aluminum is being forcibly decoupled from the metal price also in favor of index prices. The cast of producers forcing the pace of change is almost identical with BHP Billiton and Rio Tinto global heavyweights in both iron ore and alumina. Simply switch Alcoa in alumina for Vale in iron ore to complete the big three in each market.
Alcoa’s (NYSE:AA) San Ciprian, Spain, facility is improving the energy efficiency and environmental performance of its alumina refinery by switching from fuel oil to natural gas. This week, Alcoa Europe Vice President José Ramón Camino and Regional Minister of Economics and Industry Javier Guerra were on site during the installation of the first liquefied natural gas (LNG) storage tanks at the San Ciprian alumina complex. The move to natural gas is the result of a joint effort by the Regional Minister of Economics and Industry and Alcoa for sustainable development. Start-up of this equipment is the first step in the progressive substitution of fuel oil for natural gas, which is expected to result in cost savings, and will end once the Mariña pipeline, scheduled for 2013, becomes...
Alcoa AA reported headline second-quarter income of $322 million, a 5% increase from the first quarter. Favorable from Alumina's AWC perspective is that alumina drove most of the gain for Alcoa, with headline segment income rising 31% to $186 million. Alcoa's alumina result has proved a reliable indicator of Alcoa World Alumina and Chemicals' profitability. If the pattern holds true to form, the strong second-quarter alumina result implies that our prior $210 million first-half AWAC profit forecast is probably a little underdone and should be closer to $300 million. Higher second-quarter prices and volume were partially offset by increases in energy and raw-material costs and the weak U.S. dollar. Quarterly alumina production, revenue, and shipments were records. Compared with the first...
Alcoa AA reported headline second-quarter income of $322 million, a 5% increase from the first quarter. Favorable from Alumina's AWC perspective is that alumina drove most of the gain for Alcoa, with headline segment income rising 31% to $186 million. Alcoa's alumina result has proved a reliable indicator of Alcoa World Alumina and Chemicals' profitability. If the pattern holds true to form, the strong second-quarter alumina result implies that our prior $210 million first-half AWAC profit forecast is probably a little underdone and should be closer to $300 million. Higher second-quarter prices and volume were partially offset by increases in energy and raw-material costs and the weak U.S. dollar. Quarterly alumina production, revenue, and shipments were records. Compared with the first...
Outotec to deliver alumina calcination technology to Ma'aden Alcoa joint venture in Saudi Arabia Outotec has agreed with Ma'aden Bauxite Alumina Company, a joint venture between Saudi Arabian Mining Company (Ma'aden) and Alcoa in Saudi Arabia, on the delivery of two calciners to the joint venture's integrated aluminum complex at Ras Al Khair (formerly Ras Az Zawr), Saudi Arabia. The overall investment cost for the calciners is approximately EUR 62 million, out of which roughly EUR 50 million will be booked in Outotec's order intake in the third quarter. Outotec's scope of delivery includes process technology and design, civil work, detail engineering and construction as well as spare parts for the two alumina calciners, each with a capacity of 3,500 tonnes of alumina per day. The project...
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A trader reported seeing August buying interest at $377/mt FOB Australia, to which it was aiming to sell at $380-381/mt. The $377/mt buy rate would be the most competitive to date. Other buy indications have been seen at $365-375/mt FOB Australia. Rio Tinto warned Thursday that the floods in Queensland, Australia between December 2010 and April 2011 would continue to have an impact on RTA's output and costs into the second half of 2011, although on a smaller scale than Q1. The floods caused steep...
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A trader reported seeing August buying interest at $377/mt FOB Australia, to which it was aiming to sell at $380-381/mt. The $377/mt buy rate would be the most competitive to date. Other buy indications have been seen at $365-375/mt FOB Australia. Rio Tinto warned Thursday that the floods in Queensland, Australia between December 2010 and April 2011 would continue to have an impact on RTA's output and costs into the second half of 2011, although on a smaller scale than Q1.
Bauxite Resources Limited (ASX:BAU) wishes to advise the appointment of alternate director, Mr Zhan Qingwei (as alternate for Mr Yan Jitai). Mr Zhan Qingwei is the General Manager of Yankuang Resources Pty Ltd, the Perth based company which holds the interests in the Bauxite Resource and Alumina Refinery Joint Ventures. About Bauxite Resources Limited Bauxite Resources Limited (ASX:BAU) was launched in May 2006 to establish itself in the bauxite and alumina industries in Western Australia. The Company successfully listed on the Australian Stock Exchange in October 2007 and is the only ASX-listed bauxite explorer in the highly prospective Darling Range. The Darling Range in south-west Western Australia is one of the most important bauxite and alumina producing regions in the world. This...
AUSTRALIA'S summer drenching continues to affect Rio Tinto, which has cut full-year coal, bauxite, alumina and iron ore production guidance as its mines gradually return to full capacity. While the downgrades are not huge, they show that the heavy rains caused more problems than were predicted as late as April, when guidance was given. "Operations largely recovered from the severe weather impacts earlier this year, although some port and rail constraints remained," Rio chief executive Tom Albanese said yesterday. He warned that not all of the commodity price gains of the quarter would flow through to Rio's bottom line when first-half profit was reported next month. "This quarter was also characterised by continued strong prices for most of our metals and minerals, but with worsening...
Diversified mining group Rio Tinto’s Australian operations have largely recovered from the floods, which hampered production earlier this year, with the miner on Thursday reporting higher second-quarter iron-ore and coal output. “Operations largely recovered from the severe weather impacts earlier this year, although some port and rail constraints remained,” said CEO Tom Albanese. He noted that the quarter ended June 30 was also characterised by continued strong prices for most of the company’s metals and minerals, but with worsening adverse exchange rates and some input cost pressures. Rio’s global iron-ore production increased to 49-million tons during the quarter, up 12% from the previous comparable quarter, and 17% from the first quarter of the year. The Pilbara mines recovered...
lcoa’s (NYSE:AA) efforts to diversify geographically received a significant boost late last month when its joint venture with the Saudi Arabian Mining Company (Ma’aden) secured a $1 billion loan for the aluminum smelter and rolling mill at Ras Az Zawr. [1] Alcoa owns a 25% stake in the JV named Ma’aden Bauxite and Alumina Company which is expected to commence operations in 2013-2014. Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina. Its competitors include Rusal, Rio Tinto (NYSE:RIO), BHP Billiton (NYSE:BHP) and Chalco (NYSE:ACH). We have a $19.75 price estimate for Alcoa, roughly 10% above the stock’s market price. The Ma’aden-Alcoa super-project in detail Ma’aden and Alcoa agreed to work together on the $10.8 billion super...
Rio Tinto,in its second-quarter 2011 operations review, reported global iron ore production of 49 million tonnes attributable for the period, which was up 12 percent compared with last year. The company also noted that Mined coppee production was down 24 percent on the 2010 second quarter, mainly reflecting lower grades at Escondida and Kennecott Utah Copper; whereas Bauxite and Aluminium grew by 8 percent and 6 percent on the rain-impacted first quarter as the Queensland operations recovered. Second-quarter 2011 Bauxite production rose by 11 percent versus the same period last year, while alumina and aluminium production were flat, Rio Tinto added.
