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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Australian shares fell in early Tuesday trading, taking cues from a weak finish for US stocks on concerns about slower global growth, while markets saw a rise in Japan. The benchmark S&P/ASX 200 in Sydney lost 0.5 percent, to hit 4,240.90. Major miners lost ground, with BHP Billiton Ltd. down 1.9...
According to Reuters, the world’s largest producer of aluminum producer, Alcoa Inc. (AA) is targeting to hike the prices by 5% for certain coil and flat sheet products. The increased price would be charged for new orders from March 1, 2012. The price hike would encompass the products like 2xxx and...
Peng Zhihong and Liu Guihua who is the famous scholars in alumina industry and professors of Alkaline Process Metallurgy Research Institute of Central South University came to Chinalco Shanxi Branch held technical exchange. Technicists of company technical center, the first and second alumina...
Saudi Arabian Mining Co., the state- controlled company known as Maaden, said its venture with Alcoa Inc. (AA) signed a letter of intent with Hyundai Engineering & Construction Co. (000720) on a $1.5 billion contract to build an alumina refinery in Saudi Arabia. The contract will include completing...
Vietnam will auction its first alumina output from a plant that is scheduled to start commercial production from the second quarter, local media said Saturday, citing a government official. Many buyers from Japan, China and the Middle East are interested in buying alumina from the Tan Rai plant,...
Bahrain’s state-owned aluminum producer asked a court to let it proceed with racketeering claims that it overpaid for raw materials because of bribes directed by Alcoa Inc. (AA), the largest U.S. aluminum producer. Aluminium Bahrain BSC, known as Alba, claims that New York- based Alcoa bribed...
US-based Alcoa has opened talks with some Indian companies to sell surplus alumina, signalling the intention of the world's third largest aluminium producer to increase presence in India. With an output of 16 million tonnes a year, Alcoa is the world's largest alumina producer. The company entered...
Yunnan Aluminium Co. Ltd. stated on Wednesday that they have finished the equipment installation of 800 thousand tons alumina project. The company also stated there were two mines has put on production, the subsystem of alumina production system finished stand-alone debugging as well will enter...
The red sludge spill that hit three West Hungarian towns in October 2010 can be attributed to the negligence of alumina factory Mal whose reservoir burst in the first place, and to the authorities in the second, the head of the parliamentary fact-finding committee told Parliament on Tuesday. The...
State-run National Aluminium Co Ltd (NALCO) is likely to finalise within a month a deal to set up an alumina refinery in Gujarat, chairman B.L. Bagra said. Gujarat had last year invited bids for a refinery and smelter in the state and committed to supply bauxite, a key raw material, at a...
Bagra was speaking after a senior official from Vedanta Aluminium told Metal Bulletin that Nalco always rejected its bids, even when it believed it was offering the highest price. Vedanta Aluminium, which operates a 500,000-tpy aluminium smelter at Jharsuguda in Orissa, has not been able to source...
Indian state-run National Aluminium Co Ltd has issued a tender for export of 30,000 tonnes of alumina for delivery next month on free-on-board (FOB) basis, a senior company official said on Tuesday. The last date for submission of bids is March 5, said Ansuman Das, director, commercial. NALCO,...
Though there are no signs of supply of bauxite ore from Visakha Agency in near future, Anrak Alumina Limited (AAL) is planning to commission its newly-built plant at Rachapalle in Makavarapalem mandal near Narsipatnam. The plant would be commissioned in May as the company was importing bauxite ore...
FORMER head of the Urban Development Corporation, Dr Vincent 'Vin' Lawrence has been appointed chairman of the nine-member board of Clarendon Alumina Production (CAP) Limited. His appointment was one of dozens announced by the Office of the Prime Minister yesterday. Overall, members of 25 boards...
China Henan International Cooperation Group Co Ltd will spend $3 billion to build an alumina refinery in Sangaredi, Guinea, within four years, said Ousmane Kaba, an adviser to the African nation, on Tuesday. Annual production capacity at the site, 350 kilometers northwest of the Guinean capital,...
Shandong Province imported 119 thousand tons of alumina in January decreased 15.2% yoy while increased 41.2% on a monthly base, this data was the highest record since 12 months. It valued 38,290 thousand dollars dropped 26.6%, average import price was 321.5 dollars per ton that dropped 13.5% yoy...
Chief Executive Officer of the West Indies Alumina Company (WINDALCO) Leonid Stavitski is to reappear in the Spanish Town Resident Magistrate's Court on April 3, to answer to alleged environmental breaches by the company. When he appeared in court today, the Crown said it was yet to receive a...
Alumina Ltd. (AWC.AU), a partner in the world's largest producer of the key ingredient in aluminum, Thursday cautioned that prices are likely to remain volatile in 2012 after falling sharply toward the end of last year and even as the industry cuts smelting capacity. The Australian company said its...
