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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State-miner Aneka Tambang (Antam) will build smelters in Halmahera, North Maluku, to produce 27,000 tons of ferronickel annually; in North Konawe, Southeast Sulawesi, for 120,000 tons of “pig iron” annually; and in Mempawah, West Kalimantan, for one million tons of smelter-grade alumina. The...
Alumina Limited (NYSE: AWC) was downgraded by equities research analysts at RBS (LON: RBS) from a “buy” rating to a “hold” rating in a research note issued to investors on Friday. Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining...
National Aluminium (Nalco) reported its Q3FY12 numbers far below our as well as street estimates. The lower than anticipated performance was a result of lower volume sales, decline in the LMEs and higher wage costs. The revenues for the quarter increased 0.4% YoY but declined 11.4% QoQ on the back...
A research team led by Bo Feng from the Georgia Institute of Technology has doubled the heat transfer rate of a metal surface by applying an alumina nano-coating over it. The research team utilized an atomic layer deposition method for controlling the thickness of the alumina coating. Pool boiling...
Alumina Limited (ASX:AWC) has posted a large increase in yearly profit thanks to higher alumina and aluminium prices and production, but warns its outlook for the year is volatile. For the year to December Alumina posted a profit 266 per cent higher than the previous corresponding period. The group...
Australia's Alumina Ltd expects to double its exposure to spot index pricing of alumina by the end of 2012, the company said on Thursday after reporting 2011 net profit more than tripled. Alumina holds 40 percent of Alcoa World Alumina & Chemicals (AWAC), the world's largest alumina business, with...
ALCOA'S partner in the troubled Point Henry aluminium smelter at Geelong, Melbourne-based Alumina, has warned that short-term government support alone will not save the operation and its 600 jobs. The warning highlights the structural pressures of a strong dollar and the rise of a low-cost...
Alumina Ltd has warned its outlook for 2012 is volatile, despite posting a big jump in annual profit for 2011. The near fourfold surge in profit comes on the back of higher production, along with stronger alumina and aluminium prices. For the full year to December 31, Alumina posted a net profit of...
UC RUSAL's total attributable alumina output amounted to 8.154 million tonnes in 2011 as compared to 7.840 million tonnes in 2010 an increase of 4%. Alumina output in the Q4 of 2011 increased by 2% to 2.082 million tonnes as compared to 2.049 million tonnes in the Q3 of 2011 and was flat compared...
The global alumina market is expected to stay fairly stable for the first quarter of 2012, Norwegian producer Norsk Hydro ASA (NHY.OS) said Thursday, with prices trading around $305 a metric ton by the end of 2011. The producer said the ramp-up of new primary metal production capacity was a key...
Alumina Ltd has delivered a near fourfold surge in full year net profit on the back of higher alumina and aluminium prices and production, but says it has a cautious outlook for 2012. Net profit for the 12 months to December 31 was $US127 million ($A119.16 million), up from $US35 million ($A32.84...
THE Australian chairman of aluminium giant Rusal has bluntly urged Julia Gillard to suspend the introduction of the carbon tax in the absence of comparable international schemes, warning that it will push alumina refining to China and drive up global emissions. John Hannagan told The Australian...
MINING giant Alcoa has shelved a $3 billion expansion of its Wagerup alumina refinery in Western Australia for up to five years, in the latest sign of the group's struggle against the strong Australian dollar and the Gillard government's carbon tax. The state's Environmental Protection Authority...
Alumina import volume reached to 450 thousand tons in Jan. China, increased 37% yoy. According to the survey of SMM, owing to alumina price dropped abroad and RMB exchange rate rose that the price of imported alumina still more competitive compared with domestic alumina price. On 13th February,...
The continued operation of all four alumina plants in Jamaica, including even the most efficient, CAW, depends on the industry having a long-term source of competitive energy, as well as resolving certain bauxite-reserve issues. Two actions are necessary to achieve these objectives: Substituting...
Ziralcast 95 is made primarily of pure fused alumina bubbles that can be cast into structural components for furnaces such as flue liner/stack, door vestibules, and furnace crowns. Other furnace furniture that may be cast includes crucible holder in glass melting research or covers for metal...
Vietnam National Coal-Mineral Industries Group, the state-owned mining company, is in talks with partners Aluminum Corp. of China Ltd. and Marubeni Corp. for sales from the country’s first alumina project. Vinacomin, as the company is known, will begin production at its alumina plant in Tan Rai of...
Dispelling the general perception that the CPI(Maoist), the left wing extremist outfit, is opposed to all industrial projects, Odisha-based top red leader Sabyasachi Panda said going all out against industries would shatter the livelihood of labourers. The secretary of the Odisha organising...
