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 company is boosting sales, strengthening R&D amid rising costs. Under efforts to increase margins, Shanghai Everskill M&E Co. Ltd has launched a super-thin seamless aluminum tube seen to replace costly copper variants. This comes amid the company’s plans of increasing prices in the next six months because of escalating production outlay. In an interview with Global Sources, general manager Jason Lee discusses the company’s advantages over other competitors. Below are excerpts of the discussion.
Cape Alumina Limited (ASX: CBX) (“the Company”) is pleased to announce that it has secured $1.8 million in funding from three of the Company’s largest shareholders (Relevant Shareholders) through the issue of Convertible Notes. The funds will be applied to advancing the Company’s Bauxite Hills project on western Cape York, business development and working capital requirements. The key terms of the Convertible Notes are: ? The conversion of the Convertible Notes into ordinary securities is subject to prior shareholder approval at a General Meeting to be convened for that purpose; ? In the event that shareholder approval is not received the Convertible Notes will be treated as loan instruments having the same maturity and interest rate as the Convertible Notes; ? The maturity date of the...
The environment group Friends of the Earth says the aluminium industry should commit to adopting more renewable energy rather than attacking the proposed carbon tax. The Australian Aluminium Council says production may be forced offshore if the carbon tax does not include compensation for the industry. Cam Walker from the Friends of the Earth says industry is trying to stir up fear in communities like Portland. He says Alcoa, which operates the Portland smelter, needs to be focus on renewable energy rather than compensation. "They need to not be hiding behind this fear campaign, they need to commit to using and sourcing entirely renewable energy," he said. "That will be fantastic for Portland as a community, it will certainly be fantastic in terms of employment and manufacturing outcomes...
India's Orissa High Court is expected to decide on July 4 whether Vedanta Resources may be allowed to resume work on an alumina expansion project that has been suspended since last October, a Vedanta executive said Tuesday. Vedanta was in the process of expanding its 1 million mt/year alumina refinery at Lanjigarh, in the state of Orissa, to 6 million mt/year, when the ministry of environment and forests charged the company with launching the project without environmental permits. The existing alumina production capacity has been allowed to continue operations, along with Vedanta's two aluminium smelters at Jharsuguda in Orissa and Korba in Chhattisgarh. Vedanta has been supplementing its alumina production with imports from Australia. Vedanta has also put on hold work on a nearly...
Sumitomo Chemical announced that it has planned to construct a new production line to increase the manufacturing capacity of high-purity alumina. The production capacity will be increased from 1,600 tons to 3,200 tons per year. The high-purity alumina is utilized as a raw material to produce sapphire substrates in LEDs. The 99.99% pure alumina is utilized as fillers for magnetic media and ceramic substrates and parts in semiconductor manufacturing devices and electronic components. It is also used as fillers to increase the thermal conductivity characteristic of composite resins. Currently, the demand for this material has been increasing for use in single-crystal sapphire, which is employed in LED substrates. The high-purity alumina is also used as coatings in lithium-ion secondary...
Mumbai: Suzlon Energy Limited, the world’s fifth largest* wind turbine manufacturer, announced today a new order from the National Aluminium Company Limited (NALCO) - Asia's largest integrated aluminum company - to set up, operate and maintain 50.4 MW of wind energy projects in Andhra Pradesh. The order comprises 24 units of Suzlon’s S88 – 2.1 MW wind turbines which will be set-up in the Gandikota region, Kadapa district, Andhra Pradesh. This order marks NALCO’s entry into the wind energy sector, with this maiden project scheduled for completion and commissioning by January, 2012. The power generated will be sold to the state electricity grid. NALCO plans to register the project under the Clean Development Mechanism (CDM). Speaking about the order, Mr. Tulsi R. Tanti, founder, Chairman...
5:00 PM Sydney – Australian stocks struggled after crude oil plunged more than 4%. The commodities markets also trended lower. BHP said it will invest nearly $500 million in its potash mining operation in Canada and its alumina refinery operation in Western Australia will cost significantly more. Australian stocks edged a fraction higher as crude oil plunged and Greece agreed with the International Monetary Fund with austerity terms. In domestic news, Australia completed the sale of $750 million bonds due in 2015. International Energy Agency controlled by wealthiest nations of the world decided to release 60 million barrels in the world market to make up for the lost production from the NATO aggression in Libya. The U.S. will release 30 million barrel from its reserves as part of the IEA...
QAL told its employees the tax will hurt the company's international competitiveness. Project partner Rusal is expected to discuss the long-term future of its alumina refineries at a board meeting in Hong Kong today. Federal Climate Change Minister Greg Combet says the carbon price is not the cause of pressures facing the aluminium industry, but the Government will provide very significant assistance to help support jobs. Australian Aluminium Council (AAC) spokesman Miles Prosser says the concerns are justified because a carbon tax could impose substantial costs. "We're looking for a policy process to ensure the costs being imposed in Australia are in line with what's being imposed elsewhere and that we're not going ahead of other countries by imposing a higher cost here," he said. "This...
Alcoa’s Davenport Works still is working to finalize details on President Obama’s visit next week to the Riverdale plant, a company spokesman said today. John Riches said company representatives are meeting with the president’s advance team to determine what Obama will see Tuesday when he visits the aluminum maker. “We’re very proud to host the president,” he said. “We’ve never had a sitting president visit this plant, and as far as we can tell, we don’t think there has been a sitting president visit any Alcoa plant.” Riches did not know specifically why the White House selected Alcoa, but believes the plant’s turnaround in the past year could have contributed to the decision. After laying off hundreds of workers during the recession, Alcoa has since called back all the workers and has...
THE Australian arm of Russia's Rusal, controlled by billionaire oligarch Oleg Deripaska, has warned Canberra that the proposed carbon tax could jeopardise future investments, including in the huge Queensland Alumina refinery near Gladstone on the central Queensland coast. In a recent submission on the government's proposed carbon tax and transition arrangements to an emissions trading scheme, Rusal, the world's biggest maker of aluminium, warned that the proposed policy "poses a threat to the continuing financial viability of QAL and to further expansions of the facility". The QAL joint venture of Rio Tinto and Rusal is expected to warn its 1500 employees and contractors about the consequences for the refinery under the proposed tax. The Rusal board is also set to debate at a meeting in...
Exploration Orbite Inc., developer of the Grande Vallée aluminous clay deposits in the Gaspé Peninsula, has passed another milestone towards proving the mineral can be converted successfully into alumina, the intermediate material used to smelt primary aluminum. CEO Richard Boudreault said Tuesday “a large scale” aluminum ingot has been produced from the high-grade alumina supplied by Orbite’s Cap Chat pilot plant in the Gaspé to Norway’s SINTEF international metals research group. “This large-scale laboratory test conclusively showed Orbite alumina meets industry standards and that it can be ultimately oriented for sale to aluminum smelters,” he said. Last month, Orbite reported the first conversion of its Cap Chat alumina into primary aluminum metal – but in small nuggets. This time a...
Middle East alumina demand will rise to 22Mt/y by 2030, delegates at CRU’s 16th World Aluminium Conference in Barcelona heard. BHP Billiton vice president of strategy and business- aluminium, Konrad von Szczepanski, outlined the challenges facing the industry in a presentation titled The Longer-term View: Challenges and opportunities beyond 2015. He said in the last 10 years aluminium production had doubled from 24Mt in 2000 to 42Mt in 2010, with China contributing 41% of it. Similarly alumina refining has also risen from 48Mt to 84Mt (2000-2010), with China making up 37% of it. He asked: Will a similar pattern continue in the next 10 years? China will need to manage its energy reserves if it is to maintain its economic growth. Power tariff varies between $50/MWh and $90/MWh in China,...
Alcoa announced that effective July 1st 2011, the Company’s Asia Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast growing and strategically important Chinese market. As part of this initiative, Mr Jinya Chen president of Asia Pacific Regional was elected a VP of Alcoa by the Company’s Board of Directors. While continuing to lead the region, Chen will report to Mr Kay Meggers VP of Corporate Initiatives and will have overall accountability for Alcoa’s China strategy. The Company also announced that Mr Jiming Zhu will join Alcoa as President, China Rolled Products with responsibility for managing all of Alcoa’s Global Rolled...
Bhubaneswar: Vedanta Aluminium Limited, a subsidiary of London stock exchange listed Vedanta Resources Plc, created a new national record at Kandla Port in bauxite loading. The company achieved this feat along with the handling agent SVCT Pvt. Ltd. The new record was created when 36400 MT bauxite ore loading was accomplished in a single day and 45500 MT in 36 hours by loading v ROSITA on 27th May, 2011 which is a new record for bauxite ore loading in any of the Indian ports. “Vedanta is coming in a big way with more vessels and talking the challenges to break its own record,” said Vedanta officials. Mr. HC Venkatesh Traffic manager, Kandla Port Trust conveyed his greetings to the Vedanta management on such marvelous performance.
A South Korean business delegation held talks with Guinean authorities about investing in the country’s natural resources, the West African nation’s Foreign Ministry said. “South Korea needs iron, uranium and several other resources, the raw materials which Guinea has,” the ministry said, citing Kim Eun-Seok, South Korea’s ambassador for energy and resources. “We wish to meet the country’s decision-makers to discuss concrete projects.” Guinea is the world’s biggest producer of bauxite, an ore used to make aluminium, and also produces gold and diamonds, according to the website of the U.S. Geological Survey.
Aneka Tambang, the nation’s largest publicly traded gold-mining company, secured a $292.5 million loan from Japanese banks to help finance the construction of a chemical grade alumina project on an island off West Kalimantan. The Japan Bank for International Corporation and two other commercial banks, Mizuho Corporate Bank and Sumitomo Trust and Banking, are providing the capital, Aneka president director Alwin Syah Loebis said in a statement on Monday. State-controlled Aneka, also known as Antam, and Japan-based Showa Denko have formed a joint venture company called Indonesia Chemical Alumina to build the $450 million chemical alumina plant in Tayan, West Kalimantan. Antam will own 80 percent of the project and Showa Denko the rest. Construction started in April, and commercial...
Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources PLC, will invest about Rs 10,000 crore to complete its aluminium smelter and independent power plants at Jharsuguda. The company has so far invested around Rs 40,000-crore in its Lanjigarh and Jharsuguda projects in Orissa. It has set up a greenfield alumina refinery with a capacity of 1-million tons at Lanjigarh in Kalahandi. "We have so far invested around Rs 40,000-crore in Orissa and will invest about Rs 10,000 crore to complete the ongoing smelter and powr projects at Jharsuguda", VAL president and CEO, Dr Mukesh Kumar on Sunday told "The ET" over telephone from Lanjigarh. Incidentally, VAL had lined up investment of Rs one lakh crore its Orissa including the Vedanta University at Puri and expansion of...
Chinalco, China's largest alumina producer, has set up a company in the country's east that will separate highly profitable rare earths from crude ores, a spokesman said Wednesday. The company, a joint venture in Jiangsu province, was launched on Tuesday, Chinalco spokesman Yuan Li told AFP. Chinalco said in a statement Wednesday that the company, launched with five firms in Jiangsu that are authorised to separate the metals and a rare earths trading company, would have an annual capacity of over 30,000 tonnes. Financial details of the project were not disclosed. Chinalco is seeking to diversify from aluminium into other sectors such as coal, iron ore, rare earths and copper to become a global commodities firm. Chinalco has in recent years acquired rare earth assets in provinces such as...
