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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Orbite Aluminae has awarded Outotec a contract to perform the basic engineering of its metallurgical grade alumina calcination process and its associated hydrochloric acid recovery. Basic engineering will ensure hydrochloric acid recovery to produce suitable alumina for aluminum smelters. The basic...
Ukraine exported in January-October 1.274 million metric tons of alumina, 8.5% more than in the corresponding period in 2010, the government reported Monday. The exported alumina was worth $419.78 million. Alumina exports in October totaled 127,042 tons, 4.5% more than in September this year and...
The Union Ministry of Environment and Forest has decided to temporarily halt the issuance of the term of reference (ToR) in favour of Vedanta Aluminium Ltd (VAL) for conduct of environment impact assessment (EIA) study for the expansion work of the company’s Lanjigarh project. The action has been...
Rio Tinto Alcan says global economic volatility will not affect the completion of its alumina refinery expansion near Gladstone in central Queensland. The Yarwun 2 site will produce more than 3 million tonnes of alumina a year when it is fully operational. General manager Dave Yeoman says it is due...
Global Alumina Corporation announced that the JV board of directors approved additional Project funding of USD 4.6 million for the period December 1st 2011 through December 31st 2011. Global Alumina will be responsible for its one third share of this amount. The JV board had previously approved...
Alumina (NYSE:AWC), a company whose shares are moving quickly, is trading 2.3% lower to $5.66. The Dow Jones Industrial Average is now trading 0.3% higher to 12,059 and the S&P is trading 0.5% higher to 1,251. There is potential upside of 59.1% for shares of Alumina based on a current price of...
It was a day later than scheduled, but that did not dampen Quebec-based Orbite Aluminae's enthusiasm in hosting a call to discuss Genivar's preliminary economic assessment (PEA) of its aluminous clay project in the province, which CEO Richard Boudreault said would prove a “game changer”. The...
Orbite Aluminae Inc., with an ambition to supply Quebec aluminum smelters with half their intermediate alumina material by 2020, will soon freeze the design of its planned commercial process plant and aim at a 2013-2014 start-up, CEO Richard Boudreault said on Wednesday. Orbite plans to convert...
Paratech Hungary has tested technology for converting toxic bauxite residue into harmless building materials at the plant of alumina maker MAL in Ajka (NW Hungary), managing director Gabor Finaczy told MTI. Paratech Hungary converted the bauxite residue, a red sludgy substance, with a mobile...
After years of tests, including trials at a pilot plant, Orbite Aluminae (TSX: ORT) trotted out a scoping study that, for the first time, put meat to the bones of a patented process that it claims revolutionizes the extraction of alumina and other metals from aluminous ores. "We have a disruptive...
Trading in the shares of Orbite Aluminae Inc., developer of the Grande Vallée aluminous clay deposits in Quebec’s Gaspé region, was halted Tuesday after the firm released a favourable Preliminary Economic Statement. The PEA (scoping study) broadly assesses if a mining or industrial project could be...
One of today's stocks on the move is Alumina (NYSE:AWC), up 10.9% to $5.40. The S&P is trading higher by 3.1% to 1,195 and the Dow is trading 2.7% higher to 11,540. In the past 52 weeks, Alumina share prices have been bracketed by a low of $4.86 and a high of $11.46 and are now at $5.40, 11% above...
Orbite Aluminae Inc. will announce the results of the preliminary economic assessment (PEA) prepared by Genivar Inc. for its planned metallurgical grade alumina plant, on Tuesday morning November 29, 2011. The Company will host a webcast conference call on Tuesday, November 29, 2011 at 10:30 AM EST...
Expecting a three-fold increase in alumina exports to about 3 million tonne per annum (MTPA) in the next three years, state-run NALCO is set to revamp its port handling facility at Visakhapatnam. "We expect alumina exports to attain a peak of 2.7 MTPA by 2014-15 and will soon revamp the existing...
Rio Tinto Alcan's Vaudreuil alumina refinery in Saguenay has received Ici on recycle! Level 3 certification from Recyc-Québec. The Level 3 performance certificate is the highest distinction awarded by this public corporation within the framework of this programme, in recognition of the efforts made...
Tension is brewing in Doraguda area under Kashipur block yet again where the construction of Utkal Alumina Refinery is going on. Kucheipadar, a tribal village with a population of 1,500, has been the cradle of the anti-alumina agitation in Kashipur, which has been going on for more than a decade....
RESIDENTS in Mandogalup and Hope Valley are in limbo, unsure whether they can live safely in their homes that are close to mining giant Alcoa’s tailings area. Many of their properties now fall within a 1.5km buffer extension and 500m transition zone around the tailings area, put into place by the...
Mining and quarrying saw the most growth of all sectors in the economy during the July to September quarter of 2011, with an increase of 7.5 per cent. This growth contributed to the economy growing by 0.5 per cent for the quarter under review. It is also projected that the economy will grow by...
