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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CJSC BaselCement-Pikalevo plans to increase the amount of alumina it produces this year by 7% over last year to 255,500 tonnes. The company produced more than 210,000 of alumina in January to October up by 10%YoY. Mr Dmitry Niklayev Company Director cited in the press statement that production...
Australia Minerals & Mining Group has been granted a five year option to acquire a technology licence that allows the processing of kaolin or aluminous clay to alumina. Remuneration terms for the exclusive, Australia-wide technology licence are yet to be agreed upon. Professor Shang, who owns the...
Detal was in the process of returning online a 450,000 mt/year alumina refinery that has been idle since 2009 due to the global financial crisis,official said. The refinery is expected to start commercial production in December. The official also said that Detal still intended to restart its...
Alumina (NYSE:AWC), a company whose shares are moving quickly, is trading 4.7% lower to $5.32. The S&P is currently trading 2.3% lower to 1,188 and the Dow Jones Industrial Average is trading 2.5% lower to 11,496. Alumina Limited is an Australian resource company that produces alumina. The Company...
Ukraine exported 1.15 million metric tons of alumina in the first nine months of the year, 7.9% more than in the corresponding period of 2010, the government reported Monday. The exported alumina was worth $372.98 million. Alumina exports in September totaled 121,990 tons, 7.6% less than in August...
China’s alumina imports jumped in October to levels not seen since February as higher domestic prices nearly erased the gap with London Metal Exchange prices. Alumina shipments totalled 261,350 tonnes in October, compared with 80,421 tonnes in September, according to customs data today.
Alcoa Inc. (AA), the largest U.S. aluminum producer, applied for a five-year extension for environmental approval to expand its Wagerup refinery in Western Australia as the previous consent period expired. “We applied for a five-year extension of the ministerial approval for the Wagerup unit three...
Alumina monthly output of Chinalco Shandong Branch has created record high and hit to 211.6 thousand tons.This fully demonstrated the scale advantages of alumina production by low temperature bayer process. Chinalco Shandong Branch went deep into production to find out weak links, to stabilize...
MoEF(India's Ministry of External Affairs) has rejected the forest clearance for Niyamgiri Mining lease of Orissa Mining Corporation (OMC) which is one of the sources of supply of Bauxite to the alumina refinery of Vedanta Aluminium (VAL), an associate of the Company. OMC has filed a petition in...
Orbite Aluminae Inc., developer of the Grande Vallée aluminous clay mining project in Quebec's Gaspé region, has awarded the full feasibility study for the companion alumina processing plant to a consortium of Montreal engineers Genivar Inc. and Johnston-Vermette after an international competitive...
One of today's notable stocks in decline is Alumina (NYSE:AWC), down 1.7% to $5.94. The Dow Jones Industrial Average is now trading 0.2% higher to 12,104 and the S&P is trading 0.3% higher to 1,255. Alumina share prices have moved between a 52-week high of $11.46 and a 52-week low of $5.15 and are...
Rio Tinto Alcan will concentrate on its Tier 1 assets to make them resilient to the global economic uncertainty, its chief executive Jacynthe Cote said. In the keynote presentation, Ms Cote told delegates at the 15th Arabal conference, held in Muscat, Oman, the company was streamlining six of its...
During the second quarter FY12, Nalco 's net sales were up 8.9% at Rs 1583.7 crore versus Rs 1454.7 crore (YoY) and profit after tax (PAT) was down 38% at Rs 139.3 crore versus Rs 224.04 crore (YoY). The second quarter results were well below the street?s estimates in terms of earnings. A huge fuel...
Kaiser Aluminum is highest with EBITDA growth of 90.2%.Kaiser Aluminum Corporation produces alumina among other aluminium products.The Company also supplies alumina in domestic and international markets. Kaiser Aluminum has potential upside of 31.3% based on a current price of $46.73 and analysts'...
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the ""Project""), announced today its financial and operating results for the three and nine month...
(Chian Aluminum Network) On Wednesday NBS published output about basic metals, alumina output decreased 5.4% yoy and it is the fisrt time emerged negative growth in this year, but output of refined tin and nickel increased largely. In October, produced refined copper 469 thousand tons rose 16.4%...
Alumina (NYSE:AWC) is one of today's notable stocks in decline, down 4.8% to $6.11. The Dow is down 2.1% to 11,920 and the S&P is currently down 2.3% to 1,247. Over the past year, Alumina has traded in a range of $5.15 to $11.46 and is now at $6.11, 19% above that low. The 200-day and 50-day moving...
The Australian alumina spot price continued at $340/mt FOB on Tuesday, unchanged from Friday, as spot activity remained sparse. Platts did not assess the market on Monday, November 7, as Singapore was closed for a national holiday. The market is "dead quiet," a European trade source said. "We...
