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 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...
Scrambling to extend the life of its mines, four of which are set to conclude by 2020, China's Minmetals Resources Ltd. is on the prowl to acquire Australia-based miners Mirabela Nickel Ltd. and Alumina Ltd., with a $7 billion to boot to capture the two companies' nickel, bauxite and alumina...
Minmetals Resources Ltd. (1208), backed by China’s biggest metals trader, is transforming companies from Mirabela Nickel Ltd. (MBN) to Alumina Ltd. into takeover targets as it eyes $7 billion of nickel, bauxite and alumina deals. Minmetals, which agreed a month ago to buy copper producer Anvil...
Montreal-based 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...
Exploration Orbite announced that the production mode of alumina has shifted from a batch process a to semi-continuous process. This acceleration in production will allow the company to meet industry and partner demand as well as prepare for the transition of the plant towards a commercial...
China Customs Figures show anhydrous aluminium fluoride export amount to 6,318 tons in September increased 11.98% yoy and total export reached to 5289.2 thousand dollars. According to statistics anhydrous aluminium fluoride export volume reached to 73,682 tons with 103983.7 thousand dollars from...
Orbite Aluminae Inc. CA:ORT -3.11% ("Orbite") announces that it has awarded the contract for the bankable Feasibility Study on its planned metallurgical grade alumina (SGA) plant to top ranking engineering firms GENIVAR Inc. ("GENIVAR") and Johnston-Vermette. The contract is being awarded following...
Brisbane-based global infrastructure services company Cardno has this week appointed former Alumina boss John Marlay as a Non-Executive Director as part of an ongoing Board shake-up. Cardno Chairman John Massey says Marlay’s extensive management experience with leading companies such as Alumina,...
Guinea's alumina production rose 25.5 percent year-on-year in the first eight months of 2011 while output of bauxite was up 3.5 percent over the same period, according to a government report seen by Reuters. The report said RUSAL's Friguia refinery, the country's sole plant, produced 443,000 tonnes...
Investment in Australia’s resources sector will surpass A$80 billion ($82 billion) annually by 2015, boosted by development projects in Alumina and other mineral resources, said research group BIS Shrapnel Pty. Australia is the world’s major exporter of alumina, a raw material to make aluminum...
One of today's notable stocks in decline is Alumina (NYSE:AWC), down 5.7% to $6.26. The Dow is down 1.2% to 12,090 and the S&P is currently down 1.3% to 1,269. Potential upside of 43.8% exists for Alumina, based on a current level of $6.26 and analysts' average consensus price target of $9.00. The...
Global Alumina Corporation (the "Company" or "Global Alumina"),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 that the joint venture board of...
Saudi Mining company Ma’aden secures investment for its projects which includes an alumina refinery.Investment includes funds from Canadian export credit agency EDC. EDC is participating in a $2.15 billion loan to the Saudi Arabian Mining Company (Ma’aden) and Alcoa for its projects.
Rayagada seems to become the bauxite war zone again with tribals rising against RSB Metaltech's proposed refinery project in Kalyansinghpur Block. The tribal people expressed their anguish on 27 October 2011 by ransacking the public hearing camp in the proposed project area. The tribal community...
Baker and McKenzie has advised Saudi Arabian Mining Company (Ma'aden) and Alcoa on their alumina refinery located at Ras Al Khair in the Kingdom of Saudi Arabia. The mine and refinery project is phase 2 of the integrated Ma'aden aluminium complex project. The finance documents for phase 1 of the...
Ormet Corp.'s long-idled alumina refinery in Burnside, Louisiana, will resume production "within the next few weeks," Michael Tanchuk, the Ohio-based aluminum producer's CEO, said Wednesday. The company had said the refinery was expected to start producing alumina before the end of October. While...
The Viet Nam National Coal and Mineral Industries Group (Vinacomin) and Dongyang Gangchul, South Korea's leading aluminium producer, agreed to study proposals for three aluminium projects in Viet Nam, following a co-operation agreement inked yesterday between the two companies. These projects would...
China will import 6 million-10 million metric tons of alumina a year by 2021 as its demand for aluminum raw material increases in line with sustained growth in the country, a senior executive at Norsk Hydro told Dow Jones Newswires Wednesday. China will import just less than 2 million tons of...
