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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The alumina price mechanism is facing challenges from the spot market. Now that iron ore, which has a 40-year tradition of long-term prices,has switched to the spot market this year,alumina will follow suit in the near future. Former President Jiang Zeming,had conveyed that "China can grow fast...
It is learned that ChinaCoal's 200 thousand tons of coal ash to extract alumina comprehensive utilization project will put into production in November, which is located in Fujia Industrial Park, Shuocheng Area, Shuozhou, Shanxi, and the total investment reaches 0.8 billion Yuan. After being put...
AusGroup’s subsidiary AGC Industries has secured a contract from Australia based Alcoa to carry out the management and execution of core multi-disciplinary services (MDS) to its Wagerup refinery located in Western Australia. Under the terms of the five-year contract, AGC will provide range of...
Late last week Guinea's government announced adoption of a new mining code allowing it to increase its participation in projects run by commodities companies operating in the country to 35% from the previous 15%, to boost revenues from the country's rich bauxite resources. However, it's still...
The recent causality by Dengue outbreak in Orissa is frowning upon with several deaths being reported from various places of the state. Though not as grim as in the most affected areas like Anugul and Jharsuguda, the situation in Kalahandi–one of the backward areas of the country–does not speak a...
One of Shannon’s biggest employers faces a major financial blow this week if the European Court of Justice rules against it. The court will consider whether Aughinish Alumina should be forced to pay back 19 years of reduced duties on mineral oils, which are used in the production of alumina.
The Jamaican Government says - in disclosures made by Finance Minister Audley Shaw to lawmakers Thursday - that the sale of its holdings in the Jamalco refinery is imminent, and that negotiations are ongoing with two parties. Jamaica's 45 per cent stake in Jamalco, held by Clarendon Alumina...
BHP Billiton is spending money hand over fist expanding its global production capacity. But the big spending stops when it comes to an alumina project in Guinea where the company and its Canadian and Middle Eastern partners have all but stopped work on a $US5.2 billion ($A4.9 billion) alumina...
Former Minister Damodar Rout criticized the recent industrial policy of state government during his speech on Saturday.He attended the seminar organized by Ganjam district unit of the Orissa union of journalists (OUJ). Mr. Rout said unrestricted establishment of Iron,steel and Alumina industries...
Chinese aluminum producers have a weak voice in pricing aluminum oxide, an official of a Chinese aluminum smelting company said on Thursday. Wang Xiaodong, general manager of Henan Shenhuo Aluminium Co.Ltd, said it is because alumina refineries are usually large in scale. While attending an...
800 thousand tons/year of alumina project of Wenshan Aluminum Co., Ltd started in May, 2008, with the close attention of leadership and active involvement of branch office.Now the company has finished the construction of spare storage, finished products filter plant, raw material grinding mill,...
Aluminum Corp. of China (NYSE: ACH): fell by 2.53% or $-0.4/share to $15.42. In the past year, the shares have traded as low as $15.13 and as high as $26.80. On average, 351074 shares of ACH exchange hands on a given day and today's volume is recorded at 266325. The shares are currently trading...
Growth in India's aluminum production will be met by domestic alumina output, not imports, a senior Hindalco Industries Ltd. (500440.BY) executive said Thursday. Anil Gupta, joint president for sales and marketing, said that India may even become a net exporter of alumina. "India is self-sufficient...
Operations at RUSAL's Friguia alumina refinery in Guinea have returned to normal after a protest by former workers blocked rail shipments from the plant, a spokesperson for the company said on Thursday. "The situation has been resolved through negotiations," the spokesperson said.
Vietnam's first alumina refinery would start producing in November, after several delays, and sell an expected 50,000 tonnes this year directly to clients without any tenders, the company operating the plant said on Friday. Alumina output at the $460 million Tan Rai plant would rise to 350,000...
PT Indonesia Asahan Aluminium (Persero) or Inalum will potentially reduce, even stop the import of raw material alumina, as the government plans to impose disincentives for non-renewable natural resources in 2014.
Former workers at RUSAL's Friguia alumina refinery in Guinea have blocked the company's rail shipments to port for two days by sitting on the tracks, protesters and a source with knowledge of RUSAL's Guinea operations told Reuters on Wednesday. The retired workers said they are owed money by RUSAL,...
Acceptance of the new index-based method for pricing alumina has been speedier than anticipated, a senior executive at Norsk Hydro ASA (NHY.OS) said Wednesday. Simon Storesund told Dow Jones Newswires in an interview that the company, which has between 3 million and 4 million metric tons of alumina...
