Russian aluminium producer Rusal is nearing the final stage of the permitting process for a planned bauxite-to-alumina processing project in Kalimantan, Indonesia, according to Energy and Mineral Resources Minister Bahlil Lahadalia. The project will process bauxite into alumina as part of...
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...
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A feasibility study on the Specials Plant expansion from 189 KTPA to 301 KTPA, with a coal based co-generation power plant, along with natural gas firing for its rotary kilns, is currently on.
Alumina production was lower at Renukoot, due to constrained bauxite availability. Metal Production has been maintained at 140 Kt level; Higher production from the new pots at Hirakud is expected from Q2FY12 onwards. Flat Rolled Product (FRP) production was lower due to the sluggishness in the...
The case against the West Indies Alumina Company (WINDALCO) for breaches of the National Conservation Authority Act was this morning put off in the Spanish Town Resident Magistrate’s Court. The matter will be called up again October 25.
On 8/18/11, Alumina Ltd (NYSE:AWC) will trade ex-dividend, for its semi-annual dividend of $0.12, payable on 9/8/11. As a percentage of AWC's recent stock price of $7.85, this dividend works out to approximately 1.53%.
The case involving bauxite company WINDALCO regarding allegations that it released a noxious substance into the Rio Cobre in St Catherine will begin today. The matter will be heard in the Spanish Town Resident Magistrate’s Court. WINDALCO was brought before the court by the National Environment and...
Aluminum Corp. of China, or Chinalco, said Tuesday that its pretax profit in the first half surged 127.8% from a year earlier due to strong demand for aluminum, rare earths and copper. Revenue gained 10.9% in the first half, the company said in a statement on its website without elaborating.
Australia's S&P/ASX 200 Index climbed 2.6 percent to 4,282.90 at the 4:10 p.m. close of trading in Sydney. New Zealand's NZX 50 Index gained 1.1 percent to 3,252.63 at the 5 p.m. close in Wellington. Alumina Ltd. (AWC AU) jumped 8.2 percent to A$1.97. Alumina, a partner in the world's biggest...
A 200kt/y alumina project, based on coal ash-to-alumina technology, recently broke ground in Erdos, west Inner Mongolia.
Alumina Limited (ADR) skyrocketed 5.97% to $8.16 per share. Shares of AWC have so far hit a 52-week high of $11.46 per share and a 52-week low of $5.71.
PetroChina and Aluminum Corporation of China Limited (CHALCO) signed Phase-? strategic cooperation agreement for purchase and sale of petroleum coke in Beijing. According to the agreement, PetroChina will supply CHALCO with petroleum coke and related services of high standard and quality. CNPC Vice...
The unexpected surge in alumina exports out of China in May and June has highlighted the country's growing role as an opportunistic exporter of the aluminium raw material, built on the back of its fast-growing alumina production.
BNamericas reported that workers at Venezuela's state alumina company Bauxilum have asked the government to review the forward sales contract that was recently signed with Swiss commodities trader Glencore International. A representative from Bauxilum's Suprabaux workers union said that "There have...
Alumina production was lower at Renukoot, due to constrained bauxite availability. Metal production has been maintained at 140 Kilo tonne level,higher production from the new pots at Hirakud is expected from Q2 FY2012 onwards.
Asian stocks rose following the longest series of weekly losses since June after U.S. retail sales increased by the most in four months and Japan’s second- quarter gross domestic product beat economist estimates. Alumina Ltd. (AWC) climbed 8.2 percent to A$1.97 after Macquarie Group Ltd. upgraded...
Japanese and Australian stock futures rose after U.S. retail sales increased by the most in four months, boosting the earnings outlook for Asian exporters as concern eased that the world’s largest economy may stall. American depositary receipts (ADRs) of Alumina Ltd. (AWC), a partner in the largest...
Chief industry analyst of EMC stock Hengkun considers Yunnan Aluminum as one of the best electrolytic aluminum enterprises with excellent control of production cost. 800,000 tons of alumina projects is under building and will put into operation this year. It is estimated to reduce alumina cost by...
Since July and August, Guangxi province ‘s severest electricity shortage in 20 years together with supply tension of coal and high stress from Nanning-Kunming railway all lead Guangxi subsidiary company of Chinalco to face great challenges. In terms of alumina, the key is preventing cost from...
Global Alumina Corporation (TSX: GLA.U) (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 its financial and...
