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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Japanese firm Showa Denko relishes JBIC support for its Indonesian alumina investment. The Japan Bank for International Cooperation (JBIC), Mizuho and the Sumitomo Trust have signed a ¥26.3 billion ($328 million) loan with Indonesia Chemical Alumina (ICA) to support the first alumina production...
Rich in largely untapped natural resources and able to benefit from a low cost labor force, Vietnam has enjoyed 10-percent growth rates (although it has also suffered 11 percent inflation rates last year). The country has never been a major metals producer, but that could be about to change....
The shares of NALCO were trading at Rs. 78.30, marginally below its previous close of Rs. 78.90. National Aluminium Co, (NALCO), reportedly increased its alumina-refining capacity by 33% to 2.1 mn metric tons. Reports quoted A.K. Sharma, Production Director as saying that, “Output from the new...
Norsk Hydro has a signed contract for Brazilian alumina using the Platts alumina index, Chief Executive Svein Richard Brandtzaeg said on Tuesday. "We have recently entered a contract that was index-linked instead of linked to the LME (London Metal Exchange)," he told Reuters in an interview.
Bauxite production was 11% higher than the Q2 of 2010, notably at Weipa, driven by increased third party demand. Alumina production is gradually recovering from the abnormally heavy rains between December 2010 and April 2011 which primarily impacted Queensland Alumina’s production, affecting...
Exploration Orbite VSPA Inc. says its patented process to convert the Grande Vallée aluminous clays in the Gaspé Peninsula into alumina may have a much wider potential than expected. Orbite has already produced high-grade alumina - the intermediate material for smelting primary aluminum - in its...
Reuters reported that Vietnam will produce the first alumina from a bauxite complex in the Central Highlands in September after months of delays caused by adverse weather, power shortages and slow equipment delivery. Mr Tran Duong Le deputy director of the complex's management board said that the...
Exploration Orbite VSPA (TSX VENTURE:ORT.A) announces that it has successfully extracted alumina from samples of Guinean bauxite. Repeated internal laboratory tests and reviews by independent engineers have confirmed the potential of Orbite's process to extract alumina from bauxite. Orbite's...
China will add 1 million tonnes a year of alumina capacity, the state planning agency said in a statement, adding to its status as world's largest producer. The National Development and Reform Commission has approved Shanxi Tongde Aluminium Company's plan to build a 1 million-tonne-per-year alumina...
Successful development of Exploration Orbite Inc.’s alumina project in Quebec’s Gaspé Peninsula region would create 860 construction jobs, 550 permanent jobs and push wages higher as new families move in from the outside, says Montreal-based international consultants Secor.
The environmental cleanup of Hungary's worst industrial disaster - a flood of toxic sludge from a reservoir at an alumina plant last October - will cost close to HUF 15 billion, Csaba Szabó, the farm minister's commissioner for the project, said at a press conference in Kolontár on Tuesday.
BHP Billiton Ltd delivered record annual production in four of its commodities, the firm said in a statement Wednesday. For the year ended 30 June 2011, natural gas output rose by 10% on the year-ago period, and iron ore increased by 8%, the firm said. Copper, alumina and manganese output also...
China's top economic planner has approved a 1-million-ton alumina project proposed by Shanxi Tongde Aluminum Co., the National Development and Reform Commission said in a statement.
Vietnam will produce the first alumina from a bauxite complex in the Central Highlands in September after months of delays caused by adverse weather, power shortages and slow equipment delivery, the official Vietnam News Agency reported on Wednesday. The Tan Rai refinery is slated to produce...
The Orissa High Court Tuesday dismissed a petition of Vedanta Aluminum Ltd which sought to quash the central government's notification stalling expansion of its refinery project in the state, a lawyer said.
U.K.-listed, Kazakhstan-focused Eurasian Natural Resources PLC (ENRC.LN) Monday said it has completed the expansion of its Kazakhstan alumina refinery on time and within its $305 million budget. The refinery has also successfully reached its target alumina production of 1.7 million metric tons a...
Montreal based Exploration Orbite has raised USD 57.5 million through a recently completed bought deal. Most of the net proceeds will be used to convert the company's Cap Chat pilot plant into a commercial facility producing ultra pure alumina. Orbite's major holding is its Grande Vallee property...
Alcoa ( AA ) recently announced its performance for the second quarter of 2011. While the company grew its top-line by more than 11% over the figure in Q1 2011 to reach $6.6 billion, the net income also grew over the period by about 6% to settle at $326 million. Alcoa is the world leader in the...
