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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India's Orissa High Court is expected to decide on July 4 whether Vedanta Resources may be allowed to resume work on an alumina expansion project that has been suspended since last October, a Vedanta executive said Tuesday. Vedanta was in the process of expanding its 1 million mt/year alumina...
Sumitomo Chemical announced that it has planned to construct a new production line to increase the manufacturing capacity of high-purity alumina. The production capacity will be increased from 1,600 tons to 3,200 tons per year. The high-purity alumina is utilized as a raw material to produce...
Mumbai: Suzlon Energy Limited, the world’s fifth largest* wind turbine manufacturer, announced today a new order from the National Aluminium Company Limited (NALCO) - Asia's largest integrated aluminum company - to set up, operate and maintain 50.4 MW of wind energy projects in Andhra Pradesh. The...
5:00 PM Sydney – Australian stocks struggled after crude oil plunged more than 4%. The commodities markets also trended lower. BHP said it will invest nearly $500 million in its potash mining operation in Canada and its alumina refinery operation in Western Australia will cost significantly more....
QAL told its employees the tax will hurt the company's international competitiveness. Project partner Rusal is expected to discuss the long-term future of its alumina refineries at a board meeting in Hong Kong today. Federal Climate Change Minister Greg Combet says the carbon price is not the cause...
Alcoa’s Davenport Works still is working to finalize details on President Obama’s visit next week to the Riverdale plant, a company spokesman said today. John Riches said company representatives are meeting with the president’s advance team to determine what Obama will see Tuesday when he visits...
THE Australian arm of Russia's Rusal, controlled by billionaire oligarch Oleg Deripaska, has warned Canberra that the proposed carbon tax could jeopardise future investments, including in the huge Queensland Alumina refinery near Gladstone on the central Queensland coast. In a recent submission on...
Exploration Orbite Inc., developer of the Grande Vallée aluminous clay deposits in the Gaspé Peninsula, has passed another milestone towards proving the mineral can be converted successfully into alumina, the intermediate material used to smelt primary aluminum. CEO Richard Boudreault said Tuesday...
Middle East alumina demand will rise to 22Mt/y by 2030, delegates at CRU’s 16th World Aluminium Conference in Barcelona heard. BHP Billiton vice president of strategy and business- aluminium, Konrad von Szczepanski, outlined the challenges facing the industry in a presentation titled The...
Alcoa announced that effective July 1st 2011, the Company’s Asia Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast growing and...
Bhubaneswar: Vedanta Aluminium Limited, a subsidiary of London stock exchange listed Vedanta Resources Plc, created a new national record at Kandla Port in bauxite loading. The company achieved this feat along with the handling agent SVCT Pvt. Ltd. The new record was created when 36400 MT bauxite...
A South Korean business delegation held talks with Guinean authorities about investing in the country’s natural resources, the West African nation’s Foreign Ministry said. “South Korea needs iron, uranium and several other resources, the raw materials which Guinea has,” the ministry said, citing...
Aneka Tambang, the nation’s largest publicly traded gold-mining company, secured a $292.5 million loan from Japanese banks to help finance the construction of a chemical grade alumina project on an island off West Kalimantan. The Japan Bank for International Corporation and two other commercial...
Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources PLC, will invest about Rs 10,000 crore to complete its aluminium smelter and independent power plants at Jharsuguda. The company has so far invested around Rs 40,000-crore in its Lanjigarh and Jharsuguda projects in Orissa....
Chinalco, China's largest alumina producer, has set up a company in the country's east that will separate highly profitable rare earths from crude ores, a spokesman said Wednesday. The company, a joint venture in Jiangsu province, was launched on Tuesday, Chinalco spokesman Yuan Li told AFP....
Reuters reported that US aluminum producer Ormet Corporation has begun to restart its idled alumina refinery in Burnside, La. and expects to be producing the intermediate material for making aluminum metal in the Q4. Mr Mike Tanchuk president and CEO Ormet said that the Burnside alumina refinery...
China Aluminum Co., Shanxi branch invests 830million to the exploration and renovation of alumina project officially comes into operation. The exploration and renovation of alumina project of China Aluminum Co., Shanxi branch is according to the objective demands of all-round structural adjustment...
Controversial mining firm Vedanta has created a new global comms leadership role, as it bids to rehabilitate a reputation that has been dogged by numerous environmental and human rights allegations. The company, founded in India but now headquartered and listed in London, has poached Senjam Raj...
