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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Severe flooding along two major Midwest waterways has ground shipments of barged alumina to a halt, forcing five of the country’s largest smelters to consider shipping alternatives and jeopardizing nearly 1.3 million tonnes of annual domestic aluminum capacity. According to market sources, five...
The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable May 25, 2011 to shareholders of record at the close of business on May 16, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa's $3.75 cumulative preferred stock payable July...
LEADING alumina/aluminium producer Alumina has warned that the fast-growing Chinese industry will benefit from the Gillard government's planned introduction of a carbon tax at the expense of the Australian industry. Chairman Don Morley told shareholders at the group's annual meeting in Melbourne...
Ukraine exported 375,290 metric tons of alumina in January-March, 5.4% more than in the corresponding period in 2010, the government reported Thursday. The exported alumina was worth $116.79 million. Alumina exports in March totaled 126,940 tons, 11.1% more than in February this year and 3.5% more...
Alumina too cheap despite 28pc price rise, producer says The strong Australian dollar and higher energy prices were constraining its performance, the company said. Margins for the commodity were tighter than they should be and its price did not reflect the cost and economics of producing and...
Alumina Ltd's chief executive has told shareholders he expects the aluminium market to grow by 12 per cent this year. The Melbourne-based company has a 40 per cent stake in Alcoa World Alumina and Chemicals (AWAC), the world's largest alumina business with 17 per cent of global production. It would...
...Alumina's chief executive has told shareholders he expects the aluminium market to grow by 12 per cent this year...
...Continuing the investor friendly momentum in Orissa, the High Level Clearance Authority (HLCA) of the state government chaired by Chief Minister Naveen Patnaik on Wednesday cleared nine projects worth Rs 1.36 lakh crore...
...Shares of aluminum producer Alcoa Inc. (AA: News ) rose on Tuesday on speculation that mining giant Rio Tinto (RTNTF.OB,RIO: News ,RIO.L: News ,RTPPF.PK: News , RIO.AX) was planning a takeover bid for the company...
...BS reported that another Chinese engineer accused in the Vedanta controlled Balco chimney collapse in Korba district of Chhattisgarh can visit his home country but only for a few months. Following the petition of Korba police, the Supreme Court had asked the three Chinese Engineers working with...
...Shares in US aluminium giant Alcoa jumped almost 4pc on Tuesday following market speculation that London-listed miner Rio Tinto was preparing a bid for the group...
...Ord River Resources (ASX: ORD) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction Co. Ltd (NFC) are looking to IPO their Lao Bauxite/Alumina Project, which could rank it second to Alumina Ltd (ASX: AWC) in size in Australia...
...They include a three-year contract for capital work with Queensland Alumina at its Gladstone Alumina Refinery, a one-year maintenance contract with Rio Tinto Dampier Salt, a one-year extension of a general maintenance contracts for Chevron at Barrow and Thevenard islands and a three-year...
...China's Yunnan Aluminum which plans to start up its new 800,000 tonnes per year alumina refinery in May expects commercial output in June and hopes to ramp up to full capacity by July to August. The refinery when in operation will mark the company's debut in alumina production...
...The joint venture wants to raise $600 million to construct an alumina refinery in Laos with minimum annual capacity of 600,000 tonnes, Ord River said in a statement on Monday...
...The company reaffirmed its 2011 global aluminum demand growth projection of 12%. For the gains, it cited higher realized prices for alumina and aluminum, growing demand for aluminum products in major end markets and productivity gains...
...Reuters reported that Japanese shipments of aluminum products fell 8.5% in March from a year earlier logging the first YoY decline in 16 months as last month's devastating earthquake took a toll on demand from industries across the board..
...Norwegian aluminium producer Norsk Hydro (NHY.OL: Quote) missed forecasts for its first-quarter results, as it suffered from weak alumina output from newly acquired assets...
