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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... China's Yunnan Aluminium, which plans to start up its new 800,000 mt/year alumina refinery in May, expects commercial output in June, and hopes to ramp up to full capacity by July-August, a company source told Platts Thursday. ...
... Reports say that Alcoa Inc. (NYSE:AA), who bought Traco, a company that makes windows and doors in August, has decided to add 280 full-time and seasonal workers at its Traco’s plant in Cranberry near Pittsburgh. ...
... National Aluminum Company Limited is in the process of implementing a INR 4,402 crore Phase II expansion program which include raising its mining, ... various expanded capacities of its alumina refinery at Damanjodi including cogeneration power plant, evaporation plant, stacker and bauxite...
... There’s fresh trouble brewing for Vedanta Resources’s alumina project in Orissa with the project oustees intensifying the movement, demanding a special relief and rehabilitation (R&R) package. Thousands of oustees are on dharna in front of the Vedanta Aluminium’s alumina project at Lanjigarh in...
... Alumina Ltd. (AWC), Alcoa Inc.’s partner in Melbourne, may consider selling its first bonds in Australian dollars and take advantage of the currency swaps market where savings are almost double the 10-year average. The five-year Australian dollar basis swap has risen 0.3 basis point this month...
... National Aluminium Company has crossed another milestone in implementation of its ambitious second phase expansion. The company has started commissioning various expanded capacities of its alumina refinery, at Damanjodi, including cogeneration power plant, evaporation plant, stacker and bauxite...
...National Aluminium Company (Nalco), a Navratna PSU of government of India, has crossed another milestone in implementation of its ambitious Rs 4,402 crore 2nd phase expansion...
..National Aluminium Company Limited (Nalco), India's leading manufacturer and exporter of alumina and aluminium, is likely to set up its refinery near Makavarapalem in Visakhapatnam district...
...National Aluminium Co Ltd (NALCO) finance director said, due to delays in refinery expansion, the production will fall about 100,000 tonnes short of its production target of 1.68 million tonnes of alumina in the fiscal year to March?..
...Shares of Alcoa, Inc. (NYSE:AA) closed the trading session at $16.13 below calculated support at $16.38 breaking the stock technically, raising concerns by investors, as the move might trigger more selling...
...Showa Denko K.K. (SDK) and PT ANTAM (Persero) Tbk (Antam), of Indonesia, have started building a chemical alumina plant in the Tayan District, West Kalimantan, Indonesia, based on their agreement reached in August last year. A ground-breaking ceremony was held yesterday at the plant site, with...
...Worldal reported that Venezuela's CVG Bauxilum alumina sales rose 6.8% to 104,277 tonnes in March down from 111,831 tonnes in March 2010. Bauxilum said that March alumina sales were up 4.7% however from sales of 99,607 tonnes in February 2011. Of March alumina sales, 58,024 tonnes were domestic...
...One of the major aims of Ghana’s first President Dr Kwame Nkrumah in the establishment of the Volta River Dam was to provide the country with cheap electricity supply and help in its industrialisation process...
...Reportedly, Rio Tinto the Australian mining giant alumina output in Q1 decreased by 4% YoY. Rio Tinto said that the harsh weather in the Q1 reduced its production and the company was resuming its production. In addition, Rio Tinto’s aluminum production increased slightly by 1% YoY in the Q1....
...Shares of Alumina Limited (AWC) saw unusually high trading volume on Monday. Approximately 243,674 shares changed hands during mid-day trading, an increase of 13.29% from the previous session. The stock last traded at $9.79...
...Alcoa Inc. issued two new tender offers to buy back its debt and enhance the maturity profile of its debt load. The aluminum mining and processing company said Wednesday that it will offer to buy back with cash all of its 5.375 percent notes due in 2013 and up to $400 million worth of its...
...Alcoa Inc. on Wednesday said it will sell $1.25 billion in debt, and use the proceeds to buy back notes that come due eight years earlier. The Pittsburgh-based aluminum mining and processing company said it expects net proceeds of more than $1.24 billion from the sale of 5.40 percent notes due...
...Rio Tinto has reported a drop in production in the last quarter, as a result of recent weather conditions affecting mines and ports...
