Guinea is looking to expand its partnership with Glencore beyond bauxite exports, with the two sides discussing potential investments in alumina refining, energy and other strategic projects as Conakry seeks to build more processing capacity at home. The discussions follow a more than USD 300 million bauxite pre-financing and offtake agreement signed last week between state-owned Nimba Mining and Glencore. Under the deal, the Swiss commodities group will market 10–12 million tonnes of bauxite annually for five years, giving it a significant position in one of the world's largest bauxite-producing countries. Guinea's Mines Minister Bouna Sylla said the agreement could provide a foundation for a broader partnership across the country's aluminium value chain. "Glencore has indicated strong...
Domestic alumina spot prices held steady with slight adjustments last week, and scattered transactions showed mixed pricing. On the supply side, recent domestic alumina operating capacity stayed at around 99.4 million tonnes per year. A new alumina project in Beihai, Guangxi, is expected to start feeding material for trial production late this month, with associated capacity of about 2 million tonnes per year, and specific progress will be tracked closely. Meanwhile, roughly half of the industry's capacity is now running at a full-cost loss, and some producers have even slipped into cash-flow losses. Costs show no signs of easing though, and with few bullish drivers in sight, sector loss pressures keep mounting. Prices held flat last week mainly because new capacity releases are still...
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Aug 5, 2009 ... [bn:WBTKR=AWC:AU] Alumina Ltd. [], partner in the world's biggest ... projects and boosted consumer spending, raising aluminum demand . ...
Aug 23, 2009 ... CAPEX cuts - NALCO puts alumina capacity rise on hold ... had envisaged global titanium demand of 150000 tonnes to 160000 tonnes by 2013. ...
Aug 26, 2009 ... ???Both alumina and aluminum producers have stepped up the pace of restarting idled plants since the second quarter.??? Yanzhou Coal Mining Co., ...
Aug 31, 2009 ... China should build no new aluminium or alumina capacity, and shut down old lead and zinc operations, according to a statement published on ...
Aug 31, 2009 ... Interfax reported that China is expected to see a rise in the annual production capacity of alumina , primary aluminum and refined copper, ...
Apr 29, 2009 ... The two projects each aim to turn out 600000 tonnes of alumina per year. ... study on the Gia Nghia bauxite project in Dak Nong province. ...
Jun 24, 2009 ... ???China imports bauxite and coke to meet demand and uses export duties to keep these resources at home.??? Cars, Baseball Bats ...
Oct 4, 2007 ... Bauxite prices may gain 30 percent next year amid rising demand in China and dwindling Indonesian exports of the ore used to produce ...
Feb 24, 2009 ... The Andhra Pradesh Mineral Development Corporation will supply bauxite ore for the project . Bauxite reserves in the agency area of ...
Apr 16, 2008 ... event in Dubai that the $7.7 billion aluminum project , located at the Persian Gulf coast, will include bauxite mining, alumina refining, ...
Apr 29, 2009 ... Alcoa to Buy BHP's Suriname Bauxite , Alumina Assets (Update1) ... by 2011 and wouldn't proceed with a proposed bauxite project in the South ...
Jul 18, 2009 ... Warship project at GRSE delayed by 2 years ... It has already deployed 3 exploration units for starting investigation of bauxite in small ...
Aug 10, 2009 ... India's state run National Aluminium Company Limited sold 5000 tonnes of primary aluminium ingots at a premium of USD 83 per tonne to the ...
Aug 14, 2009 ... More than 150 member companies represent primary aluminum producers and other industry suppliers in addition to aluminum extruders operating ...
Aug 14, 2009 ... Primary aluminium sales in the six months of this year totalled 115397 tonnes, while the rolled aluminium products totalled sales of 12256 ...
Aug 11, 2009 ... In July, China has imported 222858tons of unwrought aluminum (including primary aluminum , aluminum alloy and aluminum profiles). ...
Aug 21, 2009 ... Bnamericas quoted the country's aluminum association Abal as saying that Brazilian primary aluminum production fell 9.8% YoY in July to ...
Aug 21, 2009 ... The aluminum flat rolled products market is appearing to go its own sweet ... whereas primary metal is discouraged with a 15% export tax, ...
