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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Jul 10, 2009 ... L) said bauxite mining for its alumina plant in eastern India would ... chief executive of Vedanta's project in the eastern state of Orissa ...
Aug 11, 2009 ... July 31 - Ormet Corporation an independent US primary aluminium producer said ... July 24 - Primary aluminium output in China rose to 1.029 ...
Aug 17, 2009 ... The company produced 1.98 million tonnes of primary aluminium in the first half of the year. Cuts at its Siberian smelters totalled 4.5 ...
Aug 18, 2009 ... Brazilian primary aluminum production fell 9.8% year-on-year in July to 129300t, the country's aluminum association Abal said Monday. ...
Aug 21, 2009 ... Reuters reported that China's primary aluminium production rose to 1.088 million tonnes in July from 1.029 million tonnes in June. ...
Aug 22, 2009 ... In late July, the US primary aluminum producer said that it was deciding whether to cut aluminum output at Hannibal or idle the smelter ...
Aug 22, 2009 ... UC RUSAL produced 1.98 million tonnes of primary aluminium in the first half of 2009, down 10 percent from the same period last year. ...
Aug 12, 2009 ... In May, Australia's Alumina Ltd (AWC.AX) forecast a further 7 percent contraction in aluminium demand this year, with most of the decline ...
Aug 26, 2009 ... ???It would take three years to turn China's aluminum market from a surplus to a deficit, along with an economic recovery and demand ...
Aug 31, 2009 ... Aluminium still unstable as demand rises in China,China aluminium network-- Featured products display can provide various aluminium products ...
Jul 17, 2008 ... That's why aluminum prices , largely dormant in recent years, have increased ... The International Aluminium Institute says primary aluminum ...
Mar 16, 2009 ... Analyst sees 55% decline in aluminum prices this year. ... the $1.46/lb peak of last July ???due to a collapse in demand for primary aluminum , ...
Jul 29, 2009 ... After the impairment, operating income for the Primary Aluminum segment was $27 .... third-party sales price ) Quarter Ended Six Months Ended June 30, ...
Jul 27, 2009 ... The following table summarizes our fixed- price aluminum sales hedges per ... integrated producer of value-added primary aluminum products, ...
Aug 13, 2009 ... He also joins with other forecasters that " aluminum prices are ... more than 90% of its primary aluminum production for the third quarter in ...
Jul 10, 2009 ... Secondary aluminium prices in Europe rose on Friday as the recent pick up in demand left supplies short.
Aug 1, 2009 ... Metalfirst reported that Chinese major secondary aluminium alloy maker, Guangdong Longda ... depending on Chinese demand and market price. ...
Aug 5, 2009 ... UK secondary aluminium prices have risen this week, bucking the trend of the traditional summer holiday slowdown, on improved demand , ...
