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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Mar 8, 2006 ... The world spot price for alumina , the key ingredient smelted into aluminum , is $650/metric ton these days because of tight supply.
Today Sapa entered into an asset purchase agreement with US aluminium extrusion company Indalex for the possible purchase of substantially all of Indalex’s assets in the US and Canada.
Nov 15, 2007 ... By mid-October, world aluminum prices had fallen about 14??/lb since June ... Purchasing of aluminum ingot (primary and secondary ) and mill ...
Mar 20, 2009 ... for aluminium gave way to a free fall in demand and an aluminium ... and restructure our upstream and downstream aluminium business; ...
Jul 9, 2009 ... The average price of aluminum on the London Metal Exchange in the second .... in London Metal Exchange-based prices for primary aluminum , ...
Apr 7, 2009 ... Aluminum prices are ???deeply depressed??? says analyst Lloyd T. O'Carroll ... because world purchases of primary aluminum ingot ???currently is ...
Aug 9, 2009 ... NALCO raises aluminium prices by 6pct ... India's state run National Aluminium Company Limited sold 5000 tonnes of primary aluminium ingots ...
Aug 11, 2009 ... Refined Copper Output Reaches 336000 tons; Primary Aluminum Output ... S.Korea halts aluminium buys, says price (8/21); Aluminum output ...
Aug 18, 2009 ... S.Korea halts aluminium buys, says price (8/21); Aluminum output ... The company produced 1.98 million tonnes of primary aluminium in the ...
Aug 5, 2009 ... [bn:WBTKR=AWC:AU] Alumina Ltd. [], partner in the world's biggest producer of the material used to make aluminum, said first-half profit ...
Aug 24, 2009 ... about the blow that has been dealt the Jamaican economy by the recent closure of several of the island's bauxite and alumina facilities. ...
Aug 25, 2009 ... Australia- based Alumina Ltd. fell 2 percent. ???The housing and confidence reports cemented evidence that the U.S. economy is recovering,??? ...
Aug 10, 2009 ... Reuters reported that Century Aluminum Company is divesting its stakes in a Louisiana alumina plant and a Jamaican bauxite mine, ...
Aug 25, 2009 ... SS) is the only producer of alumina and the largest producer of primary aluminium in China. The calculation of loss per share and share ...
Aug 25, 2009 ... and overseas projects to Mr Su Ge, and communicates with him on the advanced technology of electrolytic aluminum and alumina processing. ...
Aug 25, 2009 ... Financial Review Monday, that the miner is in very early stages of talks with Chinalco on a possible bauxite and alumina deal. ...
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 26, 2009 ... Chalco sees 2009 alumina output down 11 pct on yr,China aluminium network-- Featured products display can provide various aluminium products ...
