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 4, 2009 ... To transfer ownership stakes to Noranda Aluminum * Divesting Gramercy Alumina and St. Ann Bauxite * Century stock rises 6 pct NEW YORK, ...
Aug 5, 2009 ... MELBOURNE, Aug 6 (Reuters) - Australia's Alumina Ltd slid into the red in the first half of 2009 as alumina and aluminium prices tumbled on ...
Aug 4, 2009 ... To transfer ownership stakes to Noranda Aluminum * Divesting Gramercy Alumina and St. Ann Bauxite * Century stock rises 4 pct (Adds ...
Aug 18, 2009 ... IP65 rated pump features PVDF pump end construction materials with FKM gaskets, alumina ceramic valves, and PTFE diaphragm for chemical ...
Aug 18, 2009 ... The charge relates to the recently agreed transfer of the company's 50% ownership interests in Gramercy Alumina LLC in Louisiana and ...
Aug 18, 2009 ... NEW DELHI, Aug 18 (Reuters) - India's National Aluminium Co has put on hold commissioning of the expanded alumina capacity due to local ...
Aug 19, 2009 ... The low comparable alumina component bodes well for the prospect. Once final assays are received from this first phase of drilling, ...
Aug 17, 2009 ... Ker, who covered BHP Billiton Ltd., Rio Tinto Group and Alumina Ltd. for Merrill , joins UBS's mining research team in London focusing on ...
Aug 17, 2009 ... OSLO, Aug 17 (Reuters) - Golden Ocean : * China remains main driver for demand * Steel, alumina and iron ore rebound continues into Q3 ...
Aug 17, 2009 ... Flap Discs are manufactured from zirconia alumina grain. Miniature Flap Discs are available in 4 grit sizes. ...
Aug 17, 2009 ... Alumina , Newsprint. Fewer industries will get government ... Alumina smelting, newsprint manufacturing and silicon production will still ...
Aug 17, 2009 ... With the efforts of all the staff in Zhongzhou Branch of Chinalco, both the alumina processing energy consumption and the overall energy ...
Aug 17, 2009 ... Receipts of Australia's Alumina Ltd., partner in the world's biggest producer of the material used to make aluminum, dropped 3.3 percent. ...
Aug 18, 2009 ... Ms Ker, who covered BHP Billiton Limited, Rio Tinto Group and Alumina Limited for Merrill, joins UBS's mining research team in London ...
Aug 3, 2009 ... the Russian National Aluminium Magnesium Institute in St Petersburg is proposing a project to produce alumina and alumina cement in the.
Aug 6, 2009 ... 6 (Bloomberg) -- Asian stocks rose for the first time in three days as Alumina Ltd. posted a smaller-than-estimated underlying loss and ...
Aug 15, 2009 ... Alumina ratings affirmed after Alcoa withdraws offer for Alcan · Rio Tinto may sell assets to cut debt after Alcan takeover ...
Aug 6, 2009 ... Reuters reported that Chinese aluminium smelters are bringing idle and new capacity on stream and driving up spot prices of alumina .
